Economy

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  • Category : Economy
  • EGX shows mixed performance

    Date: 2018-06-20 15:15:51 GMT - Egypt - Economy - SN:6 - ID:7452069

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading, amid purchase operations by Arab and local institutions and investment funds, while sales prevailed in transactions of foreign investors. The market ....

  • Petroleum Ministry : production of Zohr Field to hit 1,750 billion cubic meters daily by August

    Date: 2018-06-14 12:14:12 GMT - Egypt - Economy - SN:2 - ID:7444157

    The third unit of the gases treatment station in Zohr Field was operated ten days ahead of schedule, the Petroleum Ministry announced Thursday. The ministry said in a press statement that production at the offshore Zohr Field will hit 1,750 ....

  • Bourse loses EGP 15.5bn, index drops 2.3% at closing

    Date: 2018-06-05 14:57:20 GMT - Egypt - Economy - SN:15 - ID:7431856

    Egypt's Exchange indices nosedived collectively at the close of Tuesday's trading session amid selling operations by domestic and Arab institutions. The market capital lost about EGP 15.5 billion to hit EGP 912.1 billion amid transactions that ....

  • EGX loses EGP 22 billion in morning session

    Date: 2018-06-05 09:57:20 GMT - Egypt - Economy - SN:8 - ID:7431140

    Egypt's Exchange indices went down collectively during the morning trading session on Tuesday amid random sales by Arab and Egyptian investors and institutions. The market capital lost about EGP 22 billion to hit EGP 906 billion. Trading was ....

  • Bourse loses EGP 11.7bn

    Date: 2018-06-04 18:28:33 GMT - Egypt - Economy - SN:18 - ID:7430591

    Egypt's Exchange indices went down collectively at the close of Monday's trading session amid selling operations by domestic and Arab institutions. The market capital lost about EGP 11.7 billion to hit EGP 927.6 billion amid transactions that hit ....

  • Housing, investment ministries sign cooperation protocol with WB

    Date: 2018-06-04 18:10:02 GMT - Egypt - Economy - SN:17 - ID:7430567

    Minister of Housing Dr Mostafa Madbouli and Minister of Investment Dr Sahar Nasr Monday signed a cooperation protocol with World Bank officials on the second phase of the national program on sanitation in villages. The project, whose costs amount ....

  • Egypt seeks to collect EGP 1.4 trillion in taxes by 2022 - minister

    Date: 2018-06-04 16:42:48 GMT - Egypt - Economy - SN:15 - ID:7430497

    Finance Minister Amr el Garhi said on Monday that the total tax proceeds the ministry seeks to collect in 2022 is EGP 1.4 trillion pounds. Addressing the parliament, Garhi said expected tax toll in the 2018/2019 fiscal year is estimated at 770 ....

  • Dollar rate relatively stable at major banks in Egypt

    Date: 2018-06-04 11:18:35 GMT - Egypt - Economy - SN:9 - ID:7429735

    The US dollar exchange rate was relatively stable at major banks on Monday. The dollar rate stood at EGP 17.80 for buying and EGP 17.90 for selling at the National Bank of Egypt and Banque Misr. The dollar exchange rate remained unchanged at ....

  • Bourse loses EGP 13.2 bln

    Date: 2018-05-31 14:01:53 GMT - Egypt - Economy - SN:3 - ID:7424811

    Egypt's Exchange indices went down collectively at the close of Thursday's trading session amid selling operations by domestic and Arab institutions. The market capital lost about EGP 13.2 billion to hit EGP 930.3 billion amid transactions that ....

  • Dollar price stable at major banks in Egypt

    Date: 2018-05-30 11:52:23 GMT - Egypt - Economy - SN:10 - ID:7423100

    The US dollar exchange rate was relatively stable at major banks on Wednesday. The dollar rate stood at EGP 17.80 for buying and EGP 17.90 for selling at the National Bank of Egypt. At Banque du Caire, the dollar was stable at EGP 17.87 for ....

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