Economy

  • Service : English General
  • Category : Economy
  • IMF executive director: all countries negatively impacted by coronavirus pandemic

    Date: 2020-10-26 08:56:05 GMT - Egypt - Economy - SN:20 - ID:8644462

    CAIRO, Oct 26 (MENA) - Executive Director of International Monetary Fund (IMF) Mahmoud Mohieldin asserted that all world countries have been negatively impacted by the coronavirus pandemic. In statements to "Extra News", Mohieldin said all world ....

  • EGX gains EGP 4bn in 1st 5 minutes of trading

    Date: 2020-10-26 08:46:13 GMT - Egypt - Economy - SN:19 - ID:8644465

    CAIRO, Oct 26 (MENA) - The Egyptian Exchange tangibly rebounded at the beginning of trading Monday, gaining about 4 billion pounds in the first five minutes. The EGX 30 benchmark index upped by 0.4 percent, reaching 10,643.75 points. The broader ....

  • Global (1): Xinhua Silk Road: High-quality financial dev. discussed at Annual Conference of Financial Street Forum 2020

    Date: 2020-10-26 06:13:52 GMT - China - Economy - SN:7 - ID:8644288

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ================================================================= BEIJING, Oct. 26, 2020 /PRNewswire/ -- The Annual Conference of Financial Street Forum 2020 convened ....

  • Sisi directs sovereign wealth fund to focus on increasing added value of Egypt’s assets

    Date: 2020-10-25 17:45:21 GMT - Egypt - Economy - SN:53 - ID:8643866

    CAIRO, Oct 25 (MENA) – President Abdel Fattah El Sisi has directed the officials in charge of Egypt's sovereign wealth fund to focus on maximizing the added value of the country’s assets. The move should be conducted through a scientific vision, ....

  • Foreign currency inflows hit $324 mln in one day: Banking official

    Date: 2020-10-25 17:30:18 GMT - Egypt - Economy - SN:52 - ID:8643857

    CAIRO, Oct 25 (MENA) - Foreign currency inflows recorded $324 million on Sunday, one of the highest rates in a single day, a banking official said. In statements to MENA, the official cited a remarkable and steady increase in foreign investments ....

  • Egypt, Hungary discuss boosting energy cooperation

    Date: 2020-10-25 14:55:47 GMT - Egypt - Economy - SN:40 - ID:8643561

    CAIRO, Oct 25 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla on Sunday discussed at a meeting with Hungarian Ambassador in Cairo András Kovács means of fostering cooperation in the field of oil and natural gas. In early ....

  • Food Exports Council seeks to increase dates exports to $176mn in 3 years

    Date: 2020-10-25 13:47:49 GMT - Egypt - Economy - SN:38 - ID:8643585

    CAIRO, Oct 25 (MENA) – The Food Export Council said Sunday it seeks to increase Egypt’s exports of dates to about 176 million dollars over the coming three years. The council will organize an online seminar on Tuesday to shed light on the date ....

  • AOI acts to activate e-services, automation system

    Date: 2020-10-25 13:17:48 GMT - Egypt - Economy - SN:36 - ID:8643424

    CAIRO, Oct 25 (MENA) – The Arab Organization for Industrialization (AOI) is acting to activate an automation system and electronic service mechanisms in line with directives of President Abdel Fattah El Sisi to achieve digital transformation in ....

  • General Division of Medicines Dealers to focus on increasing exports - official

    Date: 2020-10-24 19:46:33 GMT - Egypt - Economy - SN:64 - ID:8642498

    CAIRO, Oct 24 (MENA) - The General Division of Medicines Dealers at the General Federation of Chambers of Commerce said the division's strategy during the period of 2020/24 focuses on increasing the pharmaceuticals exports, said Magdy Genena, the ....

  • Ministry keen on enhancing ECA role to disclose harmful practices: Trade min.

    Date: 2020-10-24 18:02:53 GMT - Egypt - Economy - SN:55 - ID:8642285

    CAIRO, Oct 24 (MENA) – Minister of Trade and Industry Nevine Gamea said Saturday that her ministry is keen on enhancing the role of to the Egyptian Competition Authority (ECA) to promote fair competition and disclose any practices harmful to the ....

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