Economy

  • Service : English
  • Category : Economy
  • Dollar exchange rate down at Egypt's major banks

    Dollar exchange rate down at Egypt's major banks

    Date: 2019-10-13 22:03:58 GMT - Egypt - Economy - SN:6 - ID:8143716

    The US dollar exchange rate slightly fell back during transactions at major banks on Sunday. At the National Bank of Egypt and Banque Misr, the dollar rate declined by one piaster, recording EGP 16.22 for buying and EGP 16.32 for selling. At ....

  • Sisi directs to keep focus on social, human development

    Sisi directs to keep focus on social, human development

    Date: 2019-10-12 17:43:45 GMT - Egypt - Economy - SN:1 - ID:8142145

    President Abdel Fattah El Sisi has ordered to continue to concentrate on social and human development with ongoing efforts to reduce public debt and budget deficit. Sisi on Saturday held a meeting with Prime Minister Mostafa Madbouli and Finance ....

  • CBE: Annual inflation rate falls to 2.6% in September

    CBE: Annual inflation rate falls to 2.6% in September

    Date: 2019-10-10 23:06:51 GMT - Egypt - Economy - SN:8 - ID:8139974

    The Central Bank of Egypt (CBE) announced that Egypt's annual inflation rate declined to 2.6 percent in September 2019, down from 4.9 percent in August of the same year. In a statement released on Thursday, the CBE said Egypt's monthly consumer ....

  • Investment minister, US delegation tour New Administrative Capital

    Investment minister, US delegation tour New Administrative Capital

    Date: 2019-10-10 22:58:02 GMT - Egypt - Economy - SN:4 - ID:8139969

    Minister of Investment and International Cooperation Sahar Nasr, accompanied by a US delegation of Senators and Congressmen from South Carolina state, made a tour of the the New Administrative Capital on Thursday. This came as part of the efforts ....

  • Gasoline prices cut by 25 piasters per liter - Petroleum Ministry

    Gasoline prices cut by 25 piasters per liter - Petroleum Ministry

    Date: 2019-10-03 23:31:48 GMT - Egypt - Economy - SN:7 - ID:8130355

    Egypt's Fuel Automatic Pricing Committee endorsed on Thursday cutting gasoline prices by 25 piasters in the local market. The committee, tasked with revising fuel prices on quarterly basis, set the new prices per liter as follows: EGP 6.5 for ....

  • Remittances of Egyptian expats up 37.7% in July - CBE

    Remittances of Egyptian expats up 37.7% in July - CBE

    Date: 2019-10-03 00:04:27 GMT - Egypt - Economy - SN:3 - ID:8128855

    Remittances of Egyptian expats increased by 37.7% in July to reach USD 2.6 billion, up from USD 1.9 billion in June, the Central Bank of Egypt (CBE) said in a statement on Wednesday. On an annual basis, the remittances of Egyptian expats rose ....

  • EIB: EIB's investment in Egypt reaches €8.7 bln in 95 projects

    EIB: EIB's investment in Egypt reaches €8.7 bln in 95 projects

    Date: 2019-10-01 07:29:27 GMT - Egypt - Economy - SN:7 - ID:8125968

    The European Investment Bank (EIB) is keen on strengthening partnership with Egypt during the upcoming period, Vice President of EIB Dario Scannapieco said. EIB's investments in the Egyptian market recorded €8.7 billion in more than 95 priority ....

  • Bourse gains EGP 20.9 billion

    Bourse gains EGP 20.9 billion

    Date: 2019-09-29 23:45:07 GMT - Egypt - Economy - SN:4 - ID:8124352

    The Egyptian Exchange (EGX) indexes posted collective gains in Sunday morning transactions, due to stability in the country and the Central Bank of Egypt's (CBE) decision to lower the interest rates for the second time by 2.5% over a period of six ....

  • Beltone Financial to hold conference on Egypt's investment potentials Monday

    Beltone Financial to hold conference on Egypt's investment potentials Monday

    Date: 2019-09-29 21:49:40 GMT - United Arab Emirates - Economy - SN:3 - ID:8124324

    Beltone Financial Holding will hold a conference on Monday for promoting investment potentials in Egypt. The 13th edition of the conference is expected to bring speakers from the Central Bank of Egypt, Egyptian Finance Ministry, along with other ....

  • WB chief underscores int’l confidence in Egyptian economy

    WB chief underscores int’l confidence in Egyptian economy

    Date: 2019-09-25 23:45:33 GMT - USA - Economy - SN:7 - ID:8119331

    President of the World Bank (WB) David Malpass has underlined growing international confidence in the Egyptian economy despite the slow growth of world economy and political turmoil in the Middle East and North Africa. President Abdel Fattah El ....

Middle East News Agency © - designed and developed : GCSSD
Intellectual Property Rights reserved to GCSSD