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Economy
- Service : English
- Category : Economy
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CBE fixes US dollar price to banks at 7.73 pounds
Date: 2015-12-10 13:54:57 GMT - Egypt - Economy - SN:1 - ID:3901901
The Central Bank of Egypt (CBE) stabilized the sale price of the US dollar at 7.73 pounds during an auction on Thursday. The CBE offered 40 million dollars in the periodic auction to banks for an exchange rate of 7.73 pounds, a statement issued ....
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52 vessels transit Suez Canal
Date: 2015-12-09 13:28:18 GMT - Egypt - Economy - SN:10 - ID:3894253
As many as 52 ships transited the Suez Canal in both directions on Wednesday, carrying a total cargo of 2.643 million tons. The south-bound convoy included 30 vessels, carrying 1.377 million tons, while the north-bound convoy included 22 ships, ....
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EGX loses EGP 9.4bn
Date: 2015-12-08 15:29:21 GMT - Egypt - Economy - SN:12 - ID:3887645
The Egyptian Exchange (EGX) indexes were all down at the close of trading Tuesday on the back of profit making operations. The market capital lost about 9.4 billion pounds. The main benchmark EGX 30 index went down by 2.51 percent reaching ....
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41 vessels transit Suez Canal
Date: 2015-12-08 13:01:48 GMT - Egypt - Economy - SN:9 - ID:3886293
As many as 41 ships transited the Suez Canal in both directions on Tuesday, carrying a total cargo of 2.100 million tons. The south-bound convoy included 21 vessels, carrying a million ton, while the north-bound convoy included 20 ships, with 1.1 ....
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CBE fixes US dollar price to banks at 7.73 pounds
Date: 2015-12-08 12:07:20 GMT - Egypt - Economy - SN:7 - ID:3885645
The Central Bank of Egypt (CBE) stabilized the sale price of the US dollar at 7.73 pounds during an auction on Tuesday. The CBE offered 40 million dollars in the periodic auction to banks for an exchange rate of 7.7301 pounds, bankers told ....
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Orman Garden to receive foreign tourists -- minister
Date: 2015-12-02 18:37:40 GMT - Egypt - Economy - SN:10 - ID:3852009
Having around 600 kinds of rare plants, Orman Garden should receive foreigners not only Egyptians, said Agriculture Minister Essam Fayed. Fayed paid a surprise visit to the garden and the Giza Zoo. Plans to develop the two famous sites were ....
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EGX gains EGP 8.9bn
Date: 2015-12-02 15:15:40 GMT - Egypt - Economy - SN:8 - ID:3850777
The Egyptian Exchange (EGX) gained 8.9 billion pounds at the end of Wednesday's trading on the back of purchase operations by Arab and local institutions and funds. The EGX 30 benchmark index went up 3.5 percent to close at 6,649.72 ....
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CBE covers all foreign portfolio investors’ orders
Date: 2015-12-01 17:29:48 GMT - Egypt - Economy - SN:13 - ID:3844321
The Central Bank of Egypt (CBE) announced Tuesday the full payment of all foreign portfolio investors’ outstanding orders totaling USD547.2M. CBE has thus cleared all the pending backlog to date, the bank said in a statement. The above orders ....
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EGX agrees to extend deadline for 10 firms to legalize conditions
Date: 2015-12-01 12:56:53 GMT - Egypt - Economy - SN:7 - ID:3841813
The listing committee at the Egyptian Exchange (EGX) has agreed to give 10 companies extra time to legalize their conditions due to the unfavorable circumstances of the global financial markets. Those circumstances have negatively affected the ....
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Egyptian bourse loses 40 billion pounds in November
Date: 2015-12-01 06:03:48 GMT - Egypt - Economy - SN:1 - ID:3838013
The Egyptian Exchange (EGX) lost about 40.1 billion pounds in November, bringing the market capital down from 453.1 billion pounds in earlier month to 413 billion, a decline of 8.9 percent, according to a monthly report of the bourse. The main ....
