Economy

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  • Category : Economy
  • Bourse gains EGP 8.9 bln, all indexes up

    Date: 2021-07-25 14:02:56 GMT - Egypt - Economy - SN:68 - ID:9077445

    CAIRO, July 25 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session, backed by strong purchases by local investment funds, along with Arab and foreign investors. The market capital gained about ....

  • SCZone, Mercedes sign contract to establish logistic center in Ain Sokhna

    Date: 2021-07-25 12:32:32 GMT - Egypt - Economy - SN:61 - ID:9077240

    CAIRO, July 25 (MENA) - The Suez Canal Economic Zone (SCZone) on Sunday signed an initial contract with Mercedes-Benz to establish a logistics center in Ain Sokhna industrial zone. The contract was signed by SCZone Chairman Yehia Zaki and Chief ....

  • Finance Ministry: Total returns from Alex Port customs exceed EGP 8bn

    Date: 2021-07-25 12:29:53 GMT - Egypt - Economy - SN:59 - ID:9077277

    CAIRO, July 25 (MENA) – Total returns from customs and duties collected at Alexandria Port during June exceeded eight billion pounds, the Finance Ministry said Sunday. A report by the Egyptian Customs Authority put the total value of returns at ....

  • Kfw Development Bank to offer 41mn euros in debt swap, says minister

    Date: 2021-07-25 11:13:33 GMT - Egypt - Economy - SN:52 - ID:9077069

    CAIRO, July 25 (MENA) – International Cooperation Minister Rania el Mashaat said Sunday that KfW Development Bank will offer some 41 million euros as part of a debt swap program meant to implement a comprehensive technical education initiative in ....

  • Dollar prices stable at Egypt's major banks

    Date: 2021-07-25 09:30:51 GMT - Egypt - Economy - SN:41 - ID:9077005

    CAIRO, July 25 (MENA) - The US dollar exchange rate was stable during Sunday's transactions at Egypt's major banks. At the National Bank of Egypt and Banque Misr, the dollar rate remained stable, recording EGP 15.62 for buying and EGP 15.72 for ....

  • Safaga-Dhaba navigation resumes following Hajj season

    Date: 2021-07-24 22:02:26 GMT - Egypt - Economy - SN:69 - ID:9076431

    HURGHADA, July 24 (MENA) - Navigation between Egypt's ports of Safaga and Hurghada and the Saudi port of Dhaba resumed Saturday. The ferryboat traffic between the two sides were suspended during the Hajj season. Saudi Arabia has reopened its ....

  • Govt keen on maintaining stability of tax policies amid reforms- minister

    Date: 2021-07-24 13:49:25 GMT - Egypt - Economy - SN:39 - ID:9075975

    CAIRO, July 24 (MENA) – Minister of Finance Mohamed Maait said Saturday that the government has been keen on maintaining the stability of tax policies amid the economic reforms, aimed at achieving fiscal consolidation. Upgrading and digitizing ....

  • global(1):CGTN Think Tank Releases an Analytical Report on the Global Situation of the COVID-19 Pandemic

    Date: 2021-07-24 12:45:19 GMT - China - Economy - SN:33 - ID:9076058

    Dear subscribers, following is a global bulletin published for PRNewswire under its own ....

  • EgyptAir to operate 92 flights Saturday

    Date: 2021-07-23 20:05:43 GMT - Egypt - Economy - SN:64 - ID:9075152

    CAIRO, July 23 (MENA) – EgyptAir will operate 92 flights on Saturday, carrying 8,288 passengers to various destinations across the world. In a press statement Friday, the national carrier said it is scheduled to operate 59 international, 29 ....

  • Global (6): CGTN: China vows 'lasting stability, high-quality development' in Tibet Autonomous Region

    Date: 2021-07-23 16:40:12 GMT - China - Economy - SN:52 - ID:9075040

    Dear subscribers, following is a global bulletin published for PRNewswire under its own ....

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