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Economy
- Service : English
- Category : Economy
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Dollar down against pound after Eidul Adha
Date: 2017-09-05 13:14:22 GMT - Egypt - Economy - SN:16 - ID:6975978
The exchange rate of the US dollar dropped during morning transactions at major banks on Tuesday. The dollar exchange rate dropped to EGP 17.63 for buying and 17.73 for selling at the National Bank of Egypt. At the Commercial International ....
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Qabil to visit European Commission soon to discuss enhancing economic ties
Date: 2017-09-04 11:01:08 GMT - Egypt - Economy - SN:10 - ID:6974300
Trade and Industry Minister Tareq Qabil is set to visit the European Commission in Brussels in the near future to discuss means of boosting trade and economic relations between the EU and Egypt. The EU is one of the most important trade partners ....
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Price of ton of sugar reduced by EGP 500: min.
Date: 2017-08-31 09:05:19 GMT - Egypt - Economy - SN:2 - ID:6970174
Supply Minister Ali Meselhi decided on Thursday to reduce the price of a ton of sugar by EGP 500, bringing down the market price of the kilo to EGP 9.50. The decision will go into effect as of Friday, the first day of Eidul Adha. Mesehli also ....
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EGX shuts on mixed note, benchmark up 1.4%
Date: 2017-08-29 13:36:11 GMT - Egypt - Economy - SN:20 - ID:6967771
The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Tuesday's trading. The market capital gained about EGP 5.4 billion, reaching EGP 699.3 billion. The EGX 30 benchmark index upped 1.4 percent, closing at 13,195.34 ....
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Finance Ministry brings down customs dollar exchange rate to EGP 16
Date: 2017-08-28 12:18:17 GMT - Egypt - Economy - SN:6 - ID:6965746
The Finance Ministry decided on Monday to inch down the customs dollar exchange rate at EGP 16. This is the second consecutive reduction of the customs dollar after it has been fixed for four months. The customs dollar is the price by which ....
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EGPC seals oil exploration deals worth $79m with Apache Corporation, Merlon Int'l
Date: 2017-08-26 11:39:51 GMT - Egypt - Economy - SN:10 - ID:6962704
The Egyptian General Petroleum Corporation (EGPC) has sealed three deals with Merlon International and Apache Corporation to explore for oil and gas in Egypt's western desert. Petroleum Minister Tareq el Molla signed the three agreements worth ....
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Investment min., SCA head visit new Singaporean port
Date: 2017-08-26 11:32:56 GMT - Egypt - Economy - SN:8 - ID:6962691
Investment Minister Sahar Nasr and chairman of the Suez Canal Authority Mohab Mamish visited a new port established by PSA Singapore. A statement by the Investment Ministry said Nasr and Mamish, currently on a visit to Singapore, met with ....
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EGPC seals oil exploration deals worth $79m with Apache Corporation, Merlon Int'l
Date: 2017-08-26 09:56:49 GMT - Egypt - Economy - SN:2 - ID:6962448
The Egyptian General Petroleum Corporation (EGPC) has sealed three deals with Merlon International and Apache Corporation to explore for oil and gas in Egypt's western desert. Petroleum Minister Tareq el Molla signed the three agreements worth ....
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Egypt's bourse loses EGP 8.5bln in week
Date: 2017-08-25 10:15:33 GMT - Egypt - Economy - SN:7 - ID:6961243
The Egyptian Exchange closed this week with losses amounting to EGP 8.5 billion. The market capital hit EGP 689 billion compared to EGP 697.5 billion in the previous week. During the course of the week, the benchmark index EGX 30 went down by ....
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Mulla, ENGIE CEO discuss investment opportunities in Egypt
Date: 2017-08-25 10:04:28 GMT - Egypt - Economy - SN:1 - ID:6961223
Petroleum Minister Tareq Mulla discussed on Friday with ENGIE CEO Philip Olivier the activities of the French multinational company in Egypt, especially in the filed of liquefied natural gas. Mulla pointed out to the deep and distinguished ....
