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Economy
- Service : English General
- Category : Economy
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1st Kuwait Airways flight arrives at Cairo airport after stop for more than one year
Date: 2021-09-05 15:33:45 GMT - Egypt - Economy - SN:78 - ID:9149244
CAIRO, Sept 5 (MENA) – After more than a year of suspension due to Covid-19, the first Kuwaiti Airways flight landed at Cairo airport Sunday. Flight KU 545 arrived at Terminal II with 50 passengers aboard. All precautionary measures were ....
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Planning min.: Total value of ICIEC operations in Egypt hit USD 6.64 bln
Date: 2021-09-05 15:04:37 GMT - Egypt - Economy - SN:74 - ID:9148927
CAIRO, Sept 5 (MENA) – Planning and Economic Development Minister and Egypt's Governor at the Islamic Development Bank Group (IsDB) Hala El Said said that the total value of operations of the Islamic Corporation for the Insurance of Investment and ....
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Egypt produces 80% of local market's needs of ready-made garments, says official
Date: 2021-09-05 14:46:50 GMT - Egypt - Economy - SN:73 - ID:9149051
CAIRO, Sept 5 (MENA) - Mohamed Abdel Salam, Chairman of the Ready-made Garments Chamber at the Federation of Egyptian Industries, said that Egypt currently produces 80% of the local market's needs of ready-made garments and imports only 20%. He ....
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Garment industry in Egypt annually generates EGP 300 bn, says official
Date: 2021-09-05 14:41:24 GMT - Egypt - Economy - SN:71 - ID:9149146
CAIRO, Sept 5 (MENA) - Mohamed Abdel Salam, Chairperson of the Ready-made Garments Chamber at the Federation of Egyptian Industries (FEI) announced that the garment industry in Egypt annually generates around EGP 300 billion. His announcement came ....
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Bourse loses over EGP 17 bln in 1st session of week
Date: 2021-09-05 14:37:58 GMT - Egypt - Economy - SN:70 - ID:9149147
CAIRO, Sept 5 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading, prompted by selling operations by Arab and foreign investment funds and institutions to make gains. The market capital reached EGP 728.6 ....
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Alex. Handling Co., French CMA CGM seal cooperation deal
Date: 2021-09-05 14:36:29 GMT - Egypt - Economy - SN:69 - ID:9148901
CAIRO, Sept 5 (MENA) – In a bid to attract new clients, the Alexandria Container and Cargo Handling Company Sunday signed a two-year contract with France’s CMA CGM shipping group. Salaheddin Helmy, board chairman of the Holding Company for ....
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Global Finance names Tarek Amer as one of world's top ten central bankers
Date: 2021-09-05 13:39:04 GMT - Egypt - Economy - SN:61 - ID:9148983
CAIRO, Sept 5 (MENA) - Global Finance Magazine named Governor of the Central Bank of Egypt (CBE) Tarek Amer as one of the world's top ten central bankers for 2021. In a statement released on Sunday, the American magazine said that the world's top ....
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Planning min., IsDB head discuss fostering ties
Date: 2021-09-05 11:35:23 GMT - Egypt - Economy - SN:55 - ID:9148808
CAIRO, Sept 5 (MENA) – Planning Minister Hala el Said discussed on Sunday with President of the Islamic Development Bank (IsDB) Muhammad Sulaiman Al Jasser means of fostering bilateral ties. This came on the sidelines of the 46th annual meeting ....
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Industry min.: Boosting cooperation, trade exchange with Africa "top priority"
Date: 2021-09-05 10:07:26 GMT - Egypt - Economy - SN:43 - ID:9148583
CAIRO, Sept 5 (MENA) - Trade and Industry Minister Nivine Gamea said boosting cooperation and trade exchange with African countries comes at the top of the state's priorities. She said the Egyptian Micro, Small and Medium Enterprises Development ....
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Dollar exchange rate stable at Egypt major banks
Date: 2021-09-05 09:51:36 GMT - Egypt - Economy - SN:36 - ID:9148574
CAIRO, Sept 5 (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 15.63 for buying and ....
