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Economy
- Service : English
- Category : Economy
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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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Egypt's bourse loses EGP 1.9 billion
Date: 2018-05-20 18:37:54 GMT - Egypt - Economy - SN:11 - ID:7409602
Egypt's Exchange indices showed mixed performance at the end of trading on Sunday amid selling operations by foreign institutions and investment funds and purchases by Arab investors. The market capital lost EGP 1.9 billion to reach EGP 946.4 ....
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Dollar rate stable at major banks
Date: 2018-05-20 10:35:43 GMT - Egypt - Economy - SN:7 - ID:7408790
The US dollar exchange rate was stable at major banks on Sunday. The dollar rate stood at EGP 17.77 for buying and EGP 17.87 for selling at the National Bank of Egypt. At Banque du Caire and the Commercial International Bank (CIB), the dollar ....
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Albania seeks to promote economic, trade cooperation with Egypt - amb.
Date: 2018-05-20 08:14:51 GMT - Egypt - Economy - SN:4 - ID:7408572
Albanian Ambassador to Egypt Eduard Sulo stressed that his country seeks to promote economic and trade cooperation with Egypt. In an interview with MENA, the diplomat said the trade exchange between the two countries hit 22 million dollars last ....
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IMF staff reaches staff-level agreement on 3rd review for Egypt’s Extended Fund Facility
Date: 2018-05-18 09:10:47 GMT - Egypt - Economy - SN:4 - ID:7406320
The International Monetary Fund (IMF) staff team and the Egyptian authorities have reached a staff-level agreement on the third review of Egypt’s economic reform program, which is supported by the IMF’s SDR 8.597 billion (about $12 billion) ....
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Dollar exchange rate goes up and down at major Egyptian banks
Date: 2018-05-17 11:37:10 GMT - Egypt - Economy - SN:3 - ID:7405299
The US dollar exchange rate went up and down at major banks on Thursday. The dollar exchange rate went down by one piaster recording EGP 17.77 for buying and EGP 17.87 for selling at the National Bank of Egypt and Banque Misr. The dollar ....
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Bourse gains EGP 2.5bn
Date: 2018-05-15 13:49:20 GMT - Egypt - Economy - SN:16 - ID:7402376
The Egyptian Exchange indexes posted gains at the close of Tuesday's trading, backed by purchases by Arab and foreign institutions and investment funds. The market capital gained EGP 2.5 billion to reach EGP 954.2 billion amid transactions that ....
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Dollar exchange rate up at major Egyptian banks
Date: 2018-05-15 12:40:38 GMT - Egypt - Economy - SN:12 - ID:7402177
The US dollar exchange rate inched up at major banks on Tuesday. The dollar exchange rate went up by three piasters recording EGP 17.72 for buying and EGP 17.82 for selling at the National Bank of Egypt and Banque Misr. The dollar exchange ....
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EGP 1.8 billion earmarked for passenger transportation in 2018/2019 budget - ministry
Date: 2018-05-14 11:00:31 GMT - Egypt - Economy - SN:1 - ID:7399854
The Finance Ministry said 1.8 billion pounds were earmarked for passenger transportation in the 2018/2019 budget, up 89 million pounds from the previous budget. Out of the 1.8 billion pounds, 350 million pounds were allocated for discounted fairs ....
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53 ships transit Suez Canal
Date: 2018-05-09 14:00:54 GMT - Egypt - Economy - SN:11 - ID:7391985
Fifty-three ships transited the Suez Canal on Wednesday, with a total cargo of 3.9 million tons. The south-bound convoy included 26 vessels carrying 1.8 million tons, while the north-bound convoy included 27 ships laden with 2.1 million tons, ....
