PM: Govt keen on turning Egypt into financial technology hub

Mon, Jun. 17, 2019

This economic progress was not only sensed by the government but by international financial institutions as well, he added.

CBE signs two MoUs with govt bodies on financial technology

Mon, Jun. 17, 2019

This came on the sidelines of the second edition of the FinTech Conference "Seamless North Africa 2019".

IMF: Egypt's economic reform program world's most successful

Mon, Jun. 17, 2019

Amer stressed that Egypt is in no need of further IMF reform programs, given economic achievements realized by the country.

Cabinet: Egyptian economy strong despite global trade war

Mon, Jun. 17, 2019

GDP growth in the third quarter of fiscal year 2018/2019 reached 5.6 percent, alongside a rise in net foreign exchange reserves by the end of May 2019 to $44.3 billion.

CBE gov.: Some $200B injected into Egyptian banking sector

Mon, Jun. 17, 2019

Current monetary policies adopted by the US have positively reflected on the performance of the national Egyptian economy, Amer noted.

Industry Min.cancels local component manufacturing ratio in cars

Mon, Jun. 17, 2019

Under the new resolution, the local component manufacturing ratio in the automotive industry, set at 46 percent, will be abolished mid-year.

Online platform for employing disabled citizens launched

Mon, Jun. 17, 2019

The platform entitled “Majidah.org” will link people with disabilities with employers, companies, training centers and institutions, a statement elaborated.

EGX shows mixed performance Monday

Mon, Jun. 17, 2019

The benchmark EGX 30 rose 0.22 percent, or 31.12 points, to close at 14,241.21 points.