ar
en
fr
Economy
- Service : English General
- Category : Economy
-
Finance minister: EGP 67.3 bn additional social protection package to be disbursed as of Nov.
Date: 2022-10-27 13:05:31 GMT - Egypt - Economy - SN:36 - ID:9844584
CAIRO, Oct 27 (MENA) - Finance Minister Mohamed Maait on Thursday said around EGP 67.3 billion has been allocated for disbursing an additional social protection package as of next month. He added the package comes as part of directives issued by ....
-
Global (5): With Top-Notch Innovation and Technologies, Hisense Aims to Be Costumers' Perfect Companion to the FIFA World Cup Qatar 2022™
Date: 2022-10-27 12:39:27 GMT - China - Economy - SN:35 - ID:9844727
Dear subscribers, following is a global bulletin published for PRNewswire: =============================================================== QINGDAO, China, Oct. 27, 2022 /PRNewswire/ -- In the past decades, Hisense, a global home appliance and ....
-
Gov't: Reaching agreement with IMF on dlrs 3 bn loan
Date: 2022-10-27 12:39:02 GMT - Egypt - Economy - SN:34 - ID:9844523
CAIRO, Oct 27 (MENA) - The Egyptian government said an agreement was reached with the International Monetary Fund (IMF) at the experts level with regard to the Egyptian national economic reform program for four years. In December 2022, the IMF ....
-
Egypt, IMF reach deal on new program: PM 2 last Cairo
Date: 2022-10-27 12:25:23 GMT - Egypt - Economy - SN:33 - ID:9844532
Several phases of negotiations were held prior to reaching a new deal with the International Monetary Fund (IMF), affirmed the prime minister. Egypt successfully managed to reach the agreement at the expert level, added the premier. This ....
-
ECAHT, GIZ Egypt sign cooperation protocol
Date: 2022-10-27 12:00:34 GMT - Egypt - Economy - SN:31 - ID:9844249
CAIRO, Oct 27 (MENA) - The Chamber of Apparel and Home Textile Industries (ECAHT) of the Federation of Egyptian Industries (FEI) signed a cooperation protocol with Job Partnerships and SME Promotion in Egypt (JP-SME), affiliated with GIZ ....
-
Egypt's deal with IMF to enhance ability to withstand external shocks: CBE governor
Date: 2022-10-27 11:55:05 GMT - Egypt - Economy - SN:30 - ID:9844390
CAIRO, Oct 27 (MENA) - The deal reached with the International Monetary Fund (IMF) will undoubtedly help Egypt restore macroeconomic stability and enhance its ability to absorb external shocks, that have recently increased at the global level, ....
-
IMF announces reaching $ 3bln funding deal with Egypt
Date: 2022-10-27 11:40:10 GMT - Egypt - Economy - SN:29 - ID:9844332
CAIRO, Oct 27 (MENA) - Head of Mission of the International Monetary Fund (IMF) in Egypt Ivana Holler announced Thursday the Fund has reached a $ 3 billion funding deal with Egypt. The deal aims to finance budget and provide financing for ....
-
Financial policy with IMF focuses on reducing gov't debts to less than 80% - Maait
Date: 2022-10-27 11:29:16 GMT - Egypt - Economy - SN:27 - ID:9844325
CAIRO, Oct 27 (MENA) - Finance Minister Mohamed Maait said the financial policy with the International Monetary Fund (IMF) focuses on reducing government debts to less than 80% of Gross Domestic Product (GDP). Maait said at a press conference ....
-
CBE raises exception limit of documentary credit of imported shipments to 500,000 dollars
Date: 2022-10-27 10:50:46 GMT - Egypt - Economy - SN:23 - ID:9844199
CAIRO, Oct 27 (MENA) - The Central Bank of Egypt (CBE) announced raising the exception limit of documentary credit of imported shipments to 500,000 dollars instead of 5,000 dollars. In a periodic letter sent to the banks on Thursday, the CBE said ....
-
Banks allowed to conduct FX forwards: CBE
Date: 2022-10-27 10:37:11 GMT - Egypt - Economy - SN:20 - ID:9844102
CAIRO, Oct 27 (MENA) - Banks are allowed to conduct foreign exchange forwards (FX forward) for companies only to cover their commercial operations through the bank, the Central Bank of Egypt said. In a letter sent to the banks on Thursday, the ....
