Economy

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  • Category : Economy
  • CBE: letters of credit worth $11.6 bln opened for importers in 6 weeks

    Date: 2022-04-21 15:39:57 GMT - Egypt - Economy - SN:79 - ID:9533577

    CAIRO, April 21 (MENA) - Banks has opened letters of credit worth 11.6 billion dollars for importers in six weeks, starting from March to mid April 2022, up 87 percent as compared to the 6.2 billion dollars for the same period last year, a Central ....

  • Fitch affirms Egypt's sovereign rating at 'B+'; outlook stable

    Date: 2022-04-21 15:01:48 GMT - USA - Economy - SN:77 - ID:9533596

    NEW YORK, April 21 (MENA) - Fitch Ratings has affirmed Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a stable outlook. Egypt's ratings are supported by its recent record of fiscal and economic reforms, its large ....

  • Global (7): Over 2.9 million exhibits displayed at the ongoing 131st Canton Fair

    Date: 2022-04-21 14:45:51 GMT - China - Economy - SN:75 - ID:9533590

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ========================================================================= GUANGZHOU, China, April 21, 2022 /PRNewswire/ -- The 131st Canton ....

  • Global (5):

    Date: 2022-04-21 13:51:22 GMT - China - Economy - SN:73 - ID:9533046

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== A New Off-road Star Model - GWM Launches New Luxury ....

  • Global (6): Terran Biosciences announces licensing deal with Sanofi for two late-stage CNS pipeline assets

    Date: 2022-04-21 13:04:51 GMT - USA - Economy - SN:67 - ID:9533356

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ========================================================================= Terran to advance the development of two of Sanofi's Phase 3 CNS ....

  • Bourse gains 8.6 billion pounds at closing

    Date: 2022-04-21 12:12:37 GMT - Egypt - Economy - SN:63 - ID:9533239

    CAIRO, April 21 (MENA) - The Egyptian Exchange indexes posted collective gains at the close of Thursday’s trading backed by purchases by institutions, Egyptian and Arab investment funds and Egyptian individuals. The market capital gained about ....

  • Global (5): A New Off-road Star Model - GWM Launches New Luxury Business SUV GWM TANK500

    Date: 2022-04-21 11:01:07 GMT - China - Economy - SN:57 - ID:9533049

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== A New Off-road Star Model - GWM Launches New Luxury ....

  • Global (4): CGTN: China stresses Asia's role in promoting global peace, growth and cooperation

    Date: 2022-04-21 10:06:55 GMT - China - Economy - SN:46 - ID:9532881

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== CGTN: China stresses Asia's role in promoting global ....

  • Al-Ahly, Misr Exchange attract EGP 7.2bn of foreign currency in 1 month

    Date: 2022-04-21 09:34:39 GMT - Egypt - Economy - SN:36 - ID:9532670

    CAIRO, April 21 (MENA) – Al Ahly Exchange and Misr Exchange said they attracted EGP 7.2 billion of foreign and Arab currency in one month after the Central Bank of Egypt decided to increase interest by 1 percent on March 21. Abdel Mageed Mohie ....

  • US dollar exchange rate increases against Egyptian pound

    Date: 2022-04-21 08:45:04 GMT - Egypt - Economy - SN:32 - ID:9532668

    CAIRO, April 21 (MENA) - The exchange rate of the US dollar against the Egyptian pound increased at the beginning of Thursday's trading at Egypt's major banks, after the Central Bank of Egypt rose the interest rate by 1% in March. At the National ....

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