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Economy
- Service : English
- Category : Economy
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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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IAEA boss praises Egypt's measures to carry out Dabaa nuclear project
Date: 2019-02-04 17:36:12 GMT - Egypt - Economy - SN:6 - ID:7789177
International Atomic Energy Agency (IAEA) Director General Yukiya Amano has lauded the safety measures adopted by Egypt on the implementation of the Dabaa nuclear project. In a meeting on Monday with Minister of Electricity and renewable energy ....
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Egypt bourse gains 43.7 billion dollars in January
Date: 2019-01-31 21:47:26 GMT - Egypt - Economy - SN:5 - ID:7783822
The Egyptian Exchange (EGX) gained 43.7 billion dollars pounds in January, gaining about EGP 793.4 billion dollars compared to 749.7 billion dollars in December, up 5.8 percent. The market indexes showed mixed performance, as the EGX 30 benchmark ....
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PM: Lagarde's statements about Egypt's economy of great positive impact
Date: 2019-01-30 22:01:12 GMT - Egypt - Economy - SN:10 - ID:7782318
Prime Minister Mostafa Madbouli welcomed statements by Managing Director of the International Monetary Fund (IMF) Christine Lagarde on Egypt's economy, saying that they reflect the appreciation of the international economic institution of the ....
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Bourse gains EGP 6.3 bln
Date: 2019-01-30 18:55:44 GMT - Egypt - Economy - SN:3 - ID:7782226
The Egyptian Exchange (EGX) indexes continued collective gains on Wednesday, backed by purchases of institutions and investment funds. The market capital gained EGP 6.3 billion to reach EGP 791.88 billion amid transactions that hit EGP 2.07 ....
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Egypt’s GDP grows 5.5% in 2Q 2018/19 -- Minister
Date: 2019-01-30 17:54:56 GMT - Egypt - Economy - SN:2 - ID:7782155
Egypt’s GDP grew by 5.5 percent during the second quarter of the fiscal year of 2018/2019, up 0.2 percent from the same period the last year, Minister of Planning Hala el Saeed said Wednesday. Saeed hailed the rate as the global GDP hit 3.5 ....
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Dollar rate retreats in banks against Egyptian pound
Date: 2019-01-28 18:20:03 GMT - Egypt - Economy - SN:3 - ID:7778908
The US Dollar exchange rates retreated in banks on Monday after a wave of declines yesterday that reached about 20 piasters, recording its biggest daily retreat in two years. A similar daily retreat took place in February, 2017 when the dollar ....
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Dollar prices hit 2-year low against Egyptian pound
Date: 2019-01-27 18:48:16 GMT - Egypt - Economy - SN:4 - ID:7777270
The US Dollar exchange rates hit Sunday its two-year low against the Egyptian pound as foreign fund inflows have witnessed a strong return for the first time since May. USD/EGP retreated 22 piasters on Sunday to hit 17.63 for buying and EGP 17.75 ....
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Shutdown cost US economy at least $6B - Standard & Poor's
Date: 2019-01-26 21:41:54 GMT - USA - Economy - SN:12 - ID:7775812
Financial rating agency Standard & Poor's analyzed the cost of the partial government shutdown on the United States economy and found it added up to at least $6 billion; more expensive than the $5.7 billion President Donald Trump wanted for the ....
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IMF: 4th review for Egypt's Extended Fund Facility arrangement within weeks
Date: 2019-01-25 20:00:15 GMT - USA - Economy - SN:2 - ID:7774461
Managing Director of the International Monetary Fund (IMF) Christine Lagarde said Friday the IMF staff team has now finalized the details required to present the fourth review for Egypt's Extended Fund Facility arrangement to the body's Executive ....
