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Economy
- Service : English General
- Category : Economy
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EGX gains EGP 2.5bn at end of 1st session in 2021
Date: 2021-01-03 13:58:54 GMT - Egypt - Economy - SN:35 - ID:8737446
CAIRO, Jan 3 (MENA) - The Egyptian Exchange gained 2.5 billion pounds at the end of trading Sunday on the back of buying operations by investors optimistic about market performance as a new year begins. The EGX 30 benchmark index remained ....
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FRA launches new initiative to promote non-cash payment
Date: 2021-01-03 13:54:02 GMT - Egypt - Economy - SN:32 - ID:8737311
CAIRO, Jan 3 (MENA) – The Financial Regulatory Authority (FRA) has launched a new initiative meant to activate non-cash payment methods and boost financial inclusion. The new initiative promotes digital payment tools, particularly where micro ....
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MSMEDA bankrolls 124,000 development projects across Egypt -- Minister
Date: 2021-01-03 11:05:57 GMT - Egypt - Economy - SN:21 - ID:8737015
CAIRO, Jan 3 (MENA) – Trade and Industry Minister Nevine Gamae said Sunday that the Micro, Small and Medium Enterprises Development Agency (MSMEDA), which she chairs, has financed 124,000 projects worth 3.7 billion pounds since early 2020 until last ....
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Global (1): CGTN: Full text of CMG President Shen Haixiong's New Year address
Date: 2021-01-02 15:21:53 GMT - China - Economy - SN:32 - ID:8736392
Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================ BEIJING, Jan. 2, 2021 /PRNewswire/ -- Dear friends, The year 2021 is filled with new hopes and ....
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Finance minister: Egypt adopted preemptive, flexible policy to face Covid-19
Date: 2021-01-02 11:22:58 GMT - Egypt - Economy - SN:22 - ID:8735917
CAIRO, Jan 2 (MENA) - Finance Minister Mohamed Maait has said the government has efficiently managed to handle the novel coronavirus crisis, receiving acclaim by international credit rating and financing institutions. Egypt has adopted a ....
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Finance min.: EGP 245.5 billion paid to insurance & pensions authority within 18 months
Date: 2021-01-01 11:32:32 GMT - Egypt - Economy - SN:19 - ID:8734991
CAIRO, Jan 1 (MENA) - Finance Minister Mohamed Maait said that the treasury had transferred EGP 245.5 billion to the National Authority for Insurance and Pensions within 18 months. This came in line with President Abdel Fattah El Sisi's ....
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Petroleum ministry reaches 12 new exploration agreements worth $1.4 bln
Date: 2021-01-01 10:01:25 GMT - Egypt - Economy - SN:15 - ID:8734920
CAIRO, Jan 1 (MENA) – Minister of Petroleum and Mineral Resources Tareq el Molla has signed nine new agreements with six major international and Egyptian companies to search for petroleum and natural gas in the eastern and western Mediterranean, as ....
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Global (1): CGTN: After 'extraordinary' 2020, what are Xi Jinping's expectations for 2021?
Date: 2021-01-01 05:32:28 GMT - China - Economy - SN:2 - ID:8734721
Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================ BEIJING, Jan. 1, 2021 /PRNewswire/ -- 2021, a year that marks the beginning of China's new five-year plan ....
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Reports of int’l agencies prove Egyptian economy on track - minister
Date: 2020-12-31 16:55:06 GMT - Egypt - Economy - SN:50 - ID:8734485
CAIRO, Dec 31 (MENA) – Planning Minister Hala el Saeed said Thursday that the reports of the international agencies referring to and analyzing the Egyptian economy had proved that it was on the right track. Saeed cited some international ....
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EGX loses EGP 57.5bn in 2020 due to coronavirus pandemic
Date: 2020-12-31 15:57:09 GMT - Egypt - Economy - SN:44 - ID:8734177
CAIRO, Dec 31 (MENA) - The Egyptian Exchange (EGX) indexes saw a sharp mixed performance throughout 2020 due to the impacts of the coronavirus pandemic that hit the world since early 2020. The EGX indices posted sharp losses in the first quarter ....
