ar
en
fr
Economy
- Service : English
- Category : Economy
-
Egyptian expats remit $27.1 bn in 11 months - CBE
Date: 2021-02-02 07:08:51 GMT - Egypt - Economy - SN:4 - ID:8779565
The Central Bank of Egypt (CBE) announced on Monday that the period from January to November 2020 witnessed an increase in the total remittances of Egyptians abroad by $2.9 billion, at a rate of 11.9%, reaching $27.1 billion compared to $24.2 ....
-
Food Export Council: Dry, green beans excluded from export bean ban
Date: 2021-01-31 09:44:53 GMT - Egypt - Economy - SN:2 - ID:8776813
Food Export Council said dry beans and canned green fava beans are excluded from ministerial decision No.13 for the Year 2021 on beans exportation ban. A statement issued by the council Sunday said the decision came to mitigate financial ....
-
Planning minister announces launch of IPOs of NI Capital
Date: 2021-01-10 11:15:24 GMT - Egypt - Economy - SN:2 - ID:8745959
Planning Minister Hala el Saeid has announced the launch of initial public offerings (IPOs) of NI Capital, an investment arm of the National Investment Bank, whose board she also chairs. The IPOs start from a minimum of 1,000 pounds with no ....
-
Agriculture minister in talks over increasing agricultural production
Date: 2021-01-10 09:26:51 GMT - Egypt - Economy - SN:1 - ID:8745755
Agriculture Minister El Sayed Quseir held on Sunday an expanded meeting with the leaderships of the ministry to discuss the implementation of the ministry's plan to increase agricultural production. The meeting tackled mechanisms aiming at ....
-
CBE governor: 287 natural gas fuel stations to be established at EGP 5.3 bn
Date: 2021-01-05 07:25:00 GMT - Egypt - Economy - SN:5 - ID:8739407
Governor of the Central Bank of Egypt (CBE) Tarek Amer said about 287 natural gas fuel stations will be established at a total cost of EGP 5.330 billion. During the first exhibition for the vehicles' clean energy conversion and replacement ....
-
US dollar loses 12 piasters against Egyptian pound in October
Date: 2020-10-16 22:50:18 GMT - Egypt - Economy - SN:2 - ID:8631105
The US dollar has lost 12 piasters against the Egyptian pound in October, the local currency has been boosted by positive economic news and the return of the foreign inflows into the Egyptian market. At the Arab African International Bank, CIB, ....
-
CBE announces setting up EgyCash company for money transfer
Date: 2020-10-10 22:29:18 GMT - Egypt - Economy - SN:5 - ID:8622946
The Central Bank of Egypt announced on Saturday setting up EgyCash company for technological solutions of monetary dealing. In press statements, company chairman Hani Omar said that the establishment of the company comes within the framework of a ....
-
Finance minister: Egypt seeks increasing cooperation with S. Korea
Date: 2020-09-01 09:14:09 GMT - Egypt - Economy - SN:6 - ID:8569569
c said on Tuesday that the government is keen on increasing foreign investments in Egypt especially the Korean investments. At a meeting with the new South Korean Ambassador Hong Jin-Wook, Maait added that the government is working to remove all ....
-
EGX gains EGP 45.4 bn in August
Date: 2020-09-01 06:36:23 GMT - Egypt - Economy - SN:1 - ID:8569345
The Egyptian Exchange (EGX) gained EGP 54.4 billion during August trading. The market capital hit EGP 360.9 billion in August, marking a 7.8 percent rise in comparison with July. The EGX 30 benchmark index went up by 7.23 percent to register ....
-
State budget for FY 2020/21 targets completing path of human capital capacity building: minister
Date: 2020-08-08 16:34:40 GMT - Egypt - Economy - SN:1 - ID:8538650
Finance Minister Mohamed Maait said the state budget for the 2020/2021 fiscal year targets completing the path of human capital capacity building at the health, educational and social levels in a way that goes in line with the political leadership's ....
