Economy
- Service : English General
- Category : Economy
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DA rules clearly defined by law, finance minister tells House
Date: 2021-10-17 14:01:29 GMT - Egypt - Economy - SN:58 - ID:9222456
CAIRO, Oct 17 (MENA) – Finance Minister Mohamed Ma’eit said Sunday that rules and restrictions of direct assignment are clearly defined by law. Addressing a plenary session of the House of Representatives, the minister stressed that the ....
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Bourse off Thursday on Mawlid anniversary
Date: 2021-10-17 13:57:12 GMT - Egypt - Economy - SN:55 - ID:9222514
CAIRO, Oct 17 (MENA) - The Egyptian Exchange (EGX) will be off on Thursday on the occasion of Prophet Muhammad's birthday anniversary, known as Al-Mawlid Al-Nabawi, the bourse's administration said in a statement on Sunday. The bourse will resume ....
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Egypt, Africa cooperate to develop communications infrastructure, build digital capabilities, says min.
Date: 2021-10-17 13:48:59 GMT - United Arab Emirates - Economy - SN:54 - ID:9222413
DUBAI, Oct 17 (MENA) - Egyptian Minister of Communications and Information Technology Amr Talaat on Sunday said that Egypt cooperates with African countries to develop the continent's communications infrastructure, by implementing the HARP ....
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EGX indexes up at close of Sunday trading
Date: 2021-10-17 13:10:41 GMT - Egypt - Economy - SN:53 - ID:9222455
CAIRO, Oct 17 (MENA) - Egyptian Exchange (EGX) indexes went up collectively at the close of Sunday's trading, pushed by remarkable purchases by investors. The EGX 30 benchmark index increased by 1.45 percent, recording 11,155.57 points. The ....
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3rd phase of fixed internet infrastructure development kicks off, says min.
Date: 2021-10-17 12:43:38 GMT - United Arab Emirates - Economy - SN:50 - ID:9222289
DUBAI, Oct 17 (MENA) - Egyptian Minister of Communications and Information Technology Amr Talaat on Sunday announced the start of third phase of developing the fixed internet infrastructure in Egypt. His announcement came during his ....
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WB major development partner of Egypt, says minister
Date: 2021-10-17 10:48:55 GMT - Egypt - Economy - SN:42 - ID:9221975
CAIRO, Oct 17 (MENA) – The World Bank is a major partner of Egypt, said Trade and Industry Minister Nevine Gamae Sunday, citing many development programs that had been implemented in cooperation with the WB with the aim to support the sustainable ....
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Finance minister says work on to boost macroeconomic reforms
Date: 2021-10-17 10:10:50 GMT - Egypt - Economy - SN:40 - ID:9221915
CAIRO, Oct 17 (MENA) – Finance Minister Mohamed Ma’eit said Sunday his Ministry is acting to restructure the macroeconomy and maintain financial sustainability. While work is ongoing to improve the efficiency of spending and revenues and reduce ....
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Dollar exchange rate stable at Egypt's major banks
Date: 2021-10-17 08:33:59 GMT - Egypt - Economy - SN:25 - ID:9221761
CAIRO, Oct 17 (MENA) - The US dollar exchange rate was stable at the start of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording EGP 15.64 for buying and ....
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Egypt's furniture exports hit 161.413 million dollars in 8 months
Date: 2021-10-17 08:20:28 GMT - Egypt - Economy - SN:23 - ID:9221756
CAIRO, Oct 17 (MENA) - The Egyptian Furniture Export Council said the sector's exports during the first eight months of 2021 increased by 19 percent to dlrs 161.413 million compared to dlrs 136.154 million during the same period of 2020. The ....
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Agriculture min, bourse head discuss developing trading mechanisms of strategic commodities
Date: 2021-10-17 07:53:53 GMT - Egypt - Economy - SN:18 - ID:9221636
CAIRO, Oct 17 (MENA) - Egypt's Agriculture Minister Sayyed el Quseir had talks with EGX Chairman Mohamed Farid, who doubles as the deputy head of the bourse of commodities, on means of coordinating efforts and cooperating in the bourse of ....