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Economy
- Service : English
- Category : Economy
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Dollar prices stable at major banks in Egypt
Date: 2018-07-12 12:28:26 GMT - Egypt - Economy - SN:8 - ID:7485380
The exchange rate of the US dollar was relatively stable during end of the week transactions at major banks on Thursday. 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 ....
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CBE: Annual inflation rate down to 10.9 percent in June
Date: 2018-07-10 12:26:55 GMT - Egypt - Economy - SN:10 - ID:7482118
Egypt's inflation rate plunged on a year-over-year basis to 10.9 percent in June against 11.1 percent in May, the Central Bank of Egypt said in a press release on Tuesday. On a month-over-month basis, the consumer price index stood at 1.6 percent ....
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Bourse loses EGP 14 bln, all indexes fall back
Date: 2018-07-08 14:10:57 GMT - Egypt - Economy - SN:6 - ID:7479086
The Egyptian Exchange indexes posted collective losses at the close of Sunday's trading, prompted by selling operations by domestic institutions and investment funds. The market capital lost EGP 14 billion to reach EGP 884.5 billion amid ....
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Dollar prices stable at Egypt's major banks
Date: 2018-07-05 12:14:30 GMT - Egypt - Economy - SN:10 - ID:7474691
The exchange rate of the US dollar was relatively stable during end of the week transactions at major banks on Thursday. 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 ....
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Fourth tranche of IMF loan to cover budget deficit - official
Date: 2018-07-05 11:50:20 GMT - Egypt - Economy - SN:8 - ID:7474620
The deputy finance minister for financial policies, Ahmed Kouchouk, said the fourth tranche of the International Monetary Fund (IMF) loan to Egypt will cover the state budget deficit. Egypt received on Friday the fourth tranche valued $2 billion ....
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Dollar exchange rate stable at major banks of Egypt
Date: 2018-07-03 13:03:42 GMT - Egypt - Economy - SN:11 - ID:7471519
The exchange rate of the US dollar was relatively stable during morning transactions at major banks on Tuesday. The dollar exchange rate stood at EGP 17.78 for buying and EGP 17.88 for selling at the National Bank of Egypt and Banque Misr. At ....
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IMF hails continuous economic improvement in Egypt
Date: 2018-07-03 07:02:56 GMT - USA - Economy - SN:2 - ID:7470687
The International Monetary Fund (IMF) has hailed the economic situation in Egypt thanks to economic reforms and measures taken by the government. Speaking following the IMF Executive Board discussion on Egypt, David Lipton, First Deputy Managing ....
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Finance Ministry to auction EGP 182 bln T-bonds in July
Date: 2018-07-01 12:46:29 GMT - Egypt - Economy - SN:7 - ID:7468279
The Finance Ministry said on Sunday it will auction treasury bonds at a total value of EGP 182 billion in July. In an online statement on Sunday, the ministry said it will sell 41.5, 41.5, 40.250, 42.750 billion pounds of 91, 182, 273, 364-day ....
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no increase in food prices after fuel hikes: Supply min.
Date: 2018-06-28 12:20:40 GMT - Egypt - Economy - SN:13 - ID:7464253
The Supply Ministry announced on Thursday that the prices of food commodities will not change after the latest rise in fuel prices, upon agreement with the Federation of Egyptian Industries (FEI) and the Federation of Egyptian Chambers of Commerce ....
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Min.: Egypt's commodity exports to Russia hit $ 284 mln in 2018 Q1
Date: 2018-06-28 10:32:17 GMT - Egypt - Economy - SN:11 - ID:7463932
The volume of Egypt's commodity exports to the Russian market in the first quarter of 2018 reached USD 284 million, with an increase of 41 % from the same period in 2017, Trade and Industry Minister Amr Nassar revealed on Thursday. Egypt's ....
