Economy

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  • Category : Economy
  • AOI chief: We work for implementing national development projects

    Date: 2020-11-17 08:09:15 GMT - Egypt - Economy - SN:13 - ID:8675260

    CAIRO, Nov 17 (MENA) - Chairman of the Arab Organization for Industrialization (AOI) Abdel Moneim Al Tarras said on Tuesday that his organization is cooperating with other State's institutions for carrying out national development projects. He ....

  • Egypt targets slashing budget deficit to 6.5 pct in FY 2021/22, says ministry

    Date: 2020-11-16 21:29:24 GMT - Egypt - Economy - SN:73 - ID:8675030

    CAIRO, Nov 16 (MENA) - The draft budget for the 2021/2022 fiscal year aims to reduce the total budget deficit to 6.5 percent of the gross domestic product (GDP), compared to 6.3 percent of GDP, previously targeted in FY 2020/2021 budget, the ....

  • Finance ministry: 2021-2022 balance sheet focuses on investing in humans

    Date: 2020-11-16 20:37:51 GMT - Egypt - Economy - SN:70 - ID:8675062

    CAIRO, Nov 16 (MENA) - The Ministry of Finance said the 2021-2022 balance sheet focuses on investing in humans and improving the quality of people's lives. After successfully accomplishing the first stage of the economic reform program which was ....

  • CBE agrees to extend term of its repo financing facility with int'l banks

    Date: 2020-11-16 20:08:51 GMT - Egypt - Economy - SN:69 - ID:8674949

    CAIRO, Nov 16 (MENA) - The Central Bank of Egypt (CBE) announced that it has agreed to a 1.5-year extension of the original 4.5-year repurchase transaction, therefore achieving an overall maturity of 6 years. The CBE said in a statement Monday ....

  • Finance min.: Tax revenues up 11.4% in four months

    Date: 2020-11-16 18:44:55 GMT - Egypt - Economy - SN:65 - ID:8674927

    CAIRO, Nov 16 (MENA) - Finance Minister Mohamed Maait said the tax revenues rose by 11.4 percent in the period from July to October 2020 compared to the corresponding period in the previous year. In statements on Monday on the fringe of a press ....

  • Madbouli follows up Public Business Sector Ministry's files

    Date: 2020-11-16 16:30:35 GMT - Egypt - Economy - SN:57 - ID:8674676

    CAIRO, Nov 16 (MENA) - Prime Minister Mostafa Madbouli chaired a meeting on Monday with Public Business Sector Minister Hesham Tawfik to follow up and review some of the Public Business Sector Ministry's files. Tawfik reviewed the outcomes of ....

  • Sisi orders reinforcing financial policies to deal with Covid-19 crisis

    Date: 2020-11-16 15:26:37 GMT - Egypt - Economy - SN:47 - ID:8674484

    CAIRO, Nov 16 (MENA) - President Abdel Fattah El Sisi has stressed the importance of reinforcing the state's financial policies to deal with the novel coronavirus (Covid-19) crisis. The president made the remarks Monday at a meeting with Prime ....

  • Global (3): Princ Suvarnabhumi Hospital Achieves GHA's COVID-19 Certification of Conformance for Medical Travel

    Date: 2020-11-16 15:10:15 GMT - USA - Economy - SN:46 - ID:8674657

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ============================================================ WEST PALM BEACH, Fla., Nov. 16, 2020 /PRNewswire/ -- Princ Suvarnabhumi Hospital ....

  • Trade min. highlights strategic partnership between Egypt, UAE

    Date: 2020-11-16 14:28:44 GMT - Egypt - Economy - SN:43 - ID:8674354

    CAIRO, Nov 16 (MEMA) - Minister of Trade and Industry Niveen Gamea lauded on Monday the unprecedented support provided by the Egyptian and UAE leadership to upgrade relations between the two countries to the level of strategic partnership, ....

  • Mashat sheds light on supporting state strategy for green economy transformation

    Date: 2020-11-16 14:05:25 GMT - Egypt - Economy - SN:42 - ID:8674149

    CAIRO, Nov 16 (MENA) - Minister of International Cooperation Rania Al Mashat has stressed the importance of multi-lateral cooperation with development partners to support the strategy of transformation towards green economy. Egypt’s green growth ....

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