Business
Turkey’s Erdogan says plans 5% growth rate in 2020
September 5, 2019
Turkey’s Erdogan says plans 5% growth rate in 2020
ISTANBUL (Reuters) – President Tayyip Erdogan said Turkey would plan for economic growth of 5% in 2020 and expected interest…
US dollar prices decrease in Egyptian banks
September 5, 2019
US dollar prices decrease in Egyptian banks
US dollar prices have decreased in Egyptian banks to between LE16.46 and LE16.50 for purchase and between LE16.56 and LE16.60…
Syrian pound falls to record low as economy hit by sanctions: dealers
September 5, 2019
Syrian pound falls to record low as economy hit by sanctions: dealers
BEIRUT (Reuters) – The Syrian pound fell to a record low on the black market, driven down by lack of…
Egypt’s foreign reserves increase to $44.969 bn: CBE
September 4, 2019
Egypt’s foreign reserves increase to $44.969 bn: CBE
Egypt’s foreign reserves have increased by US$53 million to $44.969 billion in August, compared to $44.916 billion in July, the…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
September 4, 2019
Lebanon PM says accelerating reforms to rein in public debt: CNBC
BEIRUT (Reuters) – Lebanese Prime Minister Saad al-Hariri said his government would aim to cut the budget deficit to 7%…
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
September 4, 2019
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
CAIRO, Sept 3 (Reuters) – Egypt is targeting a budget deficit of 7.2 percent this fiscal year, the finance minister…
Commodity prices to remain stable despite newly announced adherence to CBE dollar exchange rates: investors
September 3, 2019
Commodity prices to remain stable despite newly announced adherence to CBE dollar exchange rates: investors
Egyptian traders and investors said on Tuesday that the prices of commodities will not change in the wake of the…
Lebanese officials declare state of economic emergency
September 3, 2019
Lebanese officials declare state of economic emergency
BEIRUT (AP) — Lebanon’s political leaders declared what they called an economic state of emergency Monday following a meeting aimed…
PM meets with ministers on stimulating foreign investment
September 2, 2019
PM meets with ministers on stimulating foreign investment
Prime Minister Mostafa Madbouly held a meeting on Monday to discuss means of stimulating foreign investment in Egypt and facilitating…
Egypt’s Ministry of Finance frees customs dollar exchange rate
September 2, 2019
Egypt’s Ministry of Finance frees customs dollar exchange rate
Egypt’s Ministry of Finance has freed the customs exchange price of the dollar on all kinds of imports subject to…