Economy

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  • Category : Economy
  • Egypt's bourse indices show mixed performance

    Date: 2018-09-18 14:28:15 GMT - Egypt - Economy - SN:15 - ID:7581758

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of trading on Tuesday amid purchasing operations by Arab and local institutions and investment funds and selling operations by foreign investors. The market capital lost ....

  • Preparations underway for visit by delegation of US Chamber of Commerce to Egypt in Oct.

    Date: 2018-09-18 10:28:48 GMT - Egypt - Economy - SN:11 - ID:7581251

    Minister of Military Production Mohamed Saeid el Assar, Communications Minister Amr Talaat and Trade Minister Amr Nassar met Tuesday with representatives of US companies operating in Egypt to prepare for a visit by a delegation of the US Chamber of ....

  • Egypt purchases 31,500 tons of crude cooking oil

    Date: 2018-09-13 17:43:16 GMT - Egypt - Economy - SN:7 - ID:7575194

    Public Authority of Supply signed a contract after offering tenders to buy 31,500 tons of crude cooking oil. This comes within the Supply Ministry’s plan to provide a strategic stock of commodities. In statements, deputy head of the authority ....

  • Egypt, Afreximbank discuss joint cooperation

    Date: 2018-09-12 11:31:38 GMT - Egypt - Economy - SN:10 - ID:7573155

    Minister of Trade and Industry Amr Nassar on Wednesday had talks with a delegation from the African Export-Import Bank (Afreximbank) on current projects carried out by the bank in Egypt. The talks also tackled future projects to be implemented by ....

  • Saeed: Financial inclusion is goal for Egypt 2030 vision

    Date: 2018-09-12 10:18:18 GMT - Egypt - Economy - SN:5 - ID:7572994

    Minister of Planning Hala el Saeed on Wednesday said that achieving financial inclusion is the major goal for Egypt 2030 vision for sustainable development. At a meeting with delegations of investors from Finca Microfinace Holding Corporation and ....

  • Dollar price stable at major banks

    Date: 2018-09-06 11:13:43 GMT - Egypt - Economy - SN:4 - ID:7564900

    The exchange rate of the US dollar was relatively stable during transactions on Thursday at major banks. The dollar exchange rate settled at EGP 17.78 for buying and EGP 17.88 for selling at the National Bank of Egypt and Banque Misr. At ....

  • Egypt purchases 60,000 tons of Russian wheat

    Date: 2018-09-05 19:51:04 GMT - Egypt - Economy - SN:7 - ID:7564223

    The General Authority For Supply Commodities (GASC) inked a contract, on behalf of the Supply and Internal Trade Ministry, to import 60,000 tons of Russian wheat via an international tender. In statements on Wednesday, GASC deputy head Ahmed ....

  • CBE: Cash reserve rises to $44.4 bln during August

    Date: 2018-09-05 12:59:53 GMT - Egypt - Economy - SN:4 - ID:7563515

    The Central Bank of Egypt (CBE) said that the cash reserve of foreign currency increased by $105 million during August to reach $44.419 billion compared to $44.314 billion during July. ....

  • Dollar price stable at major Egyptian banks

    Date: 2018-09-04 15:13:22 GMT - Egypt - Economy - SN:10 - ID:7562126

    The exchange rate of the US dollar was relatively stable during transactions on Tuesday at major banks. At Banque du Caire, it recorded EGP 17.85 for buying and EGP 17.95 for selling. The dollar exchange rate settled at EGP 17.78 for buying ....

  • Maait: We seek attracting investments in coming period

    Date: 2018-09-04 09:51:14 GMT - Egypt - Economy - SN:8 - ID:7561313

    Minister of Finance Mohamed Maait said on Tuesday that the Egyptian government worked over the past period to attract more investments via improving investment infrastructure. Addressing a Euromoney session, he added that his ministry is working ....

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