ar
en
fr
Economy
- Service : English
- Category : Economy
-
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 ....
-
Investment minister, US delegation tour New Administrative Capital
Date: 2019-10-10 22:58:02 GMT - Egypt - Economy - SN:4 - ID:8139969
Minister of Investment and International Cooperation Sahar Nasr, accompanied by a US delegation of Senators and Congressmen from South Carolina state, made a tour of the the New Administrative Capital on Thursday. This came as part of the efforts ....
-
Gasoline prices cut by 25 piasters per liter - Petroleum Ministry
Date: 2019-10-03 23:31:48 GMT - Egypt - Economy - SN:7 - ID:8130355
Egypt's Fuel Automatic Pricing Committee endorsed on Thursday cutting gasoline prices by 25 piasters in the local market. The committee, tasked with revising fuel prices on quarterly basis, set the new prices per liter as follows: EGP 6.5 for ....
-
Remittances of Egyptian expats up 37.7% in July - CBE
Date: 2019-10-03 00:04:27 GMT - Egypt - Economy - SN:3 - ID:8128855
Remittances of Egyptian expats increased by 37.7% in July to reach USD 2.6 billion, up from USD 1.9 billion in June, the Central Bank of Egypt (CBE) said in a statement on Wednesday. On an annual basis, the remittances of Egyptian expats rose ....
-
EIB: EIB's investment in Egypt reaches €8.7 bln in 95 projects
Date: 2019-10-01 07:29:27 GMT - Egypt - Economy - SN:7 - ID:8125968
The European Investment Bank (EIB) is keen on strengthening partnership with Egypt during the upcoming period, Vice President of EIB Dario Scannapieco said. EIB's investments in the Egyptian market recorded €8.7 billion in more than 95 priority ....
-
Bourse gains EGP 20.9 billion
Date: 2019-09-29 23:45:07 GMT - Egypt - Economy - SN:4 - ID:8124352
The Egyptian Exchange (EGX) indexes posted collective gains in Sunday morning transactions, due to stability in the country and the Central Bank of Egypt's (CBE) decision to lower the interest rates for the second time by 2.5% over a period of six ....
-
Beltone Financial to hold conference on Egypt's investment potentials Monday
Date: 2019-09-29 21:49:40 GMT - United Arab Emirates - Economy - SN:3 - ID:8124324
Beltone Financial Holding will hold a conference on Monday for promoting investment potentials in Egypt. The 13th edition of the conference is expected to bring speakers from the Central Bank of Egypt, Egyptian Finance Ministry, along with other ....
-
WB chief underscores int’l confidence in Egyptian economy
Date: 2019-09-25 23:45:33 GMT - USA - Economy - SN:7 - ID:8119331
President of the World Bank (WB) David Malpass has underlined growing international confidence in the Egyptian economy despite the slow growth of world economy and political turmoil in the Middle East and North Africa. President Abdel Fattah El ....
-
Bourse recovers, gains EGP 16.4 bln
Date: 2019-09-25 22:36:46 GMT - Egypt - Economy - SN:6 - ID:8119308
The Egyptian Exchange (EGX) indexes recovered and posted collective gains at the close of Wednesday's trading, backed by purchases of local, Arab and foreign institutions and investment funds. The market capital gained about EGP 16.4 billion to ....
-
Egypt's non-petroleum exports hit $1.9 bln in August
Date: 2019-09-23 16:13:27 GMT - Egypt - Economy - SN:11 - ID:8115977
Egypt's non-petroleum exports have increased by 75 million dollars in August to reach 1.964 billion dollars against 1.619 billion dollars in the corresponding month last year, said the General Organization For Export and Import Control (GOEIC) on ....
