Economy

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  • Dollar exchange rate stable at major banks in Egypt

    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 ....

  • Dollar exchange rate stable at major Egyptian banks

    Dollar exchange rate stable at major Egyptian banks

    Date: 2018-08-07 13:40:14 GMT - Egypt - Economy - SN:17 - ID:7523102

    The exchange rate of the US dollar was relatively stable during transactions on Tuesday 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 rate ....

  • WB: Egypt's economic indicators show marked improvement

    WB: Egypt's economic indicators show marked improvement

    Date: 2018-08-06 19:15:31 GMT - Egypt - Economy - SN:14 - ID:7522013

    The World Bank Vice President for Africa Hafez Ghanem stressed that Egypt witnessed a marked improvement in its economic indicators reflected by the increase in growth rates and cash reserves. This improvement qualifies the Egyptian market to ....

  • Bourse loses EGP 4.5 bln, all indexes fall back

    Bourse loses EGP 4.5 bln, all indexes fall back

    Date: 2018-08-06 18:43:02 GMT - Egypt - Economy - SN:13 - ID:7521990

    The Egyptian Exchange indexes posted collective losses at the close of Monday's trading, prompted by selling operations by Arab institutions and investment funds besides Egyptian investors. The market capital lost EGP 4.5 billion to reach EGP ....

  • Spokesman - Sisi, Amer probe economic reform program

    Spokesman - Sisi, Amer probe economic reform program

    Date: 2018-08-06 16:59:43 GMT - Egypt - Economy - SN:7 - ID:7521839

    President Abdel Fattah El Sisi's meeting with Central Bank of Egypt Governor Tarek Amer on Monday covered measures taken by the bank to help implement the economic reform program in Egypt and maintain financial and monetary stability, Presidency ....

  • Sisi hails cooperation with German firms on mega projects in Egypt

    Sisi hails cooperation with German firms on mega projects in Egypt

    Date: 2018-08-06 16:42:37 GMT - Egypt - Economy - SN:5 - ID:7521813

    President Abdel Fattah El Sisi met Monday with the Chairman of German Herrenknecht company Martin Herrenknecht in the presence of Transport Minister Hisham Arafat, Head of the Egyptian Armed Forces Engineering Authority Kamel el Wazir and assistant ....

  • IMF: Egypt overcame most difficult stage of economic reform

    IMF: Egypt overcame most difficult stage of economic reform

    Date: 2018-08-04 21:02:30 GMT - Egypt - Economy - SN:10 - ID:7518893

    Egypt has overcame the toughest phase in its economic reform program, International Monetary Fund (IMF) Executive Director Hazem Beblawi said, adding the next stage will be easier. On the sidelines of a reception held for participants in the ....

  • Dollar exchange rate down at major Egyptian banks

    Dollar exchange rate down at major Egyptian banks

    Date: 2018-08-01 11:11:31 GMT - Egypt - Economy - SN:4 - ID:7514104

    The exchange rate of the US dollar went back during morning transactions at major banks on Wednesday. The dollar exchange rate went back one piaster to stand d at EGP 17.77 for buying and EGP 17.87 for selling at Banque Misr. The rate stood at ....

  • British trade envoy hails economic reforms in Egypt

    British trade envoy hails economic reforms in Egypt

    Date: 2018-07-30 11:30:41 GMT - Egypt - Economy - SN:1 - ID:7511200

    British Trade Envoy to Egypt Jeffrey Donaldson hailed the economic reforms being carried out by the Egyptian government. During a meeting Monday with a number of Egyptian reporters on the fringe of his current visit to Cairo, he said Britain will ....

  • Finance min.: Political leadership 'backbone' of economic reform policies

    Finance min.: Political leadership 'backbone' of economic reform policies

    Date: 2018-07-27 18:14:06 GMT - Egypt - Economy - SN:5 - ID:7507714

    Finance Minister Mohamed Maait said that the political leadership fully backs economic reform policies aiming at restoring higher economic growth rates. In a statement on Friday, the finance minister said that President Abdel Fattah El Sisi ....

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