Economy

  • Service : English
  • Category : Economy
  • EGX gains EGP 200 mln over past week

    Date: 2018-05-25 10:06:25 GMT - Egypt - Economy - SN:7 - ID:7416018

    The Egyptian Exchange (EGX) indexes gained a total of EGP 200 million over the past week. In a weekly report, a copy of which was obtained by MENA on Friday, the EGX said the market capital increased to EGP 948.5 billion up from EGP 948.3 ....

  • Finance Ministry: Budget deficit reaches EGP 218bn in 7 months

    Date: 2018-05-22 10:59:03 GMT - Egypt - Economy - SN:12 - ID:7411738

    The budget deficit has reached 218 billion pounds during the first half of 2017-2018, the Finance Ministry said in a report. This deficit makes up 5.1 percent of the total GDP, it noted. Revenues upped to 353.7 billion pounds from 273.2 ....

  • Egypt's bourse loses EGP 1.9 billion

    Date: 2018-05-20 18:37:54 GMT - Egypt - Economy - SN:11 - ID:7409602

    Egypt's Exchange indices showed mixed performance at the end of trading on Sunday amid selling operations by foreign institutions and investment funds and purchases by Arab investors. The market capital lost EGP 1.9 billion to reach EGP 946.4 ....

  • Dollar rate stable at major banks

    Date: 2018-05-20 10:35:43 GMT - Egypt - Economy - SN:7 - ID:7408790

    The US dollar exchange rate was stable at major banks on Sunday. The dollar rate stood at EGP 17.77 for buying and EGP 17.87 for selling at the National Bank of Egypt. At Banque du Caire and the Commercial International Bank (CIB), the dollar ....

  • Albania seeks to promote economic, trade cooperation with Egypt - amb.

    Date: 2018-05-20 08:14:51 GMT - Egypt - Economy - SN:4 - ID:7408572

    Albanian Ambassador to Egypt Eduard Sulo stressed that his country seeks to promote economic and trade cooperation with Egypt. In an interview with MENA, the diplomat said the trade exchange between the two countries hit 22 million dollars last ....

  • IMF staff reaches staff-level agreement on 3rd review for Egypt’s Extended Fund Facility

    Date: 2018-05-18 09:10:47 GMT - Egypt - Economy - SN:4 - ID:7406320

    The International Monetary Fund (IMF) staff team and the Egyptian authorities have reached a staff-level agreement on the third review of Egypt’s economic reform program, which is supported by the IMF’s SDR 8.597 billion (about $12 billion) ....

  • Dollar exchange rate goes up and down at major Egyptian banks

    Date: 2018-05-17 11:37:10 GMT - Egypt - Economy - SN:3 - ID:7405299

    The US dollar exchange rate went up and down at major banks on Thursday. The dollar exchange rate went down by one piaster recording EGP 17.77 for buying and EGP 17.87 for selling at the National Bank of Egypt and Banque Misr. The dollar ....

  • Bourse gains EGP 2.5bn

    Date: 2018-05-15 13:49:20 GMT - Egypt - Economy - SN:16 - ID:7402376

    The Egyptian Exchange indexes posted gains at the close of Tuesday's trading, backed by purchases by Arab and foreign institutions and investment funds. The market capital gained EGP 2.5 billion to reach EGP 954.2 billion amid transactions that ....

  • Dollar exchange rate up at major Egyptian banks

    Date: 2018-05-15 12:40:38 GMT - Egypt - Economy - SN:12 - ID:7402177

    The US dollar exchange rate inched up at major banks on Tuesday. The dollar exchange rate went up by three piasters recording EGP 17.72 for buying and EGP 17.82 for selling at the National Bank of Egypt and Banque Misr. The dollar exchange ....

  • EGP 1.8 billion earmarked for passenger transportation in 2018/2019 budget - ministry

    Date: 2018-05-14 11:00:31 GMT - Egypt - Economy - SN:1 - ID:7399854

    The Finance Ministry said 1.8 billion pounds were earmarked for passenger transportation in the 2018/2019 budget, up 89 million pounds from the previous budget. Out of the 1.8 billion pounds, 350 million pounds were allocated for discounted fairs ....

Middle East News Agency © - designed and developed : GCSSD
Intellectual Property Rights reserved to GCSSD