Economy

  • Service : English General
  • Category : Economy
  • US dollar exchange rate stable at start of Wednesday's transactions

    Date: 2021-08-11 10:16:11 GMT - Egypt - Economy - SN:27 - ID:9105891

    CAIRO, Aug 10 (MENA) - The US dollar exchange rate was stable at the start of Wednesday's transactions in Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording EGP 15.63 for buying ....

  • Red Sea ports handled 337,000 tons of commodities in July

    Date: 2021-08-11 09:48:44 GMT - Egypt - Economy - SN:25 - ID:9105802

    HURGHADA, Egypt, August 11 (MENA) - The Red Sea Ports Authority (RSPA) said Wednesday that 337,000 tons of commodities were handled at the various RSPA harbors in July. In a statement Wednesday, the authority said commodities handled in July ....

  • Damietta Port receives 25 container, cargo ships

    Date: 2021-08-11 07:45:02 GMT - Egypt - Economy - SN:12 - ID:9105669

    DAMIETTA, Egypt, Aug 11 (MENA) - Damietta Port received 25 container and cargo ships over the past 24 hours. In a statement Wednesday, Damietta Port Authority said the total trade volume of exported goods handled at the port reached 24,374 ....

  • global 1:Velo Labs, TEMPO Payments, and Bitazza open up a $17Bn remittance corridor between Europe and Thailand with the Stellar blockchain

    Date: 2021-08-11 06:21:58 GMT - USA - Economy - SN:9 - ID:9105595

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== SAN FRANCISCO, PARIS and BANGKOK, August 11, 2021 ....

  • Egyptian Countryside Development Co. chairman lauds 1.5 million-feddan project

    Date: 2021-08-10 23:22:33 GMT - Egypt - Economy - SN:99 - ID:9105431

    CAIRO, Aug 10 (MENA) - Chairman of the Egyptian Countryside Development Company Amr Abdel Wahhab has praised the implementation of the 1.5 million-feddan reclamation project. Speaking at the first edition of Al Ahram Growtech exhibition, he ....

  • Telecom Egypt : Net profit reached EGP 3.9bn in H1 2021

    Date: 2021-08-10 20:55:59 GMT - Egypt - Economy - SN:84 - ID:9105355

    CAIRO, Aug 10 (MENA) - Telecom Egypt announced that its net profit reached EGP 3.9 billion in the first half of 2021, up 88% from the same period last year, the company said in a report on Tuesday. Total consolidated revenue was EGP 17.4 billion ....

  • BTFH expects CBE to keep interest rates unchanged in 3rd quarter of FY 2021/2022

    Date: 2021-08-10 20:02:10 GMT - Egypt - Economy - SN:77 - ID:9105366

    CAIRO, Aug 10 (MENA) - Beltone Financial Holding (BTFH) said it expects that the Central Bank of Egypt (CBE) would keep interest rates unchanged during the third quarter of the FY 2021/2022. In a research paper received by MENA on Tuesday, BTFH ....

  • Egypt's agriculture exports hit $2.2 billion in 2020/21

    Date: 2021-08-10 19:25:49 GMT - Egypt - Economy - SN:75 - ID:9105369

    CAIRO, Aug 10 (MENA) – Egypt’s agriculture exports rose to some $2.2 billion in the first 10 months of the 2020/2021, compared with nearly $2 billion during the same period a year earlier. The Export Council of Agricultural Crops detailed in a ....

  • Lawmaker says Sisi fulfills his promise on increasing farm lands

    Date: 2021-08-10 15:28:47 GMT - Egypt - Economy - SN:60 - ID:9104889

    CAIRO, Aug 10 (MENA) - MP Hisham El Hosary, head of the Agricultural Committee at the House of Representatives, has said that President Abdel Fattah El Sisi has made good on his promise about increasing the agricultural lands which have reached ....

  • PM asserts gov't backing to all youth ideas, efforts

    Date: 2021-08-10 13:32:02 GMT - Egypt - Economy - SN:52 - ID:9104691

    CAI RO, Aug 10 (MENA) - Prime Minister Mostafa Madbouli asserted that the government is backing all ideas and efforts exerted by Egypt youths, citing an example of Swvl startup project, a premium mass transit system that provides buses to every ....

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