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Economy
- Service : English
- Category : Economy
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Competitive EGP improves external balances, says JP Morgan
Date: 2018-10-03 22:20:19 GMT - USA - Economy - SN:4 - ID:7605671
A more competitive pound, rising hydrocarbon production, and security stability improved Egypt’s current account deficit, which came in slightly better than our forecast and eased to 2.4% of GDP in the 2017/18 fiscal year which ended in June, from ....
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Untapped assets of spinning, weaving companies hit EGP 40-45bln - Minister
Date: 2018-09-29 16:47:27 GMT - Egypt - Economy - SN:2 - ID:7598702
Public Business Sector Minister Hisham Tawfiq said that the ministry-affiliated companies own huge sums of unutilized assets. During his visit to the Delta Fertilizers and Chemical Industries Company in Dakahlia governorate, the minister noted ....
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CBE keeps interest rates on deposits, loans unchanged
Date: 2018-09-27 22:59:55 GMT - Egypt - Economy - SN:9 - ID:7596526
The Central Bank of Egypt decided on Thursday to stabilize the interest rate for one night on deposits and loans at 16.75 and 17.75 percent respectively. The decision was made by the CBE Monetary Policy Committee during a meeting held earlier in ....
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All EGX indexes up, benchmark surges 0.14 pct
Date: 2018-09-27 15:18:40 GMT - Egypt - Economy - SN:3 - ID:7596115
The Egyptian Exchange (EGX) indexes went up collectively at the close of Thursday's trading, pushed by purchases of local and Arab investors. The market capital gained about EGP 600 million to register EGP 801.9 billion, after transactions ....
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Egyptian bourse gains EGP7.2bn
Date: 2018-09-25 13:43:28 GMT - Egypt - Economy - SN:21 - ID:7592493
The Egyptian Exchange (EGX) indexes went up at the close of trading on Tuesday amid purchasing operations by local and foreign institutions and investment funds. The market capital gained EGP 7.2 billion to reach EGP 791.9 billion amid ....
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Bourse loses 5.5bn
Date: 2018-09-20 15:01:11 GMT - Egypt - Economy - SN:2 - ID:7585181
The Egyptian Exchange (EGX) indexes went down at the close of trading on Thursday amid selling operations by local institutions and investment funds. The market capital lost EGP 5.5 billion to reach EGP 780.1 billion amid transactions that hit ....
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Dollar prices stable at major Egyptian banks
Date: 2018-09-19 10:26:28 GMT - Egypt - Economy - SN:4 - ID:7582929
The exchange rate of the US dollar was relatively stable during transactions on Wednesday at major banks. The dollar exchange rate settled at EGP 17.78 for buying and EGP 17.88 for selling at the National Bank of Egypt. At Banque Misr, the ....
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Egypt's bourse indices show mixed performance
Date: 2018-09-18 14:28:15 GMT - Egypt - Economy - SN:15 - ID:7581758
The Egyptian Exchange (EGX) indexes showed mixed performance at the close of trading on Tuesday amid purchasing operations by Arab and local institutions and investment funds and selling operations by foreign investors. The market capital lost ....
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Preparations underway for visit by delegation of US Chamber of Commerce to Egypt in Oct.
Date: 2018-09-18 10:28:48 GMT - Egypt - Economy - SN:11 - ID:7581251
Minister of Military Production Mohamed Saeid el Assar, Communications Minister Amr Talaat and Trade Minister Amr Nassar met Tuesday with representatives of US companies operating in Egypt to prepare for a visit by a delegation of the US Chamber of ....
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Egypt purchases 31,500 tons of crude cooking oil
Date: 2018-09-13 17:43:16 GMT - Egypt - Economy - SN:7 - ID:7575194
Public Authority of Supply signed a contract after offering tenders to buy 31,500 tons of crude cooking oil. This comes within the Supply Ministry’s plan to provide a strategic stock of commodities. In statements, deputy head of the authority ....
