Egyptian Currency – File Photo
Egypt directed around LE 26 billion ($1.47 billion) of the government’s investments in the new fiscal year 2018/2019 to develop Upper Egypt’s governorates, Planning Minister Hala al-Saeed said.
Creative Hub Egypt hosted Monday its first Strategic Stakeholders Networking Event at its premises in mohandeseen; the event was followed by an interactive networking seminar.
Creative Hub Egypt hosted Monday its first Strategic Stakeholders Networking Event at its premises in mohandeseen; the event was followed by an interactive networking seminar. The event brought together key actors to foster cooperation in Egypt’s creative industry and improve Egypt’s ability to compete globally in said industry.
Foreign currency inflows to banks operating in Egypt have risen to more than $80 billion since the flotation of the Egyptian currency in November 2016, Deputy Governor of the Central Bank of Egypt (CBE), Gamal Nagm said.
The Food Export Council organized an Egyptian trade mission to Brazil from May 6 to 12 within the framework of activating the Mercosur Agreement to maximize trade movement from Egypt to Brazil.
Egypt's leading online recruitment platform WUZZUF announced on Saturday’s event the new updates of its website, including a new interface and upgraded features to make it easier for employers to find the right candidates and for professionals to find the right job.
HC Securities & Investment (HC) expects the Egyptian government to adopt a number of financial and monetary measures to stimulate the growth of private sector’s investments, especially with the slowdown of the inflation that calls for an ease monetary policy.
The Egyptian Exchange (EGX) ended Monday in red for the third consecutive session, amid Arab and foreign selling.
The benchmark EGX30 declined 0.50 percent, or 117.72 points, to close at 17,523.15 points.
Consumer confidence in Egypt increased to 84 in the fourth quarter of 2017, compared to 78 in the previous quarter and 64 in the same quarter of 2016.
Egypt's exports of chemicals and fertilizers increased by about 24 percent to hit 1.2 billion dollars during the first quarter of 2018 against US $ 985.16 million in the relevant period in 2017.
Minister of Petroleum Tarek el Mollah said Monday Zohr gas field production will rise to 900,000 million cubic meters per day before the fasting month of Ramadan.
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