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Economy
- Service : English
- Category : Economy
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US companies plan to boost investments in Egypt: Ministry
Date: 2017-09-15 15:52:18 GMT - Egypt - Economy - SN:23 - ID:6992656
A number of US companies and banks working in Egypt are gearing up for pumping more investments in the country during the coming period, the Investment Ministry said in Friday’s statement. The announcement came during a meeting held between ....
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Mercedes-Benz agrees in principle to resume operations in Egypt: Mamish
Date: 2017-09-15 14:00:48 GMT - Egypt - Economy - SN:15 - ID:6992481
Negotiations with the German automobile company Mercedes-Benz to resume operations in Egypt have been successful, said Head of the Suez Canal Authority and the Chairman of the Suez Canal Economic Zone (SCzone) Mohab Mamish on Friday. Mamish and ....
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Egyptian exports to Belgium up by 25% in 1st half of 2017 - min.
Date: 2017-09-15 13:59:25 GMT - Egypt - Economy - SN:14 - ID:6992469
Minister of Trade and Industry Tariq Qabil said that Egypt's exports to Belgium increased by 25 percent during the first half of 2017, standing at 144 million euros against 115 million euros in 2016. Trade exchange between the two countries ....
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CBE ..Deposits in banks exceed EGP3 trillion in June
Date: 2017-09-12 15:51:59 GMT - Egypt - Economy - SN:12 - ID:6987593
The Central Bank of Egypt (CBE) announced Tuesday that the overall volume of deposits in banks increased in June by EGP 67 billion to reach EGP3.04 trillion, compared to EGP2.973 trillion in May . The overall governmental deposits have increased, ....
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Petroleum minister discusses with ARAMCO beefing up cooperation
Date: 2017-09-11 13:06:07 GMT - Egypt - Economy - SN:8 - ID:6985153
Minister of Petroleum and Mineral Wealth Tarek al Mullah conferred on Monday with Chief Executive Officer of Saudi Aramco Products Trading Company Ibrahim Jassin Abul Enien, currently visiting here, on means of boosting cooperation between the two ....
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New wave of UK investment boosting Egypt's economic reform - ambassador
Date: 2017-09-11 11:04:06 GMT - Egypt - Economy - SN:3 - ID:6984556
UK Ambassador in Cairo John Casson said Sunday a new wave of his country's investment is boosting Egypt's economic reform with the most needed things, as new jobs, exports, and skills. "Three years ago, we planted the seed. Today SWES opens a ....
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Chinese company to establish automotive factory in Egypt
Date: 2017-09-09 10:48:56 GMT - Egypt - Economy - SN:3 - ID:6981757
A Chinese company has decided to establish a factory to produce trucks and minibuses in Egypt. FAW, in cooperation with its agent in Egypt Geyushi Motors, will build the factory in the 10th of Ramadan City, said Trade and Industry Minister Tareq ....
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Presidential decree approving AFDB loan to support economic program
Date: 2017-09-07 09:05:57 GMT - Egypt - Economy - SN:8 - ID:6978613
A presidential decree was published in the gazette on Thursday, approving a loan agreement between Egypt and the African Development Bank (AFDB). The dlrs 500 million loan will bankroll the second stage of a program for economic governance and ....
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Egypt's foreign currency reserves rise by $107m by end of August: CBE
Date: 2017-09-06 14:52:35 GMT - Egypt - Economy - SN:16 - ID:6977854
Egypt's foreign currency reserves jumped by $107 million at the end of August to $36.143 billion, the Central Bank of Egypt (CBE) said in a Wednesday statement. By the end of July, the country's foreign reserves registered $36.036 billion. ....
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Dollar exchange rate stable at major banks in Egypt
Date: 2017-09-06 10:48:55 GMT - Egypt - Economy - SN:13 - ID:6977342
The US dollar exchange rate was relatively stable during morning transactions at major banks on Wednesday after a relative decline over the past two weeks. The dollar exchange rate recorded EGP 17.63 for buying and 17.73 for selling at the ....
