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Economy
- Service : English
- Category : Economy
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Egypt growth rate to hit 4 pct in 2017: WB report
Date: 2015-01-20 18:53:03 GMT - Egypt - Economy - SN:71 - ID:1786297
The World Bank has expected the growth rate in Egypt to hit 3.6 pct in 2015 and 4 pct in 2017. In a report, the WB also expected the growth rate in Tunisia at 2.7 pct, Iraq at 0.9 pct and Libya at 4.3 pct. The WB has also expected the economic ....
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Egyptian GDRs in London show mixed performance
Date: 2015-01-20 18:41:24 GMT - United Kingdom - Economy - SN:69 - ID:1786161
The Egyptian Global Depository Receipts (GDRs) in the London Stock Exchange showed mixed performance at the close of Tuesday's trading. The GDRs of the Commercial International Bank (CIB) went up 0.08 percent to 6.95 dollars. The GDRs of ....
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Investment minister in UK to promote investment in Egypt
Date: 2015-01-20 17:57:18 GMT - Egypt - Economy - SN:25 - ID:1783569
Egypt's Investment Minister Ashraf Salman, who is currently visiting Britain, has met with representatives of a number of banks and investment funds, as well as oil companies, to explain the positive performance of the Egyptian economy. Salman ....
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EGX gains EGP 5.8bn
Date: 2015-01-20 13:57:02 GMT - Egypt - Economy - SN:34 - ID:1784025
The Egyptian Exchange (EGX) gained 5.8 billion pounds at the end of Tuesday's trading on the back of purchases by Egyptian and Arab institutions and investment funds. The EGX 30 benchmark index leapfrogged by 2.14 percent to close at 9,804.18 ....
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Minister urges Swiss investors to take part in economic summit in March
Date: 2015-01-20 13:50:56 GMT - Egypt - Economy - SN:32 - ID:1783969
Minister of Industry and Trade Mounir Fakhry Abdel Nour on Tuesday urged Swiss investors to take part in the coming economic summit that will be hosted in the Egypt resort city of Sharm el-Sheikh in March. At a meeting with Swiss Ambassador here ....
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Value of US dollar further rises against Egyptian pound
Date: 2015-01-20 13:15:40 GMT - Egypt - Economy - SN:24 - ID:1783549
The value of the US dollar further rose against the Egyptian pound in the official market Tuesday to register EGP 7.30 compared to the EGP 7.25 buying rate of Monday. Selling dollar price also upped to EGP 7.33 compared to 7.23 just ....
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British min. calls on firms to invest in Egypt
Date: 2015-01-20 12:49:02 GMT - United Kingdom - Economy - SN:19 - ID:1783213
British Minister for the Middle East Tobias Ellwood has called on British companies to invest in Egypt, noting that the Egyptian economy became more attractive. Speaking at a seminar organized by Friends of Egypt parliamentary group, Ellwood said ....
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Decline of global oil prices reduces financial deficit in Egypt by 1 pct - EBRD
Date: 2015-01-19 13:15:46 GMT - United Kingdom - Economy - SN:46 - ID:1775893
The European Bank for Reconstruction and Development (EBRD) expected that the decline of global oil prices by 20 percent leads to an increase in financial deficit in Egypt by one percent. The economic reform and the financial aid provided by a ....
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Agriculture Min.: New system for monitoring fishing activities in Egypt's territorial waters
Date: 2015-01-19 11:25:53 GMT - Egypt - Economy - SN:34 - ID:1774729
Minister of Agriculture and Land Reclamation Adel Beltagui said Monday a new system for high-quality monitoring of the fishing activities in Egypt's territorial waters will be applied soon in the wake of several embarrassment for the Egyptian ....
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CAPMAS: Egyptian exports increase 7% in 2013
Date: 2015-01-19 10:42:12 GMT - Egypt - Economy - SN:30 - ID:1774297
The Central Agency for Public Mobilization and Statistics (CAPMAS) said Monday that the value of Egyptian exports increased in 2013 by 7 percent, reaching 199.88 billion pounds compared to 186.77 billion the year before. CAPMAS added in its ....
