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Economy
- Service : English General
- Category : Economy
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Finance Minister says govt acting for private sector to lead economy
Date: 2024-04-17 10:29:58 GMT - Egypt - Economy - SN:14 - ID:10665107
CAIRO, April 17 (MENA) – Finance Minister Mohamed Ma’eit said Wednesday that the government is strongly acting to support the private sector in lead the Egyptian economy. The plan is for the private sector to seize more than 70 percent of the ....
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Dollar exchange rate stable at beginning of Wednesday's transactions
Date: 2024-04-17 08:33:09 GMT - Egypt - Economy - SN:11 - ID:10665000
CAIRO, April 17 (MENA) - The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 48.50 for buying and EGP 48.60 for ....
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Mashaat: Egypt, Japan annual policy dialogue to be held in second half of 2024
Date: 2024-04-16 18:44:40 GMT - Egypt - Economy - SN:61 - ID:10664572
CAIRO, April 16 (MENA) - Minister of International Cooperation Rania el-Mashaat said Tuesday the annual Egyptian-Japanese policy dialogue is scheduled to be held in the second half of this year. This came at the beginning of her participation in ....
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Egypt purchases 120,000 tons of Ukrainian wheat
Date: 2024-04-16 18:11:18 GMT - Egypt - Economy - SN:57 - ID:10664624
CAIRO, April 16 (MENA) - The General Authority for Supply Commodities (GASC) has signed a contract to buy 120,000 tons of Ukrainian wheat through an international tender. The move is part of GASC's strategy to augment its stock of basic ....
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IMF raises expectations for Egyptian economy growth in 2025
Date: 2024-04-16 16:05:43 GMT - Egypt - Economy - SN:48 - ID:10664336
WASHINGTON, April 16 (MENA) - The International Monetary Fund (IMF) raised its growth forecast for the Egyptian economy to 4.4% in 2025 against 3%. In the Global Growth Prospects issued Tuesday, the IMF expected the inflation rate to decrease to ....
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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 ....
