Economy
- Service : English General
- Category : Economy
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Luring investments presidential priority to achieve goals, finance minister says
Date: 2022-06-27 17:25:14 GMT - Egypt - Economy - SN:78 - ID:9644117
CAIRO, June 27 (MENA) - Finance Minister Mohamed Maait said attracting local and foreign investments is a top presidential priority to achieve economic and developmental goals amid a growing array of global economic challenges. Such challenges ....
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Global (4): Huawei Holds LATAM ICT Congress 2022 to Light up Digital LATAM with MBB
Date: 2022-06-27 15:43:27 GMT - Mexico - Economy - SN:66 - ID:9644062
Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ======================================================================== Huawei Holds LATAM ICT Congress 2022 to Light up Digital LATAM with ....
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PM: Gov't pays great attention to developing auto industry
Date: 2022-06-27 15:00:06 GMT - Egypt - Economy - SN:62 - ID:9643843
CAIRO, June 27 (MENA) - Prime Minister Moustafa Madbouli asserted the government is paying greater attention to developing and strengthening the auto industry in the country. The premier commended - while chairing a meeting Monday - the launch ....
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Finance Ministry: Egypt's expenditures increased by 11.2% in 11 months
Date: 2022-06-27 14:45:13 GMT - Egypt - Economy - SN:59 - ID:9643747
CAIRO, June 27 (MENA) - Total expenditures in Egypt's state budget increased by 11.2 percent to hit EGP 1.47 trillion during the period from July, 2021, till May, 2022, compared with EGP 1.32 trillion in the same period of the previous year. In a ....
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Egyptian economy more resilient to external shocks: Planning minister
Date: 2022-06-27 14:29:11 GMT - Egypt - Economy - SN:57 - ID:9643582
CAIRO, June 27 (MENA) - Thanks to the government's economic reform program, Egypt's economy has become more resilient to internal as well as external shocks, affirmed Planning and Economic Development Minister Hala El Said. Egypt has made rapid ....
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Egypt sees EGP 436.6bn budget deficit in 11 months: Finance Ministry
Date: 2022-06-27 14:21:47 GMT - Egypt - Economy - SN:54 - ID:9643607
CAIRO, June 27 (MENA) - Egypt's budget deficit hit EGP 436.6 billion during the first eleven months of fiscal year (FY) 2021/2022, representing 5.5% of gross domestic product (GDP), compared to EGP 412.9 billion during the same period a year ....
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All EGX indices down, benchmark declines 1.9 pct
Date: 2022-06-27 14:10:06 GMT - Egypt - Economy - SN:51 - ID:9643698
CAIRO, June 27 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Monday's trading amid sales by Arab and foreign investors. The market capital recorded EGP 623.7 billion after transactions totaled nearly EGP 4.7 ....
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CBE: Digital financial transactions hit EGP 6.5 trillion last year
Date: 2022-06-27 14:09:07 GMT - Egypt - Economy - SN:50 - ID:9643696
CAIRO, June 27 (MENA) - Assistant Sub-Governor of the Central Bank of Egypt (CBE) Ehab Nasr said on Monday that the banking system implemented financial transactions worth EGP 6.5 trillion by the end of 2021, compared to 4 trillion in 2020. Such ....
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PM chairs 1st meeting of Higher Committee for Competitive Neutrality
Date: 2022-06-27 14:04:54 GMT - Egypt - Economy - SN:49 - ID:9643639
CAIRO, June 27 (MENA) - Prime Minister Moustafa Madbouli Monday chaired the first meeting of the Higher Committee for Competitive Neutrality with several ministers and senior state officials attending. During the meeting, Madbouli asserted the ....
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Tax revenues record EGP 816 billion in 11 months - Finance Ministry
Date: 2022-06-27 13:24:20 GMT - Egypt - Economy - SN:45 - ID:9643609
CAIRO, June 27 (MENA) - Egypt’s tax revenues from July, 2021 to May, 2022 jumped to EGP 816 billion from EGP 702 billion in the same period of the previous fiscal year, said the Ministry of Finance in a report Monday. The ministry said that tax ....