5/5/2019 - Egypt’s net foreign reserves stood at $44.218 billion at the end of April, up from $44.11 billion at the end of March, the central bank said.
Foreign reserves stood at $44.303 billion at end-April 20... |
5/5/2019 - Egypt’s non-oil private-sector activity expanded for the first time in eight months in April, and saw its highest reading since August 2015, a survey showed . The Emirates NBD Egypt Purchasin... |
5/6/2019 - The Central Bank of Egypt (CBE) announced that the country’s foreign currency reserves went up by $106 million. The foreign currency reserves reached $44.218 billion at the end of April, co... |
5/6/2019 - Ready-made garments exports have increased two percent in the first quarter of 2019 to reach $406 million compared to $397 million in the same period of 2018, the Textile Export Council said in a fres... |
5/7/2019 - Egypt's Minister of Finance Mohamed Maait said during a press conference in Cairo that the Egyptian economy would achieve a 5.6 percent growth rate by the end of current fiscal year (2018/19). ... |
5/7/2019 - Egypt's Minister of Investment and International Cooperation Sahar Nasr said that cooperation between the World Bank and the Small and Medium Enterprises Development Authority has reached $1 billion f... |
5/7/2019 - Egypt expects, in principle, to receive the final tranche of about $2 billion of its IMF loan in July, Deputy Finance Minister Ahmed Kouchouk said . The International Monetary Fund offered ... |
5/7/2019 - Egypt's finance ministry has drafted a law cancelling a planned increase in a tax on stock exchange transactions, keeping it at EGP 1.5 per 1,000, the ministry said . The increase to EGP 1.75... |
5/7/2019 - State Minister of Military Production Mohamed el Assar discussed with Italian Ambassador in Cairo Giampaolo Cantini means of boosting cooperation between Italian companies and companies affiliated to ... |
5/8/2019 - Egypt’s foreign debt rose to $96.6 billion by the end of 2018, up16.5 percent from the previous year, central bank figures showed . In December 2017, Egypt’s foreign debt stood at $82.9 billi... |
5/8/2019 - Egypt’s economy is expected to grow at 5.8 percent in the fourth quarter of the 2018/19 financial year, the Planning Minister Hala El-Saeed said in a statement. The country registered economi... |
5/9/2019 - Egypt’s annual urban consumer price inflation eased to 13.0 percent in April from 14.2 percent in March, official statistics agency CAPMAS said . “The figures are lower than our expectations,... |
5/10/2019 - Chairman of the Suez Canal Authority (SCA) and the Suez Canal Economic Zone (SCZone) Mohab Mamish said that the project of the New Suez Canal succeeded in improving the offered navigation services. |
5/10/2019 - The Central Bank of Egypt (CBE) announced that Egypt's inflation rate declined to 8.1 percent in April 2019 from 8.9 percent in the same period last year. On a monthly basis, core inflatio... |
5/10/2019 - Moody's Investors Service has said Egypt's economy demonstrated a high shock-absorption capacity during the second half of 2018. In its report released the credit rating agency ascribed impr... |
5/10/2019 - The cabinet has approved a bill to amend some provisions of the Stamp Tax Law No. 111/1980. The amendment, okayed during a cabinet meeting, stipulates imposing the same proportional stamp dut... |
5/11/2019 - Governor of the Central Bank of Egypt (CBE) Tarek Amer and Communications Minister Amr Talaat witnessed the signing ceremony of a cooperation protocol on training the banking sector staffers about in... |
5/14/2019 - The Central Bank of Egypt (CBE) said foreign cash flows from different sources have hit a record, registering $24.7 billion since January. A CBE official source said the US dollar exchange... |
5/14/2019 - UAE Ambassador in Cairo Jumaa Mubarak Al-Junaibi said his country's direct investments in Egypt exceeded $6.6 billion in 2018. Meeting UAE investors in Egypt, the ambassador added that eco... |
5/17/2019 - Fifty-two ships transited the Suez Canal o, with a total cargo of 3.9 million tons. The south-bound convoy included 20 vessels carrying 1.8 million tons and the north-bound convoy included 32... |