Egypt’s business digest Oct. 21: 27.4 mln use internet via mobile phones in Egypt – CAPMAS report

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Yields rose at Egypt’s six-month, one-year T-bill auction – REUTERS

(REUTERS): Yields on Egypt’s six-month and one-year treasury bills rose at an auction on Thursday, data from the central bank showed.

The average yield on the 182-day bill inched up to 15.873 percent from 15.800 percent at the last auction, on Oct. 13, and the yield on the 357-day bill also rose to 16.503 percent from 16.442 percent at the last similar auction.


EGX30 declines by 2.68% during last week sessions

The main Egyptian Stock Exchange index (EGX 30) has witnessed a decline by 2.68 percent and EGX70 by 3.03 percent during last week’s transactions, Youm7 reported.

EGX100 decreased by 1.47 percent as well as EGX20 declined by 3.56 percent.


27.4 mln use internet via mobile phones in Egypt: CAPMAS report

The total number of users of internet service via mobile phones in Egypt rose to 27.4 million in June 2016, compared to 24.1 million in June 2015, announced a report by the Central Agency for Public Mobilization and Statistics (CAPMAS.)

The report said that the number of internet users via USB modem reached 3.4 million subscribers in 2016, while last year, around 4.1 million subscribed.

A total of 96.2 million have subscribed to mobile phone service in June 2016, after the figure reached 95.1 million subscriptions last year, according to the report.


14.6 feddans of Egypt’s potatoes crop ‘free of brown rot’: Ministry report

Egypt has 14.6K feddans of potatoes free of brown rot out of a total 521.7K feddans of the crop across the country, announced the Ministry of Agriculture.

The ministry examined some 17.7K samples of potatoes out of a total 452.5K tons meant to be exported abroad.


USD exchange rate reaches 8.83 EGP Friday

The USD exchange rate has been stable against the Egyptian Pound, where it reached Friday 8.88 EGP for sale and 8.83 for purchase, according to Youm7. Euro exchange rate reached 9.69 EGP for purchase and 9.79 EGP for sale.

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