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Economy
- Service : English General
- Category : Economy
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Finance ministry auctions T-bills worth EGP 60 bln
Date: 2024-09-08 18:17:16 GMT - Egypt - Economy - SN:60 - ID:10862199
CAIRO, Sept 8 (MENA) - The Ministry of Finance on Sunday auctioned treasury bills at a total value of EGP 60 billion. In an online statement, the ministry said it sold 91-day T-bills worth EGP 40 billion, with an average yield of 29.809 ....
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Top priority to spend on human development, economic performance boost - PM
Date: 2024-09-08 17:45:39 GMT - Egypt - Economy - SN:58 - ID:10862129
CAIRO, Sept 8 (MENA) - Spending priority in the upcoming period will focus on human development, alongside efforts to improve economic performance indicators, give more space to the private sector, and improve citizens' living standards, Prime ....
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PM: Investment portfolio of IFC projects in Egypt exceeds $2 bln
Date: 2024-09-08 16:41:52 GMT - Egypt - Economy - SN:53 - ID:10861986
CAIRO, Sept 8 (MENA) - Prime Minister Moustafa Madbouli on Sunday said that the investment portfolio of the International Finance Corporation (IFC)'s projects in Egypt has surpassed two billion dollars in various sectors, topped by the strategic ....
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Sudan tops countries receiving Egyptian exports over last week
Date: 2024-09-08 14:41:05 GMT - Egypt - Economy - SN:44 - ID:10861772
CAIRO, Sept 8 (MENA) - As many as 318 companies received 341 export permits for agricultural products from August 31 to September 6, the National Food Safety Authority (NFSA) reported Sunday. During the week, exported food shipments reached ....
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Sisi presses for ensuring facilitations to boost investment rates
Date: 2024-09-08 14:07:14 GMT - Egypt - Economy - SN:42 - ID:10861817
CAIRO, Sept 8 (MENA) - President Abdel Fattah El Sisi on Sunday directed securing necessary facilitations to reinforce investment rates and stimulate the Egyptian and foreign private sectors. He stressed the need to build on the growth of foreign ....
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Petroleum Ministry: New western desert well to produce 15mn cubic feet of gas daily
Date: 2024-09-08 13:09:08 GMT - Egypt - Economy - SN:40 - ID:10861744
CAIRO, Sept 8 (MENA) - Badr Petroleum Co. (Bapetco) announced Sunday that an exploration well, X10, in the western desert is set to produce 15 million cubic feet of gas and 550 barrels of oil per day. Petroleum Minister Karim Badawy praised ....
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EGX indexes down at end of Sunday trading
Date: 2024-09-08 12:24:54 GMT - Egypt - Economy - SN:38 - ID:10861706
CAIRO, Sept 8 (MENA) - Egyptian Exchange (EGX) indexes posted collective losses Sunday on the back of sales by Arab and local institutions and investment funds. The market capital reached 2.074 trillion pounds after transactions that totaled EGP ....
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Dollar exchange rate declines at start of Sunday's transactions
Date: 2024-09-08 09:33:50 GMT - Egypt - Economy - SN:18 - ID:10861338
CAIRO, Sept 8 (MENA) - The dollar exchange rate inched down during Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar price reached EGP 48.39 for buying and EGP 48.49 for selling. At Banque Misr, the ....
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Investment min. underlines importance of economic ties with Britain
Date: 2024-09-08 09:29:27 GMT - Egypt - Economy - SN:16 - ID:10861334
CAIRO, Sept 8 (MENA) - Investment and Foreign Trade Minister Hassan el Khatib underlined the importance of economic ties between Egypt and Britain, which is considered one of the largest trading partners for Egypt. The volume of trade exchange ....
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Gov't working for enabling private sector to spearhead development efforts: Mashat
Date: 2024-09-07 13:09:35 GMT - Egypt - Economy - SN:37 - ID:10860359
CAIRO, Sept 7 (MENA) – Minister of Planning, Economic Development, and International Cooperation Rania Al Mashat said her ministry is working on stimulating the private sector through a number of programs, projects, and policies. Mashat was ....
