Economy

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  • Category : Economy
  • Finance ministry auctions T-bills worth EGP 24 bln

    Date: 2021-04-28 15:54:50 GMT - Egypt - Economy - SN:57 - ID:8933520

    CAIRO, April 28 (MENA) - The Ministry of Finance auctioned on Wednesday treasury bills at a total value of EGP 24 billion. In an online statement, the ministry said it sold 182-day T-bills worth EGP 10.5 billion, with an average yield of 13.384 ....

  • NBE, COOP sign deal on cash withdrawals via POS machines at fuel stations

    Date: 2021-04-28 15:53:17 GMT - Egypt - Economy - SN:56 - ID:8933296

    CAIRO, April 28 (MENA) - The National Bank of Egypt (NBE) signed on Wednesday a cooperation agreement with the Cooperative of Petrol (COOP) to allow for cash withdrawals through debit cards from the Point of Sale (POS) e-payment machines at fuel ....

  • CBE keeps interest rate unchanged

    Date: 2021-04-28 15:00:47 GMT - Egypt - Economy - SN:50 - ID:8933546

    CAIRO, April 28 (MENA) - The Monetary Policy Committee at the Central Bank of Egypt (CBE) decided Wednesday to keep the current overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25 ....

  • Finance minister appoints new ECA head for one year

    Date: 2021-04-28 14:23:14 GMT - Egypt - Economy - SN:49 - ID:8933297

    CAIRO, April 28 (MENA) - Finance Minister Mohamed Maait decided Wednesday to second El Shahhat Ghattori to the post of Chairman of the Egyptian Customs Authority (ECA) for one year. The decision will be effective as of May 1. Ghattori will ....

  • Global (2) : CGTN: Let's talk Xinjiang: LIU Xin speaks to three ambassadors to China

    Date: 2021-04-28 13:27:25 GMT - China - Economy - SN:42 - ID:8933417

    Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= BEIJING, April 28, 2021 /PRNewswire/ -- In the eyes of some Western politicians and media who may have never ....

  • EgyptAir to operate 61 flights Thursday

    Date: 2021-04-28 13:27:02 GMT - Egypt - Economy - SN:41 - ID:8933293

    CAIRO, April 28 (MENA) - EgyptAir will operate on Thursday 61 flights carrying 3,984 passengers to various destinations across the world. In a statement released Wednesday, the state-owned flag carrier said the international flights will head to ....

  • Oman Air and EgyptAir sign code-sharing agreement

    Date: 2021-04-28 13:16:54 GMT - Egypt - Economy - SN:39 - ID:8933075

    CAIRO, April 28 (MENA) - EgyptAir has signed a code-sharing agreement with Oman Air. Amr Abu El-Enein, EgyptAir Holding chairman, on Wednesday lauded the fruitful cooperation with the Omani carrier, noting that the inking of this agreement will ....

  • US dollar exchange rate stable at Egypt's banks

    Date: 2021-04-28 12:56:51 GMT - Egypt - Economy - SN:36 - ID:8933149

    CAIRO, April 28 (MENA) - The US dollar exchange rate was stable during Wednesday's transactions at Egypt's major banks, recording EGP 15.61 for buying and EGP 15.73 for selling, ahead of a meeting of the Central Bank of Egypt (CBE) monetary ....

  • Bourse indexes down amid profit-taking operations

    Date: 2021-04-28 12:54:36 GMT - Egypt - Economy - SN:35 - ID:8933189

    CAIRO, April 28 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Wednesday’s trading, prompted by profit-taking operations amid sales by foreign investment institutions and funds and Egyptian individuals and purchases by ....

  • New FY witnesses for 1st time ever drafting of medium term budget plan for a three-year period - Finance Minister

    Date: 2021-04-28 12:33:37 GMT - Egypt - Economy - SN:33 - ID:8932987

    CAIRO, April 28 (MENA) - Minister of Finance Mohamed Maait said the new fiscal year will witness for the first time ever the drafting of a medium term budget plan for a three-year period which will be presented to the House of Representatives. In ....

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