Economy

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  • Category : Economy
  • Bourse posts collective gains at end of week transactions

    Date: 2024-05-16 14:22:41 GMT - Egypt - Economy - SN:50 - ID:10708245

    CAIRO, May 16 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by purchases by local institutions and investment funds, against sales by Arab and foreign institutions, as well as ....

  • 10,000 tons of goods handled at Red Sea Ports

    Date: 2024-05-16 10:29:31 GMT - Egypt - Economy - SN:24 - ID:10707742

    HURGHADA, Egypt, May 16 (MENA) - About 10,000 tons of goods were handled at the different Red Sea harbors on Thurdsday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said the imports included 2,000 tons of goods, 240 trucks ....

  • Dollar exchange rate stable at start of Thursday's transactions

    Date: 2024-05-16 08:03:36 GMT - Egypt - Economy - SN:10 - ID:10707459

    CAIRO, May 16 (MENA) - The dollar exchange rate was stable at the start of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 46.83 for buying and EGP 46.93 for ....

  • HMM shipping line's delegation follows up improvements at DCHC

    Date: 2024-05-15 22:01:49 GMT - Egypt - Economy - SN:72 - ID:10707133

    DAMIETTA, Egypt, May 15 (MENA) – A high-level delegation from HMM Co Ltd (HMM), an integrated logistics company, visited the Damietta Container & Cargo Handling Co. (DCHC) on Wednesday. The visit was organized pursuant to directives given by ....

  • 2nd tranche of Ras el Hikma investments to support Egyptian pound, experts tell MENA

    Date: 2024-05-15 17:49:05 GMT - Egypt - Economy - SN:55 - ID:10706867

    CAIRO, May 15 (MENA) – Egypt’s reception of the second tranche of investments of Ras El Hikma city shall enhance the stability of the exchange market, support the exchange rate of the Egyptian pound against the US dollar, and stimulate the ....

  • Trade exchange between Egypt, Arab countries records dlrs 26 bn in 2023: CAPMAS

    Date: 2024-05-15 15:33:58 GMT - Egypt - Economy - SN:47 - ID:10706817

    CAIRO, May 15 (MENA) - Trade exchange between Egypt and Arab countries was estimated at 26 billion dollars in FY 2023, compared to 29.5 billion dollars in 2022, according to the Egyptian Central Agency for Public Mobilization and Statistics ....

  • EGX indexes show mixed performance

    Date: 2024-05-15 14:11:45 GMT - Egypt - Economy - SN:39 - ID:10706517

    CAIRO, May 15 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading amid sales by Arab investment funds and Egyptian and Arab investors. The market capital lost EGP 2 billion to reach 1.694 trillion ....

  • Egypt receives 2nd tranche of Ras el Hikma development deal, says PM

    Date: 2024-05-15 13:10:34 GMT - Egypt - Economy - SN:36 - ID:10706393

    CAIRO, May 15 (MENA) – Prime Minister Moustafa Madbouli said Wednesday that Egypt received 14 billion dollars from the UAE in a second installment of a deal to develop the Ras el Hikma peninsula west of Alexandria. The deal with Abu Dhabi ....

  • 10,000 tons of goods handled at Red Sea Ports

    Date: 2024-05-15 09:26:24 GMT - Egypt - Economy - SN:17 - ID:10705881

    HURGHADA, Egypt, May 15 (MENA) - About 10,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said the imports included 5,500 tons of goods, 387 trucks ....

  • All EGX indices down, benchmark falls 0.16 pct

    Date: 2024-05-14 12:59:29 GMT - Egypt - Economy - SN:37 - ID:10704900

    CAIRO, May 14 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Tuesday's trading, amid sales by local and Arab investors, institutions and investment funds. Meanwhile, purchases prevailed in transactions of foreign ....

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