Economy

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  • Category : Economy
  • Nasr, Uber general manager discuss expanding company's activities across Egypt

    Nasr, Uber general manager discuss expanding company's activities across Egypt

    Date: 2017-11-06 13:20:24 GMT - Egypt - Economy - SN:9 - ID:7076717

    Investment and International Cooperation Minister had talks with Uber General Manager in Egypt Abdul Latif Waked on expanding the company's activities in governorates. This came on the sidelines of the World Youth Forum (WYF) that kicked off in ....

  • Dollar exchange rate stabile at Egypt's banks

    Dollar exchange rate stabile at Egypt's banks

    Date: 2017-11-06 10:51:27 GMT - Egypt - Economy - SN:2 - ID:7076927

    The US dollar exchange rate was relatively stable during morning transactions at major banks on Monday. The dollar exchange rate stood at EGP 17.60 for buying and EGP 17.70 for selling at the National Bank of Egypt, Banque Misr, Banque Du Caire ....

  • Trade minister, Greek amb. discuss means of cementing economic relations

    Trade minister, Greek amb. discuss means of cementing economic relations

    Date: 2017-11-04 10:37:08 GMT - Egypt - Economy - SN:8 - ID:7073827

    Minister of Trade and Industry Tareq Qabil discussed with Greek Ambassador to Egypt Michael-Christos Diamessis means of fostering economic relations, boosting trade exchange and increasing joint investments between Cairo and Athens in the coming ....

  • Nasr, Mamish probe plan to boost investment in SCzone

    Nasr, Mamish probe plan to boost investment in SCzone

    Date: 2017-11-04 09:16:23 GMT - Egypt - Economy - SN:4 - ID:7073658

    Investment and International Cooperation Minister Sahar Nasr discussed on Saturday with Suez Canal Authority Chairman Mohab Mamish a plan aimed at stimulating investment in the SCzone through removing hindrances facing investors. They tackled, ....

  • IMF official praises economic reforms in Egypt

    IMF official praises economic reforms in Egypt

    Date: 2017-11-03 11:49:31 GMT - Morocco - Economy - SN:8 - ID:7072672

    Head of the International Monetary Fund (IMF) Middle East and Central Asia Department Jihad Azour lauded the decision taken by the Central Bank of Egypt (CBE) to float the local currency in November 2016. In statements to MENA, he also commended ....

  • Egyptian economy equipped with all competitiveness potentials -- Minister

    Egyptian economy equipped with all competitiveness potentials -- Minister

    Date: 2017-11-03 08:53:59 GMT - Egypt - Economy - SN:6 - ID:7072351

    Trade Minister Tarek Qabil on Thursday stressed that the Egyptian economy has all potentials to compete with the global economies. Despite the challenges facing Egypt over the last period, the seen political and social achievements stressed that ....

  • All EGX indexes up, benchmark rises 0.29 pct

    All EGX indexes up, benchmark rises 0.29 pct

    Date: 2017-11-02 14:01:48 GMT - Egypt - Economy - SN:16 - ID:7071399

    The Egyptian Exchange (EGX) indexes went up collectively at the close of Thursday's trading, amid purchase operations by domestic institutions and investment funds and sale operations by Arab and foreign investors. The market capital gained about ....

  • First UK interest rate rise in 10 years

    First UK interest rate rise in 10 years

    Date: 2017-11-02 14:01:30 GMT - United Kingdom - Economy - SN:15 - ID:7071380

    For the first time in more than 10 years, the Bank of England has raised interest rates. The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007, the BBC reported on Thursday. The move reverses the cut in ....

  • Dollar exchange rate stable at major banks

    Dollar exchange rate stable at major banks

    Date: 2017-11-02 12:44:38 GMT - Egypt - Economy - SN:7 - ID:7071152

    The US dollar exchange rate was relatively stable during morning transactions at major banks on Thursday. The dollar exchange rate recorded EGP 17.60 for buying and EGP 17.70 for selling at the National Bank of Egypt, Banque Misr and the Arab ....

  • CBE: Egypt pays installment of $2bln loan to Libya

    CBE: Egypt pays installment of $2bln loan to Libya

    Date: 2017-11-02 11:52:52 GMT - Egypt - Economy - SN:4 - ID:7071051

    Egypt paid a 250-million-dollar installment of a loan Egypt obtained from Libya during the reign of former president Mohamed Morsi in 2013, Deputy Governor of the Central Bank of Egypt (CBE) Rami Abul Naga told MENA on Thursday. So Far, Egypt ....

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