Economy

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  • Category : Economy
  • Egypt seeks to collect EGP 1.4 trillion in taxes by 2022 - minister

    Egypt seeks to collect EGP 1.4 trillion in taxes by 2022 - minister

    Date: 2018-06-04 16:42:48 GMT - Egypt - Economy - SN:15 - ID:7430497

    Finance Minister Amr el Garhi said on Monday that the total tax proceeds the ministry seeks to collect in 2022 is EGP 1.4 trillion pounds. Addressing the parliament, Garhi said expected tax toll in the 2018/2019 fiscal year is estimated at 770 ....

  • Dollar rate relatively stable at major banks in Egypt

    Dollar rate relatively stable at major banks in Egypt

    Date: 2018-06-04 11:18:35 GMT - Egypt - Economy - SN:9 - ID:7429735

    The US dollar exchange rate was relatively stable at major banks on Monday. The dollar rate stood at EGP 17.80 for buying and EGP 17.90 for selling at the National Bank of Egypt and Banque Misr. The dollar exchange rate remained unchanged at ....

  • Bourse loses EGP 13.2 bln

    Bourse loses EGP 13.2 bln

    Date: 2018-05-31 14:01:53 GMT - Egypt - Economy - SN:3 - ID:7424811

    Egypt's Exchange indices went down collectively at the close of Thursday's trading session amid selling operations by domestic and Arab institutions. The market capital lost about EGP 13.2 billion to hit EGP 930.3 billion amid transactions that ....

  • Dollar price stable at major banks in Egypt

    Dollar price stable at major banks in Egypt

    Date: 2018-05-30 11:52:23 GMT - Egypt - Economy - SN:10 - ID:7423100

    The US dollar exchange rate was relatively stable at major banks on Wednesday. The dollar rate stood at EGP 17.80 for buying and EGP 17.90 for selling at the National Bank of Egypt. At Banque du Caire, the dollar was stable at EGP 17.87 for ....

  • Bourse gains EGP 3.7 bln at end of Tuesday trading

    Bourse gains EGP 3.7 bln at end of Tuesday trading

    Date: 2018-05-29 14:29:53 GMT - Egypt - Economy - SN:14 - ID:7421885

    The Egyptian Exchange indexes posted collective gains at the close of Tuesday's trading, backed by purchases by local and foreign institutions and investment funds. The market capital gained EGP 3.7 billion to reach EGP 954.2 billion, after ....

  • Bourse gains EGP 1.1 bln; all indexes up

    Bourse gains EGP 1.1 bln; all indexes up

    Date: 2018-05-28 12:52:43 GMT - Egypt - Economy - SN:14 - ID:7420218

    The Egyptian Exchange indexes posted collective gains at the close of Monday's trading, backed by purchases by local and foreign institutions and investment funds. The market capital gained EGP 1.1 billion to reach EGP 949.5 billion, after ....

  • Bourse indexes show mixed performance

    Bourse indexes show mixed performance

    Date: 2018-05-27 12:30:57 GMT - Egypt - Economy - SN:12 - ID:7418685

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of trading on Sunday amid purchases by foreign institutions and investment funds besides selling operations by Arab and Egyptians individuals. The market capital lost EGP ....

  • Suez Canal revenues up 13.4 pct in first 5 months of 2018 - Mamish

    Suez Canal revenues up 13.4 pct in first 5 months of 2018 - Mamish

    Date: 2018-05-26 16:41:56 GMT - Egypt - Economy - SN:2 - ID:7417747

    President Abdel Fattah El Sisi met on Saturday with Chairman of the Suez Canal Economic Zone Mohab Mamish, acting chief of the General Intelligence Service Abbas Kamel also attended the meeting. The Suez Canal revenues increased 13.4 percent ....

  • EGX gains EGP 200 mln over past week

    EGX gains EGP 200 mln over past week

    Date: 2018-05-25 10:06:25 GMT - Egypt - Economy - SN:7 - ID:7416018

    The Egyptian Exchange (EGX) indexes gained a total of EGP 200 million over the past week. In a weekly report, a copy of which was obtained by MENA on Friday, the EGX said the market capital increased to EGP 948.5 billion up from EGP 948.3 ....

  • Finance Ministry: Budget deficit reaches EGP 218bn in 7 months

    Finance Ministry: Budget deficit reaches EGP 218bn in 7 months

    Date: 2018-05-22 10:59:03 GMT - Egypt - Economy - SN:12 - ID:7411738

    The budget deficit has reached 218 billion pounds during the first half of 2017-2018, the Finance Ministry said in a report. This deficit makes up 5.1 percent of the total GDP, it noted. Revenues upped to 353.7 billion pounds from 273.2 ....

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