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Economy
- Service : English General
- Category : Economy
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CBE: Foreign exchange reserves rise to US$47.265 bln by end of Jan.
Date: 2025-02-05 16:47:02 GMT - Egypt - Economy - SN:46 - ID:11055954
CAIRO, Feb 5 (MENA) - The Central Bank of Egypt (CBE) said on Wednesday that foreign exchange reserves rose by about US$156 million in January. This brings Egypt's total forex reserves to US$47.265 billion in January compared to US$47.109 billion ....
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Mashat: We encourage more investments in human capital, industrial development, SMEs, technology, entrepreneurship
Date: 2025-02-05 16:40:08 GMT - Egypt - Economy - SN:44 - ID:11056012
CAIRO, Feb 5 (MENA) - Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat met with Mr. Aliou Maiga, IFC Regional Industry Director, Financial Institutions Group (FIG) for Africa , to discuss key developments ....
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EFIG: Misr Insurance launches e-payment service
Date: 2025-02-05 14:04:00 GMT - Egypt - Economy - SN:38 - ID:11055310
CAIRO, Feb 5 (MENA) - E-Finance Investment Group (EFIG), the government's arm for e-payment in Egypt, said Misr Insurance, the leading company in property insurance domain, launched the service of e-payment of customers' installments. The service ....
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OPEN// PM attends signing of MoU between planning ministry, EBRD
Date: 2025-02-05 13:47:01 GMT - Egypt - Economy - SN:37 - ID:11055547
CAIRO, Feb 5 (MENA) - Prime Minister Moustafa Madbouli attended on Wednesday the signing of a memorandum of understanding for cooperation between the government and the European Bank for Reconstruction and Development (EBRD) to boost national ....
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Sisi signs law to authorize finance minister to guarantee Egypt Aluminum Company
Date: 2025-02-05 13:09:59 GMT - Egypt - Economy - SN:35 - ID:11055608
CAIRO, Feb 5 (MENA) - President Abdel Fattah El Sisi signed on Wednesday Law No. 1 of 2025 authorizing the minister of finance, on behalf of the government, to guarantee Egypt Aluminum Company, an affiliate of the Metallurgical Industries Holding ....
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OPEN// ITIDA CEO: Number of electronic design companies shot up to over 80 by end of 2024
Date: 2025-02-05 12:55:35 GMT - Egypt - Economy - SN:34 - ID:11055488
CAIRO, Feb 5 (MENA) - Ahmed el Zaher, the CEO of the Information Technology Industry Development Agency (ITIDA), highlighted growth in the field of electronics design and embedded systems as the number of companies operating in this domain shot up ....
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Madbouli attends signing deal with EBRD to support private sector investments
Date: 2025-02-05 12:52:44 GMT - Egypt - Economy - SN:33 - ID:11055464
CAIRO, Feb 5 (MENA) - Prime Minister Mostafa Madbouli attended on Wednesday a ceremony for signing a cooperation agreement between the Ministry of Finance and the European Bank for Reconstruction and Development (EBRD). The agreement comes upon ....
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CBE hosts regional event to follow up on financial stability
Date: 2025-02-05 12:12:18 GMT - Egypt - Economy - SN:29 - ID:11055306
CAIRO, Feb 5 (MENA} - The Central Bank of Egypt (CBE) hosted the regional consultative group for the Middle East and North Africa (MENA) of the Financial Stability Board’s (FSB). The event was held under the chairmanship of CBE governor Hassan ....
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Egypt, Morocco review cooperation in industrial, transport sectors
Date: 2025-02-05 11:23:09 GMT - Egypt - Economy - SN:27 - ID:11055279
CAIRO, Feb 5 (MENA) - Egyptian Minister of Industry and Transport Kamel Wazir had talks on Wednesday with Moroccan Ambassador to Egypt Mohamed Ait Ouali on means of enhancing cooperation in the fields of industry and transport. They reviewed ....
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Investment min. discusses with Tunisian amb. ways of boosting economic relations
Date: 2025-02-05 10:22:49 GMT - Egypt - Economy - SN:21 - ID:11055167
CAIRO, Feb 5 (MENA - Minister of Investment and Foreign Trade Hassan El Khatib on Wednesday underlined the importance of establishing partnerships with Tunisia in all fields, topped by trade and economic integration. His statements came during a ....
