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Economy
- Service : English
- Category : Economy
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FSA issues updated rules of Stock Exchange
Date: 2018-08-15 20:54:51 GMT - Egypt - Economy - SN:15 - ID:7535606
Head of the Financial Supervisory Authority (FSA) Mohamed Omran announced on Wednesday the issuance of the updated version of rules of registration and cancellation of securities on the Egyptian Stock Exchange. In a released statement by the ....
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All bourse indexes fall back
Date: 2018-08-15 15:05:04 GMT - Egypt - Economy - SN:6 - ID:7535154
The Egyptian Exchange indexes posted collective losses at the close of Wednesday's trading, prompted by selling operations by foreign institutions and investment funds. The market capital reached EGP 860.5 billion amid transactions that hit EGP ....
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Bourse loses EGP 7 bln, all indexes fall back
Date: 2018-08-14 16:02:48 GMT - Egypt - Economy - SN:21 - ID:7533621
The Egyptian Exchange indexes posted collective losses at the close of Tuesday's trading, prompted by selling operations by foreign institutions and investment funds besides Egyptian investors, in the wake of the crisis of several emerging markets ....
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Egypt's banks, bourse off for 4 days over Eid al-Adha
Date: 2018-08-14 08:41:32 GMT - Egypt - Economy - SN:6 - ID:7532625
The Egyptian bourse and all banks will have a four-day vacation as of next Monday, August 20, on the occasion of Eid al-Adha, the Central Bank of Egypt (CBE) said in a statement. Work will be resumed at both the bourse and all banks on Sunday, ....
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Reports on directing banks to freeze deposits for real estate tax baseless- CBE official
Date: 2018-08-09 21:03:23 GMT - Egypt - Economy - SN:14 - ID:7526844
Vice President of Council of State and legal adviser of the Central Bank of Egypt Tamer el Daqaq Thursday dismissed reports claiming that the banks were directed to freeze clients' deposits for the purpose of collecting real estate taxes. Social ....
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CBE: Annual inflation rate drops by 8.5% in July
Date: 2018-08-09 17:46:15 GMT - Egypt - Economy - SN:6 - ID:7526660
Egypt's inflation rate decreased by 8.5 percent on a year-over-year basis in July against 10.9 percent in June, the Central Bank of Egypt (CBE) said in a statement on Thursday. Egypt's urban consumer price stood at 0.6 percent in July against 1.6 ....
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Amer: First unified African central bank to be established by 2043
Date: 2018-08-09 17:16:03 GMT - Egypt - Economy - SN:4 - ID:7526629
Governor of the Central Bank of Egypt (CBE) Tarek Amer said on Thursday that the first unified African central bank will be established by 2043 with the issuance of a unified African currency. The move needs accord and a political will from the ....
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$120 bln inflows in economy after IMF deal- CBE governor
Date: 2018-08-08 21:01:21 GMT - Egypt - Economy - SN:14 - ID:7525305
The Egyptian economy had more than 120-billion-dollar inflows after the signing of the IMF deal at the end of 2016, Central Bank of Egypt (CBE) governor Tarek Amer said Wednesday. During a speech before the participants at a meeting of the ....
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New projects in East Port Said industrial zone: Mamish
Date: 2018-08-08 18:00:17 GMT - Egypt - Economy - SN:10 - ID:7525142
East Port Said industrial zone is to witness several new projects to be initiated once the ongoing soil improvement process is over, said Mohab Mamish, Chairman of the Suez Canal Special Economic Zone (SCZone) on Wednesday. The SCA ....
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Dollar exchange rate stable at major banks in Egypt
Date: 2018-08-08 11:54:30 GMT - Egypt - Economy - SN:4 - ID:7524508
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 and Banque Misr. At ....
