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Economy
- Service : English General
- Category : Economy
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CBE keeps interest rates unchanged in March
Date: 2021-03-18 17:59:12 GMT - Egypt - Economy - SN:93 - ID:8858936
CAIRO, March 18 (MENA) - The Central Bank of Egypt (CBE) Monetary Policy Committee (MPC) on Thursday decided to keep key interest rates unchanged. The CBE kept the overnight deposit rate at 8.25 percent and the overnight lending rate at 9.25 ....
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GIZ launches "Understand Business" platform for startups, SMEs in Egypt
Date: 2021-03-18 16:02:41 GMT - Egypt - Economy - SN:81 - ID:8858536
CAIRO, March 18 (MENA) - The Egyptian Banking Institute, in collaboration with NilePreneurs Initiative and the German Agency for International Cooperation (GIZ), will launch "Understand Business" Platform to support startups and small and ....
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Egypt's banking sector assets significantly improved by end of 2020, says report
Date: 2021-03-18 14:57:47 GMT - Egypt - Economy - SN:71 - ID:8858531
CAIRO, March 18 (MENA) - The Central Bank of Egypt (CBE) on Thursday asserted that the banking sector assets significantly improved, citing the latest report on financial safety indicators that was issued by the end of December 2020. In a report ....
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Minister calls on Ukrainian companies to invest in Egypt's agricultural projects 2 last Cairo
Date: 2021-03-18 14:46:46 GMT - Egypt - Economy - SN:69 - ID:8858602
Speaking at the inaugural session of the Egyptian-Ukrainian Business Forum, Head of the General Federation of the Chambers of Commerce (FEDCOC) Ibrahim el Arabi said the federation will hold several joint economic events to push forward trade ....
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Global (3): New Report Discusses IT/OT Convergence for Telcos
Date: 2021-03-18 14:41:32 GMT - China - Economy - SN:68 - ID:8858634
Dear subscribers, following is a global bulletin published for PRNewswire: Report: Successfully monetizing 5G will depend on how telcos adapt to this convergence BEDFORD, Mass., March 18, 2021 /PRNewswire/ -- VoltDB, the only ....
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Minister calls on Ukrainian companies to invest in Egypt's agricultural projects
Date: 2021-03-18 14:41:11 GMT - Egypt - Economy - SN:67 - ID:8858289
CAIRO, March 18 (MENA) - Supply and Internal Trade Minister Ali el Moselhi called on Ukrainian companies to engage in Egypt's project of reclaiming 1.5 million feddans. Speaking during the opening session of the Egyptian-Ukrainian Business Forum ....
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All EGX indices down
Date: 2021-03-18 14:36:58 GMT - Egypt - Economy - SN:66 - ID:8858436
CAIRO, March 18 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Thursday's trading, amid sales by Egyptian investors, as well as foreign and Arab institutions. The market capital closed at EGP 665.78 billion, after ....
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Global (2): Huawei Launches Top Ten Trends of Data Center Facilities
Date: 2021-03-18 14:31:55 GMT - China - Economy - SN:64 - ID:8858549
Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= SHENZHEN, China, March 18, 2021 /PRNewswire/ -- Huawei released the "Top 10 Trends of Data Center ....
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Dollar price stable at Egypt's major banks
Date: 2021-03-18 13:48:55 GMT - Egypt - Economy - SN:58 - ID:8858246
CAIRO, March 18 (MENA) - The US dollar exchange rate was stable during Thursday's transactions at Egypt's major banks. At the National Bank of Egypt and Banque Misr, the dollar rate recorded EGP 15.64 for buying and EGP 15.74 for selling. The ....
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Gov't works on taking steps to complete transition from LIBOR, says min.
Date: 2021-03-18 12:48:21 GMT - Egypt - Economy - SN:52 - ID:8858135
CAIRO, March 18 (MENA)- Minister of International Cooperation Rania el Mashat said that the government works on taking all technical and legal steps to complete transition from the reference interest rate "LIBOR". Mashat made the remarks on ....
