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Economy
- Service : English
- Category : Economy
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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 ....
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Egypt's real GDP to grow by 5 pct in FY18 - WB
Date: 2018-04-17 07:09:27 GMT - USA - Economy - SN:4 - ID:7354560
The World Bank (WB) on Monday raised its forecast for the growth rate of the Egyptian economy to grow 5 percent in the 2017/2018 fiscal year from 4.9 percent in its latest report on the Middle East and North Africa. "As reform momentum is ....
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ILO: Egypt pioneer in economic development, proceeding on right track
Date: 2018-04-16 12:46:42 GMT - Egypt - Economy - SN:11 - ID:7353500
International Labor Organization (ILO) Cairo Office director Peter Van Rooij said Egypt has become one of the pioneering countries in economic development by its declaration of the 2030 Strategy. Rooji, speaking at the 4th annual conference of ....
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Trade minister: 69 percent rise in Egypt exports to South Africa in 2017
Date: 2018-04-16 11:31:45 GMT - Egypt - Economy - SN:8 - ID:7353236
Minister of Trade and Industry Tarek Qabil said the Egyptian commodity exports to South Africa reached dlrs 99 million in 2017 compared with dlrs 58.5 million in the year before, recording a 69 percent increase. In a report released by the ....
