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Economy
- Service : English General
- Category : Economy
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Suez Canal revenues in 2020 hit USD 5.6 bn despite COVID-19- Cabinet
Date: 2021-02-06 12:47:45 GMT - Egypt - Economy - SN:31 - ID:8786143
CAIRO, Feb 6 (MENA) – The Cabinet’s media center asserted on Saturday that the Suez Canal had stood against the negative consequences of the COVID-19 pandemic and achieve USD 5.6 billion in 2020. In a report that included inphographics ....
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IDSC: Social safety net programs cover 32 million
Date: 2021-02-06 09:31:20 GMT - Egypt - Economy - SN:18 - ID:8785978
CAIRO, Feb 6 (MENA) - The Cabinet's Information and Decision Support Center (IDSC) said Saturday that social security programs have so far covered nearly 32 million people. The social protection programs includes "Takaful and Karama" and "Decent ....
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EGX gains EGP 10.9 bln over past week
Date: 2021-02-05 09:20:18 GMT - Egypt - Economy - SN:22 - ID:8784740
CAIRO, Feb 5 (MENA) - The Egyptian Exchange (EGX) gained about EGP 10.9 billion over the past week after its indexes went up collectively. The market capital increased 1.6 percent, registering EGP 706.3 billion, compared to EGP 695.4 billion the ....
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Global (1): IHME extends COVID-19 forecasts to June 1, predicting over 3.5 million deaths globally
Date: 2021-02-05 06:21:00 GMT - USA - Economy - SN:2 - ID:8784518
Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= Rapid vaccination rollout, mask wearing crucial to control spread SEATTLE, Feb. 5, 2021 /PRNewswire/ -- ....
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Global (4): Global GameChange Solar Enters Southern African Market with Superior PV Trackers for Utility-Scale Projects
Date: 2021-02-04 23:04:44 GMT - South Africa - Economy - SN:98 - ID:8784500
JOHANNESBURG, Feb. 4, 2021 /PRNewswire/ -- GameChange Solar, a leading global player, has made its first foray into the southern African market, headed by Regional Manager (Southern Africa) Russ Bowden in Johannesburg. Global GameChange Solar ....
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Banque Misr keeps monthly return on saving certificates at 11%
Date: 2021-02-04 19:10:32 GMT - Egypt - Economy - SN:79 - ID:8784360
CAIRO, Feb 4 (MENA) - The Assets and Liabilities Committee (ALCO) at Banque Misr decided on Thursday to keep the interest rate or return on its three-year Summit Certificates, the return of which is paid monthly, at 11 percent. This comes in the ....
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Prime minister reviews general outline to establish Gold City
Date: 2021-02-04 18:38:54 GMT - Egypt - Economy - SN:75 - ID:8784269
CAIRO, Feb 4 (MENA) – Prime Minister Moustafa Madbouli on Thursday reviewed the general outline of a Gold City Egypt is planning to establish in the hopes of luring billions of dollars in foreign investments. President Abdel Fattah El Sisi had ....
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CBE keeps interest rates unchanged 2 last Cairo
Date: 2021-02-04 16:45:31 GMT - Egypt - Economy - SN:65 - ID:8784165
The MPC decided that keeping policy rates unchanged remains consistent with achieving the inflation target of 7 percent (±2 percentage points) on average in 2022 Q4 and price stability over the medium term. Moreover, the statement noted that the ....
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CBE keeps interest rates unchanged
Date: 2021-02-04 16:41:32 GMT - Egypt - Economy - SN:64 - ID:8784159
CAIRO, Feb 4 (MENA) - The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25 percent, and 8.75 ....
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Finance Ministry auctions T-bills worth EGP 19.2 bln
Date: 2021-02-04 16:01:35 GMT - Egypt - Economy - SN:61 - ID:8784008
CAIRO, Feb 4 (MENA) - The Ministry of Finance auctioned on Thursday treasury bills at a total value of EGP 19.250 billion. In an online statement the ministry said, it sold 182-day T-bonds worth EGP 7 billion, with an average yield of ....
