Text News Listing
- Service : English General
- Category : Economy
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CBE: Foreign reserves rise by USD 696 mln in April 2024
Date: 2024-05-07 16:05:25 GMT - Egypt - Economy - SN:38 - ID:10694962
CAIRO, May 7 (MENA) - The Central Bank of Egypt (CBE) on Tuesday announced that the country's net foreign reserves rose by about USD 696 million to hit USD 41.057 billion in April 2024. The country’s net foreign reserves amounted to USD 40.361 ....
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Bourse posts collective gains at start of week transactions
Date: 2024-05-07 13:40:55 GMT - Egypt - Economy - SN:35 - ID:10694686
CAIRO, May 7 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the start of this week trading on Tuesday after Easter and Sham El-Nessim celebrations, backed by purchases of Egyptian and foreign investment funds. The market ....
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MoU between GAFI, Crédit Agricole Bank to attract direct foreign investments
Date: 2024-05-07 11:30:31 GMT - Egypt - Economy - SN:26 - ID:10694361
CAIRO, May 7 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba and Managing Director of Crédit Agricole Bank in Egypt Jean-Pierre Trinelle inked a memorandum of understanding on cooperation to encourage and ....
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Egypt's food industries exports hit $1,6bn during Q1 of 2024
Date: 2024-05-07 10:01:08 GMT - Egypt - Economy - SN:21 - ID:10694295
CAIRO, May 7 (MENA) - Egyptian food industries exports increased by 31% in the first four months of 2024, reaching dlrs 1.6 billion compared to exports during the same period in 2023, which were approximately dlrs 1.2 billion, marking the highest ....
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Dollar exchange rate stable at start of Tuesday's transactions
Date: 2024-05-07 07:23:11 GMT - Egypt - Economy - SN:10 - ID:10694016
CAIRO, May 7 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB), the dollar rate registered EGP ....