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Economy
- Service : English
- Category : Economy
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1st deal inked between MSMEDA, NBE for SMEs in North Sinai
Date: 2019-09-21 22:32:41 GMT - Egypt - Economy - SN:5 - ID:8113441
The MSMEDA signed Saturday a finance agreement with the National Bank of Egypt (NBE) to fund small projects in North Sinai governorate, Governor Abul Fadil Shosha said. The deal is the first of its kind between the Micro, Small and Medium ....
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Mulla: Egypt's natural gas production rises to highest level in Sept.
Date: 2019-09-20 14:48:56 GMT - Egypt - Economy - SN:1 - ID:8112037
Petroleum Minister Tareq el Mulla said that Egypt's natural gas production rises to its highest level in September, a matter that led to an increase in the use of natural gas in the local market after Egypt achieved a self-sufficiency in natural gas ....
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All EGX indexes down, market capital loses EGP 500m
Date: 2019-09-18 23:00:02 GMT - Egypt - Economy - SN:7 - ID:8110022
The Egyptian Exchange (EGX) indexes went down collectively at the close of Wednesday's trading, amid sales by Egyptian investors, institutions and investment funds. Meanwhile, selective purchases prevailed in transactions of foreign ....
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Dollar exchange rate down at Egypt's major banks
Date: 2019-09-15 23:17:13 GMT - Egypt - Economy - SN:8 - ID:8105415
The US dollar exchange rate maintained its downward trend during transactions at major banks on Sunday. At the National Bank of Egypt and Banque Misr, the dollar rate declined by three piasters, recording EGP 16.35 for buying and EGP 16.45 for ....
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CBE Governor Amer assumes AFI chair post
Date: 2019-09-11 22:35:07 GMT - Rwanda - Economy - SN:1 - ID:8100258
Central Bank of Egypt (CBE) Governor Tarek Amer assumed post of the new chair of Alliance of Financial Inclusion (AFI)’s Board of Directors during the network’s annual general meeting (AGM) at the 2019 AFI Global Policy Forum held on Wednesday in ....
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CAPMAS: Egypt inflation rate up 0.7% in August
Date: 2019-09-10 07:52:00 GMT - Egypt - Economy - SN:4 - ID:8097546
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday that the country’s inflation rate increased by 0.7 percent in August, reaching 314.8 points up from the 312.5-point recording in July. The annual inflation ....
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Egypt's bourse loses 3.1 billion pounds
Date: 2019-09-09 14:21:27 GMT - Egypt - Economy - SN:7 - ID:8096911
The Egyptian Exchange (EGX) indexes went down at the end of the trading session on Monday prompted by sellouts by Arab and foreign investment funds and institutions. The market capital lost about EGP 3.1 billion, registering EGP 774.4 billion, ....
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Dollar exchange rate down 1 piaster Egypt's major banks
Date: 2019-09-08 23:41:51 GMT - Egypt - Economy - SN:7 - ID:8095782
The US dollar exchange rate maintained its downward trend during transactions at major banks on Monday, dropping by one piaster versus the pound. The dollar value has dropped about 1.40 piasters since the start of the year. At the National ....
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Bourse gains EGP 4.2 bn amid varied performance
Date: 2019-09-08 17:04:28 GMT - Egypt - Economy - SN:2 - ID:8095531
The Egyptian Exchange (EGX) witnessed on Sunday varied performance amid purchases of domestic, Arab and foreign institutions and investment funds. The market capital recorded gains estimated at EGP 4.2 billion to reach EGP 777.5 billion. The ....
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Egypt, Geely sign MoU for producing electric cars
Date: 2019-09-06 17:52:16 GMT - Egypt - Economy - SN:5 - ID:8093113
Egypt’s Minister of State for Military Production Mohamed El-Assar witnessed Friday the signing ceremony of a MoU between the National Organization for Military Production and Chinese Geely Company for manufacturing electric cars. The move comes ....
