Economy

  • Service : English General
  • Category : Economy
  • CBE: Increase of bank loans to EGP 3.348 trillion by March

    Date: 2022-06-29 18:42:09 GMT - Egypt - Economy - SN:93 - ID:9648164

    CAIRO, June 29 (MENA) - The Central Bank of Egypt (CBE) announced an increase in the total lending balances granted by banks to their clients by EGP 172 billion to record EGP 3.348 trillion in March compared to EGP 3.176 trillion in February. The ....

  • Dates festival to be held in Aswan in October- council

    Date: 2022-06-29 18:38:29 GMT - Egypt - Economy - SN:92 - ID:9648050

    CAIRO, June 29 (MENA) – The Food Export Council said Wednesday that the International Date Palm Festival is set to be held in Aswan governorate in the beginning of October. This edition of the festival will be held in cooperation with the ....

  • EgyptAir operates 10 flights to ferry pilgrims to Saudi Arabia Thursday

    Date: 2022-06-29 18:20:19 GMT - Egypt - Economy - SN:87 - ID:9648150

    CAIRO, June 29 (MENA) - EgyptAir, the national flag carrier, will operate 10 flights carrying pilgrims to perform Hajj in Saudi Arabia on Thursday. In a statement issued Wednesday, EgyptAir said three flights will be operated to Jeddah and seven ....

  • Environment min.: Building sustainable ocean economy important for fulfilling SDGs

    Date: 2022-06-29 17:59:17 GMT - Egypt - Economy - SN:85 - ID:9647740

    CAIRO, June 29 (MENA) – Environment Minister Yasmin Fouad asserted on Wednesday that building a sustainable ocean economy is important for fulfilling the 2030 Agenda for Sustainable Development which aims at achieving global sustainable development ....

  • Dollar prices up at major Egyptian banks

    Date: 2022-06-29 17:26:01 GMT - Egypt - Economy - SN:81 - ID:9647874

    CAIRO, June 29 (MENA) - The exchange rate of the US dollar was up at the end of Wednesday’s transactions at public and privately-owned banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate recorded EGP 18.76 for buying and ....

  • CBE: Bank deposits hit EGP 6.980 trillion in March

    Date: 2022-06-29 17:12:06 GMT - Egypt - Economy - SN:80 - ID:9647934

    CAIRO, June 29 (MENA) – The Central Bank of Egypt (CBE) on Wednesday announced an increase in bank deposits by around EGP 334 billion at the end of March to reach EGP 6.980 trillion against EGP 6.646 trillion in February. Total governmental ....

  • CBE: Credit facility balances rise to EGP 3.419 trillion by end of March

    Date: 2022-06-29 17:07:07 GMT - Egypt - Economy - SN:78 - ID:9647982

    CAIRO, June 29 (MENA) - The Central Bank of Egypt (CBE) said Wednesday credit facility balances granted to bank clients rose by around EGP 515.5 billion to hit EGP 3.419 trillion in July-March of the 2021/2022 fiscal year. In its recent monthly ....

  • CBE: Domestic liquidity hits EGP 6.280 trillion by end of March

    Date: 2022-06-29 17:02:23 GMT - Egypt - Economy - SN:76 - ID:9647988

    CAIRO, June 29 (MENA) - The Central Bank of Egypt (CBE) said domestic liquidity rose by EGP 923.8 billion to register EGP 6.280 trillion, with an increase of 17.2% in July-March of the 2021/2022 fiscal year. In its report released on Wednesday, ....

  • global (10): Warwick consolidates Mayfair collection with Green Street portfolio addition

    Date: 2022-06-29 17:00:11 GMT - United Kingdom - Economy - SN:75 - ID:9648051

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== Warwick consolidates Mayfair collection with Green Street ....

  • Cabinet information center: Egypt top sugar producer in Africa

    Date: 2022-06-29 16:34:41 GMT - Egypt - Economy - SN:70 - ID:9647873

    CAIRO, June 29 (MENA) - The Cabinet's information center said Egypt occupies the first position in sugar production in Africa thanks to the interest of the government and businessmen in investing in sugar beet cultivation. This came in an ....

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