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Economy
- Service : English General
- Category : Economy
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Bourse gains EGP 23 bn, all indexes up
Date: 2024-06-13 12:09:30 GMT - Egypt - Economy - SN:34 - ID:10747256
CAIRO, June 13 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by strong purchases by local institutions and investment funds. The market capital gained about EGP 23 billion to ....
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MSMEDA signs microfinance contract worth EGP 160 mn
Date: 2024-06-13 11:53:36 GMT - Egypt - Economy - SN:32 - ID:10747006
CAIRO, June 13 ( MENA) - CEO of the Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) Basil Rahmi affirmed Thursday the Agency’s keenness on participating in implementing the State’s strategy to advance the microenterprise ....
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Egypt, CIDCA mull ways to enforce MoU on debt swap
Date: 2024-06-13 09:36:46 GMT - Egypt - Economy - SN:24 - ID:10746789
CAIRO, June 13 (MENA) - Minister of International Cooperation Rania el- Mashat discussed Thursday with deputy director general of the international cooperation department of the China International Development Cooperation Agency (CIDCA) efforts on ....
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CBE took package of measures related to inflation, shortage of hard currency - governor
Date: 2024-06-12 21:51:08 GMT - Egypt - Economy - SN:76 - ID:10746502
NASSAU, THE BAHAMAS, June 12 (MENA) - Governor of the Central Bank of Egypt (CBE) Hassan Abdullah said the bank has worked to take a complete package of measures that may be classified as “painful” with regard to inflation and relevant forecasts, ....
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ACTIF, AAM meetings kick off in Nassau
Date: 2024-06-12 20:58:29 GMT - Egypt - Economy - SN:73 - ID:10746492
NASSAU, The Bahamas, June 12 (MENA) - The third AfriCaribbean Trade and Investment Forum (ACTIF) and the 31st Annual Meetings (AAM) of the African Export-Import Bank (Afreximbank) kicked off in Nassau Wednesday. Five presidents and four prime ....
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NBE obtains ISO 9001 accreditation in logistics and warehouse supply
Date: 2024-06-12 20:41:26 GMT - Egypt - Economy - SN:72 - ID:10746481
CAIRO, June 12 (MENA) - The National Bank of Egypt (NBE) announced that it has obtained ISO 9001 accreditation in the field of logistics and warehouse supply from the British Standards Institution (BSI), which is a distinguished and pioneering ....
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Egypt is one of COMESA's most active member states, bloc's official tells MENA
Date: 2024-06-12 17:40:33 GMT - Tunisia - Economy - SN:61 - ID:10746281
TUNIS, June 12 (MENA) - Chief Executive Officer of the Common Market for Eastern and Southern Africa (COMESA)’s Business Council Teddy Soobramanien said Egypt is one of the most active members of COMESA, which comprises 21 member states. In ....
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Banque Misr signs protocol with Urban Development Fund on real estate financing loans
Date: 2024-06-12 17:24:29 GMT - Egypt - Economy - SN:58 - ID:10746141
CAIRO, June 12 (MENA) - Banque Misr has announced the signing of a cooperation protocol with the Urban Development Fund, according to which the bank shall offer real estate financing loans for the fund-affiliated projects to upgrade the capitals of ....
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NAC chairman says profit achieved in 2023 amounts to EGP 27bn
Date: 2024-06-12 15:49:09 GMT - Egypt - Economy - SN:48 - ID:10745848
CAIRO, June 12 (MENA) - Board Chairman of the New Administrative Capital (NAC) Khaled Abbas said Wednesday that the company made 27 billion pounds in profit during the fiscal year 2023. In statements to MENA, Abbas underscored an increase in ....
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Strategic stockpile of sugar sufficient till March - EFI
Date: 2024-06-12 15:36:41 GMT - Egypt - Economy - SN:47 - ID:10746196
CAIRO, June 12 (MENA) - Sugar Division at the Egyptian Federation of Industries (EFI) stressed on Wednesday that the country's strategic stockpiles of sugar are sufficient till March due to big sugarcane and sugar beets production. Speaking to ....
