Economy

  • Service : English General
  • Category : Economy
  • CBE: Foreign currency reserves hit $40.609bn

    Date: 2021-08-04 13:16:35 GMT - Egypt - Economy - SN:49 - ID:9094365

    CAIRO, Aug 4 (MENA) - The Central Bank of Egypt announced an increase in its net reserves of foreign currency by $25 million at the end of July. In a statement Wednesday, the CBE said Egypt's foreign currency reserves recorded $40.609 billion by ....

  • IDSC: Hurghada hotels occupancy rate to double in 2021

    Date: 2021-08-04 12:31:25 GMT - Egypt - Economy - SN:45 - ID:9094156

    CAIRO, Aug 4 (MENA) - Colliers International expected Hurghada hotels' occupancy in 2021 to double, according to an infograph issued by the Cabinet's Information and Decision Support Center (IDSC). The infograph also expected a rise in hotels' ....

  • Dollar prices stable at Egypt's major banks

    Date: 2021-08-04 09:28:25 GMT - Egypt - Economy - SN:26 - ID:9093721

    CAIRO, Aug 4 (MENA) - The US dollar exchange rate was stable during Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt and Banque Misr, the dollar rate remained stable, recording EGP 15.63 for buying and EGP 15.73 for ....

  • Global (3): New All-Flash Data Center White Paper Released to Redefine All-Flash Data Centers

    Date: 2021-08-04 09:14:54 GMT - China - Economy - SN:23 - ID:9093802

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ================================================== SHENZHEN, China, Aug. 4, 2021 /PRNewswire/ -- An International Data Corporation (IDC) ....

  • global 2:Digital Asset Management Platform Aspen Digital Raises $8.8M in Pre-A Funding Led by RIT Capital Partners and Liberty City Ventures

    Date: 2021-08-04 07:19:10 GMT - Hong Kong - Economy - SN:12 - ID:9093448

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== One-stop asset management solution taps into surging ....

  • global 1:TAIGER readies for hypergrowth with SAP APJ President Stephen Watts joining as Chief Operating Officer

    Date: 2021-08-04 06:07:15 GMT - Singapore - Economy - SN:4 - ID:9093392

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== SINGAPORE, Aug. 4, 2021 /PRNewswire/ -- ....

  • EgyptAir Maintenance provides technical support for Iraqi Airways

    Date: 2021-08-03 23:29:02 GMT - Egypt - Economy - SN:115 - ID:9093220

    CAIRO, Aug 3 (MENA) – EgyptAir Maintenance announced Tuesday it has provided technical support for the Iraqi Airways. Hani Salah El-Din, Chairman of the Board of Directors of EgyptAir Maintenance, explained that Iraqi Airways requested an amendment ....

  • Achieving food security tops new republic's priorities, says official

    Date: 2021-08-03 20:00:12 GMT - Egypt - Economy - SN:100 - ID:9093025

    CAIRO, Aug 3 (MENA) - Vice President of the Egyptian Trade Unions Federation (ETUF) and President of the General Trade Union of Food Industries Khaled Aish said that achieving food security is a top priority of the new republic. In exclusive ....

  • ETUF chief lauds Sisi’s efforts on food security

    Date: 2021-08-03 19:29:35 GMT - Egypt - Economy - SN:95 - ID:9093097

    CAIRO, Aug 3 (MENA) – Abdel Moneim El-Gamal, Vice President of the Egyptian Trade Unions Federation (ETUF), has praised the opening of the "Silo Foods" City, which by President Abdel Fattah El Sisi on Tuesday. El-Gamal told MENA that Sisi earnestly ....

  • Supply ministry says studying presidential directives to increase price of subsidized bread loaf

    Date: 2021-08-03 18:28:21 GMT - Egypt - Economy - SN:88 - ID:9093024

    CAIRO, Aug 3 (MENA) - The Supply and Internal Trade Ministry said on Tuesday that a study is under way as regards presidential directives to increase the price of the subsidized bread loaf. Speaking to MENA, Spokesman for the Supply Ministry ....

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