Economy

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  • Category : Economy
  • 50 exporters receive EGP 1.9 bln in overdue subsidies from banks, says min.

    Date: 2020-12-06 15:40:03 GMT - Egypt - Economy - SN:40 - ID:8701252

    CAIRO, Dec 6 (MENA) - Finance Minister Mohamed Maait said on Sunday that 50 exporting companies received 1.9 billion pounds from banks, which took part in a new initiative for the immediate disbursement of overdue export subsidies. Speaking at a ....

  • CBE: Foreign reserve rises to $39.221 bln in late November

    Date: 2020-12-06 15:30:53 GMT - Egypt - Economy - SN:39 - ID:8701250

    CAIRO, Dec 6 (MENA) - The Central Bank of Egypt (CBE) Sunday revealed that the country's foreign reserves rose to 39.221 billion dollars by the end of November, up by 1.8 million dollars than October. (MENA) M I E/M A E ....

  • EgyptAir to operate 40 flights on Monday

    Date: 2020-12-06 15:19:21 GMT - Egypt - Economy - SN:37 - ID:8701191

    CAIRO, Dec 6 (MENA) - EgyptAir will operate on Monday 40 flights carrying more than 3,600 passengers to various destinations across the world. In a statement released Sunday, the national flag carrier said tomorrow's flights will head for ....

  • We work on plan to develop Egypt's natural resources- says min.

    Date: 2020-12-06 14:21:45 GMT - Egypt - Economy - SN:36 - ID:8701195

    CAIRO, Dec 6 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla has said that his ministry is working on a plan to develop and manage Egypt's natural resources. Molla made the remarks Sunday on the sidelines of convening the ....

  • Transport Ministry, AOI following up implementation of joint projects

    Date: 2020-12-06 14:16:14 GMT - Egypt - Economy - SN:35 - ID:8701197

    CAIRO, Dec 6 (MENA) – Transport Minister Kamel el Wazir and chairman of the Arab Organization for Industrialization (AOI) Abdel Men’em el Tarras met Sunday to discuss implementation of a number of joint projects in the field of mobile units. The ....

  • EGX gains EGP 4.3bn, benchmark up 0.09%

    Date: 2020-12-06 14:02:00 GMT - Egypt - Economy - SN:33 - ID:8701175

    CAIRO, Dec 6 (MENA) - The Egyptian Exchange gained 4.3 billion pounds at the end of trading Sunday on the back of buying operations by investors. The EGX 30 benchmark index upped by 0.09 percent, reaching 11,024.84 points. The broader EGX 70 ....

  • Egypt seeking to up chemical exports to 37 countries

    Date: 2020-12-06 13:42:09 GMT - Egypt - Economy - SN:32 - ID:8701009

    CAIRO, Dec 6 (MENA) – The Egyptian Commercial Service (ECS) has unveiled chances to increase exports of chemical industries to 37 countries by about two billion dollars (EGP 31.2bn). Nine of those countries are based in Africa, said head of the ....

  • Int'l cooperation ministry launches film on cooperation with Italy

    Date: 2020-12-06 11:38:31 GMT - Egypt - Economy - SN:26 - ID:8700898

    CAIRO, Dec 6 (MENA) - The International Cooperation Ministry launched on Sunday a film on one of the development finance programs with Italy to boost entrepreneurship. The move comes as part of the ministry's efforts to promote for development ....

  • Military Production Ministry keen on investing in workforce -

    Date: 2020-12-06 11:07:46 GMT - Egypt - Economy - SN:24 - ID:8700847

    CAIRO, Dec 6 (MENA) - Minister of State for Military Production Mohamed Ahmed Morsi said on Sunday the ministry is keen on investing in workforce and training them on the latest technologies and allowing youths to hold leading posts. During a ....

  • Experimental operation of Egypt’s unified digital tax procedure system to start Jan 1 - official

    Date: 2020-12-06 10:07:26 GMT - Egypt - Economy - SN:20 - ID:8700782

    CAIRO, Dec 6 (MENA) - Head of the Tax Authority Reda Abdel Kader said on Sunday the experimental operation of Egypt’s new unified digital tax procedure system will start on January 1 at large and medium taxpayer centers. The move comes as part of ....

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