Economy

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  • Dollar prices stable at Egypt's major banks

    Dollar prices stable at Egypt's major banks

    Date: 2018-06-28 10:26:08 GMT - Egypt - Economy - SN:10 - ID:7463915

    The exchange rate of the US dollar was relatively stable during morning transactions at major banks on Thursday. 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. ....

  • Gov't committed to program for floating shares of state-owned firms at EGX - min.

    Gov't committed to program for floating shares of state-owned firms at EGX - min.

    Date: 2018-06-28 10:02:10 GMT - Egypt - Economy - SN:8 - ID:7463853

    Finance Minister Mohamed Maait stressed the government's commitment to implementing a program for floating shares of state-owned companies at Egypt Exchange (EGX) soon. The ministry has taken all needed measures to start implementing the program ....

  • WB allocates dlrs 530 million for improving Egyptian public health system

    WB allocates dlrs 530 million for improving Egyptian public health system

    Date: 2018-06-28 08:47:20 GMT - USA - Economy - SN:4 - ID:7463696

    The World Bank announced on Thursday a new 530-million-dollar project to support Egypt’s national goal of improving public healthcare, including expanding family planning services, scaling up its groundbreaking Hepatitis C program, and supporting ....

  • Egyptian bourse loses EGP 12.3bn

    Egyptian bourse loses EGP 12.3bn

    Date: 2018-06-26 15:38:41 GMT - Egypt - Economy - SN:15 - ID:7461274

    The Egyptian Exchange indexes thudded down at the closing of Tuesday's trading session, amid selling operations by Arab and foreign investment funds and institutions. The market capital lost EGP 12.3 billion to reach EGP 902.7 billion amid ....

  • World Bank loan to support poverty reduction in China's Guangxi

    World Bank loan to support poverty reduction in China's Guangxi

    Date: 2018-06-25 11:35:03 GMT - China - Economy - SN:13 - ID:7458943

    The World Bank has approved a loan of 400 million U.S. dollars to help poverty reduction in southwest China's Guangxi Zhuang Autonomous Region, Xinhua reported. The bank gave the nod to the first Program-for-Results (PforR) poverty reduction ....

  • EGX shows mixed performance

    EGX shows mixed performance

    Date: 2018-06-20 15:15:51 GMT - Egypt - Economy - SN:6 - ID:7452069

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading, amid purchase operations by Arab and local institutions and investment funds, while sales prevailed in transactions of foreign investors. The market ....

  • Petroleum Ministry : production of Zohr Field to hit 1,750 billion cubic meters daily by August

    Petroleum Ministry : production of Zohr Field to hit 1,750 billion cubic meters daily by August

    Date: 2018-06-14 12:14:12 GMT - Egypt - Economy - SN:2 - ID:7444157

    The third unit of the gases treatment station in Zohr Field was operated ten days ahead of schedule, the Petroleum Ministry announced Thursday. The ministry said in a press statement that production at the offshore Zohr Field will hit 1,750 ....

  • Bourse loses EGP 15.5bn, index drops 2.3% at closing

    Bourse loses EGP 15.5bn, index drops 2.3% at closing

    Date: 2018-06-05 14:57:20 GMT - Egypt - Economy - SN:15 - ID:7431856

    Egypt's Exchange indices nosedived collectively at the close of Tuesday's trading session amid selling operations by domestic and Arab institutions. The market capital lost about EGP 15.5 billion to hit EGP 912.1 billion amid transactions that ....

  • EGX loses EGP 22 billion in morning session

    EGX loses EGP 22 billion in morning session

    Date: 2018-06-05 09:57:20 GMT - Egypt - Economy - SN:8 - ID:7431140

    Egypt's Exchange indices went down collectively during the morning trading session on Tuesday amid random sales by Arab and Egyptian investors and institutions. The market capital lost about EGP 22 billion to hit EGP 906 billion. Trading was ....

  • Bourse loses EGP 11.7bn

    Bourse loses EGP 11.7bn

    Date: 2018-06-04 18:28:33 GMT - Egypt - Economy - SN:18 - ID:7430591

    Egypt's Exchange indices went down collectively at the close of Monday's trading session amid selling operations by domestic and Arab institutions. The market capital lost about EGP 11.7 billion to hit EGP 927.6 billion amid transactions that hit ....

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