Economy

  • Service : English
  • Category : Economy
  • CBE: Banks close Tuesday on Labor Day

    Date: 2018-04-30 13:49:48 GMT - Egypt - Economy - SN:18 - ID:7377275

    The Central Bank of Egypt (CBE) announced Monday that all banks will be on holiday on the occasion of Labor day, which will be on Tuesday, May 1 They will resume work on Wednesday, May 2 ....

  • Banque Misr chairman says he was chosen as UAB deputy head unanimously

    Date: 2018-04-30 11:56:34 GMT - Egypt - Economy - SN:13 - ID:7376920

    Chairman of Banque Misr Mohamed el Etreby said that he was chosen as deputy head of the Union of Arab Banks (UAB) unanimously. Etreby told MENA on the sidelines of the second day of the UAB conference that Egypt plays a prominent role in the UAB ....

  • Dollar price down at Egypt's major banks

    Date: 2018-04-30 11:21:19 GMT - Egypt - Economy - SN:11 - ID:7376812

    The US dollar exchange rate went down during morning transaction at major banks on Monday. The dollar price stood at EGP 17.57 for buying and EGP 17.67 for selling at the National Bank of Egypt. At Banque Misr, the dollar rate went back by one ....

  • CBE governor back home from Washington

    Date: 2018-04-27 10:37:25 GMT - Egypt - Economy - SN:9 - ID:7371852

    CBE Governor Tarek Amer returned home on Friday after concluding a visit to Washington, where he led the Egyptian delegation to the Spring Meetings of the International Monetary Fund (IMF) and World Bank (WB). Amer took part in the meeting of the ....

  • Egypt's non-petroleum exports record $6.3 bln in Q1 of 2017: min.

    Date: 2018-04-27 10:33:00 GMT - Egypt - Economy - SN:8 - ID:7371849

    Egypt’s non-petroleum exports have seen a remarkable increase of 15 percent year-on-year in the first quarter of 2018, Minister of Trade and Industry Tareq Qabil said in a statement Friday. The exports registered $6.3 billion in the first quarter ....

  • Dollar rate stable at major banks

    Date: 2018-04-26 11:34:11 GMT - Egypt - Economy - SN:13 - ID:7370413

    The US dollar exchange rate was stable at major banks on Thursday. The dollar rate stood at EGP 17.57 for buying and EGP 17.67 for selling at the National Bank of Egypt and Banque Misr. At Banque du Caire and the Commercial International Bank ....

  • EGX market cap exceeds EGP 1 trillion for 1st time

    Date: 2018-04-26 09:47:48 GMT - Egypt - Economy - SN:9 - ID:7370182

    For the first time in its history, the Egyptian Exchange (EGX) market cap exceeded EGP 1 trillion. EGX indexes collectively went up at the beginning of Thursday's trading amid purchase operations by investors. The market capital gained EGP ....

  • Cabinet to consider rising local wheat buying price - minister

    Date: 2018-04-25 10:00:52 GMT - Egypt - Economy - SN:7 - ID:7368812

    Minister of Supply and Internal Trade Ali el Moselhi vowed on Tuesday that the cabinet will consider a recommendation presented by members of the parliament’s agriculture committee on increasing the local wheat buying price by EGP 20-50 per ....

  • World Bank president praises economic reforms in Egypt

    Date: 2018-04-24 16:18:12 GMT - Egypt - Economy - SN:30 - ID:7367992

    World Bank President Jim Yong Kim lauded recent economic reforms in Egypt. "The country's progress presents an opportunity for more private sector-led job creation and growth and investments in quality education will equip young Egyptians with ....

  • CBE: Banks close Wednesday on Sinai Liberation Day

    Date: 2018-04-24 13:51:33 GMT - Egypt - Economy - SN:22 - ID:7367688

    The Central Bank of Egypt (CBE) decided Tuesday that all banks will be on holiday on the occasion of Sinai Liberation Day. They will resume work on Thursday. ....

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