Economy

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  • Category : Economy
  • CBE: Balance of payment surplus hits dlrs 1.5 bn in first half of 2020-2021 FY

    Date: 2021-04-12 22:59:32 GMT - Egypt - Economy - SN:112 - ID:8906894

    CAIRO, April 12 (MENA) – The Central Bank of Egypt (CBE) said the balance of payment with regard to the country's foreign transactions hit a surplus of dlrs 1.5 billion in the first half of the 2020-2021 fiscal year against a total deficit of dlrs 9 ....

  • Banque Misr achieves EGP 24 billion in profits in FY 2019/20

    Date: 2021-04-12 22:14:27 GMT - Egypt - Economy - SN:111 - ID:8906799

    CAIRO, April 12 (MENA) – Banque Misr achieved EGP 24 billion in profits, before tax deduction, in fiscal year 2019/20, 40% up from previous fiscal year, the bank said in a statement Monday. Net profits recorded EGP 11 billion in 2019/20 after ....

  • Global 8: Cobre del Mayo, S.A. de C.V. Announces an Exchange Offer for its Senior Secured PIK Toggle Notes Due 2021

    Date: 2021-04-12 21:10:12 GMT - Mexico - Economy - SN:105 - ID:8906840

    Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= Cobre del Mayo, S.A. de C.V. Announces an Exchange Offer for its Senior Secured PIK Toggle Notes Due ....

  • Finance min. probes economic cooperation with Sudan

    Date: 2021-04-12 18:03:47 GMT - Egypt - Economy - SN:93 - ID:8906332

    CAIRO, April 12 (MENA) - Minister of Finance Mohamed Maait said that infrastructural investments are one of the most important pillars of economic reform, given their importance for creating a conducive environment for local and foreign ....

  • Global (7): Arc XP releases new state-of-the-art eCommerce experience 

    Date: 2021-04-12 15:53:03 GMT - USA - Economy - SN:85 - ID:8906387

    Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= WASHINGTON, April 12, 2021 /PRNewswire/ -- Arc XP today announces the launch of its state-of-the-art ....

  • Global ( 6 ): Digital Cooperation Organization welcomes Nigeria and Oman as founding members, and launches several initiatives

    Date: 2021-04-12 14:56:44 GMT - Kingdom of Saudi Arabia - Economy - SN:79 - ID:8906297

    Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= RIYADH, Saudi Arabia, April 12, 2021 /PRNewswire/ -- The Digital Cooperation Organization (DCO), based in ....

  • EgyptAir to operate 41 int'l, domestic flights Tuesday

    Date: 2021-04-12 14:35:37 GMT - Egypt - Economy - SN:76 - ID:8906074

    CAIRO, April 10 (MENA) - EgyptAir will operate 41 international and domestic flights on Tuesday to transport 2,891 passengers to different destinations. In a statement released Monday, the national flag carrier said 30 international flights will ....

  • Mashat sheds light on role of private sector in development process

    Date: 2021-04-12 14:27:38 GMT - Egypt - Economy - SN:73 - ID:8906036

    CAIRO, April 12 (MENA) - Minister of International Cooperation Rania el Mashat affirmed that the private sector is a main partner in achieving sustainable development. The minister's statements came during a virtual conference as part of the ....

  • All EGX indices up, benchmark goes up 0.55%

    Date: 2021-04-12 13:57:50 GMT - Egypt - Economy - SN:66 - ID:8906034

    CAIRO, April 12 (MENA) – Egyptian Exchange indexes posted collective gains at the close of Monday's trading. The market capital closed at EGP 653.2 billion, after transactions totaled EGP 5.4 billion. The EGX 30 benchmark index increased ....

  • Trade minister says committee works on dealing with industry sector problems

    Date: 2021-04-12 13:53:35 GMT - Egypt - Economy - SN:65 - ID:8905764

    CAIRO, April 12 (MENA) - Minister of Trade and Industry Niven Gamea has said the Industry Stimulation Committee is about to spot and determine all the challenges hindering the work of the industrial sector in preparation for issuing decisions ....

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