Economy

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  • Category : Economy
  • IAEA boss praises Egypt's measures to carry out Dabaa nuclear project

    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 ....

  • Egypt bourse gains 43.7 billion dollars in January

    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 ....

  • PM: Lagarde's statements about Egypt's economy of great positive impact

    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 ....

  • Bourse gains EGP 6.3 bln

    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 ....

  • Egypt’s GDP grows 5.5% in 2Q 2018/19 -- Minister

    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 ....

  • Dollar rate retreats in banks against Egyptian pound

    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 ....

  • Dollar prices hit 2-year low against Egyptian pound

    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 ....

  • Shutdown cost US economy at least $6B - Standard & Poor's

    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 ....

  • IMF: 4th review for Egypt's Extended Fund Facility arrangement within weeks

    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 ....

  • Egypt's ministerial delegation inspects German EKOCity company

    Egypt's ministerial delegation inspects German EKOCity company

    Date: 2019-01-24 17:27:55 GMT - Egypt - Economy - SN:16 - ID:7773074

    An Egyptian ministerial delegation members led by Military Production Minister Mohamed el Assar, on Thursday paid a visit to the German city of Cologne, where they inspected EKOCity, the German waste management company based in North ....

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