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Economy
- Service : English General
- Category : Economy
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Banque Misr keeps monthly return on saving certificates at 11%
Date: 2021-02-04 19:10:32 GMT - Egypt - Economy - SN:79 - ID:8784360
CAIRO, Feb 4 (MENA) - The Assets and Liabilities Committee (ALCO) at Banque Misr decided on Thursday to keep the interest rate or return on its three-year Summit Certificates, the return of which is paid monthly, at 11 percent. This comes in the ....
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Prime minister reviews general outline to establish Gold City
Date: 2021-02-04 18:38:54 GMT - Egypt - Economy - SN:75 - ID:8784269
CAIRO, Feb 4 (MENA) – Prime Minister Moustafa Madbouli on Thursday reviewed the general outline of a Gold City Egypt is planning to establish in the hopes of luring billions of dollars in foreign investments. President Abdel Fattah El Sisi had ....
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CBE keeps interest rates unchanged 2 last Cairo
Date: 2021-02-04 16:45:31 GMT - Egypt - Economy - SN:65 - ID:8784165
The MPC decided that keeping policy rates unchanged remains consistent with achieving the inflation target of 7 percent (±2 percentage points) on average in 2022 Q4 and price stability over the medium term. Moreover, the statement noted that the ....
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CBE keeps interest rates unchanged
Date: 2021-02-04 16:41:32 GMT - Egypt - Economy - SN:64 - ID:8784159
CAIRO, Feb 4 (MENA) - The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25 percent, and 8.75 ....
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Finance Ministry auctions T-bills worth EGP 19.2 bln
Date: 2021-02-04 16:01:35 GMT - Egypt - Economy - SN:61 - ID:8784008
CAIRO, Feb 4 (MENA) - The Ministry of Finance auctioned on Thursday treasury bills at a total value of EGP 19.250 billion. In an online statement the ministry said, it sold 182-day T-bonds worth EGP 7 billion, with an average yield of ....
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Cabinet: Egypt's Circular economy is promising
Date: 2021-02-04 13:20:55 GMT - Egypt - Economy - SN:39 - ID:8783556
CAIRO, Feb 4 (MENA) - The cabinet’s Information and Decision Support Center (IDSC) has published an infographic on the continuity of Egypt's listing within the category of growth-stage countries in the Circular Gap Report 2021, along with five major ....
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Planning minister: EGP 30 bn to execute 407 projects in Giza within 2020/21 fiscal plan
Date: 2021-02-04 11:55:18 GMT - Egypt - Economy - SN:33 - ID:8783405
CAIRO, Feb 4 (MENA) - Minister of Planning and Economic Development Hala el-Saeed announced that around EGP 30 billion are allocated within the 2020/21 fiscal plan to carry out 407 projects in Giza governorate, with an increase of 39.6% within the ....
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Global (3): Spacecom Is Leading the Communications Revolution in Africa
Date: 2021-02-04 10:52:51 GMT - Israel - Economy - SN:30 - ID:8783381
The new communication platforms unveiled by Spacecom at IMPROVATE Communication Africa 2021 Conference, will enable African countries to achieve a leapfrog in the communication services they provide to their citizens Keynote speaker Mr. Tony ....
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Oil minister: Use of cutting-edge technology to locate oil in western desert
Date: 2021-02-04 09:11:32 GMT - Egypt - Economy - SN:21 - ID:8783147
CAIRO, Feb 4 (MENA) - Minister of Petroleum and Mineral Wealth Tareq el Molla said the recently discovered oil wells in the western desert asserted that the area has not yet revealed its secrets and already enjoys abundant natural resources. In ....
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Global (2): Hikvision launches new ITS camera for improvement of road safety and traffic flow
Date: 2021-02-04 07:09:54 GMT - China - Economy - SN:11 - ID:8782980
The new All-Rounder ITS camera is engineered with an all-in-one structure, embedding video, radar, and supplemental light in one module, helping traffic authorities to easily ramp up the detection of violations HANGZHOU, China, Feb. 4, 2021 ....
