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Economy
- Service : English General
- Category : Economy
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Dollar exchange rate stable at Egypt major banks at start of transactions
Date: 2022-03-24 09:09:17 GMT - Egypt - Economy - SN:20 - ID:9486787
CAIRO, March 24 (MENA) - The US dollar exchange rate remained stable at the start of transactions on Thursday after the Central Bank of Egypt increased the interest rate by 1%. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate ....
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NBE, Banque Misr 18% saving certificates collect EGP 105 bn in 3 days
Date: 2022-03-24 08:27:00 GMT - Egypt - Economy - SN:15 - ID:9486656
CAIRO, March 24 (MENA) - National Bank of Egypt and Banque Misr announced the one-year saving certificates - with an 18% annual yield - collected about EGP 105 billion in three days. The certificates were offered on the back of an exception ....
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Egypt-Press-Headlines
Date: 2022-03-24 06:08:24 GMT - Egypt - Economy - SN:2 - ID:9486521
CAIRO, March 24 (MENA) - Following are the major headlines in Thursday's local press: -- AL AHRAM: - Economic reform saved Egypt from int'l crisis fallout * No wheat, fuel crisis..We have reserves at good level, all commodities available - ....
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Gov't gives top priority to maintaining financial stability, providing social protection to citizens - Cabinet spokesman
Date: 2022-03-23 21:11:11 GMT - Egypt - Economy - SN:119 - ID:9486430
CAIRO, March 23 (MENA) - The government gives top priority to maintaining financial stability and providing social protection to the citizens, affirmed Cabinet Spokesman Nader Saad. During a phone interview with Sada el Balad satellite channel ....
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Cabinet: Egypt reaches out to IMF for new program to boost economic reforms
Date: 2022-03-23 20:38:31 GMT - Egypt - Economy - SN:115 - ID:9486341
CAIRO, March 23 (MENA) - Egypt has applied to the International Monetary Fud (IMF) for talks about a new program intended to support the country's plans for comprehensive economic reforms, Cabinet Spokesman Nader Saad revealed Wednesday. The ....
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Egypt, Japan discuss boosting cooperation in renewable energy
Date: 2022-03-23 20:06:46 GMT - Egypt - Economy - SN:112 - ID:9486300
CAIRO, March 23 (MENA) – Electricity Minister Mohamed Shaker discussed Wednesday with senior officials from the Japan International Cooperation Agency (JIKA) means of boosting cooperation in the power and renewable energy fields. Shaker praised ....
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CBE: National instant payment network system officially launched
Date: 2022-03-23 19:33:13 GMT - Egypt - Economy - SN:109 - ID:9486205
CAIRO, March 23 (MENA) - The Central Bank of Egypt (CBE) announced Wednesday the official launch of a national instant payment network system, which allows bank customers to handle their financial transactions electronically through 'InstaPay' ....
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NBE garners over EGP 72 bln from high-yield certificates in 3 days
Date: 2022-03-23 19:23:45 GMT - Egypt - Economy - SN:105 - ID:9486297
CAIRO, March 23 (MENA) - Vice President of the National Bank of Egypt Yahia Abul Fotouh said on Wednesday the proceeds of the one-year saving certificates with a return of 18 percent amounted to LE 72 billion since it was issued three days ....
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Banque Misr garners EGP 33 bln from high-yield certificates in 3 days
Date: 2022-03-23 19:21:34 GMT - Egypt - Economy - SN:107 - ID:9486222
CAIRO, March 23 (MENA) - The Banque Misr garnered EGP 33 billion from a new high-yield savings certificate they introduced on Monday. Chairman of Banque Misr president Mohamed el Etribi told MENA on Wednesday. On Monday, the NBE and Banque ....
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IMF hails Egypt's actions to ease consequences of international economic crisis
Date: 2022-03-23 18:59:31 GMT - USA - Economy - SN:104 - ID:9486207
WASHINGTON, March 23 (MENA) – The International Monetary Fund (IMF) said on Wednesday that the recent steps taken by Egypt to expand social protection and implement exchange rate flexibility are much welcomed. In a press release, the IMF mission ....
