17 February 2019 08:31 PM
Plans to make New Administrative Capital 1st Egyptian cashless city

Egypt plans to make the New Administration Capital the first cashless city in the country, as part of the country’s endeavor to support the financial inclusion.

Bourse gains EGP 11.5 bln, all indexes up

The Egyptian Exchange (EGX) gained 11.5 billion pounds this week as the market capital went up 1.4 percent to 827.5 billion pounds compared to 816 billion pounds in the previous week.

CAPMAS: Unemployment rate declines %8.9 in 4th quarter of 2018

The Central Agency for Public Mobilization and Statistics (CAPMAS) has said the jobless rate declined in last quarter of 2018 to 8.9 percent of the workforce compared to 10 percent in the third quarter of the same year.

CBE cuts interest rates by 100 bps

The Central Bank of Egypt (CBE) decided Thursday 14/02/2019 to cut the interest rates by a percent point.

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