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Economy
- Service : English General
- Category : Economy
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Mashat: NIB is important economic, investment arm for state
Date: 2024-07-22 11:54:19 GMT - Egypt - Economy - SN:28 - ID:10796642
CAIRO, July 22 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat underscored the importance of tireless efforts exerted by the National Investment Bank (NIB) to achieve its message toward the ....
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Industry minister: Comprehensive plan to develop industry sector
Date: 2024-07-22 09:56:39 GMT - Egypt - Economy - SN:17 - ID:10796509
CAIRO, July 22 (MENA) - Deputy Prime Minister for industrial development and Minister of Industry and Transport Kamel El Wazir has stressed the importance of cooperation with all parties to carry out an all-out plan to develop the industry sector ....
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China’s central bank cuts interest rates
Date: 2024-07-22 05:00:20 GMT - China - Economy - SN:4 - ID:10796131
BEIJING, July 22 (MENA) - China’s central bank has cut both its five-year loan prime rate and its one-year rate, moving to revive its ailing property sector and rev up the slowing economy, the AP reported Monday. The five-year rate, which is a ....
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Egypt named top investment destination in Africa by UNCTAD report
Date: 2024-07-21 16:50:10 GMT - Uganda - Economy - SN:50 - ID:10795674
KAMPALA, July 21 (MENA) - The United Nations Conference on Trade and Development (UNCTAD) announced that Egypt ranked first among the top 10 African countries with the highest foreign direct investment (FDI) rates in 2023. According to UNCTAD's ....
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No change made to Egypt's inclusion on IMF Board Calendar - Source
Date: 2024-07-21 14:02:38 GMT - Egypt - Economy - SN:41 - ID:10795567
CAIRO, July 21 (MENA) - A well-placed banking source said Sunday "No change has been made to Egypt's inclusion on the International Monetary Fund (IMF) Executive Board Calendar." As scheduled, Egypt's inclusion is set for July 29 as the ....
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Agriculture minister says keen on boosting cooperation with Brazil
Date: 2024-07-21 13:10:02 GMT - Egypt - Economy - SN:37 - ID:10795305
CAIRO, July 21 (MENA) – Agriculture Minister Alaa Farouk has expressed keenness on enhancing cooperation with Brazil – one of the world’s biggest producers of livestock and poultry. The state’s policy is to support the private sector in order to ....
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Bourse posts collective gains at close of Sunday trading sessions
Date: 2024-07-21 13:09:14 GMT - Egypt - Economy - SN:35 - ID:10795288
CAIRO, July 21 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday session of trading, backed by purchases of Egyptian and foreign investment funds. The market capital gained about EGP 15 billion to register at ....
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Finance Ministry refutes claim that Egypt excluded from IMF meetings agenda
Date: 2024-07-21 12:54:09 GMT - Egypt - Economy - SN:33 - ID:10795406
CAIRO, July 21 (MENA) - An official source at the Ministry of Finance confirmed that there is no truth to the claim that Egypt has been excluded from the agenda of the IMF Executive Board meetings. The source stated in a statement on Sunday that ....
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Electricity, oil ministers in Saudi Arabia to discuss power grid project
Date: 2024-07-21 12:50:32 GMT - Egypt - Economy - SN:30 - ID:10795294
CAIRO, July 21 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat and the Minister of Petroleum and Mineral Resources Karim Ibrahim Badawi discussed with Saudi Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, ....
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Investment min.: We are focused on enhancing service system for exporters, importers
Date: 2024-07-21 11:29:09 GMT - Egypt - Economy - SN:24 - ID:10795113
CAIRO, July 21 (MENA) - Foreign Trade and Investment Minister Hassan EL Khatib reaffirmed the ministry's commitment to boosting the service system for exports and imports through applying the latest international standards which contributes to ....
