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Economy
- Service : English
- Category : Economy
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Supply min. agrees with exchange companies on fixing daily dollar exchange rate
Date: 2016-03-21 09:10:01 GMT - Egypt - Economy - SN:4 - ID:4554125
Minister of Supply and Internal Trade Khalid Hanafi had a meeting Monday with the head and members of the general division of exchange firms at the Federation of Egyptian Chambers of Commerce (FEDCOC) to set a fixed dollar exchange rate on a daily ....
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World Bank in talks over MENA financing initiative
Date: 2016-03-20 07:47:27 GMT - USA - Economy - SN:1 - ID:4546385
The World Bank will hold soon an expanded meeting to discuss the bank's new initiative "MENA Financing Initiative" that aims at increasing financial support to the Middle East and North Africa region (MENA), a top bank official said on ....
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EGX gains EGP 7.1bn, index up 1.94 pct
Date: 2016-03-15 15:23:07 GMT - Egypt - Economy - SN:12 - ID:4517533
The Egyptian Exchange (EGX) indices closed up on Tuesday backed by purchase operations by Arab and foreign investors. The market capital gained about 7.1 billion pounds to close at 435.04 billion pounds after transactions worth over 2 million ....
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CBE to sell 1.5 bn dollar in exceptional auction Wednesday to cover importation operations
Date: 2016-03-15 12:14:19 GMT - Egypt - Economy - SN:7 - ID:4515473
Governor of the Central Bank of Egypt (CBE) Tarek Amer said the bank will sell dlrs 1.5 billion dollars in a new exceptional auction at a price of 8.85 LE per dollar on Wednesday. In statements to MENA on Tuesday, Amer said the new auction aims ....
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55 vessels cross Suez Canal
Date: 2016-03-15 11:28:31 GMT - Egypt - Economy - SN:5 - ID:4514865
Fifty-five ships transited the Suez Canal on Tuesday, with a total cargo of 2.4 million tons. The south-bound convoy included 31 vessels carrying 1.3 million tons, while the north-bound convoy included 24 ships carrying 1.1 million tons, ....
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41 vessels transit Suez Canal
Date: 2016-03-14 11:31:39 GMT - Egypt - Economy - SN:9 - ID:4507341
Forty-one ships, with a total cargo of 2.2 million tons, transited the Suez Canal on Monday. The north-bound convoy included 22 vessels carrying 1.4 million tons, while the south-bound convoy included 19 ships carrying 800,000 tons, according to ....
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WB invites supply min. to explain bread, subsidized goods in Washington in May
Date: 2016-03-14 10:42:03 GMT - Egypt - Economy - SN:8 - ID:4506781
The World Bank invited Minister of Supply and Internal Trade Khaled Hanafi to explain the successful Egyptian experiment in the systems of bread and subsidized goods during the annual meeting of the bank in Washington in May. This came during ....
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Egypt's central bank holds exceptional dlrs 200 million auction
Date: 2016-03-14 08:01:11 GMT - Egypt - Economy - SN:6 - ID:4505397
The Central Bank of Egypt (CBE) said it will sell 200 million dollars in an exceptional auction on Monday at a rate of 8.85 Egyptian pounds to the dollar, banking sources told MENA. The CBE offers three tenders to sell dollars to banks weekly, on ....
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Min.: Industry sector affected by shortage of foreign currency
Date: 2016-03-06 17:34:08 GMT - Egypt - Economy - SN:11 - ID:4456049
The shortfall of foreign currency has taken its toll on the industry sector and all other sectors as well, Trade and Industry Minister Tarek Qabil said on Sunday. In a statement to MENA, he said the Central Bank of Egypt (CBE) gives high ....
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43 ships transit Suez Canal
Date: 2016-03-06 12:08:57 GMT - Egypt - Economy - SN:9 - ID:4453325
Forty-three ships transited the Suez Canal on Sunday with a total cargo of 2.4 million tons. The south-bound convoy included 26 vessels carrying 1.2 million tons, while the north-bound convoy included 17 ships carrying 1.2 million tons, according ....
