Economy

  • Service : English General
  • Category : Economy
  • Prime minister follows up development of provincial capitals, cities

    Date: 2021-01-03 18:41:16 GMT - Egypt - Economy - SN:50 - ID:8737646

    Cairo, Jan 3 (MENA) – Prime Minister Moustafa Madbouli held a meeting on Sunday to follow up a national project to develop provincial capitals and major cities. The online meeting was attended by Public Business Sector Minister Hisham Tawfiq, ....

  • Mulla says conversion of vehicles to run on natural gas increases

    Date: 2021-01-03 15:23:04 GMT - Egypt - Economy - SN:41 - ID:8737544

    CAIRO, Jan 3 (MENA) - Petroleum Minister Tareq el Mulla said on Sunday that there is an increased demand for converting vehicles to run on natural gas in line with presidential directives to expand reliance on natural gas-powered cars. The ....

  • Finance min. launches 1st phase of automated unified tax system

    Date: 2021-01-03 14:47:45 GMT - Egypt - Economy - SN:38 - ID:8737353

    CAIRO, Jan 3 (MENA) - Finance Minister Mohamed Maait on Sunday launched the first phase of the automated unified tax procedures system at centers for medium and large-sized taxpayers, as well as major liberal professions. The minister also opened ....

  • Public Business Sector reviews efforts to settle disputes with private sector

    Date: 2021-01-03 14:25:44 GMT - Egypt - Economy - SN:37 - ID:8737302

    CAIRO, Jan 3 (MENA) – The Ministry of Public Business Sector on Sunday highlighted its achievements in reaching a settlement to several conflicts with the private sector as well international institutions between 2018-2020, within the framework of ....

  • EGX gains EGP 2.5bn at end of 1st session in 2021

    Date: 2021-01-03 13:58:54 GMT - Egypt - Economy - SN:35 - ID:8737446

    CAIRO, Jan 3 (MENA) - The Egyptian Exchange gained 2.5 billion pounds at the end of trading Sunday on the back of buying operations by investors optimistic about market performance as a new year begins. The EGX 30 benchmark index remained ....

  • FRA launches new initiative to promote non-cash payment

    Date: 2021-01-03 13:54:02 GMT - Egypt - Economy - SN:32 - ID:8737311

    CAIRO, Jan 3 (MENA) – The Financial Regulatory Authority (FRA) has launched a new initiative meant to activate non-cash payment methods and boost financial inclusion. The new initiative promotes digital payment tools, particularly where micro ....

  • MSMEDA bankrolls 124,000 development projects across Egypt -- Minister

    Date: 2021-01-03 11:05:57 GMT - Egypt - Economy - SN:21 - ID:8737015

    CAIRO, Jan 3 (MENA) – Trade and Industry Minister Nevine Gamae said Sunday that the Micro, Small and Medium Enterprises Development Agency (MSMEDA), which she chairs, has financed 124,000 projects worth 3.7 billion pounds since early 2020 until last ....

  • Global (1): CGTN: Full text of CMG President Shen Haixiong's New Year address

    Date: 2021-01-02 15:21:53 GMT - China - Economy - SN:32 - ID:8736392

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ============================================================ BEIJING, Jan. 2, 2021 /PRNewswire/ -- Dear friends, The year 2021 is filled with new hopes and ....

  • Finance minister: Egypt adopted preemptive, flexible policy to face Covid-19

    Date: 2021-01-02 11:22:58 GMT - Egypt - Economy - SN:22 - ID:8735917

    CAIRO, Jan 2 (MENA) - Finance Minister Mohamed Maait has said the government has efficiently managed to handle the novel coronavirus crisis, receiving acclaim by international credit rating and financing institutions. Egypt has adopted a ....

  • Finance min.: EGP 245.5 billion paid to insurance & pensions authority within 18 months

    Date: 2021-01-01 11:32:32 GMT - Egypt - Economy - SN:19 - ID:8734991

    CAIRO, Jan 1 (MENA) - Finance Minister Mohamed Maait said that the treasury had transferred EGP 245.5 billion to the National Authority for Insurance and Pensions within 18 months. This came in line with President Abdel Fattah El Sisi's ....

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