Economy
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- Category : Economy
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Egyptian bourse loses over EGP 20 bln at start of trading session
Date: 2018-02-06 08:52:47 GMT - Egypt - Economy - SN:7 - ID:7230132
The Egyptian Exchange indexes thudded down at the beginning of Tuesday's trading session over a drop in the US bourse in the weekend. The market capital lost EGP 20.5 billion to reach EGP 853.7 billion. The EGX 30 benchmark index hurtled down ....
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Bourse recovers, gains EGP 5.1 billion; all indexes up
Date: 2018-02-05 13:42:19 GMT - Egypt - Economy - SN:18 - ID:7229115
The Egyptian Exchange indexes recovered and posted collective gains at the close of Monday's trading, backed by purchases by Arab and foreign institutions and investment funds, surpassing a drop in the US bourse over the past weekend. The market ....
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Egypt, Kuwait discuss developing petroleum cooperation
Date: 2018-02-05 12:13:07 GMT - Egypt - Economy - SN:9 - ID:7228829
Petroleum Minister Tarek el Molla discussed on Monday with interim board chairman of Kuwait Energy company Abby Badwi the activities of the company in concession areas and spheres for developing cooperation in oil and natural gas exploration. In ....
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CBE: Egyptian banks' hard currency toll hits 5.6 billion dollars in January
Date: 2018-02-05 10:50:48 GMT - Egypt - Economy - SN:6 - ID:7228546
The Egyptian banking sector's toll of hard currency hit 5.6 billion dollars in January, recording a 1.5-billion-dollar increase compared with December, deputy governor of the Central Bank of Egypt Rami Abul Naga told MENA late on Sunday. He said ....
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Dollar exchange rate stable at Egypt's major banks
Date: 2018-02-05 10:26:10 GMT - Egypt - Economy - SN:2 - ID:7228489
The US dollar exchange rate was relatively stable during morning transactions at major banks Monday. The dollar price reached EGP 17.62 for buying and 17.72 for selling at the National Bank of Greece and Banque Misr. At the Commercial ....
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Parliament secretary: Third Investment Forum opportunity for promoting economic reform
Date: 2018-02-04 10:46:18 GMT - Egypt - Economy - SN:2 - ID:7226610
Parliament Social Affairs Committee Secretary Mohammad Abdel Hamid said Egypt's hosting of the Third Investment Forum under the auspices of President Abdel Fattah El Sisi is a good opportunity for promoting the new investment law and recent economic ....
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Finance Ministry to auction EGP 132.5 bln T-bills in Feb.
Date: 2018-02-01 12:36:23 GMT - Egypt - Economy - SN:14 - ID:7222067
The Finance Ministry plans to auction treasury bills at a total value of EGP 132.5 billion during February. In a statement on Thursday, the ministry said that it will sell 91-day, 182-day, 273-day and 364-day T-bills at 28.750, 28.750, 32.750 ....
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Dollar exchange stable at Egypt's major banks
Date: 2018-02-01 11:28:40 GMT - Egypt - Economy - SN:11 - ID:7221993
The US dollar exchange rate was relatively stable during morning transactions at major banks on Thursday. The dollar price reached EGP 17.63 for buying and 17.73 for selling at the National Bank of Egypt, Banque Du Caire, Al Ahli Bank of Kuwait ....
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Dollar price stable at major banks
Date: 2018-01-31 12:01:25 GMT - Egypt - Economy - SN:10 - ID:7220287
The US dollar exchange rate was relatively stable during morning transactions at major banks on Wednesday. The dollar price reached EGP 17.63 for buying and 17.73 for selling at the National Bank of Egypt, Banque Du Caire and Al Ahli Bank of ....
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Bourse indexes show varied performance
Date: 2018-01-30 15:03:20 GMT - Egypt - Economy - SN:24 - ID:7218765
The Egyptian Exchange indices showed varied performance at the close of Tuesday’s trading. The market capital reached EGP 870.5 billion, after transactions hit EGP 1.4 billion. The EGX 30 benchmark index went down by 0.35 percent to close at ....