Economy

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  • Category : Economy
  • AFFORD launches initiatives to support Egypt's financial markets

    Date: 2022-06-19 17:54:03 GMT - Egypt - Economy - SN:63 - ID:9630249

    CAIRO, June 19 (MENA) - The African Foundation for Development (AFFORD) has launched initiatives to support Egypt’s efforts to apply environmental, social and sustainability governance, as well as supporting local and regional insurance companies, ....

  • Egypt to be regional hub for capital investments - CBE

    Date: 2022-06-19 17:48:19 GMT - Egypt - Economy - SN:60 - ID:9630680

    CAIRO, June 19 (MENA) - Governor of the Central Bank of Egypt (CBE) Tarek Amer said Sunday that Cairo plans to be a regional hub for capital investments and a gateway for investments in the financial technology industry at the Arab and African ....

  • Egypt, UAE explore available investment opportunities in oil, gas

    Date: 2022-06-19 14:35:34 GMT - Egypt - Economy - SN:47 - ID:9630247

    CAIRO, June 19 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla has said that his ministry agreed with Emirati Mubadala Petroleum to form a joint working group and hold a workshop in July to explore available investment ....

  • EGX indexes down at end of Sunday trading

    Date: 2022-06-19 13:55:10 GMT - Egypt - Economy - SN:45 - ID:9630289

    CAIRO, June 19 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading prompted by selling operations by foreign institutions and investment funds, against purchases of Egyptian and Arab institutions. The market ....

  • Int'l cooperation min. urges boosted cooperation with WB during Egypt presidency of COP27

    Date: 2022-06-19 13:27:05 GMT - Egypt - Economy - SN:44 - ID:9629996

    CAIRO, June 19 (MENA) – International Cooperation Minister Rania el Mashaat has stressed the importance of cooperation with the World Bank during Egypt’s presidency of the COP27. Technical cooperation is needed, together with an exchange of ....

  • Finance minister: Egypt keen on coordinating African stand toward adopting African vision in COP27

    Date: 2022-06-19 12:33:24 GMT - Egypt - Economy - SN:41 - ID:9629792

    CAIRO, June 19 (MENA) - Minister of Finance Mohamed Maait said Egypt will work during the United Nations Climate Change Conference (UNCCC) COP27 that will open in the Red Sea Resort City of Egypt in Nov. on coordinating the African stance regarding ....

  • Budget of new fiscal year exceeds EGP 3 trillion: Finance min.

    Date: 2022-06-19 12:18:48 GMT - Egypt - Economy - SN:38 - ID:9629892

    CAIRO, June 19 (MENA) - Finance Minister Mohamed Maait asserted Sunday that the budget of new fiscal year 2022-2023 exceeds EGP 3 trillion. Maait said the new budget reflects the keenness of the government to resume the development course and ....

  • Egypt seeks to increase imports of food industry inputs from Ghana

    Date: 2022-06-19 10:53:35 GMT - Egypt - Economy - SN:26 - ID:9629642

    CAIRO, June 19 (MENA) – The Food Export Council is probing the possibility of increasing Ghanaian imports to Egypt after having explored the market there. The government is seeking to up its imports of food industry inputs from Ghana that are not ....

  • Industry min. hails WTO declaration on swift response to food insecurity

    Date: 2022-06-19 09:08:46 GMT - Egypt - Economy - SN:19 - ID:9629525

    CAIRO, June 19 (MENA) - Trade and Industry Minister Nivine Gamea hailed the declaration issued by the World Trade Organization (WTO) for swift response to the food security crisis. The WTO members successfully concluded the 12th Ministerial ....

  • Dollar price stable at Egypt's major banks

    Date: 2022-06-19 09:06:43 GMT - Egypt - Economy - SN:17 - ID:9629533

    CAIRO, June 19 (MENA) - The US dollar exchange rate was stable at the beginning of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 18.71 for buying and EGP 18.77 for ....

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