ar
en
fr
Economy
- Service : English
- Category : Economy
-
CBE: Bank deposits up to EGP 3.930 trillion in March
Date: 2019-06-24 17:43:38 GMT - Egypt - Economy - SN:3 - ID:7995325
The Central Bank of Egypt (CBE) on Monday announced an increase in bank deposits by around EGP 51 billion by the end of March to reach EGP 3.930 trillion compared to EGP 3.879 trillion in February. The total governmental deposits at banks ....
-
CBE: EGP 140 bn allotted to support small, medium-sized enterprises
Date: 2019-06-20 19:21:38 GMT - Egypt - Economy - SN:8 - ID:7989728
The banking sector has allocated some EGP 140 billion to support micro, small and medium-sized enterprises as part of an initiative launched by the Central Bank of Egypt (CBE) in 2016, CBE deputy governor Lobna Helal said on Thursday. The ....
-
Egypt exports to Tanzania hit 75% increase in 2018: Ambassador
Date: 2019-06-20 00:46:51 GMT - Egypt - Economy - SN:1 - ID:7988356
Egypt's exports to Tanzania witnessed a remarkable growth in 2018, Egyptian Ambassador to Tanzania Mohamed Gaber Abul Wafa said Wednesday. The ambassador made his remark as an Egyptian delegation, including representatives of Egyptian companies ....
-
Bourse loses EGP 3.6 bln
Date: 2019-06-19 17:45:14 GMT - Egypt - Economy - SN:3 - ID:7988111
The Egyptian Exchange (EGX) indexes posted collective losses at the close of trading on Wednesday prompted by sales operations by Arab institutions and investment funds as well as local investors. The market capital lost about EGP 3.6 billion, ....
-
Bourse makes limited gains at end of Sunday's trading
Date: 2019-06-16 18:06:07 GMT - Egypt - Economy - SN:9 - ID:7983222
The Egyptian Exchange indexes posted limited gains at the close of Sunday's trading, backed by purchases by local institutions and investment funds, against selling operations by foreign investors. The market capital gained just EGP 700 million ....
-
CBE underlines importance of applying supervisory instructions on all banks in Africa
Date: 2019-06-12 17:13:12 GMT - Egypt - Economy - SN:3 - ID:7977912
Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm on Wednesday underlined the importance of applying supervisory instructions on all banks in Africa. Addressing annual meetings of African central banks, he said that these instructions ....
-
Bourse gains EGP 10.2 bln
Date: 2019-06-10 16:10:46 GMT - Egypt - Economy - SN:1 - ID:7974754
The Egyptian Exchange (EGX) indexes posted collective gains on Monday, backed by purchases of local institutions and investment funds. The market capital gained EGP 10.2 billion to reach EGP 761.1 billion amid transactions that hit some EGP 1.3 ....
-
Egypt dismisses reports on fuel prices hike
Date: 2019-06-09 22:31:40 GMT - Egypt - Economy - SN:6 - ID:7973574
The Finance Ministry denied Sunday reports on fuel prices hike, saying that a fabricated Facebook page with the logo of the ministry had claimed such rumors. "This news is baseless," the ministry stressed, refuting such rumors, aimed at ....
-
Bourse gains EGP 5.8 bln
Date: 2019-06-09 17:26:14 GMT - Egypt - Economy - SN:2 - ID:7973396
The Egyptian Exchange (EGX) indexes posted collective gains on Sunday, backed by purchases of local institutions and investment funds. The market capital gained EGP 5.8 billion to reach EGP 750.9 billion amid transactions that hit EGP 565 ....
-
Cabinet media center underlines positive change in foreign media coverage of Egypt economy
Date: 2019-06-09 17:14:48 GMT - Egypt - Economy - SN:1 - ID:7973377
The cabinet media center has underlined a change in the way foreign media covers the economic performance in Egypt. News agencies, such as Bloomberg, Reuters, and Financial Times, have been pointing to tangible growth following economic reforms ....
