Emirates NBD Egypt posts 1.18bn pounds net profit at end-2017
Emirates NBD Egypt’s business results show that the bank achieved a net profit of EGP 1.18bn in 2017 compared to…
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growth
Egypt’s government approves FY2018/19 budgeting, eyes 5.8% GDP growth
The Egyptian government has approved the budget for financial year 2018/2019, aiming at GDP growth of 5.8…
Dollar stays firm vs yen in wake of US jobs, wages data
The dollar held firm against the yen on Monday after gaining late last week on news of higher-than-expected U.S.…
Dollar steady on mixed US jobs data, yen falls after BOJ meeting
The dollar was firm against a basket of currencies on Friday as U.S. job growth recorded its best month in over…
Egyptian external debt may exceed $87.5 bln on Eurobond sale
Egypt’s external debt could surpass $87.5 billion now, on the back of issuing Eurobonds, according to a…
Egypt’s economic growth rate registered 5.3 percent in Q2 of FY 2017/2018
Egypt’s economic growth rate registered 5.3 percent during the second quarter of the current fiscal year (FY)…
Most Asian markets advance after Wall Street’s Friday rebound; oil prices rise
Asian markets were mostly higher on Monday while oil prices edged up after recording six straight days of declines.…
Egyptian Furniture Export Council eyes 18% surge in exports, reaching $390 mln
Egyptian Furniture Export Council (EFEC) targets an 18 percent growth in its exports to register $390 million,…
CIB bank Egypt 2017 profits surge 25%
Egypt's largest listed bank, Commercial International Bank (CIB) on Thursday posted a 25 percent year-on-year surge…
Dollar holds gains after Fed, looks to data for more impetus
The dollar kept modest gains against its peers on Thursday after the Federal Reserve signaled its confidence about…