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Economy
- Service : English General
- Category : Economy
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Egypt, DMG Mori ink deal on developing technical education
Date: 2021-05-23 17:56:24 GMT - Egypt - Economy - SN:79 - ID:8971424
CAIRO, May 23 (MENA) - Education Minister Tarek Shawki and Chairman of the Executive Board of Germany's machine tool manufacturer DMG MORI Christian Thönes signed on Sunday a letter of intention in the fields of digital industrialization and the ....
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EGP25 bn to cover increase of civil servants' salaries - Finance min.
Date: 2021-05-23 17:24:05 GMT - Egypt - Economy - SN:75 - ID:8971353
CAIRO, May 23 (MENA) – Finance Minister Mohamed Mait said a total of EGP 25 billion will be allocated in the new FY budget to cover the increase of civil servants' salaries. He reiterated on Sunday that the salary rise is set to be put into ....
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House's committee okays SCZone draft budget for FY2021/2022
Date: 2021-05-23 16:49:00 GMT - Egypt - Economy - SN:68 - ID:8971322
CAIRO, May 23 (MENA) – The House of Representatives' Transport Committee approved the draft budget of the General Authority for the Suez Canal Economic Zone (SCZone) for FY 2021/2022. The approval came on Sunday at a meeting of the committee under ....
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Egypt's net foreign assets abroad hit record over $20bn, says CBE
Date: 2021-05-23 15:21:20 GMT - Egypt - Economy - SN:60 - ID:8971196
CAIRO, May 23 (MENA) - The net foreign assets of Egypt's banks abroad hit a high record of over 20 billion dollars at the end of February, up from 10 billion dollars in April 2020, a Central Bank of Egypt (CBE) official source said. Speaking to ....
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Int'l coop. min. signs €145 mn. deal with AfDB to enhance railway safety
Date: 2021-05-23 15:18:06 GMT - Egypt - Economy - SN:59 - ID:8971087
CAIRO, May 23 (MENA) – Minister of International Cooperation Rania el Mashaat signed Sunday a €145 million development finance agreement with the African Development Bank (AfDB) to improve railway efficiency and safety standards. The deal is ....
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Cabinet: Egypt launches national program for reforms without burdens on citizens
Date: 2021-05-23 14:06:01 GMT - Egypt - Economy - SN:40 - ID:8970712
CAIRO, May 23 (MENA) - The Cabinet's media center has published a report on the infographs that shed light on the government national program for structural reforms and the success of the first phase of the comprehensive economic reform program ....
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Military production minister probes with German company establishment of biggest foundry in ME
Date: 2021-05-23 14:05:37 GMT - Egypt - Economy - SN:46 - ID:8970845
CAIRO, May 23 (MENA) - Minister of State for Military Production Mohamed Ahmed Morsi discussed on Sunday with CEO of Germany's DMG Mori company Christian Thönes cooperation in the fields of foundry production to produce cast iron for CNC ....
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Dollar exchange rate stable at Egypt's banks
Date: 2021-05-23 13:45:12 GMT - Egypt - Economy - SN:53 - ID:8970905
CAIRO, May 23 (MENA) - The US dollar exchange rate was stable during Sunday's transactions at Egypt's major banks, recording EGP 15.61 for buying and EGP 15.73 for selling. The dollar recorded at the National Bank of Egypt EGP 15.61 for buying ....
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EGX gains EGP 2.7bn
Date: 2021-05-23 13:11:45 GMT - Egypt - Economy - SN:49 - ID:8970967
CAIRO, May 23 (MENA) - The Egyptian Exchange (EGX) gained 2.7 billion pounds at the end of trading Sunday on the back of buying operations by investment funds and Egyptian foundations. The EGX 30 benchmark index upped by 0.75 percent, reaching ....
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Govt acting to transform to clean energy, says minister
Date: 2021-05-23 12:47:04 GMT - Egypt - Economy - SN:45 - ID:8970709
CAIRO, May 23 (MENA) – Industry and Trade Minister Nevine Gamae said Sunday that the government is keen on providing all kind of support for international companies investing in the Egyptian market to be able to benefit from international ....
