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Economy
- Service : English General
- Category : Economy
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SODIC signs EGP 4.14bn syndicated facility with Banque Misr, CIB to finance New Zayed project
Date: 2024-09-09 18:08:33 GMT - Egypt - Economy - SN:69 - ID:10863537
CAIRO, Sept 9 (MENA) - Real estate developer SODIC announced Monday the signing of a long-term syndicated facility worth EGP 4.14bn with Banque Misr and the Commercial International Bank (CIB) to finance the development of SODIC’s 464-feddan project ....
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PM follows up EEIGA's activation measures in Africa
Date: 2024-09-09 17:22:51 GMT - Egypt - Economy - SN:65 - ID:10863746
CAIRO, Sept 8 (MENA) - Prime Minister Mostafa Madbouli reviewed Monday the activation measures of the Egyptian Export and Investment Guarantee Agency (EEIGA) in Africa during a meeting on Monday with Minister of Finance Ahmed Kouchouk and a host of ....
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Banque Misr allows customers traveling abroad to exchange foreign currency till $5,000
Date: 2024-09-09 16:59:14 GMT - Egypt - Economy - SN:62 - ID:10863562
CAIRO, Sept 9 (MENA) - Banque Misr announced it will allow customers traveling abroad to exchange any foreign currency till USD 5,000. In a statement released on Monday, the bank said it raised the limits of credit cards in foreign currency for ....
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NBE increases sale of foreign currency for traveling customers to $5,000
Date: 2024-09-09 16:18:41 GMT - Egypt - Economy - SN:55 - ID:10863531
CAIRO, Sept 9 (MENA) - The National Bank of Egypt (NBE) decided to increase the sale of foreign currency for customers traveling abroad to USD 5,000. In a statement released on Monday, the NBE announced that is also raised the limits of credit ....
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Egypt's bourse shows mixed performance at close of Monday's trading
Date: 2024-09-09 15:55:27 GMT - Egypt - Economy - SN:50 - ID:10863671
CAIRO, Sept 9 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Monday's trading session, amid anticipation of news regarding the economy, companies' performance and expected acquisition deals in the market. The ....
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Electricity min. discusses with China's CEE chairman local manufacturing
Date: 2024-09-09 15:37:01 GMT - Egypt - Economy - SN:48 - ID:10863287
CAIRO, Sept 9 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat discussed with the chairman of China Electric Equipment Company (CEE) strengthening cooperation in the fields of local manufacturing, pumped storage technology, in ....
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Labor min.: Egypt gives top priority to human capital development
Date: 2024-09-09 13:25:03 GMT - Egypt - Economy - SN:39 - ID:10863303
CAIRO, Sept 9 (MENA) - Labor Minister Mohamed Gobran Monday said Egypt attaches great importance to the development of human capital, in line with the government program that aims at building the human capacities and ensure people's welfare. ....
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EDA spokesman: We are keen on providing investment incentives for localizing drug manufacturing industries
Date: 2024-09-09 12:34:35 GMT - Egypt - Economy - SN:35 - ID:10863202
CAIRO, Sept 9 (MENA) - Spokesman for the Egyptian Drug Authority (EDA) Dr. Yasin Ragaey said the authority is keen on providing investment incentives to support the local manufacture of medicines and make best use of advanced technology in this key ....
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CBE announces 87% upsurge in remittances from Egyptians working abroad last July, to reach dlrs 3 bn
Date: 2024-09-09 11:29:05 GMT - Egypt - Economy - SN:29 - ID:10863022
CAIRO, Sept 9 (MENA) - The Central Bank of Egypt (CBE) announced Monday a surge in remittances from Egyptians working abroad during the month of July 2024 - for the fifth month in a row - at a rate of 86.8% to record about dlrs 3 billion compared to ....
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Cabinet says cultivated lands up in 2024 to 10 million feddans
Date: 2024-09-09 10:59:03 GMT - Egypt - Economy - SN:23 - ID:10863025
CAIRO, Sept 9 (MENA) - The Cabinet media center has said that the state spares no effort to achieve agricultural development as it adopted an integrated approach to increase farmlands across the country. In a report Monday, the center said the ....
