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Economy
- Service : English
- Category : Economy
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CBE: Foreign currency reserves up to $42.6 bn by end of March
Date: 2018-04-02 11:37:01 GMT - Egypt - Economy - SN:7 - ID:7329059
Foreign currency reserves hit a record high by the end of March, reaching 42.611 billion dollars, the Central Bank of Egypt said Monday. This is a 16.6-percent increase on reserves of February, which amounted to 42.524 billion dollars, the CBE ....
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Dollar price stable at Egypt's major banks
Date: 2018-04-01 10:47:12 GMT - Egypt - Economy - SN:3 - ID:7327171
The US dollar exchange rate was relatively stable at Egypt's major banks on Sunday. The dollar rate reached EGP 17.55 for buying and EGP 17.65 for selling at the National Bank of Egypt and Banque Misr. At Banque du Caire, the dollar exchange ....
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Bourse gains EGP 150 bln in first quarter of 2018
Date: 2018-03-30 15:31:59 GMT - Egypt - Economy - SN:14 - ID:7324797
The Egyptian Exchange (EGX) indexes posted collective gains at a total of EGP 150 billion in the first quarter of 2018. In a quarterly report, a copy of which obtained by MENA on Friday, the Egyptian bourse said the market capital reached EGP ....
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EGX gains EGP 10 bln in presidential election week - report
Date: 2018-03-30 11:08:18 GMT - Egypt - Economy - SN:2 - ID:7324358
The Egyptian Exchange (EGX) gained about EGP 10 billion over the past week amid large purchases by foreign investors, pushed by optimism about an economic breakthrough following the end of Egypt's presidential election. The market capital gained ....
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All EGX indexes up, benchmark rises 0.8 pct
Date: 2018-03-29 13:50:09 GMT - Egypt - Economy - SN:9 - ID:7323132
The Egyptian Exchange (EGX) indexes went up collectively at the close of Thursday's trading amid large purchases by investors after the losses reported over the past days. The market capital gained about EGP 6.1 billion, registering EGP 974.17 ....
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Dollar exchange rate stable at Egypt's major banks
Date: 2018-03-29 12:39:57 GMT - Egypt - Economy - SN:6 - ID:7322949
The US dollar exchange rate was relatively stable at Egypt's major banks on Thursday. The dollar rate reached EGP 17.55 for buying and EGP 17.65 for selling at the National Bank of Egypt. At the Arab African International Bank, the dollar rate ....
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Finance Ministry to issue treasury bonds at EGP 438.7 bn during 4th quarter of 2017/2018
Date: 2018-03-29 12:25:14 GMT - Egypt - Economy - SN:4 - ID:7322906
The Finance Ministry plans to issue treasury bonds worth EGP 438.750 billion during the fourth quarter (April-June) of the current fiscal year 2017/2018. In a statement on Thursday, the ministry said it will sell 91-day, 182-day, 273-day and ....
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PM: State budget to be referred to parl’t on Thursday
Date: 2018-03-28 19:16:11 GMT - Egypt - Economy - SN:27 - ID:7321452
The cabinet will refer the new state budget to the parliament on Thursday, Prime Minister Sherif Ismail said Wednesday. The new budget bodes well, as it includes major mega projects in housing, sewage, roads, oil, electricity, and health sectors, ....
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PM stresses importance of finishing plans to develop ports on time
Date: 2018-03-27 19:22:41 GMT - Egypt - Economy - SN:32 - ID:7319262
Prime Minister Sherif Ismail held Tuesday a meeting to follow up on the executive position of the plans to develop and secure sea and land ports across the country. A number of ministers and chairman of the Suez Canal authority attended the ....
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PM: We are keen on upgrading Egyptian ports
Date: 2018-03-27 15:25:53 GMT - Egypt - Economy - SN:23 - ID:7318916
Prime Minister Sherif Ismail on Tuesday chaired a meeting of the Supreme Council for Ports in its new form. Attending were Minister of Transport Hisham Arafat and Head of the Suez Canal Authority Mohab Mamish. Ismail asserted at the meeting ....
