Economy

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  • Category : Economy
  • Egypt inks €200 mln. loan deal with JIKA in support of energy sector

    Date: 2021-02-15 21:38:32 GMT - Egypt - Economy - SN:82 - ID:8801505

    CAIRO, Feb 15 (MENA) - Japan International Cooperation Agency (JIKA) signed Monday a €200 million loan agreement with Egypt to support the country’s energy sector. In a statement after the signing ceremony, JICA Chief Representative in Egypt ....

  • Finance ministry auctions T-bonds worth EGP 17 bln

    Date: 2021-02-15 20:58:28 GMT - Egypt - Economy - SN:77 - ID:8801507

    CAIRO, Feb 15 (MENA) - The Ministry of Finance auctioned on Monday treasury bonds at a total value of EGP 17 billion. In an online statement, the ministry said it sold two-year T-bonds worth EGP 5 billion, with an average yield of 13.67 ....

  • Global companies seek to invest in Egyptian oil sector, says min.

    Date: 2021-02-15 18:09:02 GMT - Egypt - Economy - SN:65 - ID:8801240

    CAIRO, Feb 15 (MENA) - Petroleum Minister Tareq el Mulla said on Monday that several global oil companies have bid for contracts to invest in the Egyptian oil market. The minister was speaking at a meeting of the House of Representatives' ....

  • PM follows up efforts to improve public business sector's companies

    Date: 2021-02-15 18:05:50 GMT - Egypt - Economy - SN:63 - ID:8801179

    CAIRO, Feb 15 (MENA) - Prime Minister Mostafa Madbouli probed Monday with Minister of the Public Minister Sector Hisham Tawfik the ongoing efforts to improve the ministry's affiliated companies. Speaking of the cotton and textile industries, ....

  • Egypt, Japan ink $240-mln-development financing agreement

    Date: 2021-02-15 16:02:24 GMT - Egypt - Economy - SN:51 - ID:8800879

    CAIRO, Feb 15 (MENA) - International Cooperation Minister Rania Al-Mashat and Finance Minister Mohamed Maait signed on Monday an agreement with the Japanese Embassy and the Japanese International Cooperation Authority in Cairo (JICA), that secures ....

  • Global (2): Ty Warner's Las Ventanas, the Doctor is In

    Date: 2021-02-15 15:24:55 GMT - Mexico - Economy - SN:49 - ID:8801079

    Ty Warner Hotels & Resorts' Five-Star Hotel Offers On-Site Physician for COVID Testing SAN JOSE DEL CABO, Mexico, Feb. 15, 2021 /PRNewswire/ -- In response to the Centers for Disease Control and Prevention's (CDC) requirement of COVID-19 testing ....

  • CAPMAS: Slight decrease in Egypt's unemployment rate in Q4 of 2020

    Date: 2021-02-15 14:50:46 GMT - Egypt - Economy - SN:44 - ID:8800311

    CAIRO, Feb 15 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Monday a slight decrease in Egypt's unemployment rate to reach 7.2 percent in the fourth quarter of 2020, compared to 7.3 percent in the third ....

  • EGX indices show mixed performance, benchmark rises 0.17 pct

    Date: 2021-02-15 13:42:10 GMT - Egypt - Economy - SN:39 - ID:8800821

    CAIRO, Feb 15 (MENA) - The Egyptian Exchange (EGX) indices showed mixed performance at the close of Monday's trading amid purchases from local and Arab investors. Meanwhile, sales prevailed in transactions of foreign institutions. The market ....

  • Planning minister probes with banks' presidents, financing companies economic mechanisms of "Decent Life"

    Date: 2021-02-15 10:35:23 GMT - Egypt - Economy - SN:33 - ID:8800224

    CAIRO, Feb 15 (MENA) - Minister of Planning and Economic Development Hala el Saeed asserted the importance of outlining economic empowerment mechanisms to provide appropriate job opportunities and finance resources as part of the presidential ....

  • Cabinet: EGP among best world currencies against dollars in 4 years

    Date: 2021-02-15 10:13:31 GMT - Egypt - Economy - SN:30 - ID:8800236

    CAIRO, Feb 15 (MENA) - The Cabinet's media center said Monday the Egyptian pound showed a strong performance in 2020 and even reached gains before the US dollar despite the coronavirus crisis. A report published by the center said the exchange ....

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