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Economy
- Service : English
- Category : Economy
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Foreign cash flows hit $150 bln in 30 months - CBE governor
Date: 2019-04-12 23:21:39 GMT - USA - Economy - SN:9 - ID:7895038
Governor of the Central Bank of Egypt (CBE) Tarek Amer said Friday foreign cash flows from different sources have recorded $150 billion since the Egyptian pound exchange rate liberation in November 2016. This is an important indicator that ....
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IMF hails cooperation with Egypt in reform program
Date: 2019-04-12 19:30:28 GMT - USA - Economy - SN:5 - ID:7894908
Director of the International Monetary Fund's (IMF) Middle East and Central Asia department Jihad Azour stressed the importance of the fund's cooperation with Egypt, expecting that the Egyptian economy would continue to grow in the coming period. ....
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CBE: Annual inflation rate falls to 8.9% in March
Date: 2019-04-10 18:17:25 GMT - Egypt - Economy - SN:3 - ID:7891874
The Central Bank of Egypt (CBE) announced Wednesday that Egypt's inflation rate declined to 8.9 percent in March 2019 from 9.2 percent in February of the same year. On a monthly basis, core inflation recorded 0.5 percent in March, compared to 1 ....
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Finance minister heads for US to take part in WB, IMF meetings
Date: 2019-04-09 11:55:19 GMT - Egypt - Economy - SN:4 - ID:7889157
Minister of Finance Mohamed Maait left here on Tuesday for Washington to take part in the spring meetings of the International Monetary Fund (IMF) and World Bank, due to kick off on Thursday and run for five days. A statement released by the ....
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National plan costing $ 50bln to overcome scarcity of water – Minister
Date: 2019-04-08 17:13:44 GMT - Lebanon - Economy - SN:8 - ID:7888127
Egyptian Minister of Water Resources and Irrigation Mohamed Abdel Ati has revealed Egypt’s 2017-2037 strategic national plan to overcome the problem of water scarcity. In statements to MENA correspondent in Beirut during his participation in the ....
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Bourse gains EGP 1.8 bn
Date: 2019-03-31 23:15:26 GMT - Egypt - Economy - SN:8 - ID:7875512
The Egyptian Exchange (EGX) indexes showed mixed performance on Sunday, backed by purchases of Egyptian and Arab investors. The market capital gained EGP 1.8 billion to reach EGP 816.5 billion amid transactions that hit EGP 892 million. The ....
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Bourse loses EGP 10bn; all indexes fall back
Date: 2019-03-25 15:49:12 GMT - Egypt - Economy - SN:5 - ID:7865534
Egyptian Exchange (EGX) indexes posted collective losses at the close of trading on Monday prompted by sales operations by Arab and foreign institutions and investment funds. The market capital lost EGP 10 billion, registering EGP 813.3 billion, ....
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Planning min. to attend session of UN economic commission for Africa
Date: 2019-03-22 14:30:21 GMT - Morocco - Economy - SN:2 - ID:7860679
Planning Minister Hala el Saeed is set to participate in the 52nd Session of the UN Economic Commission for Africa and the Conference of African Ministers of Finance, Planning and Economic Development that will be held at the ministerial level on ....
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Investment min. chairs UN session on coop. among Southern Countries
Date: 2019-03-22 14:20:00 GMT - Egypt - Economy - SN:1 - ID:7860658
Egypt's Investment Minister Sahar Nasr and Bangladesh's Foreign Minister AK Abdul Momen have co-chaired a key UN debate session on available opportunities for cooperation among countries of the South. The session was held on the sidelines of the ....
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Germany’s Bosch keen on investing in Egypt, says official
Date: 2019-03-10 23:06:44 GMT - Egypt - Economy - SN:9 - ID:7842000
The head of the Middle East and Africa Operations of Germany’s Robert Bosch engineering and electronics company said Sunday that the corporation aims to establish a major factory as part of its investment plan in Egypt. The factory will be a ....
