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Economy
- Service : English General
- Category : Economy
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EGX indexes hit record high after CBE decision to increase interest rate
Date: 2024-03-06 10:28:14 GMT - Egypt - Economy - SN:18 - ID:10612799
CAIRO, March 6 (MENA) - Egyptian Exchange (EGX) indexes hit a record high during Wednesday's trading, pushed by large purchases after a Central Bank of Egypt (CBE) decision to increase the interest rate. The market capital gained nearly EGP 79 ....
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Dollar exchange rate hits EGP 46 at NBE
Date: 2024-03-06 09:57:51 GMT - Egypt - Economy - SN:16 - ID:10612696
CAIRO, March 6 (MENA) - The dollar exchange rate increased Wednesday at the National Bank of Egypt (NBE) to EGP 46 for buying and EGP 46.10 for selling. At Banque Misr the dollar price upped to EGP 45.25 for buying and EGP 45.35 for selling. ....
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Dollar price up in NBE to EGP 30.95 for buying, EGP 31.05 for selling
Date: 2024-03-06 09:03:39 GMT - Egypt - Economy - SN:13 - ID:10612601
CAIRO, March 6 (MENA) - The dollar exchange rate increased Wednesday in the National Bank of Egypt to EGP 30.95 for buying and EGP 31.05 for selling with a rise of 20 piasters for both buying and selling. The Monetary Policy Committee (MPC) of ....
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Dollar exchange rate stable at beginning of Wednesday's transactions
Date: 2024-03-06 08:48:05 GMT - Egypt - Economy - SN:11 - ID:10612572
CAIRO, March 6 (MENA) - The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buying and EGP 30.85 for ....
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CBE raises key interest rates by 6% in special meeting
Date: 2024-03-06 08:26:58 GMT - Egypt - Economy - SN:9 - ID:10612496
CAIRO, March 6 (MENA) - The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided in its special meeting to raise overnight deposit rate, overnight lending rate and the rate of the main operation by 600 basis points to 27.25 ....
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17,000 tons of goods handled at Red Sea Ports
Date: 2024-03-06 08:11:52 GMT - Egypt - Economy - SN:8 - ID:10612466
HURGHADA, Egypt, March 6 (MENA) - About 17,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 4,000 tons of goods, 561 trucks and ....
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Turkish delegation visits Cairo Int'l Fair
Date: 2024-03-05 19:05:54 GMT - Egypt - Economy - SN:72 - ID:10612153
CAIRO, March 5 (MENA) - A Turkish delegation has inspected the 57th Cairo International Fair-EECA EXPO 2024, in order to explore the available investment opportunities in Egypt within the upcoming period. During the visit, the delegation hailed ....
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FEDCOC chief urges private sector from Egypt, Armenia to carry out new investments
Date: 2024-03-05 18:59:25 GMT - Egypt - Economy - SN:70 - ID:10612104
CAIRO, March 5 (MENA) - President of the General Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed el Wakil urged the private sector in Egypt and Armenia to carry out new investments and benefit from the great opportunities, which are ....
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Local development min. lays foundation stone of integrated olive processing complex in Fayyum
Date: 2024-03-05 18:37:38 GMT - Egypt - Economy - SN:66 - ID:10611985
FAYYUM, Egypt, March 5 (MENA) - Minister of Local Development Hesham Amna on Tuesday laid the foundation stone of a project for establishing an integrated olive processing complex over a total area of five feddans in Fayyum, about 99 km south of ....
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Egypt keen to bolster trade exchange, investments with Armenia – Min.
Date: 2024-03-05 18:27:43 GMT - Egypt - Economy - SN:65 - ID:10612059
CAIRO, March 5 (MENA) – Egypt works on building bridges to boost bilateral cooperation and cement ties with Armenia, said Trade and Industry Minister Ahmed Samir. The minister's remarks came on Tuesday at the Egypt-Armenia business forum, ....
