Economy

  • Service : English General
  • Category : Economy
  • IMF: CBE policies contributed to anchoring inflation rates

    Date: 2021-06-24 09:19:30 GMT - USA - Economy - SN:22 - ID:9026878

    WASHINGTON, July 24 (MENA) - The International Monetary Fund (IMF) lauded the policies adopted by the Central Bank of Egypt (CBE) as contributing to stabilizing inflation rates in Egypt. In a statement on Thursday, the IMF said “The Central Bank ....

  • Banking sector bore EGP 4.7 exemptions prompted by anti-coronavirus decisions: CBE

    Date: 2021-06-24 08:39:16 GMT - Egypt - Economy - SN:17 - ID:9026802

    CAIRO, June 24 (MENA) - The banking sector bore more than EGP 4.7 billion exemptions due to preventive decisions taken to fight coronavirus pandemic in order to make it more easier for citizens and encourage them to use electronic payment means in ....

  • Global (1): 2021 UN Correspondents Association Awards for Best Journalistic Coverage of the United Nations and UN Agencies

    Date: 2021-06-24 06:25:30 GMT - USA - Economy - SN:3 - ID:9026657

    Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================ WINNERS WILL BE HONORED BY THE UN SECRETARY-GENERAL H.E. ANTÓNIO GUTERRES DECEMBER 2021 (DATE TBD) IN NEW ....

  • IMF concludes last review of Egyptian economy program

    Date: 2021-06-23 23:07:49 GMT - USA - Economy - SN:133 - ID:9026570

    WASHINGTON, June 23 (MENA) - The International Monetary Fund (IMF) concluded on Wednesday its second and last review of the performance of Egyptian economy program supported by the fund's $5.2 billion Stand-by Arrangement. After the end of the ....

  • FRA bans trust receipt in non-banking financial transactions

    Date: 2021-06-23 20:46:55 GMT - Egypt - Economy - SN:121 - ID:9026408

    CAIRO, June 23 (MENA) – The Financial Regulatory Authority (FRA) issued Wednesday a decision banning the use of trust receipts as a guarantee in any non-banking financial transaction. All the licensed non-banking institutions should abide by the ....

  • Global (7): CGTN: Chinese astronauts' talk with Earth from space

    Date: 2021-06-23 18:04:48 GMT - China - Economy - SN:97 - ID:9026283

    Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================ BEIJING, June 23, 2021 /PRNewswire/ -- The three Chinese astronauts, in China's space station core module ....

  • EgyptAir maintains 50% ticket price discounts for domestic flights -- Aviation min. 3 last Cairo

    Date: 2021-06-23 17:34:34 GMT - Egypt - Economy - SN:87 - ID:9026146

    As for closing Sphinx airport, Civil Aviation Minister captain Mohamed Manar said the closure decision came to complete all ongoing renovation work which aim to increase its passenger capacity by threefold to 900 per hour. The newly-upgraded ....

  • EgyptAir maintains 50% ticket price discounts for domestic flights -- Aviation min. 2 Cairo

    Date: 2021-06-23 17:29:19 GMT - Egypt - Economy - SN:88 - ID:9026147

    Chairman of EgyptAir Holding Company Amr Abul Enein said the final structure of EgyptAir, that is now being carried out, is a holding company and three affiliates as part of the plan outlined by the company in May, 2021 to reduce expenses and ....

  • Egyptian food exports to UK up by 50% in 2022 -- Senior diplomat expects

    Date: 2021-06-23 17:23:42 GMT - Egypt - Economy - SN:86 - ID:9025715

    CAIRO, June 23 (MENA) - A recently concluded Egyptian-British association agreement is expected to bring about a 50 per cent increase in Egyptian food exports to Britain in 2022, head of Egypt's commercial representation office in the UK Minister ....

  • Agriculture min. stresses state support for poultry wealth, investors

    Date: 2021-06-23 17:18:47 GMT - Egypt - Economy - SN:83 - ID:9025751

    CAIRO, June 23 (MENA) - Agriculture Minister Sayyed el Qosair said the state is backing the poultry wealth and investors in this score as this helps creating jobs and represents an value added in the gross domestic product. He made the remarks ....

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