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A record rise in annual Suez Canal revenues

Abu Dhabi Media 17 \ 06 \ 2017 Suez Canal revenues in Egypt rose 11.5 percent to a record $ 5.585 billion in fiscal year 2017-2018. According to a statement published on the Suez Canal Authority website, the previous year’s revenues were $ 5.008 billion, Reuters reported. Channel Chairman Mehab …

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The Egyptian Stock Exchange closed all indices higher

Media In – Cairo – Saleh Ali – June 14, 2018 The Egyptian Stock Exchange ended its session yesterday with all its indices closing, closing its market capitalization at 903.874 billion pounds. And made a profit of 1.3 billion pounds, supported by purchases by foreign investors. Egyptian and Arab investors …

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Egypt achieved the highest growth rate in seven years

Media In – Cairo – 11 June 2018 Egypt achieved the highest economic growth rate in seven years, registering 5.4% and close to the emerging economies which achieved 6.8 in India and China. The Ministry of Planning, Follow-up and Administrative Reform revealed that the growth rate during the first nine …

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