Trade News
-
28.5% of Egyptian banks provide mobile banking
Banks allow use of applications by clients and non-clients to check accounts, keep track of exchange rates and currency conversion.
-
Egypt: CBE - Foreign Exchange Reserves Up By U.S. $97 Million in January
Egypt has recently been implementing new policies to revive the economy.
-
Egypt: Economic conference to market Egypt’s image abroad
Fahmi:the conference is a reassurance to the world that Egypt is on the right track.
-
Business Women of Egypt 21 Association to hold economic conference
150 businesswomen from 16 countries will be participating from 7th to 11th February 2015.
-
France and Egypt negotiating Rafale fighter jet deal
Les Echos daily said the two countries were close to finalizing a deal for 24 jets and a naval frigate worth 5 to 6 billion euros.
-
Egypt's foreign reserves rise to $15.43 bln at end-Jan: central bank
Reserves suffered severely after the 2011 revolution
-
Egypt might set LE20.000 ceiling for non-bank cash exchange
The high cash exchange can harm the economy
-
1H of FY 2014/2015 sees tax revenue rise, decreasing budget deficit growth: Finance ministry
Financial grants recorded EGP 7.8bn in 1H FY 2014/2015 compared to EGP 36.8bn in 1H FY 2013/2014.
-
Putin to visit Egypt on February 9-10
The recent years have witnessed improving relations between the two countries.
-
Surplus in Egypt-Algeria trade balance in Egypt’s favour
The surplus is equivalent to approximately $43m, where in 2013 trade balance recorded a deficit of $ 89.9m.
-
Egypt's Market at highest in 6 ½ years on Pound devaluation
The Central Bank attempts to end black market by narrowing gap between official and unofficial exchange rate.
-
Gulf States To Deposit $10bn In Egypt Before Conference
Saudi Arabia, Kuwait and the UAE gave Egypt more than $12 billion in aid after former President Mohamed Mursi was toppled in 2013.
-
Germany to allocate Є100m development cooperation to Egypt: Ambassador
German companies need additional information about the investment climate from the Egyptian government to determine their position in participating in the economic summit: Hansjörg Haber
-
Egypt's Qalaa sells 80 pct stake in investment bank Pharos
Qalaa narrowing its focus on energy, transport, agrifoods, mining and cement and has been gradually divesting holdings outside of that core
-
Output and new orders of private companies decline: HSBC
Lower demand contributed to output, the bank stated.
-
Study: Egyptians lowest on life satisfaction and hope for the future
Pew survey: Egyptians tend to be among the least satisfied with every aspect of life asked about.
-
Egypt's central bank governor sees currency black market ending "soon"
The bank's moves to narrow the gap between the official and black market rates begin to bear fruit.
-
IDB unit extends Islamic reinsurance for Apache's Egypt projects
$80 million worth of sharia-compliant reinsurance to cover political risk for oil and gas projects in Egypt.
-
Egypt to present 30 investment projects worth $20bn at Economic Summit: Investment minister
Egypt will continue to develop despite the insistence of certain parties to cause devastation, says PM.
-
Egypt: Central Bank to auction $856.3m in treasury bills
The Treasury bills are scheduled to be offered in two installments.