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Economy
- Service : English
- Category : Economy
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CBE, SFD agree on renewing Saudi deposits
Date: 2019-10-21 17:21:34 GMT - Egypt - Economy - SN:6 - ID:8155216
Governor of the Central Bank of Egypt (CBE) Tareq Amer agreed on Monday with Vice President and Managing Director of the Saudi Fund for Development (SFD) Dr. Khalid Bin Sulaiman Al Khudairi to renew existing Saudi deposits at the CBE. The signing ....
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Nasr: Egypt keens on cooperation with USIDFC
Date: 2019-10-20 21:58:49 GMT - Egypt - Economy - SN:6 - ID:8153807
Minister of Investment Sahar Nasr has stressed Egypt's keenness on cooperation with a newly-established United States International Development Finance Corporation (USIDFC). The USIDFC is a US state-owned corporation meant to encourage American ....
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CBE governor honored among world's top central bankers
Date: 2019-10-19 22:13:30 GMT - Egypt - Economy - SN:1 - ID:8152344
Global Finance magazine has honored Governor of the Central Bank of Egypt (CBE) Tarek Amer among the best governors of central banks worldwide. This came during a ceremony organized Saturday by the global magazine on the fringe of the Annual ....
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CBE governor: foreign investors prefer long-term T-bonds
Date: 2019-10-18 22:17:17 GMT - USA - Economy - SN:4 - ID:8151247
Central Bank of Egypt (CBE) Governor Tarek Amer said the great development which the Egyptian economy has witnessed recently is a testament to the success of the country’s financial and economic reform program. In remarks he gave while attending ....
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World Bank praises legislative, institutional reforms in Egypt
Date: 2019-10-17 22:06:48 GMT - Egypt - Economy - SN:6 - ID:8150047
World Bank officials lauded on Thursday legislative and institutional reforms carried out by the Egyptian government to improve investment climate, a step that helped Egypt maintain its status as the first investment-magnet country in Africa for ....
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US Treasury Secretary hails growing coop. with Egypt
Date: 2019-10-16 23:01:03 GMT - Egypt - Economy - SN:5 - ID:8148485
US Secretary of the Treasury Steven Mnuchin on Wednesday lauded growing cooperation with Egypt. He met with Egyptian Prime Minister Mostafa Madbouli, who arrived in Washington on Tuesday leading a ministerial delegation to the annual meetings of ....
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PM, US Treasury Secretary mull bilateral coop.
Date: 2019-10-16 22:58:31 GMT - USA - Economy - SN:3 - ID:8148483
Egyptian Prime Minister Mostafa Madbouli and US Secretary of the Treasury Steven Mnuchin on Wednesday discussed means to boost cooperation between the two countries in different economic and investment fields. Madbouli arrived in Washington on ....
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Dollar exchange rate down at Egypt's major banks
Date: 2019-10-13 22:03:58 GMT - Egypt - Economy - SN:6 - ID:8143716
The US dollar exchange rate slightly fell back during transactions at major banks on Sunday. At the National Bank of Egypt and Banque Misr, the dollar rate declined by one piaster, recording EGP 16.22 for buying and EGP 16.32 for selling. At ....
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Sisi directs to keep focus on social, human development
Date: 2019-10-12 17:43:45 GMT - Egypt - Economy - SN:1 - ID:8142145
President Abdel Fattah El Sisi has ordered to continue to concentrate on social and human development with ongoing efforts to reduce public debt and budget deficit. Sisi on Saturday held a meeting with Prime Minister Mostafa Madbouli and Finance ....
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CBE: Annual inflation rate falls to 2.6% in September
Date: 2019-10-10 23:06:51 GMT - Egypt - Economy - SN:8 - ID:8139974
The Central Bank of Egypt (CBE) announced that Egypt's annual inflation rate declined to 2.6 percent in September 2019, down from 4.9 percent in August of the same year. In a statement released on Thursday, the CBE said Egypt's monthly consumer ....
