Economy

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  • Bourse gains EGP 10.3 bn

    Bourse gains EGP 10.3 bn

    Date: 2019-02-17 17:20:19 GMT - Egypt - Economy - SN:1 - ID:7809116

    The Egyptian Exchange (EGX) indexes posted collective gains on Sunday, backed by purchases of domestic institutions and investment funds. The market capital gained EGP 10.3 billion to reach EGP 837.8 billion amid transactions that hit EGP 1.5 ....

  • IMF: Egypt enjoys highest growth in MENA

    IMF: Egypt enjoys highest growth in MENA

    Date: 2019-02-13 19:04:07 GMT - Egypt - Economy - SN:4 - ID:7803640

    Egypt currently enjoys the highest growth rate among the MENA region and emerging economies, the director of the IMF's Middle East and Central Asia Department Jihad Azour said Wednesday. Jihad Azour also praised Egypt’s commitment to its reform ....

  • IMF: Egypt has big opportunity to make progress in financial inclusiveness field

    IMF: Egypt has big opportunity to make progress in financial inclusiveness field

    Date: 2019-02-12 11:08:20 GMT - Egypt - Economy - SN:8 - ID:7801109

    IMF regional director Gehad Azour said choosing Egypt as a venue for launching the financial inclusiveness report on small and medium-scale projects came as a result of being one of the biggest rising economies in the region. Addressing a seminar ....

  • 5th edition of

    5th edition of "Egypt Can" conf. to focus on investments

    Date: 2019-02-12 10:18:42 GMT - Egypt - Economy - SN:5 - ID:7801016

    Minister of Investment and International Cooperation Sahar Nasr and Minister of Immigration and Egyptian Expatriates Affairs Nabila Makram agreed that the theme of the the 5th "Egypt Can" conference in 2019 will be investment. Both ministers ....

  • Saudi Aramco and Egypt’s SUMED sign oil deals

    Saudi Aramco and Egypt’s SUMED sign oil deals

    Date: 2019-02-12 09:44:16 GMT - Egypt - Economy - SN:4 - ID:7800939

    Petroleum Minister Tareq el Molla witnessed Tuesday the inking of an agreement between Egypt's Arab Petroleum Pipelines Co. (SUMED) and Saudi Aramco’s trading arm, Aramco Trading Company (ATC) to provide 222,000 cubic meters of gas oil storage ....

  • CBE starts implementing strategy on enhancing economic ties with Africa

    CBE starts implementing strategy on enhancing economic ties with Africa

    Date: 2019-02-10 16:08:58 GMT - Egypt - Economy - SN:12 - ID:7798442

    The Central Bank of Egypt (CBE) began implementing a comprehensive strategy to enhance economic relations with the African countries within the framework of its belief in the importance of the Egyptian presence in the continent. The strategy ....

  • Bourse gains EGP 1.4 bln

    Bourse gains EGP 1.4 bln

    Date: 2019-02-10 14:57:58 GMT - Egypt - Economy - SN:11 - ID:7798316

    The Egyptian Exchange (EGX) indexes posted collective gains on Sunday, backed by purchases of local investors. The market capital gained EGP 1.4 billion to reach EGP 818.8 billion amid transactions that hit EGP 1.2 billion. The EGX 30 ....

  • PM reviews vision of FEC members on export incentive program

    PM reviews vision of FEC members on export incentive program

    Date: 2019-02-07 19:30:39 GMT - Egypt - Economy - SN:13 - ID:7794163

    Premier and Housing Minister Mostafa Madboli presided Thursday over a meeting with the members of the Food Export Council (FEC) in the presence of Trade and Industry Minister Amr Nassar. During the get-together, Madbouli reviewed the vision of ....

  • Egypt bourse gains EGP 4.3bn, indexes show mixed performance

    Egypt bourse gains EGP 4.3bn, indexes show mixed performance

    Date: 2019-02-07 18:36:57 GMT - Egypt - Economy - SN:9 - ID:7794121

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Thursday's trading amid purchases by local institutions and investors. The market capital gained about EGP 4.3 billion, registering around EGP 817.4 billion, after ....

  • EGX indexes show mixed performance, benchmark up 0.24%

    EGX indexes show mixed performance, benchmark up 0.24%

    Date: 2019-02-06 22:15:35 GMT - Egypt - Economy - SN:10 - ID:7792680

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading amid strong purchases by Arab and foreign institutions as well as local investors. The market capital gained EGP one billion, registering EGP 813.1 ....

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