Egypt money supply tipped 6.7% last year-continued

February 01, 2012--The Egyptian central bank has said the country’s M2 money supply rose by 6.7% in the year to the end of December, Reuters has reported.
Money supply was EGP1,039bn ($172.26bn), up from EGP1,032bn at the end of November and EGP974bn at the end of December 2010. M2 is a category of money supply that includes general use in addition to all time-related deposits, savings deposits, and non-institutional money-market funds.

Source: AME Info


Middle East ETP News
Egypt falls on security worries; Saudi market flat
July 2, 2015--Egypt market slid 0.5 per cent to 8,333 points while Saudi index edged down 0.1 per cent.
read more
Egypt's Economic Growth Slows to Three PCT in Third Quarter of Past Fiscal Year
July 2, 2015--Egypt's gross domestic product growth dropped to 3 percent during the third quarter of the fiscal year 2014/2015,
read more
Dubai and Saudi Arabia's stock indices drop after Kuwait terrorist attack
July 1, 2015--Dubai's index dropped by 2.1 per cent at 4,055.97,
read more
Saudi rebounds slightly, Egypt stays weak
June 24, 2015--The market opened to direct foreign investment on June 15 but inflows since then have been minimal and the latest exchange data
read more
IMF-Israel: Concluding Statement of the 2015 Article IV Consultation
June 24, 2015--1. Israel's economy is performing well. This is visible in GDP growth-Israel has not had the sharp post-crisis slowdown that many other countries have experienced. It is also visible in employment creation-since 2007, employment has grown from 59 percent of the working age population ratio to 68 percent.
read more
Oil prices stable as strong fuel demand meets high production
June 23, 2015--JP Morgan said in its weekly oil research note that U.S. production had posted a new high this week
read more
Abu Dhabi non-oil trade hits AED42 billion in Q1
Highest value reported in January with AED14.8bn
June 22, 2015--The value of Abu Dhabi's non-oil trade shot up by 20 per cent in the first quarter of the current year to AED42 billion, according to government data.
read more
Saudi Arabia opens stock exchange to foreign investors
June 21, 2015--Despite numerous restrictions, the future for the
read more
Egypt: Industry Minister-Egypt Open to Fdis
June 21, 2015-Egypt is open to and welcomes foreign direct investments (FDIs) in development projects
read more
Saudi Arabia imports 31.4 million barrels of gasoline in 2014
Nation is world's largest oil exporter but consumes 15 to 25 per cent more gasoline than it produces
June 19, 2015--Saudi Arabia, the world's largest oil exporter, imported 31.4 million barrels of gasoline in 2014 to meet a rising demand at home, a report reveals.
read more
UAE's financial markets top Arab markets on MSCI
June 17, 2015--Investments travelling from UAE markets to Saudi market unlikely.
read more
Dubai pulls back after speculative rally
June 11, 2015--Widespread profit-taking dragged Dubai's stock market lower in early trade on Thursday after oil prices slipped, while other Gulf bourses were narrowly mixed.
read more
Qatar cuts forecast for GDP growth in 2015 expecting deficit in 2016
June 10, 2015--"Oil prices continue to pose a significant risk to economic outlook"-Ministry
read more
Egypt eyes 4.5 per cent GDP growth in current fiscal year
June 10, 2015--Government's current strategy plans on removing all hindrances at stock market
read more
Gulf markets may move sideways, lacking catalysts
June 9, 2015--Oil staged its first rally in three days on Friday, gaining 2 percent, despite warnings of more oversupply as a result of OPEC's decision to keep pumping crude without restraint.
read more
Gulf markets slip but Dubai's Amlak surges again
June 4, 2015--Major Gulf stock markets edged down in early trade on Thursday after oil prices declined and the United States said it was investigating Qatar's winning bid for the 2022 soccer World Cup, but Dubai mortgage firm Amlak Finance surged in heavy trade.
read more
IMF Staff Completes 2015 Article IV Mission to the United Arab Emirates
June 4, 2015--The outlook for economic activity is expected to moderate with non-hydrocarbon growth projected at 3.4 percent in 2015 amid lower oil prices and an appreciation of the real effective exchange rate.
read more
Saudi Stock Exchange activity slows
June 4, 2015--Index falls as Tadawul prepares for foreign investors.
read more
Saudi Arabia slips as oil falls; Egypt also soft
June 4, 2015--The main Saudi stock index edged down 0.2 percent as most blue chips declined.
read more