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Economy
- Service : English
- Category : Economy
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Vast potential for Egypt exports to Africa, Eastern Europe Latin America, says official
Date: 2017-09-19 12:38:43 GMT - Egypt - Economy - SN:2 - ID:6998913
Chairman of the Egyptian Exports Association Khaled el Mekati said on Tuesday that there is vast potential for increasing the volume of Egyptian exports in various sectors, topped by engineering industries, textiles and food ....
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CBE governor to Bloomberg: Egypt economy responding very nicely to reform
Date: 2017-09-18 12:06:54 GMT - Egypt - Economy - SN:18 - ID:6996880
Egyptian Central Bank Governor Tarek Amer said the economy was responding “very, very nicely” to the reform measures. Gross domestic product accelerated to 4.9 percent in the fourth quarter of the fiscal year that ended June 30, from 4.3 ....
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Banque Misr inks MoU with China Development Bank to vary financing resources of Egyptian-Chinese projects
Date: 2017-09-18 11:10:43 GMT - Egypt - Economy - SN:13 - ID:6996715
Deputy Chairman of Banque Misr Akef el Maghraby and Deputy Chairman of China Development Bank Wang Yongsheng inked a memorandum of understanding to get a loan from China Development Bank in the presence of Chinese Ambassador Song Aiguo. The MoU ....
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EGX makes slight gains, benchmark index up 0.01%
Date: 2017-09-17 14:01:31 GMT - Egypt - Economy - SN:20 - ID:6995589
The Egyptian Exchange (EGX) made slight gains at the end of trading Sunday backed by purchase operations by local funds and foreign investors. The EGX 30 benchmark index upped by 0.01 percent to reach 13,612.51 points. The broader EGX 70 ....
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Trade ministry, Siemens sign MoU on digital transformation
Date: 2017-09-17 13:39:53 GMT - Egypt - Economy - SN:15 - ID:6995408
The Trade Ministry and Siemens Egypt company have signed a MoU in the field upgrading the local industry and support digital transformation. The MoU aims at undertaking a number of technological development and transfer processes along with ....
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Dollar exchange rate stable at major banks
Date: 2017-09-17 10:56:39 GMT - Egypt - Economy - SN:9 - ID:6995034
The US dollar exchange rate was relatively stable during morning transactions at major banks on Sunday. The dollar exchange rate recorded EGP 17.63 for buying and 17.73 for selling at the National Bank of Egypt and the Commercial International ....
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Egypt is one of largest wheat consuming countries worldwide - minister
Date: 2017-09-17 09:54:28 GMT - Egypt - Economy - SN:6 - ID:6994898
Supply Minister Ali Moselhi on Saturday said Egypt is one of the largest wheat consuming countries worldwide. In a televised interview, the minster added that the country produces about 45% percent of its wheat consumption. Egypt imports six ....
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Sisi directs to continue implementing economic growth program
Date: 2017-09-16 14:26:57 GMT - Egypt - Economy - SN:15 - ID:6993923
President Abdel Fattah El Sisi issued directives to continue implementing the sustainable economic growth program in a way that contributes to improving economic conditions and people's living conditions . Sisi made the remarks during a meeting ....
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GACIC secretary general: Egypt is on right track
Date: 2017-09-16 13:57:45 GMT - Germany - Economy - SN:13 - ID:6993873
The Secretary General of the German-Arab Chamber of Industry and Commerce (GACIC) Abdel Aziz al Mekhlafi stressed that Egypt is on the right track . He further underlined that Germany is keen on bolstering cooperation with Egypt and boosting ....
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Egypt's non-petroleum exports up to $13.8bn in 8 months
Date: 2017-09-16 09:53:15 GMT - Egypt - Economy - SN:9 - ID:6993296
Egypt's non-petroleum exports increased by about 9.3 percent in the period between January and August 2017 to record 13.889 billion dollars, compared to 12.698 billion during the same period in 2016. A report by the General Organization for ....
