Economy

  • Service : English General
  • Category : Economy
  • Transport minister follows up electric train project

    Date: 2021-02-13 13:11:29 GMT - Egypt - Economy - SN:24 - ID:8797221

    CAIRO, Feb 13 (MENA) – Minister of Transport Kamel el Wazir inspected Saturday the construction of the electric train, linking Cairo’s Helwan district and the Red Sea’s city of Ain el Sokhna, passing through the New Administrative Capital. In its ....

  • EgyptAir to operate 66 flights Saturday

    Date: 2021-02-12 17:41:37 GMT - Egypt - Economy - SN:59 - ID:8796499

    CAIRO, Feb 12 (MENA) - EgyptAir will operate 66 flights Saturday, carrying more than 5,557 passengers to various destinations. In a statement Friday, the national flag carrier said tomorrow's flights will head for Beirut, Baghdad, Accra, Lagos, ....

  • Planning min. says civil society played key role in 1st phase of Hayat Karima initiative

    Date: 2021-02-12 13:10:56 GMT - Egypt - Economy - SN:35 - ID:8795953

    CAIRO, Feb 12 (MENA) - Minister of Planning and Economic Development Hala el Saeed said the civil society organizations played a key role in the first phase of the presidential initiative Hayat Karima (Decent Life), as they have the ability to ....

  • Global oil demand to increase by 5.8 mln barrels per day in 2021: OPEC

    Date: 2021-02-11 20:03:42 GMT - Austria - Economy - SN:74 - ID:8795530

    VIENNA, Feb 11 (MENA) - The Organization of the Petroleum Exporting Countries' (OPEC) latest monthly report showed that the 2021 global oil demand growth forecast got revised down to 5.79 million barrels per day (bpd) from 5.9 million bpd in the ....

  • CBE launches initiative for cancelling fees of activating e-collection services

    Date: 2021-02-11 18:37:54 GMT - Egypt - Economy - SN:64 - ID:8795165

    CAIRO, Feb 11 (MENA) – The Central Bank of Egypt (CBE) launched Saturday an initiative to cancel all fees that private sector’s MSMEs bear to activate the electronic collection services via the internet (E-Commerce) till the end of June 2021. The ....

  • GAFI: Gov't, parl't keen on supporting emerging companies after passing new investment regulations

    Date: 2021-02-11 18:10:30 GMT - Egypt - Economy - SN:61 - ID:8795131

    CAIRO, Feb 11 (MENA) – Executive Director of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab said on Thursday that the government and parliament are keen on supporting emerging companies via approving a number of ....

  • EgyptAir to operate 63 flights Friday

    Date: 2021-02-11 16:07:46 GMT - Egypt - Economy - SN:49 - ID:8795030

    CAIRO, Feb 11 (MENA) - EgyptAir will operate 63 domestic and international flights on Friday to carry 5,339 passengers to various destinations. In a statement issued on Thursday, the national fag carrier said it will operate 43 international ....

  • IIF says Egypt's economy succeeded in weathering coronavirus crisis

    Date: 2021-02-11 15:58:12 GMT - USA - Economy - SN:47 - ID:8795028

    WASHINGTON, Feb 11 (MENA) - Garbis Iradian, a chief economist at the Washington-based Institute of International Finance (IIF) on Thursday said that Egypt's economy succeeded in weathering the coronavirus pandemic well, supported by a timely and ....

  • State-run tourism companies' revenues hit EGP 2.8 bln in FY 2019/20

    Date: 2021-02-11 15:33:27 GMT - Egypt - Economy - SN:44 - ID:8794715

    CAIRO, Feb 11 (MENA) - The general assembly of the Holding Company for Tourism and Hotels (HOTAC) under Hisham Tawfiq, the Minister of Public Business Sector, has endorsed financial statements of the company and its affiliated enterprises for the ....

  • All EGX indexes up, benchmark slightly increases 0.01 pct

    Date: 2021-02-11 14:16:02 GMT - Egypt - Economy - SN:38 - ID:8794750

    CAIRO, Feb 11 (MENA) - Egyptian Exchange (EGX) indexes went up collectively at the close of Thursday's trading, amid purchases by local institutions and investment funds. Meanwhile, sales prevailed in Arab and foreign investors' ....

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