Economy

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  • Category : Economy
  • Local development fund’s loans increased to EGP60,000 – Min.

    Date: 2022-07-28 09:45:40 GMT - Egypt - Economy - SN:33 - ID:9692358

    CAIRO, July 28 (MENA) – Minister of Local Development Mahmoud Shaarawy said the maximum rate of loans of the Local Development Fund has been increased to EGP 60,000. The ministry said in a statement on Thursday that procedures have been ....

  • Dollar prices stable at Egypt's major banks

    Date: 2022-07-28 09:04:00 GMT - Egypt - Economy - SN:29 - ID:9692286

    CAIRO, July 28 (MENA) - The US dollar exchange rate was stable at the beginning of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 18.89 for buying and EGP 18.95 ....

  • Global (3): Casio to Release Full-Metal G-SHOCK Watches with Octagonal Bezel

    Date: 2022-07-28 08:28:15 GMT - Japan - Economy - SN:22 - ID:9692291

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ====================================================================== Casio to Release Full-Metal G-SHOCK Watches with Octagonal ....

  • Global (2): Casio to Release PRO TREK with Biomass Plastics and Dual-Layer LCD

    Date: 2022-07-28 08:25:34 GMT - Japan - Economy - SN:20 - ID:9692280

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ====================================================================== Casio to Release PRO TREK with Biomass Plastics and Dual-Layer ....

  • Global (1): CGTN: 20th CPC National Congress to set China's main tasks in next 5 years

    Date: 2022-07-28 08:05:57 GMT - China - Economy - SN:17 - ID:9692236

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ====================================================================== BEIJING, July 28, 2022 /PRNewswire/ -- The 20th National Congress of ....

  • PM: Sisi follows up gov't efforts to turn SCZone into regional green hydrogen hub

    Date: 2022-07-27 20:56:56 GMT - Egypt - Economy - SN:87 - ID:9691806

    CAIRO, July 27 (MENA) - Egypt adopts a vision for transforming the Suez Canal Zone into a leading regional hub for green energy industries, Prime Minister Mostafa Madbouli said, noting that President Abdel Fattah El Sisi is regularly following up ....

  • Fed raises rates by 0.75 points for second month in a row

    Date: 2022-07-27 18:36:42 GMT - USA - Economy - SN:78 - ID:9691832

    WASHINGTON, July 27 (MENA) - The Federal Reserve raised its benchmark policy rate by 0.75 percentage points for the second month in a row on Wednesday as it doubled down on its aggressive approach to taming soaring inflation despite early signs the ....

  • Banque Misr achieves profits before tax worth EGP 42.6bn. in FY 2020/2021

    Date: 2022-07-27 18:33:21 GMT - Egypt - Economy - SN:77 - ID:9691825

    CAIRO, July 27 (MENA) - Financial indicators showed that Banque Misr achieved net profit before tax of EGP 42.6 bn. and net profit after tax of EGP 23.5bn, according to a statement issued by the bank on Wednesday. The bank paid taxes of EGP ....

  • PM witnesses signing of MoU for constructing green hydrogen plant

    Date: 2022-07-27 18:21:40 GMT - Egypt - Economy - SN:75 - ID:9691625

    CAIRO, July 27 (MENA) – Prime Minister Moustafa Madbouli witnessed Wednesday the signing of MoU to start a feasibility study to construct a new green hydrogen plant. With eight billion dollars worth of investments, the new plant’s production ....

  • Two Egyptian commercial missions to head for Iraq, Saudi Arabia in mid 2022

    Date: 2022-07-27 17:54:28 GMT - Egypt - Economy - SN:74 - ID:9691769

    CAIRO, July 27 (MENA) - Two Egyptian commercial missions will be sent by the Food Export Council to Iraq and Saudi Arabia in the second half of 2022, said Tamim el Dawi, vice executive director of the council, said Wednesday. Coordination is ....

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