Economy

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  • Category : Economy
  • EGX gains EGP 4.4bn

    Date: 2017-12-17 13:47:08 GMT - Egypt - Economy - SN:20 - ID:7145080

    The Egyptian Exchange (EGX) gained 4.4 billion pounds at the end of trading Sunday backed by purchase operations by foreign and Arab investment funds. The EGX 30 benchmark index upped by 0.25 percent to reach 14,716.66 points. The broader EGX ....

  • Dollar exchange stable at Egypt's major banks

    Date: 2017-12-17 11:37:17 GMT - Egypt - Economy - SN:9 - ID:7144685

    The US dollar exchange rate was relatively stable during morning transactions at major banks on Sunday. The dollar exchange rate stood at EGP 17.69 for buying and EGP 17.79 for selling at the National Bank of Egypt and Banque Misr. The dollar ....

  • Head of CAPMAS: 2017 start of real economic reform in Egypt

    Date: 2017-12-16 08:44:15 GMT - Egypt - Economy - SN:4 - ID:7142756

    Abu Bakr el Gendy, the head of the Central Agency for Public Mobilization and Statistics (CAPMAS), has said that real economic reform started in Egypt in 2017. More reform measures should follow, Gendy said in statements to MENA on Saturday. ....

  • Egypt bourse gains EGP 32 bln in week

    Date: 2017-12-15 12:44:21 GMT - Egypt - Economy - SN:15 - ID:7141780

    The Egyptian Exchange (EGX) gained 32 billion pounds this week as the market capital went up 4.1 percent to 820.7 billion pounds compared to 788.7 billion pounds in the previous week. The EGX 30 benchmark index upped 2.69 percent to 14,680 ....

  • IFC mulls boosting investments in Egypt: Qabil

    Date: 2017-12-15 09:35:30 GMT - Egypt - Economy - SN:6 - ID:7141620

    The International Finance Corporation (IFC) weighs boosting financing programs dedicated to invest in Egypt's industrial sector in the coming period, Trade and Industry Minister Tarek Qabil said on Friday. Thanks to the success of the country's ....

  • Egypt bourse gains EGP 3.5 bln

    Date: 2017-12-13 15:30:30 GMT - Egypt - Economy - SN:9 - ID:7138880

    The Egyptian Exchange indexes posted collective gains at the close of Wednesday's trading, backed by purchases by local and foreign institutions and investment funds. The market capital gained EGP 3.5 billion to reach EGP 816.5 billion, after ....

  • Dollar exchange rate relatively stable at Egypt's major banks

    Date: 2017-12-12 10:17:35 GMT - Egypt - Economy - SN:11 - ID:7136515

    The US dollar exchange rate was relatively stable during morning transactions at major banks on Tuesday. The dollar exchange rate stood at EGP 17.69 for buying and EGP 17.79 for selling at the National Bank of Egypt and Banque Misr. The dollar ....

  • US dollar Exchange rate shows different performance at Egyptian banks

    Date: 2017-12-11 10:32:58 GMT - Egypt - Economy - SN:1 - ID:7134801

    The exchange rate of the US dollar showed different performance during the morning tradings at major banks in Egypt Monday. The dollar recorded EGP 17.69 for buying and 17.79 for selling at the National Bank of Egypt and Banque Misr. At ....

  • Public enterprises min: Talks of developing "El Nasr Automotive" in its final stages

    Date: 2017-12-10 08:59:50 GMT - Egypt - Economy - SN:4 - ID:7132842

    Minister of Public Enterprises Ashraf el Sharqawi said the ministry has outlined a plan to develop the performance of its affiliated companies and pump new investments in the sector to utilize assets for the best interests of the companies and their ....

  • Egypt's annual inflation rate records 26.7% in Nov: CAPMAS

    Date: 2017-12-10 08:58:24 GMT - Egypt - Economy - SN:3 - ID:7132830

    Egypt's annual inflation rate recorded 26.7 percent in November, the Central Agency for Public Mobilization and Statistics (CAPMAS) said on Sunday. The inflation rate recorded 20.2 percent in November 2016 and 31.8 percent in October 2017, CAPMAS ....

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