Economy
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- Category : Economy
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WB expects Egypt's growth rate to increase by 4.5% in FY 2017/2018
Date: 2017-10-12 07:47:34 GMT - USA - Economy - SN:1 - ID:7035233
The World Bank (WB) expected Egypt's economy to achieve a growth rate of 4.5 percent in the 2017/2018 fiscal year. In its Middle East and North Africa Economic Monitor report, the World Bank expected the growth rate to hit 5.3% in 2019, the same ....
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Finance min. heads for Washington to attend IMF, WBG annual meeting
Date: 2017-10-11 10:45:23 GMT - Egypt - Economy - SN:10 - ID:7033893
Finance Minister Amr El Garhy left Wednesday for Washington leading a high-level delegation to the annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG). Minister Garhy will meet a number of IMF officials, ....
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Dollar exchange rate stable at major banks in Egypt
Date: 2017-10-11 10:45:09 GMT - Egypt - Economy - SN:9 - ID:7033875
The US dollar exchange rate was relatively stable during morning transactions at major banks on Wednesday. The dollar exchange rate recorded EGP 17.60 for buying and EGP 17.70 for selling at the National Bank of Egypt, Banque Misr, the ....
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Egypt's annual inflation rate slumps to 33.26 pct in September: CBE
Date: 2017-10-10 17:26:47 GMT - Egypt - Economy - SN:27 - ID:7033178
Egypt's annual inflation rate recorded 33.26 percent in September, down from 34.86 percent in August, the Central Bank of Egypt (CBE) said in a Tuesday statement. The CBE noted that the monthly inflation rate declined to 0.19 percent in ....
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Finance min. heads for Washington to attend IMF, WBG annual meeting
Date: 2017-10-10 16:27:18 GMT - Egypt - Economy - SN:25 - ID:7033107
Finance Minister Amr el Garhy is due to leave Wednesday for Washington, leading a high-level delegation to the annual meeting of the International Monetary Fund (IMF) and the World Bank Group (WBG). Minister Garhy is to meet a number of IMF ....
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NBE ranked 1st among African banks in marketing joint loans: Bloomberg
Date: 2017-10-10 15:18:55 GMT - Egypt - Economy - SN:20 - ID:7032963
Bloomberg has classified the National Bank of Egypt (NBE) as the best among Egyptian and African banks in marketing and arranging joint loans and financing projects during the first three quarters of 2017. The market share of the NBE hit 16.6 ....
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Bourse loses EGP 4.9bn
Date: 2017-10-10 14:07:52 GMT - Egypt - Economy - SN:16 - ID:7032837
The Egyptian Exchange indexes posted collective losses at the close of Tuesday's trading, backed by selling by foreign institutions and investment funds. The market capital lost EGP 4.9 billion to reach EGP 771.6 billion, after transactions hit ....
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Dollar exchange rate stable at major banks in Egypt
Date: 2017-10-10 10:47:06 GMT - Egypt - Economy - SN:8 - ID:7032308
The US dollar exchange rate was relatively stable during morning transactions at major banks on Tuesday. The dollar exchange rate recorded EGP 17.60 for buying and EGP 17.70 for selling at the National Bank of Egypt, Banque Misr, the Commercial ....
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Dollar exchange rate stable at major banks
Date: 2017-10-09 11:04:58 GMT - Egypt - Economy - SN:4 - ID:7030488
The US dollar exchange rate was relatively stable during morning transactions at major banks on Monday. The dollar exchange rate recorded EGP 17.60 for buying and EGP 17.70 for selling at the National Bank of Egypt, the Commercial International ....
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CBE chief heads for Washington for IMF, WB meetings
Date: 2017-10-08 10:11:11 GMT - Egypt - Economy - SN:6 - ID:7028843
Governor of the Central Bank of Egypt Tarek Amer traveled Sunday for Washington on a three-day visit. While there, Amer will head Egypt's delegation at the annual meetings of the the International Monetary Fund and the World Bank to begin on ....