Economy
- Service : English
- Category : Economy
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Banque Misr chairman says he was chosen as UAB deputy head unanimously
Date: 2018-04-30 11:56:34 GMT - Egypt - Economy - SN:13 - ID:7376920
Chairman of Banque Misr Mohamed el Etreby said that he was chosen as deputy head of the Union of Arab Banks (UAB) unanimously. Etreby told MENA on the sidelines of the second day of the UAB conference that Egypt plays a prominent role in the UAB ....
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Dollar price down at Egypt's major banks
Date: 2018-04-30 11:21:19 GMT - Egypt - Economy - SN:11 - ID:7376812
The US dollar exchange rate went down during morning transaction at major banks on Monday. The dollar price stood at EGP 17.57 for buying and EGP 17.67 for selling at the National Bank of Egypt. At Banque Misr, the dollar rate went back by one ....
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CBE governor back home from Washington
Date: 2018-04-27 10:37:25 GMT - Egypt - Economy - SN:9 - ID:7371852
CBE Governor Tarek Amer returned home on Friday after concluding a visit to Washington, where he led the Egyptian delegation to the Spring Meetings of the International Monetary Fund (IMF) and World Bank (WB). Amer took part in the meeting of the ....
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Egypt's non-petroleum exports record $6.3 bln in Q1 of 2017: min.
Date: 2018-04-27 10:33:00 GMT - Egypt - Economy - SN:8 - ID:7371849
Egypt’s non-petroleum exports have seen a remarkable increase of 15 percent year-on-year in the first quarter of 2018, Minister of Trade and Industry Tareq Qabil said in a statement Friday. The exports registered $6.3 billion in the first quarter ....
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Dollar rate stable at major banks
Date: 2018-04-26 11:34:11 GMT - Egypt - Economy - SN:13 - ID:7370413
The US dollar exchange rate was stable at major banks on Thursday. The dollar rate stood at EGP 17.57 for buying and EGP 17.67 for selling at the National Bank of Egypt and Banque Misr. At Banque du Caire and the Commercial International Bank ....
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EGX market cap exceeds EGP 1 trillion for 1st time
Date: 2018-04-26 09:47:48 GMT - Egypt - Economy - SN:9 - ID:7370182
For the first time in its history, the Egyptian Exchange (EGX) market cap exceeded EGP 1 trillion. EGX indexes collectively went up at the beginning of Thursday's trading amid purchase operations by investors. The market capital gained EGP ....
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Cabinet to consider rising local wheat buying price - minister
Date: 2018-04-25 10:00:52 GMT - Egypt - Economy - SN:7 - ID:7368812
Minister of Supply and Internal Trade Ali el Moselhi vowed on Tuesday that the cabinet will consider a recommendation presented by members of the parliament’s agriculture committee on increasing the local wheat buying price by EGP 20-50 per ....
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World Bank president praises economic reforms in Egypt
Date: 2018-04-24 16:18:12 GMT - Egypt - Economy - SN:30 - ID:7367992
World Bank President Jim Yong Kim lauded recent economic reforms in Egypt. "The country's progress presents an opportunity for more private sector-led job creation and growth and investments in quality education will equip young Egyptians with ....
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CBE: Banks close Wednesday on Sinai Liberation Day
Date: 2018-04-24 13:51:33 GMT - Egypt - Economy - SN:22 - ID:7367688
The Central Bank of Egypt (CBE) decided Tuesday that all banks will be on holiday on the occasion of Sinai Liberation Day. They will resume work on Thursday. ....
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Fahmy: We have for first time database for garbage
Date: 2018-04-24 12:41:34 GMT - Egypt - Economy - SN:19 - ID:7367440
Minister of Environment Khaled Fahmy on Tuesday said that his ministry has for the first time a database for the garbage problem in Egypt. The remark was made at the general session of the House of Representatives to answer questions by MPs on ....