Economy

  • Service : English General
  • Category : Economy
  • CBE details presidential initiative to switch to dual-fuel vehicles

    Date: 2021-01-05 17:10:17 GMT - Egypt - Economy - SN:41 - ID:8740279

    CAIRO, Jan 5 (MENA) – The Central Bank of Egypt (CBE)’s board of directors has launched an initiative to offer a sum of EGP 15 billion with an interest rate estimated at 3 percent in light of President Abdel Fattah El Sisi’s directives to the ....

  • Egypt's banks, stock market to close Thursday for eastern Christmas

    Date: 2021-01-05 17:09:28 GMT - Egypt - Economy - SN:40 - ID:8740287

    CAIRO, Jan 5 (MENA) - The Central Bank of Egypt (CBE) announced that Thursday would be a public holiday for all banks to mark eastern Christmas, which falls on January 7. The stock market will also be closed on the same day. (MENA) I S N/R R N ....

  • Egypt announces discounts on domestic flight tickets to promote tourism

    Date: 2021-01-05 16:04:45 GMT - Egypt - Economy - SN:38 - ID:8740110

    CAIRO, Jan 5 (MENA) - Minister of Tourism and Antiquities Khaled el Anani and Civil Aviation Minister Mohamed Manar held several coordination meetings to outline mechanisms for promoting domestic tourism through bringing into effect a new initiative ....

  • EgyptAir operates 50 flights Wednesday

    Date: 2021-01-05 14:28:12 GMT - Egypt - Economy - SN:31 - ID:8740109

    CAIRO, Jan 5 (MENA) - EgyptAir will operate on Wednesday 50 flights to several domestic and international destinations. The international flights will head to each of Baghdad, Jeddah, Riyadh, Tunis, Lagos, Abuja, Nairobi, Abu Dhabi, Dammam, ....

  • CBE: Foreign reserve rises to $40.06 bln in late December

    Date: 2021-01-05 14:27:43 GMT - Egypt - Economy - SN:30 - ID:8740141

    CAIRO, Jan 5 (MENA) - The Central Bank of Egypt (CBE) on Monday revealed that the country's foreign reserves rose to 40.064 billion dollars by the end of December, up by 843 million dollars than November. (MENA) H M E/M O H ....

  • Int'l Cooperation Ministry: Egypt Ventures pumped total Investment of EGP 104 mln in 2020

    Date: 2021-01-05 14:16:38 GMT - Egypt - Economy - SN:28 - ID:8739943

    CAIRO, Jan 5 (MENA) - Minister of International Cooperation Dr. Rania Al-Mashat announced that investment firm Egypt Ventures raised investments of EGP 104 million in 2020 to empower the entrepreneurial ecosystem and drive innovation, with EGP 72.4 ....

  • Global (2): RevBits recognized as one of the Top 25 Cybersecurity Companies of 2020

    Date: 2021-01-05 14:11:20 GMT - USA - Economy - SN:26 - ID:8740115

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ============================================================ Cybersecurity Solutions provider RevBits named among the top 25 Cybersecurity Companies of 2020 by The ....

  • Egypt 3rd of top 10 beneficiaries from IsDB -- Minister

    Date: 2021-01-05 10:11:45 GMT - Egypt - Economy - SN:16 - ID:8739501

    CAIRO, Jan 5 (MENA) – Egypt is third of top 10 countries most benefiting from funds of the Islamic Development Bank (IsDB) Group, with 12.7 billion dollars. The funds were received in the period between August 2018 and December 2020, said ....

  • Global (1): JSGQ Attaches Great Importance to Independent Research and Development

    Date: 2021-01-05 09:43:36 GMT - China - Economy - SN:12 - ID:8739616

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ============================================================ JSGQ Attaches Great Importance to Independent Research and Development, with the Star Patent "H-shaped Noise ....

  • Local development minister directs governors to secure lands for establishment of natural gas stations

    Date: 2021-01-05 07:07:52 GMT - Egypt - Economy - SN:7 - ID:8739332

    CAIRO, Jan 5 (MENA) – Local Development Minister Mahmoud Sharaawy has said that Egypt is always acting to protect the environment and find alternative solutions to air pollution. Sharaawy cited a government move to turn public transport buses in ....

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