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Economy
- Service : English General
- Category : Economy
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Banque Misr issues one-year saving certificate with return of 25%
Date: 2023-01-04 09:05:13 GMT - Egypt - Economy - SN:19 - ID:9952617
CAIRO, Jan 4 (MENA) - Banque Misr decided to issue a one-year new saving certificate, with a return of 25 percent. The new saving certificate will be available as of Wednesday at all the bank's branches, as well as the bank's electronic channels, ....
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14,000 tons of goods handled at Red Sea Ports
Date: 2023-01-04 08:31:50 GMT - Egypt - Economy - SN:14 - ID:9952582
HURGHADA, Egypt, Jan 4 (MENA) - As many as 14,000 tons of goods were handled at the different harbors of the Red Sea, the Red Sea Ports Authority (RSPA) said in a statement on Wednesday. The imports included 4,000 tons of goods, 350 trucks and ....
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Dollar prices stable at Egypt's major banks
Date: 2023-01-04 08:16:21 GMT - Egypt - Economy - SN:12 - ID:9952503
CAIRO, Jan 4 (MENA) - The dollar exchange rate was stable at the beginning of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 24.68 for buying and EGP 24.73 for ....
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Egypt's foreign exchange reserves to cover imports for 5.4 months -- banking source
Date: 2023-01-03 21:04:28 GMT - Egypt - Economy - SN:91 - ID:9952241
CAIRO, Jan 3 (MENA) - Egypt paid back about $1 billion in foreign debts over the past month, said an official source in the banking sector. In addition, nearly $1.5 billion of foreign debt was paid off in November, taking the total sum of settled ....
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Over 21 government-run companies expected to have their shares listed on EGX in 2023: EGX chief
Date: 2023-01-03 19:25:13 GMT - Egypt - Economy - SN:85 - ID:9952004
CAIRO, Jan 3 (MENA) - Over 21 government-run companies are expected to have their shares listed on the Egyptian Stock Exchange (EGX) in 2023, Chairman of the Egyptian Exchange (EGX) Rami El-Dokany said. Some companies are also expected to offer ....
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175,000 new investors registered in stock exchange in 2022 – EGX chief
Date: 2023-01-03 19:10:49 GMT - Egypt - Economy - SN:83 - ID:9952007
CAIRO, Jan 3 (MENA) – Chairman of the Egyptian Exchange (EGX) Ramy El-Dokany said 175,000 new investors were registered in 2022 against 58,000 ones in 2021 with an increase of 202%, which brings the total number of investors in the stock market to ....
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CBE: Foreign reserve rises to $34 bln in December 2022
Date: 2023-01-03 19:04:17 GMT - Egypt - Economy - SN:82 - ID:9952149
CAIRO, Jan 3 (MENA) - The Central Bank of Egypt (CBE) on Tuesday announced that the country's foreign reserves rose by USD 470 million to hit nearly USD 34 billion in December 2022, compared to USD 33.5 billion in November. (MENA) M R E/R E E ....
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Sisi directs govt to continue releasing goods stuck at ports
Date: 2023-01-03 17:29:42 GMT - Egypt - Economy - SN:78 - ID:9951942
CAIRO, Jan 3 (MENA) - President Abdel Fattah El Sisi directed the government to swiftly continue releasing all goods stuck at the country's ports, as well as simplify all customs clearance procedures. Sisi's directives came during his meeting on ....
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EGX studies introduction of Islamic Sharia-aligned index
Date: 2023-01-03 16:50:17 GMT - Egypt - Economy - SN:76 - ID:9951947
CAIRO, Jan 3 (MENA) - Chairman of the Egyptian Exchange Ramy El-Dokany said on Tuesday that EGX is currently studying introducing a new index that conforms with Islamic Sharia to deal with investors and investment funds which are interested in ....
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EGX saw EGP 30.2 bln increase in capital in 2022 - chairman
Date: 2023-01-03 16:43:56 GMT - Egypt - Economy - SN:75 - ID:9951801
CAIRO, Jan 3 (MENA) - Chairman of the Egyptian Exchange Ramy El-Dokany said on Tuesday that the increase in capital in EGX during 2022 amounted to EGP 30.2 billion. In a press conference on EGX 2022 recap, Dokany noted this figure represents a ....
