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Economy
- Service : English General
- Category : Economy
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Banque Misr garners EGP 50 bln from high-yield saving certificates in 4 days
Date: 2022-03-24 16:15:18 GMT - Egypt - Economy - SN:65 - ID:9487914
CAIRO, March 24 (MENA) - Banque Misr garnered EGP 50 billion from new high-yield saving certificates that were put forward to clients four days ago, the bank's Board Chairman Mohamed el Atribi said in statements on Thursday. The 18% annual yield ....
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Egypt's budget deficit hit EGP 368 bln in 8 months: Finance Ministry
Date: 2022-03-24 16:05:26 GMT - Egypt - Economy - SN:63 - ID:9487776
CAIRO, March 24 (MENA) - Egypt's budget deficit hit EGP 368 billion from July 2021 to February 2022, compared to EGP 320 billion during the same period a year earlier, the Finance Ministry said in a report Thursday. The ministry stated that ....
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Exchange department: 300% increase in dollar selling rate
Date: 2022-03-24 15:50:09 GMT - Egypt - Economy - SN:62 - ID:9487472
CAIRO, March 24 (MENA) - Cairo Chamber of Commerce's Currency Exchange Department announced a 300% record increase in the selling of dollar and a hike in the selling of other foreign currencies over the past days following a decision of the National ....
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Cairo, Berlin discuss investment opportunities in Egyptian energy sector
Date: 2022-03-24 15:05:33 GMT - Egypt - Economy - SN:60 - ID:9487679
CAIRO, March 24 (MENA) – Minister of Electricity and Renewable Energy Mohamed Shaker said Egypt is cooperating with a number of German companies in various fields. Shaker added that the Egyptian electricity sector implements several projects and ....
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ITIDA head: IT sector plays key role in attracting French investments
Date: 2022-03-24 14:56:39 GMT - Egypt - Economy - SN:57 - ID:9487617
CAIRO, March 24 (MENA) - CEO of Egypt's Information Technology Industry Development Agency (ITIDA) Amr Mahfouz said the information technology (IT) sector plays a key role in luring French investments into Egypt, which enjoys an abundance of young ....
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Int'l coopertion minister lauds cooperation with Germany
Date: 2022-03-24 14:51:44 GMT - Egypt - Economy - SN:56 - ID:9487422
CAIRO, March 24 (MENA) - Minister of International Cooperation Rania el Mashat hailed Thursday Egyptian-German economic ties highlighting the fruitful bilateral cooperation that resulted in the signing of 18 financial development agreements worth ....
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Negotiations to import wheat from Argentina set for next week, says supply min.
Date: 2022-03-24 14:42:14 GMT - Egypt - Economy - SN:55 - ID:9487285
CAIRO, March 24 (MENA) - Minister of Supply and Internal Trade Ali el Moselhi revealed that he would hold negotiations with Argentina next week for importing wheat, as part of his ministry's plan to diversify the country's import sources of this ....
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Planning minister hails government's partnership with private sector, civil society
Date: 2022-03-24 14:26:44 GMT - Egypt - Economy - SN:54 - ID:9487288
CAIRO, March 24 (MENA) - Minister of Planning and Economic Development Hala el Saeed hailed the partnership among the government, the private sector and civil society, as they play an important role in achieving development. Saeed made the ....
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Transport minister discusses railway cooperation with German delegation
Date: 2022-03-24 14:14:20 GMT - Egypt - Economy - SN:52 - ID:9487591
CAIRO, March 24 (MENA) - Transport Minister Kamel el Wazir discussed Thursday means of boosting cooperation in the railways sector with Martin Herrenknecht, the Board Chairman of Herrenknecht AG, a German company that manufactures tunnel boring ....
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Egypt, France discuss transport cooperation
Date: 2022-03-24 13:48:13 GMT - Egypt - Economy - SN:50 - ID:9487597
CAIRO, March 24 (MENA) - Transport Minister Kamel el Wazir discussed on Thursday with a delegation grouping representatives of French companies and banks ways of boosting cooperation in the transport domain. The delegation included Société ....
