Economy

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  • Category : Economy
  • EU amb.: Tariff on cars imported from EU to reach 0% starting from Jan. 1, 2019

    EU amb.: Tariff on cars imported from EU to reach 0% starting from Jan. 1, 2019

    Date: 2018-11-08 18:59:10 GMT - Egypt - Economy - SN:4 - ID:7661188

    Head of the European Union Delegation to Egypt Ambassador Ivan Surkos said that Egypt will cut the tariff on cars imported from the EU to reach zero percent starting from January 1, 2019 in accordance with an approved schedule of Egypt-EU ....

  • Bourse gains EGP 7.3 b, index up 1.34 percent

    Bourse gains EGP 7.3 b, index up 1.34 percent

    Date: 2018-11-07 15:52:53 GMT - Egypt - Economy - SN:5 - ID:7659351

    The Egyptian Exchange indexes posted collective gains at the close of Wednesday's trading, backed by activity in the investment, housing and real estate stocks. The market capital gained EGP 7.3 billion to reach EGP 773.36 billion amid ....

  • CIIE offers Egypt great chance to export dates, food products to China - official

    CIIE offers Egypt great chance to export dates, food products to China - official

    Date: 2018-11-06 10:07:50 GMT - China - Economy - SN:8 - ID:7657007

    Top official at the Egyptian Export Development Authority said the First China International Import Expo (CIIE) in Shanghai offers a great chance for Egypt to export citrus crops, dates and other food products to China. About 24 Egyptian ....

  • Saudi Embassy: Economic ties with Egypt in steady progress

    Saudi Embassy: Economic ties with Egypt in steady progress

    Date: 2018-11-01 22:42:21 GMT - Egypt - Economy - SN:8 - ID:7650598

    Economic relations between Egypt and Saudi Arabia have been witnessing a steady progress over the past years, the Saudi Embassy in Cairo said. As evidence of that, the activities of the Egyptian-Saudi trade mission hosted by Riyadh on October 28 ....

  • NBE increases funding for cotton ginning companies

    NBE increases funding for cotton ginning companies

    Date: 2018-10-28 19:21:01 GMT - Egypt - Economy - SN:4 - ID:7643401

    The National Bank of Egypt (NBE) has allocated EGP 2 billion to fund cotton ginning companies in 2018/19 with an increase of 1.3 billion compared to the past year. Eighteen public and private companies are going to benefit from the bank's funding ....

  • Bourse loses EGP 11.3 bln

    Bourse loses EGP 11.3 bln

    Date: 2018-10-25 14:21:14 GMT - Egypt - Economy - SN:1 - ID:7638995

    Egyptian Exchange (EGX) indexes posted collective loses at the close of trading on Thursday amid selling operations by domestic institutions and investment funds, while the Arab and foreign investors tended to purchase. The market capital lost ....

  • Ministerial committee tackles Egyptian investments in Africa

    Ministerial committee tackles Egyptian investments in Africa

    Date: 2018-10-22 17:09:20 GMT - Egypt - Economy - SN:6 - ID:7633913

    The economic ministerial committee held a meeting Monday under Prime Minister Mostafa Madbouli in the presence of the ministers of international cooperation, planning, finance, agriculture, investment, trade and industry, and business ....

  • Bourse gains EGP 2.3 bln

    Bourse gains EGP 2.3 bln

    Date: 2018-10-22 15:09:40 GMT - Egypt - Economy - SN:2 - ID:7633690

    The Egyptian Exchange indexes posted collective gains at the close of Monday's trading, backed by purchases by Arab and foreign institutions and investment funds besides Egyptian investors. The market capital gained EGP 2.3 billion to reach EGP ....

  • Egypt ranks first as investment-magnet African country - official

    Egypt ranks first as investment-magnet African country - official

    Date: 2018-10-07 18:31:57 GMT - Egypt - Economy - SN:3 - ID:7610806

    Egypt ranks the first among African countries in 2017 in terms of attracting Foreign direct investments, said CEO of COMESA Regional Investment Agency (RIA) Heba Salama. In 2017, foreign direct investments in Egypt were estimated at 7.4 billion ....

  • PM witnesses signing of two deals with IDB

    PM witnesses signing of two deals with IDB

    Date: 2018-10-04 16:55:45 GMT - Egypt - Economy - SN:3 - ID:7607004

    Prime Minister Mostafa Madbouli on Thursday witnessed the signing of two agreements with the Islamic Development Bank (IDB). The first agreement is meant to establish a regional headquarters for the IDB group in Cairo. Meanwhile, the second ....

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