Economy

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  • Category : Economy
  • Egypt's economic reforms contributed to mitigating coronavirus fallout- says report

    Date: 2020-12-20 14:16:28 GMT - Egypt - Economy - SN:33 - ID:8719523

    CAIRO, Dec 20 (MENA) - The Cabinet's Media Center has said that bold economic reforms and the well-coordinated fiscal and monetary policies implemented by the government contributed to mitigating coronavirus repercussions. Those measures, which ....

  • Poland seeks to establish industrial zone in Suez Canal corridor

    Date: 2020-12-20 11:55:58 GMT - Egypt - Economy - SN:25 - ID:8719328

    CAIRO, Dec 20 (MENA) - Egyptian Ambassador to Poland Hatem Tag el Din discussed on Sunday with Polish Deputy Foreign Minister Paweł Jabłoński ways of boosting bilateral cooperation and meetings between the Suez Canal Economic Zone and Poland's ....

  • 1st expo for technologies of vehicles conversions to natural gas set for Jan.: min.

    Date: 2020-12-20 10:50:06 GMT - Egypt - Economy - SN:19 - ID:8719203

    CAIRO, Dec 20 (MENA) - Trade and Industry Minister Neveen Gamea on Sunday said preparations are underway for organizing the first exhibition on the technology of vehicles conversion to natural gas, which is set to be launched in January under the ....

  • Balance of trade deficit down 32.4% from September 2019 -- CAPMAS

    Date: 2020-12-20 09:45:18 GMT - Egypt - Economy - SN:15 - ID:8719168

    CAIRO, Dec 20 (MENA) - The balance of trade deficit decreased by 32.4 percent to 2.7 billion dollars in September this year compared with 4 billion during the same month in 2019, according to a report by the Central Agency for Public Mobilization ....

  • Min.: Egypt's agricultural exports rise to 4.9 mn tons despite Covid-19

    Date: 2020-12-20 09:21:51 GMT - Egypt - Economy - SN:14 - ID:8719119

    CAIRO, Dec 20 (MENA) - Minister of Agriculture and Land Reclamation El Sayed el Quseir on Sunday said Egypt's agriculture exports have increased to 4.9 million tons so far, despite the outbreak of coronavirus and its impact on the global transport ....

  • Over 1,300 new companies founded despite COVID-19: ITIDA chief

    Date: 2020-12-19 19:54:21 GMT - Egypt - Economy - SN:64 - ID:8718705

    CAIRO, Dec 19 (MENA) - As many as 1,336 companies were established during the FY 2019/2020 despite the COVID-19 pandemic, CEO of Egypt's Information Technology Industry Development Agency (ITIDA) Amr Mahfouz said. Addressing "Akhbar Al-Youm" 7th ....

  • Federation of Egyptian Banks awarded for unique performance in face of COVID-19

    Date: 2020-12-19 18:19:51 GMT - Egypt - Economy - SN:58 - ID:8718729

    CAIRO, Dec 19 (MENA) - The Federation of Egyptian Banks received on Saturday the award of "Distinguished Performance In Face of Coronavirus 2020" from the Union for Arab Banks. Chairman of the federation Mohamed el Atraby received the prize, the ....

  • MP: Sisi pays great interest to Egypt’s digitization file

    Date: 2020-12-19 17:04:12 GMT - Egypt - Economy - SN:50 - ID:8718572

    CAIRO, Dec 19 (MENA) – Head of the House of Representatives’ communication and information technology committee Ahmed Badawi said Saturday that President Abdel Fattah El Sisi was paying a great interest in the file of Egypt’s digital transformation ....

  • Petroleum min.: Egypt one of few countries managed to achieve growth despite Covid-19

    Date: 2020-12-19 10:55:49 GMT - Egypt - Economy - SN:24 - ID:8718004

    CAIRO, Dec 19 (MENA) - Petroleum Minister Tareq el Mulla on Saturday said Egypt is one of the few countries that managed to achieve economic growth despite the outbreak of the novel coronavirus pandemic. "The political leadership, throughout the ....

  • IMF board completes first review under Stand-By Arrangement for Egypt

    Date: 2020-12-19 07:21:27 GMT - USA - Economy - SN:6 - ID:8717716

    WASHINGTON, Dec 19 (MNEA) - The Executive Board of the International Monetary Fund (IMF) completed on Saturday the first review of Egypt’s economic reform program supported by a 12-month Stand-By Arrangement (SBA), allowing the authorities to draw ....

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