Economy

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  • Category : Economy
  • Banque Misr: 18% saving certificates collect EGP 87 billion in 8 days

    Date: 2022-03-28 17:00:18 GMT - Egypt - Economy - SN:85 - ID:9494679

    CAIRO, March 28 (MENA) - Board Chairman of Banque Misr Mohamed el Atribi announced Monday that the proceeds of the one-year saving certificates with a return of 18 percent, which were launched by the bank on March 21, amounted to EGP 87 billion ....

  • Trade min. asserts importance of Egyptian, Cypriot private sectors to develop ties

    Date: 2022-03-28 16:33:30 GMT - Egypt - Economy - SN:82 - ID:9494363

    CAIRO, March 28 (MENA) - Trade and Industry Minister Nevin Gamea affirmed on Monday the importance of the role of the private sectors in Egypt and Cyprus in opening new horizons of cooperation to develop economic ties in the coming period. Gamea ....

  • Partnership deal inked between FRA, UN Women to boost gender equality

    Date: 2022-03-28 16:12:15 GMT - Egypt - Economy - SN:80 - ID:9494497

    CAIRO, March 28 (MENA) - The Financial Regulatory Authority (FRA) on Monday signed a letter of cooperation with UN Women in Egypt to agree on a long-running joint partnership aimed at boosting empowerment of women. The partnership deal also aims ....

  • Egyptian start-ups attract $491m in funding during 2021

    Date: 2022-03-28 15:53:24 GMT - Egypt - Economy - SN:79 - ID:9494247

    CAIRO, March 28 (MENA) - After four consecutive years of growth in venture capital funding, the start-up sector saw a 175% y-o-y increase in fundraising in 2021, reaching a new all-time high of $491m, according to a latest report by MAGNiTT — a ....

  • PM: Egypt counts on ties with France to secure wheat supplies

    Date: 2022-03-28 15:37:43 GMT - Egypt - Economy - SN:77 - ID:9494476

    CAIRO, March 28 (MENA) - Prime Minister Mostafa Madbouli said on Monday Egypt is keen on luring more French investments, noting he pays personal attention to overcoming any problems that face French investors in the Egyptian market. Madbouli ....

  • Shaker: EIB financial support to power projects reflects trust in Egypt's electricity sector

    Date: 2022-03-28 15:22:41 GMT - Egypt - Economy - SN:73 - ID:9494278

    CAIRO, March 28 (MENA) - Minister of Electricity and Renewable Energy Mohamed Shaker has hailed ties between Egypt and the European Investment Bank (EIB). In a statement issued by his ministry Monday after meeting with Flavia Palanza, the finance ....

  • UK trade mission visits Egypt

    Date: 2022-03-28 15:12:12 GMT - Egypt - Economy - SN:74 - ID:9494212

    CAIRO, March 28 (MENA) - A UK trade mission started on Monday a visit to Egypt, comprising 30 officials from 18 British companies. The UK-Egypt Road to Green Economy Trade Mission to Egypt, organized by the Egyptian-British Chamber of Commerce and ....

  • PM, Transport minister attend signing of MoU on metro's VI line

    Date: 2022-03-28 14:35:38 GMT - Egypt - Economy - SN:69 - ID:9494025

    CAIRO, March 28 (MENA) - Prime Minister Mostafa Madbouli and Minister of Transport Kamel el Wazir attended on Monday the signing of a memo of understanding with a consortium led by France's Alstom for modernizing the railway systems and ....

  • French min.: Macron keen to offer all forms of support to Egypt

    Date: 2022-03-28 13:59:49 GMT - Egypt - Economy - SN:64 - ID:9494280

    CAIRO, March 28 (MENA) - French Minister of the Economy and Finance Bruno Le Maire said on Monday President Emmanuel Macron and the French government are keen to support Egypt, especially after being harmed due to the hike in prices and decline in ....

  • PM attends signing declaration of intent to promote relations with France

    Date: 2022-03-28 13:56:36 GMT - Egypt - Economy - SN:63 - ID:9493934

    CAIRO, March 28 (MENA) - Prime Minister Mostafa Madbouli witnessed on Monday the signing of a declaration of intent between Egypt and France to promote economic, trade, industrial and investment relations between the two countries. The agreement ....

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