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Economy
- Service : English General
- Category : Economy
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Egypt's Bourse: Thursday holiday on occasion of new Hijri year
Date: 2024-07-07 09:45:41 GMT - Egypt - Economy - SN:15 - ID:10774642
CAIRO, July 7 (MENA) - The Egyptian Exchange (EGX) announced that it will be off on Thursday, July 11 on the occasion of the new Hijri year 1446. The EGX, in a statement issued on Sunday, said transactions at the stock market would be resumed as ....
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Egypt’s non-oil trade deficit decreases 22.9%, during 1stQ of 2024
Date: 2024-07-07 08:40:21 GMT - Egypt - Economy - SN:13 - ID:10774570
CAIRO, July 7 (MENA) - Egypt’s non-oil trade deficit reached $6.4 billion during the first quarter of 2024, compared to about $8.3 billion during the same period of the previous year. This decrease of 22.9 percent is due to the decrease in the ....
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Arab economic unity council recommends cooperation with BRICS group
Date: 2024-07-07 07:36:27 GMT - Egypt - Economy - SN:10 - ID:10774468
CAIRO, July 7 (MENA) - The Council of Arab Economic Unity underlined the importance of cooperation with the BRICS group given its global economic weight. This came in recommendations issued by the 59th regular meeting of the specialized unions ....
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3,350 head of cattle arrive at Safaga port from Djibouti
Date: 2024-07-06 17:41:43 GMT - Egypt - Economy - SN:67 - ID:10774046
HURGHADA, Egypt, July 6 (MENA) - As many as 3,350 head of cattle arrived at Safaga port on Saturday coming from Djibouti, the Red Sea Ports Authority media center said. The cattle shipment was checked at the veterinary quarantine department in ....
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Egypt receives first cattle shipment from Somalia
Date: 2024-07-06 15:05:20 GMT - Egypt - Economy - SN:53 - ID:10773727
CAIRO, July 6 (MENA) - Chairman of the African livestock and camels importer association Ahmed Hassan Hafiz said Egypt received the first shipment of livestock coming from Somalia carrying 1,500 head of cattle. In press statements on Saturday, he ....
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CBE: Bank finance portfolios for MSMEs grew by 362% in 6 years
Date: 2024-07-05 17:02:04 GMT - Egypt - Economy - SN:47 - ID:10772852
CAIRO, July 5 (MENA) – The Central Bank of Egypt (CBE) announced that banks' finance portfolios for micro, small, and medium-sized enterprises (MSMEs) grew by 362% in six years (December 2015 to December 2023). In a report obtained by MENA on the ....
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Arab Contractors' board chairman to MENA: Rapid infrastructure development in Egypt over past 10 years
Date: 2024-07-05 15:07:09 GMT - Algeria - Economy - SN:45 - ID:10772728
ALGIERS, July 5 (MENA) - Chairman of the Board of Directors of the Arab Contractors for Facility Management (ACFM) Mohamed Mandour lauded the rapid development in the infrastructure and utilities that took place in Egypt over the past 10 years, ....
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Egypt's bourse up on cabinet reshuffle, gains EGP 37bn
Date: 2024-07-05 13:50:11 GMT - Egypt - Economy - SN:29 - ID:10772468
CAIRO, July 5 (MENA) - Egyptian Exchange (EGX) indexes posted gains worth more than EGP 37 billion during last week's trading, amid news of a cabinet reshuffle along with the government's announcement of a major partnership with Talaat Moustafa ....
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Planning min. says economic reform path to continue
Date: 2024-07-05 11:07:17 GMT - Egypt - Economy - SN:26 - ID:10772520
NEW ADMINISTRATIVE CAPITAL, July 5 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat affirmed the continuation of the economic reform path, as well as supporting development plans and encouraging ....
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ITFC's CEO to MENA: Dlrs 1.2bn in trade financing allocated for supply sector in first 6 months of 2024
Date: 2024-07-05 09:59:10 GMT - Egypt - Economy - SN:23 - ID:10772330
NASSAU/BAHAMAS, July 5 (MENA) - Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC), said that the ITFC is in the process of signing a sixth agreement within the framework agreement signed between Egypt and the ITFC ....
