Economy

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  • Category : Economy
  • PM meets ECMI members on increasing Egypt's exports

    Date: 2019-02-17 18:10:36 GMT - Egypt - Economy - SN:4 - ID:7809185

    Prime Minister Mostafa Madbouli held on Sunday a meeting with members of the Export Council of Medical Industries (ECMI) to get acquainted with their vision on how to increase Egypt's exports in the coming period. The premier stressed that the ....

  • CBE governor: Sisi directs to reduce interest rate on youth loans

    Date: 2019-02-17 17:53:47 GMT - Egypt - Economy - SN:2 - ID:7809156

    President Abdel Fattah El Sisi directed the reduction of interest rates on youth loans to 5 percent, Central Bank of Egypt Governor Tarek Amer said on Sunday. He was speaking during the launch of the CBE national initiative to support ....

  • Bourse gains EGP 10.3 bn

    Date: 2019-02-17 17:20:19 GMT - Egypt - Economy - SN:1 - ID:7809116

    The Egyptian Exchange (EGX) indexes posted collective gains on Sunday, backed by purchases of domestic institutions and investment funds. The market capital gained EGP 10.3 billion to reach EGP 837.8 billion amid transactions that hit EGP 1.5 ....

  • IMF: Egypt enjoys highest growth in MENA

    Date: 2019-02-13 19:04:07 GMT - Egypt - Economy - SN:4 - ID:7803640

    Egypt currently enjoys the highest growth rate among the MENA region and emerging economies, the director of the IMF's Middle East and Central Asia Department Jihad Azour said Wednesday. Jihad Azour also praised Egypt’s commitment to its reform ....

  • IMF: Egypt has big opportunity to make progress in financial inclusiveness field

    Date: 2019-02-12 11:08:20 GMT - Egypt - Economy - SN:8 - ID:7801109

    IMF regional director Gehad Azour said choosing Egypt as a venue for launching the financial inclusiveness report on small and medium-scale projects came as a result of being one of the biggest rising economies in the region. Addressing a seminar ....

  • 5th edition of "Egypt Can" conf. to focus on investments

    Date: 2019-02-12 10:18:42 GMT - Egypt - Economy - SN:5 - ID:7801016

    Minister of Investment and International Cooperation Sahar Nasr and Minister of Immigration and Egyptian Expatriates Affairs Nabila Makram agreed that the theme of the the 5th "Egypt Can" conference in 2019 will be investment. Both ministers ....

  • Saudi Aramco and Egypt’s SUMED sign oil deals

    Date: 2019-02-12 09:44:16 GMT - Egypt - Economy - SN:4 - ID:7800939

    Petroleum Minister Tareq el Molla witnessed Tuesday the inking of an agreement between Egypt's Arab Petroleum Pipelines Co. (SUMED) and Saudi Aramco’s trading arm, Aramco Trading Company (ATC) to provide 222,000 cubic meters of gas oil storage ....

  • CBE starts implementing strategy on enhancing economic ties with Africa

    Date: 2019-02-10 16:08:58 GMT - Egypt - Economy - SN:12 - ID:7798442

    The Central Bank of Egypt (CBE) began implementing a comprehensive strategy to enhance economic relations with the African countries within the framework of its belief in the importance of the Egyptian presence in the continent. The strategy ....

  • Bourse gains EGP 1.4 bln

    Date: 2019-02-10 14:57:58 GMT - Egypt - Economy - SN:11 - ID:7798316

    The Egyptian Exchange (EGX) indexes posted collective gains on Sunday, backed by purchases of local investors. The market capital gained EGP 1.4 billion to reach EGP 818.8 billion amid transactions that hit EGP 1.2 billion. The EGX 30 ....

  • PM reviews vision of FEC members on export incentive program

    Date: 2019-02-07 19:30:39 GMT - Egypt - Economy - SN:13 - ID:7794163

    Premier and Housing Minister Mostafa Madboli presided Thursday over a meeting with the members of the Food Export Council (FEC) in the presence of Trade and Industry Minister Amr Nassar. During the get-together, Madbouli reviewed the vision of ....

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