Economy

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  • Category : Economy
  • Communications min. meets Vodafone CEO on investments in Egypt

    Date: 2018-04-06 18:42:07 GMT - Egypt - Economy - SN:7 - ID:7337221

    Minister of Communications and Information Technology Yasser el Kady said Egyptian telecommunications sector has the largest international companies specialized in the field of telecommunications, adding that they are key partners in achieving the ....

  • Dollar price up at major banks in Egypt

    Date: 2018-04-04 11:32:17 GMT - Egypt - Economy - SN:10 - ID:7333191

    The US dollar exchange rate went up at major banks on Wednesday. The dollar price was stable recording EGP 17.55 for buying and EGP 17.65 for selling at the National Bank of Egypt and Banque Misr. The dollar exchange rate went up by three ....

  • Second term of Sisi will see strong economic performance -- minister

    Date: 2018-04-03 14:12:36 GMT - Egypt - Economy - SN:31 - ID:7331579

    Minister of Finance Amr el Garhy on Tuesday said that the second term in office of President Abdel Fattah El Sisi will see a strong economic performance. In statements to MENA, he added his ministry is working to reduce the budget deficit to 4 ....

  • ITFC lauds joint cooperation with Egypt

    Date: 2018-04-03 12:55:09 GMT - Tunisia - Economy - SN:28 - ID:7331449

    The International Islamic Trade Finance Corporation (ITFC), an offshoot of the Islamic Development Bank, on Tuesday lauded joint cooperation with Egypt. ITFC CEO Hani Salem, in statements to MENA, said that Egypt is a major partner to the ....

  • Dollar price stable at major banks

    Date: 2018-04-03 12:11:38 GMT - Egypt - Economy - SN:21 - ID:7331386

    The US dollar exchange rate was relatively stable at Egypt's major banks on Tuesday. The dollar rate reached EGP 17.55 for buying and EGP 17.65 for selling at the National Bank of Egypt and Banque Misr. At the Arab African International Bank, ....

  • Communications min.: Egypt will be 'global data center hub' in coming period

    Date: 2018-04-03 10:07:47 GMT - Egypt - Economy - SN:14 - ID:7330994

    Communications and Information Technology Minister Yassir el Qadi said that his ministry's strategy aimed at turning Egypt into a "global data center hub" in the coming period. Speaking at a conference on the future of data center held on Monday ....

  • Bourse indexes down during morning trading

    Date: 2018-04-03 09:42:48 GMT - Egypt - Economy - SN:10 - ID:7330917

    The Egyptian Exchange (EGX) indexes went down collectively during morning trading on Tuesday. The market capital lost about EGP 7.1 billion, registering EGP 977.8 billion. The EGX 30 benchmark index declined 1.57 percent at 17,406.90 ....

  • CBE: Foreign currency reserves up to $42.6 bn by end of March

    Date: 2018-04-02 11:37:01 GMT - Egypt - Economy - SN:7 - ID:7329059

    Foreign currency reserves hit a record high by the end of March, reaching 42.611 billion dollars, the Central Bank of Egypt said Monday. This is a 16.6-percent increase on reserves of February, which amounted to 42.524 billion dollars, the CBE ....

  • Dollar price stable at Egypt's major banks

    Date: 2018-04-01 10:47:12 GMT - Egypt - Economy - SN:3 - ID:7327171

    The US dollar exchange rate was relatively stable at Egypt's major banks on Sunday. The dollar rate reached EGP 17.55 for buying and EGP 17.65 for selling at the National Bank of Egypt and Banque Misr. At Banque du Caire, the dollar exchange ....

  • Bourse gains EGP 150 bln in first quarter of 2018

    Date: 2018-03-30 15:31:59 GMT - Egypt - Economy - SN:14 - ID:7324797

    The Egyptian Exchange (EGX) indexes posted collective gains at a total of EGP 150 billion in the first quarter of 2018. In a quarterly report, a copy of which obtained by MENA on Friday, the Egyptian bourse said the market capital reached EGP ....

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