Economy

  • Service : English General
  • Category : Economy
  • 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 ....

  • Global (1): CGTN: China stresses the need to advance economic globalization amid global crisis

    Date: 2022-06-19 05:44:58 GMT - China - Economy - SN:2 - ID:9629286

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== BEIJING, June 18, 2022 /PRNewswire/ -- As the world ....

  • Petroleum min.: Gas exporting to EU agreement an official recognition of Egypt as energy global hub

    Date: 2022-06-18 22:55:25 GMT - Egypt - Economy - SN:72 - ID:9629243

    CAIRO, June 18 (MENA) - Minister of Petroleum and Mineral Resources Tarek El Molla said that the signing of the cooperation agreement in the field of trade, transport and export of natural gas between Egypt, Israel and the European Union, in the ....

  • Afreximbank achieves positive results despite global challenges, income up 15%: Maait

    Date: 2022-06-18 13:25:47 GMT - Egypt - Economy - SN:48 - ID:9628531

    CAIRO, June 18 (MENA) - The African Export-Import Bank (Afreximbank) has managed to achieve positive financial results over the past two years despite global challenges, Minister of Finance and Chairperson of Afreximbank's General Assembly Mohamed ....

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