Economy

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  • Category : Economy
  • 45.8% of Japanese firms in Egypt anticipate greater operating profit in 2022: Survey

    Date: 2022-03-06 16:26:38 GMT - Egypt - Economy - SN:54 - ID:9453918

    CAIRO, March 6 (MENA) - A recent business survey has revealed that 45.8 per cent of the Japanese companies operating in Egypt expect an increase in their operating profit during 2022. Meanwhile, 45.8 per cent of the Japanese companies operating ....

  • Closing ceremony for 2 training sessions for trainees from 18 African states held

    Date: 2022-03-06 15:58:30 GMT - Egypt - Economy - SN:53 - ID:9454031

    CAIRO, March 6 (MENA) - The Military Production Ministry held Sunday a closing ceremony for two training session on renewable energy and mechatronics, organized for trainees from 18 African countries. The training sessions, organized in ....

  • Economic growth hits all-time high in 20 years -- PM

    Date: 2022-03-06 15:37:12 GMT - Egypt - Economy - SN:49 - ID:9453910

    CAIRO, March 6 (MENA) - The financial performance indicators for the first half of the current fiscal year showed reassuring signs, Prime Minister Mostafa said. Average economic growth reached 9 per cent between July and December 2021, the ....

  • CAPMAS: Crop area up by 0.5% in 2019-2020

    Date: 2022-03-06 15:30:05 GMT - Egypt - Economy - SN:47 - ID:9453802

    CAIRO, March 6 (MENA) – The total crop-grown area in Egypt has increased by 0.5 percent, reaching about 16.3 million feddans in 2019-2020 up from 16.2 million feddans in 2018-2019. In an annual bulletin of crop areas and plant production ....

  • EGX indices show mixed performance at closing

    Date: 2022-03-06 15:16:41 GMT - Egypt - Economy - SN:46 - ID:9453848

    CAIRO, March 6 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading amid sales by foreign institutions and investment funds, against selective purchases by Egyptian and Arab institutions and ....

  • Egypt to chair AMCE Executive Bureau in Doha

    Date: 2022-03-06 13:05:23 GMT - Egypt - Economy - SN:39 - ID:9453611

    CAIRO, March 6 (MENA) - Egypt would chair the 37th meeting of the Executive Bureau of the Arab Ministerial Council of Electricity (AMCE) in the Qatari capital, Doha on March 19. The executive bureau's meeting would be followed by the 14th edition ....

  • CBE: we act to make digital banking services accessible to all segments

    Date: 2022-03-06 12:29:18 GMT - Egypt - Economy - SN:36 - ID:9453444

    CAIRO, March 6 (MENA) – The Central Bank of Egypt (CBE) is acting to make digital banking services accessible to all segments of society, said Sub-Governor for Payment Systems Ayman Hussein Sunday. This is part of a national strategy for ....

  • Gamea: Sewedy to chair Egyptian-Algerian business council

    Date: 2022-03-06 10:05:42 GMT - Egypt - Economy - SN:22 - ID:9453205

    CAIRO, March 6 (MENA) - Trade and Industry Minister Nivine Gamea issued a decision to have Ahmed El Sewedy, CEO of El Sewedy Electric, chair the Egyptian side at the Egyptian-Algerian Business Council. In a statement on Sunday, Gamea said Sewedy ....

  • Dollar prices stable at Egypt's major banks

    Date: 2022-03-06 09:07:46 GMT - Egypt - Economy - SN:17 - ID:9453141

    CAIRO, March 6 (MENA) - The US dollar exchange rate was stable on Sunday during early transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording EGP 15.64 for buying and ....

  • Egypt, EBRD sign MoU for assessing hydrogen economies

    Date: 2022-03-06 08:22:30 GMT - Egypt - Economy - SN:14 - ID:9453062

    CAIRO, March 6 (MENA) - The ministries of petroleum and electricity signed a memorandum of understanding with the European Bank for Reconstruction and Development (EBRD) for assessing low-carbon hydrogen economies in Egypt. In a statement on ....

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