Economy

  • Service : English General
  • Category : Economy
  • Egyptian pound gains momentum despite economic impact of COVID 19 pandemic: CBE

    Date: 2020-09-09 20:56:31 GMT - Egypt - Economy - SN:87 - ID:8581385

    CAIRO, Sept 9 (MENA) - Egypt is the only country whose currency has been gaining momentum during the novel coronavirus crisis, Governor of the Central Bank of Egypt (CBE) Tarek Amer said. During a televised interview on Wednesday evening, Amer ....

  • EGX indexes show mixed performance, benchmark down 0.2 pct

    Date: 2020-09-09 16:47:06 GMT - Egypt - Economy - SN:63 - ID:8581053

    CAIRO, Sept 9 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading amid portfolio restructuring processes for investors. The market capital registered EGP 609.212 billion, after transactions ....

  • Planning min.: We need innovative financing mechanisms

    Date: 2020-09-09 13:29:25 GMT - Egypt - Economy - SN:42 - ID:8580638

    CAIRO, Sept 9 (MENA) - Planning Minister Hala el Saeed underlined the need for an innovative financing mechanism, like green bonds, and encouraging various kinds of sovereign wealth funds. She added that there is also a need for a mechanism to ....

  • Pharaonic Petroleum announces producing 411 million cubic feet of natural gas daily in 2019-2020

    Date: 2020-09-09 13:18:40 GMT - Egypt - Economy - SN:41 - ID:8580649

    CAIRO, Sept 9 (MENA) - Pharaonic Petroleum Company announced that the daily production of natural gas reached 411 million cubic feet in addition to 7.6 thousand barrels during the fiscal year 2019-2020. Petroleum Minister Tarek el Mulla said that ....

  • Ministers probe means to open new foreign markets to Egyptian exports

    Date: 2020-09-09 11:31:40 GMT - Egypt - Economy - SN:32 - ID:8580423

    CAIRO, Sept 9 (MENA) - Minister of Public Business Sector Hisham Tawfiq and Minister of Transport Kamel Al Wazir discussed on Wednesday means to increase Egyptian exports and open new foreign markets before Egyptian goods. The meeting was attended ....

  • Petroleum ministry: EGYPS 2021 kicks off in May

    Date: 2020-09-09 09:50:34 GMT - Egypt - Economy - SN:21 - ID:8580232

    CAIRO, Sept 9 (MENA) - The higher executive committee of Egypt Petroleum Show (EGYPS) 2021 under Minister of Petroleum Tareq Al Mollah said Wednesday the proceedings of EGPS 2021 will kick off in Cairo on May 31 through June 2, 2021 under theme ....

  • Shaarawy, Fouda discuss development projects in South Sinai

    Date: 2020-09-09 09:47:46 GMT - Egypt - Economy - SN:20 - ID:8580199

    CAIRO, Sept 9 (MENA) - Minister of Local Development Mahmoud Shaarawy held talks on Wednesday with South Sinai Governor Khaled Fouda on current development and service projects in the governorate. The two sides discussed means of upgrading the ....

  • Maait: EGP 7.5bn allocated for providing goods and services in August

    Date: 2020-09-09 09:33:59 GMT - Egypt - Economy - SN:17 - ID:8580225

    CAIRO, Sept 9 (MENA) - Minister of Finance Mohamed Maait said on Wednesday that up to 7.5 billion pounds were allocated to provide goods and services to the citizens in August. He added, in a statement issued by the ministry, that the government ....

  • Global (2): Casio to Release G-SHOCK with Interchangeable Bezels and Bands

    Date: 2020-09-09 05:53:33 GMT - Japan - Economy - SN:4 - ID:8579901

    Dear subscribers, following is a global bulletin published for PR Newswire:‎ ========================================================== Watch Includes Three Types of Bands and Two Bezels TOKYO, Sept. 9, 2020 /PRNewswire/ -- Casio Computer ....

  • Global (1): China honors pandemic fighters, vows to carry on fighting COVID-19 globally

    Date: 2020-09-09 05:53:18 GMT - China - Economy - SN:3 - ID:8579898

    Dear subscribers, following is a global bulletin published for PR Newswire:‎ ========================================================== BEIJING, Sept. 9, 2020 /PRNewswire/ -- A news report by CGTN: China held a meeting on Tuesday to honor ....

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