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Economy
- Service : English
- Category : Economy
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Egypt's bourse index sets new record during morning trading
Date: 2017-07-13 10:20:54 GMT - Egypt - Economy - SN:1 - ID:6895654
The Egyptian Exchange (EGX) index set on Thursday a new record high of 13,850 points during morning trading. Brokers told MENA that the EGX 30 benchmark index rose 1.2 percent backed by strong purchases by Arab and foreign institutions of shares ....
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Dollar exchange rate stable at major banks
Date: 2017-07-12 10:16:41 GMT - Egypt - Economy - SN:6 - ID:6893882
The exchange rate of the US dollar was relatively stable during morning transactions at major banks on Wednesday. The dollar exchange rate stood at EGP 17.82 for buying and EGP 17.92 for selling at the National Bank of Egypt. At the ....
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Dollar exchange rate stable at major banks
Date: 2017-07-10 11:19:52 GMT - Egypt - Economy - SN:6 - ID:6890499
The exchange rate of the US dollar was relatively stable during morning transactions at major banks on Monday. The dollar exchange rate stood at EGP 17.82 for buying and EGP 17.92 for selling at the National Bank of Egypt. At the Commercial ....
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CAPMAS: Inflation rate up 31 percent in 1st half of 2017
Date: 2017-07-10 09:32:12 GMT - Egypt - Economy - SN:4 - ID:6890221
Egypt's inflation rate from January to June 2017 upped 31 percent compared to the same period of the previous year, the Central Agency for Public Mobilization and Statistics (CAPMAS) said. In a monthly bulletin a copy of which MENA received, the ....
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Egypt's central bank raises interest rate by 2 percent
Date: 2017-07-07 08:39:56 GMT - Egypt - Economy - SN:4 - ID:6885485
The Central Bank of Egypt (CBE) decided to raise the overnight deposit rate and overnight lending rate 200 basis points to 18.75 and 19.75 percent respectively. It also decided to raise the CBE main operation and the discount rate by 200 basis ....
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Investment min. takes part in Crans Montana Forum
Date: 2017-07-06 10:01:27 GMT - Egypt - Economy - SN:4 - ID:6884106
Investment and International Cooperation Minister Sahar Nasr started on Thursday a visit to Barcelona, Spain, to take part in the Crans Montana Forum, which kicked off on Wednesday. The four-day event is attended by 600 heads of state, prime ....
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Egyptian-Hungarian business forum to be held during Sisi's visit-- minister
Date: 2017-06-30 09:41:27 GMT - Egypt - Economy - SN:6 - ID:6874204
An Egyptian-Hungarian business forum will be held during President Abdel Fattah El Sisi's anticipated visit to Budapest, Minister of Trade and Industry Tarek kabil said in a statement Friday. The forum will be attended by a raft of Egyptian and ....
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Shell plans more production in Egypt -- minister
Date: 2017-06-21 09:13:52 GMT - Egypt - Economy - SN:3 - ID:6863820
Royal Dutch Shell plans to increase its production in the Western Desert and in Rosetta on the Mediterranean Sea in the coming period, said Egypt's Petroleum Minister Tareq el Molla. The world giant's plans in Egypt were discussed by Sami ....
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Manpower minister opens employment fair on Tuesday
Date: 2017-05-13 10:21:24 GMT - Egypt - Economy - SN:5 - ID:6809034
Manpower Minister Mohamed Safaan , along with Sharqiyah Governor Khaled Saeed, will inaugurate on Tuesday an employment fair in Faqous town. As many as 40 companies will take part in the event that aim at creating 3,500 job opportunities in the ....
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323 companies set up in week -- Investment Ministry
Date: 2017-05-12 10:42:30 GMT - Egypt - Economy - SN:6 - ID:6807977
As many as 323 new companies were incorporated this week, the Ministry of Investment and International Cooperation said on Thursday. The total issued capital of the new companies is worth EGP 429.6 million, the ministry said. The new companies ....
