Economy

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  • Category : Economy
  • EgyptAir to operate direct Cairo-Dhaka line as of November

    Date: 2021-09-12 16:29:44 GMT - Egypt - Economy - SN:61 - ID:9161956

    CAIRO, Sept 12 (MENA) – EgyptAir plans to operate a direct Cairo-Dhaka line as of November, chairman of EgyptAir Holding Company Amr Abul Enein said Sunday. EgyptAir and Alo Dhaka Aviation Limited have signed a deal for operating the line, Abul ....

  • Finance ministry auctions T-bills worth EGP 10.5 bln

    Date: 2021-09-12 15:52:25 GMT - Egypt - Economy - SN:58 - ID:9161860

    CAIRO, Sept 12 (MENA) - The Ministry of Finance on Sunday auctioned treasury bills at a total value of EGP 10.5 billion. In an online statement, the ministry said it auctioned 91-day T-bills worth EGP 6 billion, with an average yield of 12.477 ....

  • Agriculture Ministry: Egypt surpasses S. Africa in orange exports to EU

    Date: 2021-09-12 15:48:35 GMT - Egypt - Economy - SN:55 - ID:9161861

    CAIRO, Sept 12 (MENA) – Egypt has surpassed South Africa as a major exporter of orange to the EU, the Agriculture Ministry announced Sunday. A report by the Spanish ministry of agriculture and fish wealth has stated that Egypt’s exports of ....

  • AFD takes media delegation on tour of development projects in Egypt

    Date: 2021-09-12 15:05:44 GMT - Egypt - Economy - SN:50 - ID:9161621

    CAIRO, Sept 12 (MENA) - The French Development Agency (AFD) has organized a tour for a group of media persons, which included various development projects it currently carries out in Egypt. Among these projects is the third phase of Cairo Metro ....

  • Dollar exchange rate stable at Egypt major banks

    Date: 2021-09-12 15:03:17 GMT - Egypt - Economy - SN:49 - ID:9161228

    CAIRO, Sept 12 (MENA) - The US dollar exchange rate was stable at the start of Sunday's transactions at major banks in Egypt. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording EGP 15.64 for buying and ....

  • EGX shows mixed performance

    Date: 2021-09-12 14:55:32 GMT - Egypt - Economy - SN:46 - ID:9161620

    CAIRO, Sept 12 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance on Sunday on the back of selective purchases of shares of small and medium-sized enterprises. The market capitalization of the shares of companies listed on the ....

  • Trade minister: Overarching strategy to restructure IMC

    Date: 2021-09-12 11:17:05 GMT - Egypt - Economy - SN:38 - ID:9161150

    CAIRO, Sept 12 (MENA) - Minister of Trade and Industry Nivine Gamea said the ministry will embark on incorporating an overall scheme to restructure the Industrial Modernization Centre (IMC) and install an e-governance system embracing the Center's ....

  • Egypt's trade deficit dips 27.8 percent in June, hits dlrs 2.94 bn

    Date: 2021-09-12 11:04:56 GMT - Egypt - Economy - SN:35 - ID:9161171

    CAIRO, Sept 12 (MENA) - Egypt’s trade deficit declined 27.8 percent during June 2021, recording dlrs 2.94 billion, compared to dlrs 4.07 billion in the same month of 2020, according to the state's statistics agency CAPMAS. In its monthly bulletin ....

  • Petroleum minister: President directs prompt delivery of natural gas to Lebanon

    Date: 2021-09-12 07:22:45 GMT - Egypt - Economy - SN:13 - ID:9160788

    CAIRO, Sept 12 (MENA) - Minister of Petroleum and Mineral Resources Tarek El Molla said President Abdel Fattah El Sisi has directed transfer of gas to Lebanon at the nearest possible time. During an interview over the phone late Saturday to On ....

  • EgyptAir to operate 79 flights Sunday

    Date: 2021-09-11 14:58:49 GMT - Egypt - Economy - SN:49 - ID:9160116

    CAIRO, Sept 11 (MENA) - EgyptAir will operate on Sunday 79 flights to ferry 9,162 passengers to various domestic and international destinations. In a press statement on Saturday, the national flag carrier said that 57 international flights will ....

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