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Economy
- Service : English General
- Category : Economy
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Planning min. announces new "NI Capital" fixed-income fund
Date: 2022-02-06 14:37:56 GMT - Egypt - Economy - SN:57 - ID:9403735
CAIRO, Feb 6 (MENA) - Minister of Planning and Economic Development Hala El Saeed announced that NI Capital company introduced a fund for fixed income instruments in the Egyptian pound, with a target issuance size of between EGP 50 and EGP 100 ....
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Trade Ministry stresses importance of boosting Arab socio-economic cooperation
Date: 2022-02-06 14:32:50 GMT - Egypt - Economy - SN:56 - ID:9403685
CAIRO, Feb 6 (MENA) – The Trade Ministry has stressed the importance of boosting Arab cooperation at the social and economic levels. Ibrahim el Segini, the assistant trade minister for economic affairs, said Sunday that utmost effort should be ....
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FRA, AmCham discuss luring investments to non-banking financial sector
Date: 2022-02-06 13:08:43 GMT - Egypt - Economy - SN:54 - ID:9403598
CAIRO, Feb 6 (MENA) - Chairman of the Financial Regulatory Authority (FRA) Mohammed Omran discussed in a meeting with a delegation from the American Chamber of Commerce in Egypt (AmCham Egypt) ways of luring investments to the non-banking financial ....
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Egypt’s foreign reserves increased to $40.980 bln by January-end: CBE
Date: 2022-02-06 11:46:06 GMT - Egypt - Economy - SN:48 - ID:9403485
CAIRO, Feb 6 (MENA) - Egypt’s net foreign reserves rose by 11 percent namely $46 million in January 2022 to hit $40,980 billion, the Central Bank of Egypt (NBE) said on Sunday. The CBE added that Egypt's net foreign currency reserves stood at ....
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Fitch Solutions: Egypt's petrochemicals projects enhance Egypt's position as regional hub for oil, gas
Date: 2022-02-06 09:41:09 GMT - Egypt - Economy - SN:29 - ID:9403108
CAIRO, Feb 6 (MENA) - Fitch Solutions asserted that the projects carried out in the Egyptian petrochemicals sector would enhance Cairo's resolve to be a regional hub for oil and gas trade in view of its strategic location, the Cabinet Information ....
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Dollar exchange rate stable at Egypt's major banks
Date: 2022-02-06 09:27:13 GMT - Egypt - Economy - SN:28 - ID:9403212
CAIRO, Feb 6 (MENA) - The US dollar exchange rate was stable at the start of Sunday's transactions at Egypt's major banks for the fifth consecutive month. This is attributed to economic reforms made by the Central Bank of Egypt and the support of ....
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354 trucks, 1,088 tons of goods handled at Red Sea Ports
Date: 2022-02-06 09:05:17 GMT - Egypt - Economy - SN:22 - ID:9403094
HURGHADA, Feb 6 (MENA) - The Red Sea Ports Authority (RSPA) said 354 trucks and 1,088 tons of goods were handled at the Red Sea ports over the past 24 hours. The RSPA said in a statement Sunday that the imports included 220 trucks, 26 vehicles and ....
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Petroleum min. holds first meeting in new capital
Date: 2022-02-06 09:00:49 GMT - Egypt - Economy - SN:21 - ID:9403076
CAIRO, Feb 6 (MENA) - Petroleum Minister Tarek el Molla Sunday held the first meeting at the ministry's headquarters in the New Administrative Capital (NAC) with station companies serving cars with natural gas. The meeting took up progress made ....
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Minister hails EOS's role in protecting consumers
Date: 2022-02-05 17:38:23 GMT - Egypt - Economy - SN:61 - ID:9402495
CAIRO, Feb 5 (MENA) - Trade and Industry Nevin Gamea on Saturday hailed the key role played by the Egyptian Organization for Standards & Quality (EOS) in protecting Egyptian consumers from poor quality products that do not conform to standard ....
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Petroleum minister stresses importance of expediting establishment of natural gas fuel stations in NAC
Date: 2022-02-05 14:26:24 GMT - Egypt - Economy - SN:47 - ID:9402045
CAIRO, Feb 5 (MENA) – Petroleum Minister Tarek el Molla stressed Saturday the importance of expediting the establishment of three natural gas fuel stations in the New Administrative Capital (NAC). El Molla’s remarks came during his opening of a ....
