Economy

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  • Category : Economy
  • Egypt's real GDP to grow by 5 pct in FY18 - WB

    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 ....

  • ILO: Egypt pioneer in economic development, proceeding on right track

    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 ....

  • Trade minister: 69 percent rise in Egypt exports to South Africa in 2017

    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 ....

  • Dollar price up at major Egyptian banks

    Dollar price up at major Egyptian banks

    Date: 2018-04-16 11:28:10 GMT - Egypt - Economy - SN:7 - ID:7353218

    The US dollar exchange rate went up at major banks on Monday. The dollar price was stable recording EGP 17.57 for buying and EGP 17.67 for selling at the National Bank of Egypt and Banque Misr. The dollar exchange rate went up by two piasters ....

  • Financial statement of 2018/2019 budget mirrors State's political, economic directives - min.

    Financial statement of 2018/2019 budget mirrors State's political, economic directives - min.

    Date: 2018-04-15 11:41:09 GMT - Egypt - Economy - SN:12 - ID:7351264

    Finance Minister Amr el Garhi stressed on Sunday that economic indicators in the financial statement of the 2018/2019 budget reflects the political and economic directives of the State. Addressing the House of Representatives, the minister ....

  • Dollar price stable at major banks

    Dollar price stable at major banks

    Date: 2018-04-15 10:59:15 GMT - Egypt - Economy - SN:7 - ID:7351122

    The US dollar exchange rate was stable at major banks on Sunday. The dollar rate stood at EGP 17.57 for buying and EGP 17.67 for selling at the National Bank of Egypt. At Banque Misr, the dollar price inched down one piaster to record EGP ....

  • Justice minister: Judicial guarantees protect investment

    Justice minister: Judicial guarantees protect investment

    Date: 2018-04-15 10:39:42 GMT - Egypt - Economy - SN:6 - ID:7351063

    Justice Minister Hossam Abel Rehim asserted that investments can be protected and enhanced through specific judicial guarantees and clear strategies outlined by the state to propel the investment climate. Addressing a conference under the name of ....

  • Visits between Egyptian, Portuguese leaders vital for boosting economic ties- minister

    Visits between Egyptian, Portuguese leaders vital for boosting economic ties- minister

    Date: 2018-04-12 17:15:25 GMT - Egypt - Economy - SN:21 - ID:7347011

    Portuguese President Marcelo Rebelo de Sousa’s visit to Egypt and the recent visit by his Egyptian counterpart Abdel Fattah El Sisi to Portugal represent a cornerstone in ties between the two countries, Trade and Industry Minister Tarek Qabil said ....

  • Dollar rate stable at major banks

    Dollar rate stable at major banks

    Date: 2018-04-12 13:34:43 GMT - Egypt - Economy - SN:18 - ID:7346594

    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, the rate registered EGP 17.62 for ....

  • Dollar rate stable at major banks

    Dollar rate stable at major banks

    Date: 2018-04-12 11:28:14 GMT - Egypt - Economy - SN:7 - ID:7346230

    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, the rate registered EGP 17.62 for ....

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