Economy

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  • Dollar exchange stable at Egypt's major banks

    Dollar exchange stable at Egypt's major banks

    Date: 2017-12-25 09:55:44 GMT - Egypt - Economy - SN:2 - ID:7158024

    The US dollar exchange rate was relatively stable during morning transactions at major banks on Monday. The dollar exchange rate stood at EGP 17.70 for buying and EGP 17.80 for selling at Banque Misr. The dollar exchange rate was stable at EGP ....

  • Bourse loses EGP 1.6 bn, indexes show mixed performance

    Bourse loses EGP 1.6 bn, indexes show mixed performance

    Date: 2017-12-24 13:45:06 GMT - Egypt - Economy - SN:10 - ID:7157032

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading. The market capital lost EGP 1.6 billion to reach EGP 813.8 billion, after transactions hit EGP 387 million. The EGX 30 benchmark index went up by ....

  • Investment min. Misr Al Kheir to develop Sohag village

    Investment min. Misr Al Kheir to develop Sohag village

    Date: 2017-12-24 10:59:28 GMT - Egypt - Economy - SN:4 - ID:7156539

    Minister of Investment and International Cooperation Dr Sahar Nasr and Head of the Board of Trustees of Misr Al Kheir Foundation Dr Ali Gomaa Sunday signed a cooperation protocol to develop Sheikh Zeineddin village in Tahta, Sohag worth EGP 17.6 ....

  • Sisi sends messages to Mercosur leaders on relations

    Sisi sends messages to Mercosur leaders on relations

    Date: 2017-12-23 11:31:25 GMT - Egypt - Economy - SN:8 - ID:7155095

    President Abdel Fattah El Sisi on Saturday sent messages to the presidents of Argentina, Uruguay and Paraguay. The messages were conveyed by Minister of Trade and Industry Tarek kabil during his participation in the Mercosur summit, which wounded ....

  • Dollar exchange stable at Egypt's major banks

    Dollar exchange stable at Egypt's major banks

    Date: 2017-12-21 13:18:17 GMT - Egypt - Economy - SN:10 - ID:7152450

    The US dollar exchange rate was relatively stable during morning transactions at major banks on Thursday. The dollar exchange rate stood at EGP 17.70 for buying and EGP 17.80 for selling at Banque Misr . The dollar exchange rate was stable at ....

  • IMF official: Egypt reform program yields

    IMF official: Egypt reform program yields "encouraging results"

    Date: 2017-12-21 08:12:37 GMT - USA - Economy - SN:4 - ID:7151610

    First Deputy Managing Director and Acting Chair of the International Monetary Fund David Lipton has said Egypt is yielding encouraging results, noting that Cairo economy is showing welcome signs of stabilization with GDP growth recovering, inflation ....

  • IMF to discuss extending new tranche of dlrs 2 billion to Egypt

    IMF to discuss extending new tranche of dlrs 2 billion to Egypt

    Date: 2017-12-19 10:51:51 GMT - USA - Economy - SN:5 - ID:7148320

    The Executive Board of the International Monetary Fund (IMF) is scheduled to hold a meeting on Wednesday in the United States capital, Washington, to discuss disbursing Egypt the first tranche of the second payment of the dlrs 12 billion loan, ....

  • Egypt's agricultural exports hit dlrs 1.9 billion in 11 months

    Egypt's agricultural exports hit dlrs 1.9 billion in 11 months

    Date: 2017-12-18 11:17:00 GMT - Egypt - Economy - SN:18 - ID:7146109

    Egypt's agricultural exports increased by 3.4 percent to hit 1.9 billion dollars from January to November of 2017 compared with the corresponding period of 2016, according to the Agricultural Exports Council on Monday. In statements to MENA, head ....

  • Dollar exchange stable at Egypt's major banks

    Dollar exchange stable at Egypt's major banks

    Date: 2017-12-18 11:08:43 GMT - Egypt - Economy - SN:14 - ID:7146218

    The US dollar exchange rate was relatively stable during morning transactions at major banks on Monday. The dollar exchange rate stood at EGP 17.69 for buying and EGP 17.79 for selling at the National Bank of Egypt and Banque Misr. The dollar ....

  • Finance Ministry auctioned T-bonds worth EGP 13.2bn

    Finance Ministry auctioned T-bonds worth EGP 13.2bn

    Date: 2017-12-17 16:04:21 GMT - Egypt - Economy - SN:21 - ID:7145310

    The Finance Ministry issued treasury bonds at a total value of 13.250 billion pounds on Sunday. The Ministry said via its official website, that it sold EGP 6.5 billion of 91-days maturity bonds with an average yield of 18.919 %. It also sold ....

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