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Economy
- Service : English
- Category : Economy
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US Treasury Secretary hails growing coop. with Egypt
Date: 2019-10-16 23:01:03 GMT - Egypt - Economy - SN:5 - ID:8148485
US Secretary of the Treasury Steven Mnuchin on Wednesday lauded growing cooperation with Egypt. He met with Egyptian Prime Minister Mostafa Madbouli, who arrived in Washington on Tuesday leading a ministerial delegation to the annual meetings of ....
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PM, US Treasury Secretary mull bilateral coop.
Date: 2019-10-16 22:58:31 GMT - USA - Economy - SN:3 - ID:8148483
Egyptian Prime Minister Mostafa Madbouli and US Secretary of the Treasury Steven Mnuchin on Wednesday discussed means to boost cooperation between the two countries in different economic and investment fields. Madbouli arrived in Washington on ....
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
