Economy

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  • Category : Economy
  • Exchange rate of Egyptian pound varies amid anticipations about foreign currency reserves

    Date: 2021-07-05 11:07:25 GMT - Egypt - Economy - SN:26 - ID:9044775

    CAIRO, July 5 (MENA) - The exchange rate of the Egyptian pound varied on Monday as the Central Bank of Egypt (CBE) is expected to announce data on international reserves of foreign currencies. The US dollar exchange rate remained stable against ....

  • Oil min., Apache chairman discuss expanding activities in Egypt

    Date: 2021-07-05 09:14:04 GMT - Egypt - Economy - SN:20 - ID:9044495

    CAIRO, July 5 (MENA) - Petroleum Minister Tarek el Mulla Monday discussed with Board Chairman of Apache Corporation John Christmann plans of action during the coming period in light of the company's desire to expand activities in Egypt. In ....

  • Global(1):Huya-owned Nimo TV Wins Arbitration Award against Moroccan Livestreamer's Contractual Breach

    Date: 2021-07-05 07:19:53 GMT - China - Economy - SN:13 - ID:9044321

    Dear subscribers, following is the global bulletin published for PRNewswire under its own responsibility: ======================================================================================== GUANGZHOU, China, July 5, 2021 /PRNewswire/ -- ....

  • Unified public finance law to ensure budgetary accountability: Senior lawmaker

    Date: 2021-07-04 20:30:23 GMT - Egypt - Economy - SN:79 - ID:9044020

    CAIRO, July 4 (MENA) - The government bill on a unified public finance law is envisioned to ensure proper accounting and accountability while managing the state budget by switching to a performance-based budgeting approach, a senior lawmaker ....

  • Int'l experts laud Egypt's efforts to achieve UN development goals

    Date: 2021-07-04 15:43:04 GMT - Egypt - Economy - SN:60 - ID:9043709

    CAIRO, July 4 (MENA) - President of the UN Economic and Social Council (ECOSOC) Munir Akram said on Sunday that Egypt is one of the first countries, which managed to make its development cooperation policy consistent with the UN development ....

  • Gov't constitutionally committed to preparing line-item budget - Minister

    Date: 2021-07-04 15:40:02 GMT - Egypt - Economy - SN:59 - ID:9043744

    CAIRO, July 4 (MENA) - Finance Minister Mohamed Maait said Sunday the government is constitutionally committed to preparing a line-item budget. Addressing the Senate, the minister added that the performance-based budget would be fully implemented ....

  • ICT minister announces launch of AI platform

    Date: 2021-07-04 14:35:55 GMT - Egypt - Economy - SN:52 - ID:9043565

    CAIRO, July 4 (MENA) - Minister of Communications and Information Technology Amr Talaat has announced the launch of a national platform in the field of artificial intelligence. During the fourth session of the National Council for Artificial ....

  • Dollar exchange rate up at Egypt's banks

    Date: 2021-07-04 14:25:58 GMT - Egypt - Economy - SN:51 - ID:9043479

    CAIRO, July 4 (MENA) – The US Dollar exchange rate went slightly up during transactions at banks on Sunday. At the National Bank of Egypt and Banque Misr, the dollar price recorded EGP 15.61 for buying and 15.73 for selling. Meanwhile, the ....

  • Egypt, Iraq agree on plan to boost industrial cooperation

    Date: 2021-07-04 14:23:40 GMT - Egypt - Economy - SN:50 - ID:9043255

    CAIRO/BAGHDAD, July 4 (MENA) – Egypt and Iraq have agreed to implement a comprehensive plan to boost industrial cooperation between them. Nevine Gamae, the Egyptian Minister of Trade and Industry, said Sunday the plan would contribute to the ....

  • EGX gains EGP 5.3 bn, all indexes up

    Date: 2021-07-04 14:20:40 GMT - Egypt - Economy - SN:49 - ID:9043526

    CAIRO, July 4 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading backed by purchases by local, Arab and foreign institutions and investment funds. The market capital gained EGP 5.3 billion to ....

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