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CAPMAS: 26.7% decline in Egyptian imports during December 2016 Egyptian imports declined by 26.7% in December 2016 compared to December 2015, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The CAPMAS issued on Thursday the ... Friday 07-04-2017 12:45 AM EGX loses EGP 2.3bn at end of trading week The market capitalization of the Egyptian Exchange lost EGP 2.3bn, closing at EGP 664.32bn at the end of trading week. The total value of shares traded on the EGX reached EGP 1.7bn during ... Friday 07-04-2017 12:00 AM Finance ministry issues treasury bills worth EGP 12.75bn Egypt’s Ministry of Finance announced on Thursday that it has issued treasury bills, totaling EGP 12.75bn, according to the official website of the ministry. The ministry issued treasury bills ... Thursday 06-04-2017 10:37 PM CAPMAS to launch 2nd phase of general population census The Central Agency for Public Mobilization and Statistics (CAPMAS) will hold a press conference on Saturday to launch the second phase of the 2017 general census of population, housing, and ... Wednesday 05-04-2017 11:31 PM Egypt's parliament to discuss state budget for FY 2017/2018 Egypts parliament will discuss the state budget of the next fiscal year 2017/2018 within the coming days, amid reports to be the hugest budget in the modern history of Egypt. Al Bawaba will shed ... Wednesday 05-04-2017 09:21 PM Egypt renews energy supply contracts with Kuwait Egypts Minister of Petroleum Tarek Al-Mulla has witnessed the signing of two contract extensions to import crude oil and petroleum products for the next three years from Kuwait. The Kuwait ... Wednesday 05-04-2017 08:58 PM Ministry of trade studies launching Syrian industrial zone in Egypt The Ministry of Trade and Industry announced the government intention to establish an integrated industrial zone for Syrian industrialists in Egypt. The ministry aims to increase the amount of ... Tuesday 04-04-2017 11:45 PM US Dollar declines to EGP 17.95 during Tuesday transactions The US dollar exchange rate against the pound declined to EGP 17.95 on Tuesday, marking its lowest level over the past two weeks. The dollar exchange rates in banks maintained EGP 18 mark over the ... Tuesday 04-04-2017 09:33 PM EGX continues rise by 1.56% on Tuesday The Egyptian Stock Exchange (EGX) ended the Tuesday trading session by the rise of its main index by about 1.56%. There are high expectations of potential improvement of the market during the ... Tuesday 04-04-2017 08:09 PM Government denies intention to lift oil subsidies The government rejected Tuesday the rumors over the governmental intention to completely lift the oil subsidies provided to the Egyptian citizens, describing them as completely false. Petroleum ... Tuesday 04-04-2017 02:54 PM Egypt foreign reserves at highest since 2011 With a loan from the World Bank, the second installment of loans from IMF and AFDB the foreign reserves rise, and so does the debt. The Central Bank of Egypt stated on Sunday that the Egypt’s ... Monday 03-04-2017 02:27 PM Sisi meets with World Bank president in Washington President Abdel-Fattah al-Sisi met on Sunday with the President of World Bank (WB), Jim Yong Kim, during his visit to Washington, Youm Sabea News reported. The meeting addressed the Egyptian ... Sunday 02-04-2017 06:03 PM The Egyptian Exchange gains EGP 2.9 bln Cairo - The Egyptian Exchange (EGX) indexes went up at the close of Wednesdays trading amid purchase operations by foreign investors, as reported by MENA. The market capital gained about EGP 2.9 ... Thursday 30-03-2017 06:01 PM Egypt has the greatest real estate investment opportunities: FIABCI Cairo - According to statements said by Abdel Nasser Taha, president of the International Real Estate Federation (FIABCI), Egypt has now the greatest real estate investment opportunities in its ... Thursday 30-03-2017 05:46 PM Egypt expects inflation to start easing by December: Minister Cairo - Egypt expects inflation to start easing by the end of the year, Finance Minister Amr El-Garhy said on Thursday. "We expect the inflation rate to ease starting in November or December," he ... Thursday 30-03-2017 02:12 PM