Economy

  • Service : English General
  • Category : Economy
  • JICA, Banque Misr, SMBC seal deal to support SMEs

    Date: 2021-04-05 08:12:12 GMT - Egypt - Economy - SN:27 - ID:8891745

    CAIRO, April 5 (MENA) - The Japan International Cooperation Agency (JICA), Banque Misr and Sumitomo Mitsui Banking Corporation (SMBC) have signed a loan agreement worth 100 million dollars to support SMEs and micro projects in Egypt. JICA chief ....

  • Gov't keen on develop real estate sector in partnership with private firms - min.

    Date: 2021-04-05 08:07:23 GMT - Egypt - Economy - SN:26 - ID:8891759

    CAIRO, April 5 (MENA) - Public Business Sector Minister Hisham Tawfiq underlined the government's support for real estate development and engagement in fruitful partnership with the private sector in the urban development domain. Tawfiq made the ....

  • PM hands over 1st batch of gas-diesel hybrid vehicles to beneficiaries

    Date: 2021-04-04 20:50:03 GMT - Egypt - Economy - SN:94 - ID:8891390

    CAIRO, April 4 (MENA) - Prime Minister Mostafa Madbouli attended Sunday a ceremony to hand over the first batch of gas-diesel hybrid vehicles as part of a presidential initiative to replace old cars and convert them to run on natural gas. The ....

  • Egypt to launch national program for structural reforms

    Date: 2021-04-04 18:40:21 GMT - Egypt - Economy - SN:88 - ID:8891157

    CAIRO, April 4 (MENA) - Egypt will launch a national program for structural reforms soon, which is aimed at shoring up the country's economy, Prime Minister Mostafa Madbouli said Sunday. At a meeting with Planning and Economic Development ....

  • Sisi orders gov't to back national heavy industries

    Date: 2021-04-04 17:16:17 GMT - Egypt - Economy - SN:80 - ID:8891073

    CAIRO, April 4 (MENA) - President Abdel Fattah El Sisi has directed the government to support national heavy industries, topped by cement, iron and steel. During a meeting on Sunday with Prime Minister Minister Mostafa Madbouli, Presidential ....

  • Egypt’s net foreign reserves up to $40.337 in March - CBE

    Date: 2021-04-04 16:08:01 GMT - Egypt - Economy - SN:77 - ID:8891083

    CAIRO, April 4 (MENA) - Egypt's net foreign currency reserves rose to $40.337 billion in March, the Central Bank of Egypt (CBE) said in a statement Sunday. The figure was $40.200 billion in February, it added. (MENA) M I E/M O H ....

  • Trade minister suspends export of beans for 3 months

    Date: 2021-04-04 16:05:18 GMT - Egypt - Economy - SN:75 - ID:8890878

    CAIRO, April 4 (MENA) - Minister of Trade and Industry Nevine Gamae issued a decision to suspend the export of beans for three months, as of the date of its publication in the official Egyptian newspaper Al-Waqa'i' al-Misriyya (Egyptian ....

  • Bourse indexes decline as Sunday's session closes

    Date: 2021-04-04 15:27:45 GMT - Egypt - Economy - SN:68 - ID:8890902

    CAIRO, April 4 (MENA) – Egyptian Exchange indexes posted collective losses at the close of Sunday's trading with the market capital reaching EGP 646.02 billion. The EGX 30 benchmark index decreased 1.4 percent to stand at 10,417.15 points. The ....

  • EgyptAir operates 56 int'l, domestic flights Sunday

    Date: 2021-04-04 14:33:30 GMT - Egypt - Economy - SN:62 - ID:8890781

    CAIRO, April 4 (MENA) - EgyptAir is operating 56 international and domestic flights on Sunday with 5,509 passengers on board. In a statement, the national flag carrier said 37 international flights will head for each of Baghdad, Erbil, N'Djamena, ....

  • CAPMAS: Trade balance deficit down 17.9% in Jan. 2021

    Date: 2021-04-04 10:20:28 GMT - Egypt - Economy - SN:38 - ID:8890120

    CAIRO, April 4 (MENA) - The trade balance deficit has retreated by 17.9 percent to reach 3.15 billion dollars during January 2021, compared with 3.85 billion dollars during the same month in 2020, said the Central Agency for Public Mobilization and ....

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