Economy

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  • Dollar exchange rate inches up at Egypt's banks

    Date: 2017-12-06 13:16:09 GMT - Egypt - Economy - SN:12 - ID:7126366

    The exchange rate of the US dollar slightly went up at major banks in Egypt Wednesday. The dollar stood at EGP 17.66 for buying and 17.76 for selling at the National Bank of Egypt and Banque Misr. At Banque du Caire, the dollar rose to EGP ....

  • Dollar exchange rate inches up at Egypt's banks

    Date: 2017-12-04 13:24:25 GMT - Egypt - Economy - SN:6 - ID:7122947

    The exchange rate of the US dollar slightly went up at the five major banks in Egypt on Monday. The dollar stood at EGP 17.62 for buying and 17.72 for selling at the National Bank of Egypt and Banque du Caire. In Banque Misr, the dollar stood ....

  • ABB CEO: Egypt encouraging for electricity investments, key regional energy hub

    Date: 2017-12-03 10:50:31 GMT - Egypt - Economy - SN:9 - ID:7120879

    ABB CEO in Egypt and Central Africa Naji Jreijiri underlined that Egypt became an encouraging market for the electricity sector and a key energy center in the region thanks to the state's interest in developing the sector. Jreijiri made the ....

  • Red Sea ports receive 6,500 tons of butane gas

    Date: 2017-12-01 10:12:03 GMT - Egypt - Economy - SN:3 - ID:7118195

    Zaytiat Port gears up to receive on Friday a ship carrying 6,500 tons of butane gas coming from the Saudi port of Yanbu, Spokesman for the Red Sea Ports Authority Malak Youssef said. A vessel carrying 250 cars coming from Jeddah port is scheduled ....

  • Mamish, EBRD executive director discuss funding projects in SCZone

    Date: 2017-11-30 13:43:59 GMT - Egypt - Economy - SN:23 - ID:7117267

    Chairman of the Suez Canal Authority (SCA) Mohab Mamish tackled with Executive Director of the European Bank for Reconstruction and Development (EBRD) Phillip Barresi opportunities of cooperation between the Suez Canal Economic Zone (SCZone) and the ....

  • Bourse gains EGP 24.5 bln in 4 trading sessions

    Date: 2017-11-30 09:56:55 GMT - Egypt - Economy - SN:10 - ID:7116856

    The Egyptian Exchange (EGX) gained EGP 24.5 billion in its four trading session during this week as the bourse is off Thursday to mark Prophet Muhammad's birthday anniversary. According to its weekly report on Thursday, a copy of which MENA ....

  • Egypt's bourse gains 1.7 billion pounds

    Date: 2017-11-29 14:56:35 GMT - Egypt - Economy - SN:21 - ID:7115992

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading amid sales by local investors and institutions. The market capital gained about EGP 1.7 billion, reaching EGP 814.1 billion, after transactions hit ....

  • IFC to increase investments in Egypt to $1bn, says regional director

    Date: 2017-11-28 16:29:30 GMT - Egypt - Economy - SN:20 - ID:7114385

    The International Finance Corporation (IFC) will increase its investments in Egypt to one billion dollars in the coming period, the IFC regional director said on Tuesday. Mouayed Makhlouf, the IFC's regional director for Middle East and North ....

  • EGX gains EGP 15.6 bln, benchmark rises 2.23 pct

    Date: 2017-11-28 15:25:15 GMT - Egypt - Economy - SN:13 - ID:7114188

    The Egyptian Exchange (EGX) indexes went up collectively at the close of Tuesday's trading, amid purchase operations in transactions of foreign institutions and investment funds. The purchases were pushed up by optimism about the Central Bank of ....

  • Dollar exchange rate inches up at Egypt's banks

    Date: 2017-11-28 09:38:16 GMT - Egypt - Economy - SN:8 - ID:7113393

    The exchange rate of the US dollar slightly went up at the five major banks in Egypt on Tuesday. The dollar stood at EGP 17.65 for buying and 17.75 for selling at the National Bank of Egypt, Banque Misr, Banque du Caire and Arab African ....

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