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Economy
- Service : English
- Category : Economy
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Egypt bourse gains EGP 61 bln in Q3
Date: 2017-09-29 10:27:18 GMT - Egypt - Economy - SN:5 - ID:7014947
The Egyptian bourse gained EGP 61.1 billion in the third quarter of 2017 as the market capital jumped 8.9 percent to 748.5 billion pounds, compared to 687.4 billion pounds in the previous quarter. The report said, the EGX 30 benchmark index went ....
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US dollar exchange rate stable at major banks
Date: 2017-09-28 12:12:31 GMT - Egypt - Economy - SN:16 - ID:7013444
The US dollar exchange rate was relatively stable during morning transactions at major banks on Thursday. The dollar exchange rate recorded EGP 17.61 for buying and EGP 17.71 for selling at the National Bank of Egypt. At the Commercial ....
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BADEA grants Egypt line of credit worth $50mln
Date: 2017-09-28 10:28:57 GMT - Egypt - Economy - SN:7 - ID:7013143
The Arab Bank for Economic Development in Africa (BADEA) has approved to grant Egypt a Line of credit (LOC), worth 500 million dollars during a meeting held Wednesday in Khartoum, the minister of investment and international cooperation said. In ....
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EGX indexes up, benchmark surges 0.2 pct
Date: 2017-09-26 16:54:16 GMT - Egypt - Economy - SN:28 - ID:7010782
The Egyptian Exchange (EGX) indexes went up collectively at the close of Tuesday's trading. The market capital recorded EGP 738.14 billion, after transactions hit EGP 1.37 billion. The EGX 30 benchmark index increased 0.22 percent, closing at ....
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IMF reform measures crucial to adjust financial situation, achieve social justice
Date: 2017-09-26 14:13:11 GMT - Egypt - Economy - SN:19 - ID:7010350
The International Monetary Fund (IMF) on Tuesday said economic reform measures adopted by the Egyptian government including setting new energy prices, are crucial to adjust the financial situation and achieve social justice. The IMF in a report ....
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Exchange rate stable at major Egyptian banks
Date: 2017-09-26 10:25:10 GMT - Egypt - Economy - SN:18 - ID:7009760
The US dollar exchange rate was relatively stable during morning transactions at major banks on Tuesday. The dollar exchange rate recorded EGP 17.63 for buying and EGP 17.73 for selling at the National Bank of Egypt and HSBC. At the ....
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Egypt, Gabon discuss possibility of cooperation in industry domain
Date: 2017-09-24 16:42:45 GMT - Egypt - Economy - SN:20 - ID:7007089
Trade and Industry Minister Tarek Qabil met on Sunday with a Gabonese delegation from the Gabon Special Economic Zone, headed by President of Olam International Ltd. Gagan Gupta . Both sides discussed joint cooperation between the private ....
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German KfW bank to loan Tunisia 100 million euros
Date: 2017-09-22 17:21:51 GMT - Tunisia - Economy - SN:34 - ID:7004208
The Tunisian Ministry of Development said on Friday that the German KfW Development Bank will provide Tunisia a loan of 100 million euros next week to finance projects in the sector of water, the Tunis Afrique Presse (TAP) news agency ....
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High-profile UK delegation to visit Egypt on Saturday
Date: 2017-09-22 16:29:40 GMT - United Kingdom - Economy - SN:27 - ID:7004120
A high-profile British trade delegation will visit Egypt on Saturday to discuss ways of boosting trade and investment between both countries. British trade envoy to Egypt Sir Jeffrey Donaldson will lead the delegation during the five-day visit to ....
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IKEA mulls pumping more investments into Egypt
Date: 2017-09-21 14:05:56 GMT - Egypt - Economy - SN:17 - ID:7002328
IKEA is mulling means of injecting more investments into Egypt in the coming period within the framework of expansion plans. Trade and Industry Minister Tarek Qabil reviewed on Thursday with IKEA manager in Egypt Adosh Sharma the company's ....
