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Economy
- Service : English General
- Category : Economy
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IMF expects global inflation to decline to 5.9%
Date: 2024-04-16 15:55:54 GMT - Egypt - Economy - SN:45 - ID:10664340
WASHINGTON, April 16 (MENA) - The International Monetary Fund (IMF) Tuesday said global inflation would decline from an annual average of 6.8% in 2023 to 5.9% in 2024 and 4.5% in 2025, with advanced economies returning to the inflation targets they ....
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FEC: Digital platform for food exports created
Date: 2024-04-16 14:17:50 GMT - Egypt - Economy - SN:39 - ID:10664165
CAIRO, April 16 (MENA) - The Food Export Council (FEC) said Tuesday a digital platform for e-commerce is being established to develop Egyptian food exports in cooperation with Distichain, a company providing digital transformation and information ....
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Bourse indexes show mixed performance
Date: 2024-04-16 13:53:26 GMT - Egypt - Economy - SN:37 - ID:10664148
CAIRO, April 16 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of Tuesday's trading session, backed by purchases by local institutions and investment funds, against sales by Arab and foreign institutions, as well as ....
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World Bank supports Solidarity & Dignity programme with USD 1.4 bln: Mashaat
Date: 2024-04-16 13:53:04 GMT - USA - Economy - SN:36 - ID:10664127
WASHINGTON, April 16 (MENA) - Minister of International Cooperation Rania el Mashaat said Tuesday the World Bank Group supports the first and second phases of Egypt's Takaful and Karama, or Solidarity and Dignity, social protection programme with ....
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Chamber of commerce in Alex, UNIDO review establishing entrepreneurship center
Date: 2024-04-16 12:54:44 GMT - Egypt - Economy - SN:34 - ID:10663992
ALEXANDRIA, Egypt, April 16 (MENA) - Chairman of the Egyptian Chamber of Commerce in Alexandria Ahmed Wakil said the chamber launched several initiatives in the field of entrepreneurship within the framework of European Union projects with major ....
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Egypt's food industries exports exceed dlrs one billion in first two months of 2024
Date: 2024-04-16 12:53:59 GMT - Egypt - Economy - SN:33 - ID:10664064
CAIRO, April 16 (MENA) - Egyptian food industries exports increased by about 35% in the first two months of 2024, reaching dlrs 1.019 billion compared to exports during the same period in 2023, which were approximately dlrs 755 million, marking the ....
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Planning min. participates in World Bank/IMF spring meetings
Date: 2024-04-16 12:26:13 GMT - Egypt - Economy - SN:32 - ID:10663990
WASHINGTON, April 16 (MENA) - Planning Minister Hala Saeed - who doubles as the Chairperson of the Sovereign Fund of Egypt - participated in the spring meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington which ....
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Maait takes part in Healthcare Financing Forum in Washington
Date: 2024-04-16 11:40:33 GMT - Egypt - Economy - SN:28 - ID:10663860
CAIRO, April 16 (MENA) - Minister of Finance and Chairman of the General Authority for Comprehensive Health Insurance Mohamed Maait is to participate Tuesday, in the "Healthcare Financing" forum held by the World Bank under the title "Investing in ....
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Dollar exchange rate stable at beginning of Tusday's transactions
Date: 2024-04-16 09:10:45 GMT - Egypt - Economy - SN:21 - ID:10663582
CAIRO, April 16 (MENA) - The dollar exchange rate was stable at the start of Tusday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 48.30 for buying and EGP 48.40 for ....
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36,000 tons of goods handled at Red Sea Ports
Date: 2024-04-16 08:23:57 GMT - Egypt - Economy - SN:14 - ID:10663510
HURGHADA, Egypt, April 16 (MENA) - About 36,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 2,000 tons of goods, 350 trucks and ....
