Economy

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  • Category : Economy
  • Insurance investments hit EGP 8bn in 2017 -- Omran

    Date: 2018-01-16 10:35:48 GMT - Egypt - Economy - SN:16 - ID:7193731

    Head of the Financial Supervisory Authority Dr. Mohamed Omran on Tuesday said that the net investments of public insurance companies on the Egyptian market increased to 86 billion pounds in 2017. This constitutes a 41 percent rise compared to ....

  • Oil minister, BP official confer on investment opportunities in Egypt

    Date: 2018-01-15 12:07:08 GMT - Egypt - Economy - SN:23 - ID:7191835

    Petroleum Minister Tareq el Molla met Monday with Andy Hopwood, chief operating officer of strategy & regions at British Petroleum, to discuss investment opportunities in Egypt, atop of which a project to turn the Arab country into a regional hub ....

  • Dollar exchange rate stable at major banks in Egypt

    Date: 2018-01-15 12:04:40 GMT - Egypt - Economy - SN:21 - ID:7192022

    The US dollar exchange rate was relatively stable during morning transactions at major banks on Monday. The dollar price reached EGP 17.65 for buying and 17.75 for selling at the National Bank of Egypt, the Arab African Bank, Bank of Alexandria ....

  • New Business Sector min. to MENA: Developing performance of holding companies on top of ministry's priorities

    Date: 2018-01-15 08:02:46 GMT - Egypt - Economy - SN:7 - ID:7191299

    New Business Sector Minister Khaled Badawi said developing the performance of the holding companies and their affiliated companies comes on top of his priorities in the upcoming period. In exclusive statements to MENA on Sunday, he said the ....

  • Dollar exchange rate stable at major Egyptian banks

    Date: 2018-01-14 10:48:28 GMT - Egypt - Economy - SN:17 - ID:7189934

    The US dollar exchange rate was stable during morning transactions at major banks on Sunday. The dollar exchange rate was stable at EGP 17.65 for buying and 17.75 for selling at the National Bank of Egypt, the Arab African Bank, CIB and Banque Du ....

  • Finance ministry auctions EGP 14.5 bln T-bills

    Date: 2018-01-11 17:40:08 GMT - Egypt - Economy - SN:26 - ID:7186274

    The Ministry of Finance auctioned on Thursday treasury bills at a total value of EGP 14.5 billion. In an online statement, the ministry said it sold EGP 6.75 billion of 182-day bonds with average interest rate hitting 18.6 percent. The yield ....

  • Dollar exchange rate shows varies at major banks

    Date: 2018-01-11 12:30:27 GMT - Egypt - Economy - SN:22 - ID:7185578

    The US dollar exchange rate showed varied performance during morning transactions at major banks on Thursday. The dollar exchange rate stood at EGP 17.65 for buying and EGP 17.75 for selling at the National Bank of Egypt and the Arab African ....

  • Egypt officially applies for COMESA secretary general post, says min.

    Date: 2018-01-11 11:00:13 GMT - Egypt - Economy - SN:18 - ID:7185328

    Egypt has officially applied for the secretary general post of the Common Market for Eastern and Southern Africa (COMESA), Trade and Industry Minister Tareq Qabil said on Thursday. The move comes as part of Egypt's keenness on boosting its role ....

  • Dollar exchange rate stable at major banks

    Date: 2018-01-10 12:18:31 GMT - Egypt - Economy - SN:4 - ID:7183590

    The US dollar exchange rate was stable during morning transactions at major banks on Wednesday. The dollar exchange rate was stable at EGP 17.65 for buying and 17.75 for selling at the National Bank of Egypt and the Arab African Bank. At ....

  • Sisi, Jordanian king discuss Palestinian developments over phone

    Date: 2018-01-09 16:40:39 GMT - Egypt - Economy - SN:22 - ID:7182691

    President Abdel Fattah El Sisi received on Tuesday a phone call from Jordanian King Abdullah II. The call tackled aspects of bilateral cooperation in the different domains and the means to boost bilateral ties, Presidential Spokesman Bassam Rady ....

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