Economy

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  • Category : Economy
  • Finance Ministry announces launching second phase of e-invoice system

    Date: 2021-02-15 08:55:32 GMT - Egypt - Economy - SN:21 - ID:8800101

    CAIRO, Feb 15 (MENA) - Minister of Finance Mohamed Maait announced Monday launching the second phase of e-invoice system with the participation of 347 companies which are registered at the big suppliers center, adding that other companies will join ....

  • Electricity min. hails Finnish companies' role in energy projects

    Date: 2021-02-14 16:33:30 GMT - Egypt - Economy - SN:70 - ID:8798947

    CAIRO, Feb 14 (MENA) – Minster of Electricity and Renewable Energy Mohamed Shaker said hailed on Sunday Finnish companies' role in establishing energy projects in Egypt. Egypt is going to update its Integrated Sustainable Energy Strategy to 2035 ....

  • Industry Ministry solves problem of Ugandan customs on steel sheet exports

    Date: 2021-02-14 15:02:45 GMT - Egypt - Economy - SN:63 - ID:8799073

    CAIRO, Feb 14 (MENA) – Trade and Industry Minister Nevine Gamae said Sunday that a customs problem with Uganda has been solved. Uganda had imposed 35-percent customs on Egyptian exports of flat steel sheets in violation of the COMESA ....

  • Finance Ministry auctions T-bills worth EGP 16 bln

    Date: 2021-02-14 14:04:32 GMT - Egypt - Economy - SN:58 - ID:8799069

    CAIRO, Feb 14 (MENA) - The Ministry of Finance auctioned treasury bills at a total value of EGP 16 billion. In an online statement released on Sunday, the ministry said it sold 91-day T-bills worth EGP 5 billion with average yield of 12.733%, ....

  • FRA: Youth between 16-20 yrs allowed to conduct non-banking activities

    Date: 2021-02-14 13:23:31 GMT - Egypt - Economy - SN:53 - ID:8798892

    CAIRO, Feb 14 (MENA) – Egyptian youth aging between 16 and 21 years old will be allowed to conduct non-banking activities, the Financial Regulatory Authority (FRA) decided Sunday. This age group will be able to conduct non-banking financial ....

  • Petroleum minister confers with Mercuria officials on ship supply services

    Date: 2021-02-14 11:49:20 GMT - Egypt - Economy - SN:41 - ID:8798715

    CAIRO, Feb 14 (MENA) – Petroleum Minister Tarek el Molla met Sunday with chairman of the Suez Canal Authority (SCA) Osama Rabie, chairman of the Suez Canal Economic Zone (SCZone) Yehia Zaki and officials of Mercuria Energy Group Ltd. to discuss ....

  • PM discusses business complex projects with CEO of CTP Invest

    Date: 2021-02-14 11:07:48 GMT - Egypt - Economy - SN:37 - ID:8798603

    CAIRO, Feb 14 (MENA) – Prime Minister Moustafa Madbouli has directed the General Authority for Investment and Free Zones (GAFI) to study whatever mechanism of action it believes is best to establish business complexes in partnership with CTP Invest. ....

  • CAPMAS: 10.7% increase in value of business sector's 2018-2019 under construction ventures

    Date: 2021-02-14 10:38:39 GMT - Egypt - Economy - SN:33 - ID:8798453

    CAIRO, Feb 14 (MENA) – The Central Agency for Public Mobilization and Statistics (CAPMAS) said Sunday a total of EGP 104.1 bn worth of investments were channeled into under-construction projects during the period between 2018-2019 compared to EGP ....

  • Planning minister says EGP 9.6bn set for investments in Qalyoubiya

    Date: 2021-02-14 09:48:14 GMT - Egypt - Economy - SN:25 - ID:8798489

    CAIRO, Feb 14 (MENA) – More than 300 development projects are planned for implementation in Qalyoubiya, Planning Minister Hala el Saeid said Sunday. About 9.6 billion pounds have been allocated for investment in the city in 2020-2021, the ....

  • IMF director lauds Egypt's measures to overcome coronavirus crisis

    Date: 2021-02-13 22:43:40 GMT - Egypt - Economy - SN:61 - ID:8798138

    WASHINGTON, Feb 13 (MENA) - Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Saturday Egypt has taken good steps to support its economy during the Covid-19 pandemic. In statements to Kelma Akheira TV ....

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