Economy
- Service : English
- Category : Economy
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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 ....
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Dollar price stable at major banks during morning trading
Date: 2018-04-24 12:17:21 GMT - Egypt - Economy - SN:16 - ID:7367364
The US dollar exchange rate was stable at major banks during morning trading on Tuesday. 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 Alexandria Bank and the Arab ....
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Egypt's economic reform program made progress: IMF official
Date: 2018-04-20 19:40:07 GMT - USA - Economy - SN:16 - ID:7361206
Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour said the Egyptian government's economic reform program has made progress and measures taken by Cairo were successful. During a press ....
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Trade exchange between Egypt, EU hits €28 bln in 2017
Date: 2018-04-20 11:46:52 GMT - Egypt - Economy - SN:5 - ID:7360478
The volume of trade exchange between Egypt and the EU countries registered €28 billion in 2017, up from €27.3 billion a year earlier, Minister of Trade and Industry Tareq Qabil said in a statement Friday. This increase was a result of the huge ....
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Dollar rate stable at major banks
Date: 2018-04-19 12:42:54 GMT - Egypt - Economy - SN:13 - ID:7358920
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 Abu Dhabi Islamic Bank, the rate ....
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Oil Minister confers with top officials of Shell, Edison companies
Date: 2018-04-19 11:30:03 GMT - Egypt - Economy - SN:10 - ID:7358733
Minister of Petroleum Tarek el Mullah on Thursday conferred with Deputy Chief Executive Officer (CEO) of Shell International Petroleum Company Sami Iskander and Chairman of Shell Egypt Company Gasser Hantar on the work schedule of a Mediterranean ....
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Garhy: New budget targets 5.8% economic growth, 9.7% unemployment rate
Date: 2018-04-19 10:31:31 GMT - USA - Economy - SN:7 - ID:7358577
Finance Minister Amr el Garhy said the International Monetary Fund (IMF) forecasts for Egypt's economic growth rate hit 5.2 percent in the current fiscal year, expecting the rate to reach 5.8 percent in the coming budget of the Egyptian ....
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Egypt owns needed criteria to be regional hub for oil, gas trading
Date: 2018-04-17 12:08:55 GMT - Egypt - Economy - SN:17 - ID:7355231
Petroleum Minister Tareq el Mulla asserted that, in addition to its unique strategic location, Egypt owns all criteria enabling it to be a regional hub for oil and gas trading, with the aim to make the best use of the resources available in the ....
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Tourism min. discusses means of boosting cooperation in tourism with Italy
Date: 2018-04-17 11:00:44 GMT - Egypt - Economy - SN:16 - ID:7355045
Minister of Tourism Rania al Mashaat on Tuesday stressed the strong ties between Egypt and Italy in various fields including the tourism sector. This came during the minister's meeting with Italian Ambassador to Egypt Giampaolo Cantini as they ....