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Economy
- Service : English General
- Category : Economy
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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 ....
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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 ....
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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 ....
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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 ....
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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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NBE achieves profits before tax worth EGP 66bn. in FY 2020/2021
Date: 2022-07-27 17:41:10 GMT - Egypt - Economy - SN:73 - ID:9691744
CAIRO, July 27 (MENA) - The general meeting of the National Bank of Egypt (NBE) was held at the headquarters of the Central Bank of Egypt (CBE) on Wednesday to approve the bank's financial statements for the FY ending on July 1, 2020. NBE ....
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AfDB projects 5.7% increase for Egypt’s economy in 2022
Date: 2022-07-27 17:02:54 GMT - Cote d'Ivoire - Economy - SN:70 - ID:9691555
ABIDJAN, July 27 (MENA) - The African Development Bank (AfDB) has projected that Egypt’s economy would accelerate by 5.7 percent in 2022, and 5.1 percent in 2023. In its African Economic Outlook Report, AfDB statistics revealed that Egypt was ....
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Afreximbank holds 1st African forum for trade with Caribbean states
Date: 2022-07-27 16:16:44 GMT - Egypt - Economy - SN:62 - ID:9691575
CAIRO, July 27 (MENA) - The African Export-Import Bank (Afreximbank) will hold the first African forum for trade and investment with Caribbean states in September in the Republic of Barbados. The maiden AfriCaribbean Trade and Investment Forum ....
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All EGX indices inch down on profit-taking
Date: 2022-07-27 13:32:42 GMT - Egypt - Economy - SN:46 - ID:9691211
CAIRO, July 27 (MENA) - The Egyptian Exchange (EGX) indices went down collectively at the close of Wednesday's trading, amid profit-taking sales from local and Arab institutions and investment funds. Meanwhile, selective purchases prevailed in ....
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Global (6):Munich-based metaverse company METAYO will participate in Dubai's "metaverse strategy," which is expected to bring 40,000 jobs and $4 billion to the economy within 5 years
Date: 2022-07-27 13:26:34 GMT - Germany - Economy - SN:45 - ID:9691225
Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: =================================================================================== Munich-based metaverse company METAYO will participate in ....
