Category Archives: Marketing

CBE governor: Banks should utilize EGP 4 trillion worth of deposits, savings

Governor of the Central Bank of Egypt (CBE) Tarek Amer said on Monday May 4, 2020 that deposits and savings at banks, which are estimated at EGP 4 trillion, are not completely utilized.

He added that many countries use and …

Bourse gains EGP 36.9 bn in April, all indexes up

The Egyptian Exchange indices made gains of EGP 36.9 billion during April, according to the bourse’s monthly report.

The market capital reached EGP 569.8 billion, compared to EGP 532.9 billion during the previous month, recording an increase of 6.9 percent.…

Shaarway: Govt works on pushing economic wheel forward

Local Development Minister Mahmoud Shaarawy asserted that the government is working on pushing the economic wheel forward in factories and companies with full commitment to applying all the preventive measures declared by the Health Ministry.

This came on Thursday 30/4/2020 …

Cabinet’s media office statment: Govt predicts national economy to achieve 4.2 pct by end of growth rate 2020

The Egyptian government expected the national economy to achieve a growth rate of 4.2 percent by the end of the year.

If achieved, it would be one of the best growth rates worldwide.

The fresh forecast was one of proactive

Egypt bourse gains EGP 5 billion in first five minutes

The Egyptian Exchange (EGX) indexes achieved collective gains in the first five minutes of Sunday 26/4/2020 trading session prompted by purchases by Egyptian and Arab institutions and investment funds.

The purchases came following Prime Minister Moustafa Madbouli’s statements but the