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Economy
- Service : English
- Category : Economy
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Beltone Financial: Egypt's tourism sector expected to register USD 16.4 bn in 2020
Date: 2019-11-17 20:41:33 GMT - Egypt - Economy - SN:5 - ID:8192137
Beltone Financial, one of the largest investment banks in the Middle East and North Africa, expected that Egypt's tourism sector will continue its growth during the next fiscal year 2020/21 to register USD 16.4 billion, compared to USD 12.6 billion ....
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Beltone Financial: Egypt enjoys sustainable macro economic improvement Vs emerging markets
Date: 2019-11-16 17:28:17 GMT - Egypt - Economy - SN:1 - ID:8190541
Egypt still enjoys a sustainable macro-economic improvement and GDP growth by more than five percent compared to other emerging markets, a leading investment bank said in a recent report. In its report published on Saturday, Beltone Financial ....
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Egypt achieved economic progress that is lauded by int'l organizations -- Minister
Date: 2019-11-13 23:19:53 GMT - Egypt - Economy - SN:7 - ID:8186784
Finance Minister Mohamed Maait said on Wednesday that Egypt has achieved economic progress that is lauded by international organizations. In a statement, he added that such progress opens the door for pumping more investments into Egypt. He ....
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Bourse indexes show mixed performance
Date: 2019-11-11 15:45:03 GMT - Egypt - Economy - SN:2 - ID:8183462
The Egyptian Exchange (EGX) indexes showed a mixed performance at the end of Monday’s trading session prompted by sales operations by institutions, Arab investors and investment funds. The market capital lost about EGP 300 million, registering ....
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Global pharmaceutical companies eye more investments in Egypt
Date: 2019-11-10 23:33:31 GMT - Egypt - Economy - SN:4 - ID:8182405
Representatives of several global pharmaceutical companies operating in Egypt said they are willing to expand their investments in the country, making use of its strategic location, which represents a regional hub in the Middle East and ....
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Bourse gains EGP 4.2 billion
Date: 2019-11-07 23:31:49 GMT - Egypt - Economy - SN:7 - ID:8179436
The Egyptian Exchange (EGX) indexes posted collective gains during Thursday's trading backed by purchases of local investment funds on selected shares in the sectors of housing, real estate, petrochemicals and financial services, in addition to some ....
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Bourse registers gains worth EGP 9.7 billion in a week
Date: 2019-11-07 23:13:21 GMT - Egypt - Economy - SN:1 - ID:8179426
The Egyptian Exchange (EGX) indexes witnessed collective gains during this week’s trading, with profits hitting EGP 9.7 billion. The market capital gained about EGP 737.4 billion compared with EGP 727.7 billion a week earlier. The EGX 30 ....
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Egypt's economy will likely grow by 5.9 percent in FY 2019-20: EBRD
Date: 2019-11-06 23:16:36 GMT - Egypt - Economy - SN:8 - ID:8177887
Egypt is witnessing a robust growth, gaining further momentum both this year and next, the European Bank for Reconstruction and Development (EBRD) said. In its latest Regional Economic Prospects report, the EBRD revised down forecasts for ....
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Vodafone Global Enterprise buys Egypt's VIS at EGP 1bn investments
Date: 2019-11-06 23:12:14 GMT - Egypt - Economy - SN:7 - ID:8177886
Vodafone Global Enterprise for telecommunications and information technology services has purchased Vodafone Egypt for International Services (VIS) at investments of EGP one billion. The move fell within the framework of Vodafone International ....
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CBE: Egypt's foreign currency reserves hit $45.2 bn in October
Date: 2019-11-06 18:36:34 GMT - Egypt - Economy - SN:1 - ID:8177716
Egypt's foreign currency reserves jumped by $129 million in October to reach $45.246 billion, the Central Bank of Egypt (CBE) said in a statement Wednesday. In September, the country's foreign reserves registered $45.117 billion. ....
