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Economy
- Service : English
- Category : Economy
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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. ....
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CBE, EGX announce November 10 off on el Mawled el Nabawi anniversary
Date: 2019-11-03 23:14:18 GMT - Egypt - Economy - SN:5 - ID:8173134
The Central Bank of Egypt (CBE) announced next Sunday, corresponding to November 10, a day off for all the banks operating in Egypt on the anniversary of Prophet Muhammad's birthday (El Mawled El Nabawi). The banks will resume normal operations ....
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Bourse gains EGP 3.3bn
Date: 2019-11-03 15:32:24 GMT - Egypt - Economy - SN:2 - ID:8172755
The Egyptian Exchange (EGX) indexes posted collective gains during Sunday'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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Agriculture min.: Egypt obtains UPOV membership
Date: 2019-11-01 17:46:30 GMT - Egypt - Economy - SN:3 - ID:8170541
Minister of Agriculture and Land Reclamation Ezz Eddin Abu Steit on Friday said that Egypt has won the International Union for Plant Variety Protection (UPOV) membership. The minister said that the UPOV's council unanimously agreed in its meeting ....
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Finance min.: Egypt keen on enhancing Africa's economic integration efforts
Date: 2019-10-31 23:25:41 GMT - Egypt - Economy - SN:5 - ID:8169644
Finance Minister Mohamed Maait said Egypt, since its African Union presidency, attaches importance to enhancing inter-African economic merging and setting up strong economic partnership with advanced states in a bid to achieve overall development of ....
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Economic growth rate in Q1 of FY 2019/2020 reached 5.6 - minister
Date: 2019-10-31 00:07:28 GMT - Egypt - Economy - SN:1 - ID:8168218
Minister of Planning Dr Hala el Saeed Wednesday said the economic growth rate remained stable during the first quarter of this fiscal year, reaching 5.6%. During a cabinet meeting held here under Prime Minister Dr Mostafa Madbouli to review ....
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Bourse gains EGP 2.3bln
Date: 2019-10-28 15:30:44 GMT - Egypt - Economy - SN:5 - ID:8164925
The Egyptian Exchange (EGX) indexes went up collectively at the close of Monday's trading, amid purchases by foreign investment funds and financial portfolio. The market capital gained EGP 2.3 billion to reach EGP 716.5 billion, after ....
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Dollar exchange rate stable at Egypt's major banks
Date: 2019-10-27 13:16:58 GMT - Egypt - Economy - SN:6 - ID:8163105
The dollar exchange rate was relatively stable during Sunday transactions at Egypt's major banks. The dollar value dropped by more than EGP 1.70 since the beginning of 2019. The dollar exchange rate remained stable at the National Bank of ....
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US budget deficit hits 26% reaching in 2019
Date: 2019-10-26 14:23:06 GMT - USA - Economy - SN:2 - ID:8161994
The US government’s budget deficit ballooned to nearly $1 trillion in 2019, The Washington Post quoted the US Treasury Department as announcing. The United States’ fiscal imbalance widened for a fourth consecutive year despite a sustained run of ....
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Eni: New resources discovered in Gulf of Suez offshore Egypt
Date: 2019-10-25 22:55:30 GMT - Egypt - Economy - SN:2 - ID:8161200
Energy group Eni announced on Friday the discovery of new resources in the Abu Rudeis Sidri development lease in the Gulf of Suez, where the operating company Petrobel, equally held by Eni and by the Egyptian General Petroleum Corporation (EGPC), ....
