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Economy
- Service : English General
- Category : Economy
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IFC Invests $15 mln in 'Algebra Ventures' to support Egyptian tech startups
Date: 2022-04-10 17:41:53 GMT - Egypt - Economy - SN:71 - ID:9515242
CAIRO, April 10 (MENA) - The International Finance Corporation (IFC) announced Sunday a $15 million investment in the second fund from venture capital firm 'Algebra Ventures' to support tech startups with access to finance and drive innovation and ....
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AfDB: Egyptian govt works on engaging private sector in climate projects
Date: 2022-04-10 16:04:31 GMT - Egypt - Economy - SN:68 - ID:9515120
ABIDJAN, April 10 (MENA) – The Egyptian government is creating an enabling environment and strategically aligning its policies with the needs of the private sector, the African Development Bank (AfDB) said in a press statement. Ahead of COP27, ....
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NBE, Banque Misr garner EGP 499 bln from high-yield certificates
Date: 2022-04-10 15:10:31 GMT - Egypt - Economy - SN:67 - ID:9515239
CAIRO, April 10 (MENA) - Banque Misr and the National Bank of Egypt (NBE) announced that the proceeds of the one-year saving certificates with a return of 18 percent, which were launched by the two banks on March 21, have reached EGP 499 billion so ....
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CBE: Annual inflation rate up by 10.1% in March
Date: 2022-04-10 14:20:06 GMT - Egypt - Economy - SN:61 - ID:9515076
CAIRO, April 10 (MENA) - The Central Bank of Egypt (CBE) announced that the annual inflation rate rose by 10.1% in March, compared to 7.2% in February. The rate of consumers' prices recorded 3.1 percent in March 2022 against 0.5 percent in March ....
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EGX posts collective losses at close of Sunday trading
Date: 2022-04-10 12:36:10 GMT - Egypt - Economy - SN:53 - ID:9514851
CAIRO, April 10 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading prompted by selling operations by Arab investment funds, institutions and Egyptian investors, against purchases by local institutions and ....
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“Egypt Can with Industry” conf. to be held on May 30-31, says min.
Date: 2022-04-10 12:24:31 GMT - Egypt - Economy - SN:51 - ID:9514832
CAIRO, April 10 (MENA) - Minister of State for Emigration and Egyptian Expatriates' Affairs Nabila Makram said on Sunday that the “Egypt Can with Industry” conference will be held on May 30-31 in Cairo. Makram held a meeting with President Abdel ....
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Team works formed with European commission to promote energy cooperation : Petroleum ministry
Date: 2022-04-10 12:22:16 GMT - Egypt - Economy - SN:48 - ID:9514696
CAIRO, April 10 (MENA) - The Petroleum and Mineral Resources Ministry said that an agreement has been reached with the European Green Deal to form work teams from both sides to promote cooperation in the various energy sectors and prepare for ....
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Port Said custom collects EGP 3.1bn customs, taxes in March
Date: 2022-04-10 12:16:35 GMT - Egypt - Economy - SN:43 - ID:9514644
CAIRO, April 10 (MENA) - The total of taxes and custom duties collected in Port Said in March hit about 3.1 billion, announced Finance Minister Mohamed Maait. This came in a report received by the finance minister explaining the efforts exerted ....
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Planning minister, European Commission vice discuss boosting bilateral cooperation
Date: 2022-04-10 11:08:56 GMT - Egypt - Economy - SN:40 - ID:9514542
CAIRO, April 10 (MENA) - Minister of Planning and Economic Development Hala El Said discussed during a meeting Sunday with Executive Vice President of the European Commission Frans Timmermans ways of boosting bilateral cooperation. Timmermans is ....
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Transport min. launches public transportation services in Sohag
Date: 2022-04-10 10:25:36 GMT - Egypt - Economy - SN:26 - ID:9514380
SOHAG, Upper Egypt, April 10 (MENA) – Transport Minister Kamel el Wazir has unveiled a comprehensive plan to secure sustainable green transport services that would connect capitals of governorates. Speaking Sunday while inaugurating passenger ....
