Economy

  • Service : English General
  • Category : Economy
  • Planning minister probes with ITFC chief trade cooperation scopes

    Date: 2022-01-19 11:54:08 GMT - Egypt - Economy - SN:39 - ID:9374524

    CAIRO, Jan 19 (MENA) - Minister of Planning and Economic Development Hala al-Said discussed during a meeting Wedneday with Eng. Hani Salem Sonbol the CEO of the International Islamic Trade Finance Corporation (ITFC) trade cooperation between Egypt ....

  • Dollar prices stable at Egypt's major banks

    Date: 2022-01-19 09:49:37 GMT - Egypt - Economy - SN:32 - ID:9374348

    CAIRO, Jan 19 (MENA) - The US dollar exchange rate was stable at the start of Wednesday's 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 ....

  • Trade Ministry says Egypt non-oil exports exceed $32bn in 2021

    Date: 2022-01-19 09:40:36 GMT - Egypt - Economy - SN:28 - ID:9374330

    CAIRO, Jan 19 (MENA) - Egypt's non-petroleum exports have increased by 26 percent reaching 32.128 billion dollars in 2021 up from 25.427 billion dollars in 2020, the Trade and Industry Ministry said Wednesday. A Ministry statement pointed to an ....

  • Mulla: New funds allocated to upgrade oil production efficiency

    Date: 2022-01-19 08:51:45 GMT - Egypt - Economy - SN:19 - ID:9374302

    CAIRO, Jan 19 (MENA) - Minister of Oil Tarek Al Mulla said on Wednesday that the new budget of Assiut oil refining company and the oil pipelines company would hit seven billion pounds. These funds are allocated to upgrade the efficiency of the ....

  • Global (2): Shanghai Electric Launches Chinese Language Training Program for Pakistan's Personnel on Thar Block-1 Integrated Coal Mine and Power Project

    Date: 2022-01-19 07:39:11 GMT - China - Economy - SN:8 - ID:9374204

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ======================================================================== SHANGHAI, Jan. 19, 2022 /PRNewswire/ -- Shanghai Electric has ....

  • Global (1): Q9 launches YIELD, Dual Cryptocurrency Products

    Date: 2022-01-19 05:53:53 GMT - Hong Kong - Economy - SN:2 - ID:9374073

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== High yielding, short maturity crypto products with up to ....

  • Finance min.: 5 million civil servants to benefit from minimum wage rise

    Date: 2022-01-18 23:19:20 GMT - Egypt - Economy - SN:111 - ID:9374017

    CAIRO, Jan 18 (MENA) – Finance Minister Mohamed Mait said the beneficiaries of the rise of minimum monthly wage will be 5 million civil servants. Speaking to DMC TV channel, he pointed out on Tuesday that the rise will be put into effect in July ....

  • GIZ organizes training program for supporting smallholder farmers in Minya, Beni Suef

    Date: 2022-01-18 22:19:51 GMT - Egypt - Economy - SN:110 - ID:9374007

    CAIRO, Jan 18 (MENA) - The German Corporation for International Cooperation (GIZ) launched a training program for supporting smallholder famers in Minya and Beni Suef Governorates with the aim of developing the agriculture sector and realizing ....

  • CBE: Bank deposits hit EGP 6.191 trillion in October

    Date: 2022-01-18 20:38:06 GMT - Egypt - Economy - SN:102 - ID:9373713

    CAIRO, Jan 18 (MENA) - The Central Bank of Egypt (CBE) on Tuesday announced a remarkable increase in bank deposits by around EGP 114 billion at the end of October to reach EGP 6.191 trillion against EGP 6.077 trillion in September. Total ....

  • CBE: Credit facility balances rise to EGP 2.9 trillion by end of October 2021

    Date: 2022-01-18 20:17:36 GMT - Egypt - Economy - SN:101 - ID:9373863

    CAIRO, Jan 18 (MENA) - The Central Bank of Egypt (CBE) on Tuesday said that the credit facility balances for clients in banks rose by around EGP 92.5 billion to hit EGP 2.996 trillion in July-October of the 2021/2022 fiscal year. In its recent ....

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