Economy

  • Service : English General
  • Category : Economy
  • Egypt's budget deficit decreased 7.4% in FY 2020/21, says finance min.

    Date: 2021-07-29 16:10:11 GMT - Egypt - Economy - SN:82 - ID:9084463

    EL ALAMEIN, Egypt, July 29 (MENA) - Finance Minister Mohamed Maait revealed that Egypt's budget deficit decreased to 7.4 percent of the total GDP in the FY 2020/2021, compared to 8.0 percent in the previous fiscal year. During a weekly cabinet ....

  • Egypt registered primary budget surplus of EGP 93.1 bln in FY 2020/21: minister

    Date: 2021-07-29 15:52:12 GMT - Egypt - Economy - SN:80 - ID:9084371

    CAIRO, July 29 (MENA) – Minister of Finance Mohamed Maait said President Abdel Fattah El Sisi is leading a march of development for establishing a “new republic”, noting that the march is focused on improving citizens’ lives and upgrading services ....

  • EgyptAir to operate 82 flights Friday

    Date: 2021-07-29 15:43:37 GMT - Egypt - Economy - SN:78 - ID:9084543

    CAIRO, June 29 (MENA) – EgyptAir will operate on Friday 82 flights to ferry 9,841 passengers to various domestic and international destinations. In a press statement on Thursday, the national flag carrier said 66 international flights will head ....

  • Finance ministry auctions T-bills worth EGP 21 bln

    Date: 2021-07-29 15:22:49 GMT - Egypt - Economy - SN:75 - ID:9084432

    CAIRO, July 29 (MENA) - The Ministry of Finance on Thursday auctioned treasury bills at a total value of EGP 21 billion. In an online statement, the ministry said it sold 182-day T-bills worth EGP 6 billion, with an average yield of 13.149 ....

  • EGX indices show mixed performance, benchmark draws back 0.25 pct

    Date: 2021-07-29 14:08:16 GMT - Egypt - Economy - SN:69 - ID:9084353

    CAIRO, July 29 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Thursday's trading session, amid marked purchases of small and medium-sized enterprises' shares, as well as speculative equities. The market capital ....

  • Global (6)Four Seasons Hotel Philadelphia Welcomes Cornelia Samara as General Manager

    Date: 2021-07-29 13:18:14 GMT - USA - Economy - SN:61 - ID:9084352

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ========================================================================================== Samara trades the Miami surf for Philadelphia's ....

  • global (5): Hikvision announces 2021 first half-year financial results

    Date: 2021-07-29 12:13:19 GMT - China - Economy - SN:57 - ID:9084208

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ========================================================================================== Hikvision announces 2021 first half-year financial ....

  • Gov't dismisses increase in food commodity prices after fuel price rise

    Date: 2021-07-29 12:12:55 GMT - Egypt - Economy - SN:56 - ID:9084009

    CAIRO, July 29 (MENA) - The Cabinet media center dismissed Thursday reports purporting an increase in food commodity prices in the wake of a recent rise in fuel prices. In a statement issued Thursday, the cabinet said it contacted the Ministry of ....

  • Japan amb. says Egypt's economy has great potential

    Date: 2021-07-29 12:04:02 GMT - Egypt - Economy - SN:54 - ID:9083902

    CAIRO, July 29 (MENA) - Japanese Ambassador in Cairo Masaki Noke said that Egypt's economy has great potential. The Japanese diplomat's remarks came as he and CEO of the General Authority For Investment and Free Zones (GAFI) Mohamed Abdel Wahab ....

  • Global (4): CATL Unveils Its Latest Breakthrough Technology by Releasing Its First Generation of Sodium-ion Batteries

    Date: 2021-07-29 11:12:06 GMT - China - Economy - SN:48 - ID:9084025

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== Another Milestone in the Industrialization of Innovative ....

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