Economy

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  • Category : Economy
  • 691 green projects included in FY 2020/21 national investment plan at combined cost of EGP 447.3 bln, minister says

    Date: 2020-11-06 00:54:57 GMT - Egypt - Economy - SN:2 - ID:8659878

    CAIRO, Nov 6 (MENA) - Minister of Planning and Economic Development Hala el Saeed said that the state is working on financing green investment projects listed on the FY 2020/21 national economic plan through the "green bonds" initiative, launched by ....

  • Latest poll unveils positive development in Egypt's business climate

    Date: 2020-11-05 21:10:43 GMT - Egypt - Economy - SN:93 - ID:8659654

    CAIRO, Nov 5 (MENA) - An opinion poll conducted by the German-Arab Chamber of Commerce and Industry unveiled a positive development in business climate in Egypt, expecting more progress in 2021. More than 200 members of the chamber took part in ....

  • Egypt textile exports reach USD 561m in 9 months

    Date: 2020-11-05 20:02:08 GMT - Egypt - Economy - SN:90 - ID:8659651

    CAIRO, Nov 5 (MENA) – Egypt's textile exports reached USD 561 million during the period from January to September 2020, the Textile Export Council said in its monthly report released on Thursday. Turkey ranked first as the top market importing ....

  • EgyptAir to operate 57 flights Friday to transfer 5,600 passengers

    Date: 2020-11-05 16:34:35 GMT - Egypt - Economy - SN:74 - ID:8659177

    CAIRO, Nov 5 (MENA) - EgyptAir company will operate 57 flights on Friday to several countries around the world to transfer 5,600 passengers. A statement of the EgyptAir said on Thursday that the company will operate flights to Guangzhou, Beirut, ....

  • Head of commerce chambers federation reviews means of boosting trade relations with Poland

    Date: 2020-11-05 16:19:06 GMT - Egypt - Economy - SN:71 - ID:8659066

    CAIRO, Nov 5 (MENA) – Chairman of the Federation of Egyptian Chambers of Commerce Ibrahim el Araby discussed with Assistant Foreign Minister Hatem Tag el Din and Egypt’s commercial counselor in Poland Essam el Naggar means of boosting trade and ....

  • EGX gains EGP 1.2 bln, benchmark rises 0.69 pct

    Date: 2020-11-05 15:26:33 GMT - Egypt - Economy - SN:68 - ID:8659272

    CAIRO, Nov 5 (MENA) - The Egyptian Exchange (EGX) indexes went up collectively at the close of Thursday's trading, after large purchases that prevailed amid expectations that the Central Bank of Egypt (CBE) may slash interest rates at its coming ....

  • Qabbage: Takaful, Karama financial support cards to be replaced by Meeza cards

    Date: 2020-11-05 14:47:11 GMT - Egypt - Economy - SN:63 - ID:8659274

    CAIRO, Nov 5 (MENA) - Minister of Social Solidarity Niveen el Qabbage announced that Takaful and Karama financial support cards will be replaced by Meeza cards. The 3.4 million Meeza cards will benefit 14 million citizens and allow them to ....

  • Egypt wins international arbitration against two Spanish companies demanding €236m compensation

    Date: 2020-11-05 14:25:03 GMT - Egypt - Economy - SN:61 - ID:8659064

    CAIRO, Nov 5 (MENA) – The International Center for Settlement of Investment Disputes (ICSID) has turned down a lawsuit filed by Spanish companies Cementos La Union and Aridos Jativa against the Egyptian State, demanding a compensation of more than ....

  • Planning ministry announces features of “Citizen Plan” for investing in N. Sinai in FY 2020/21

    Date: 2020-11-05 13:53:30 GMT - Egypt - Economy - SN:60 - ID:8659187

    CAIRO, Nov 5 (MENA) - The Ministry of Planning and Economic Development announced the features of the “Citizen Plan” for investing in North Sinai for the fiscal year 2020/2021. The ministry had launched Wednesday its second consecutive “Citizen ....

  • State minister for military production probes cooperation with Romania

    Date: 2020-11-05 12:03:58 GMT - Egypt - Economy - SN:54 - ID:8658906

    CAIRO, Nov 5 (MENA) - State Minister for Military Production Mohamed Ahmed Morsi discussed with the Romanian deputy minister of economy, energy and business environment for military production affairs and his accompanying delegation ways of ....

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