Economy
- Service : English General
- Category : Economy
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Egypt's exports of agricultural crops hit $1.6 billion in 8 months
Date: 2020-10-19 15:23:21 GMT - Egypt - Economy - SN:53 - ID:8634648
CAIRO, Oct 19 (MENA) - Egypt's exports of crops hit 1.67 billion dollars in eight months (Jan-Aug 2020), said the Ministry of Trade and Industry on Monday. Russia topped the importing countries with $264 million, followed by Saudi Arabia with $170 ....
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IMF: Oil prices to increase to $48 in medium term
Date: 2020-10-19 15:21:54 GMT - USA - Economy - SN:51 - ID:8634361
WASHINGTON, Oct 19 (MENA) - The International Monetary Fund (IIMD) said that oil prices are expected to increase toward $48 a barrel in the medium term (from $41 for 2020), remaining some 25% below the 2019 average. In a report titled "October ....
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Bourse indexes show mixed performance; benchmark down 0.12%
Date: 2020-10-19 13:47:26 GMT - Egypt - Economy - SN:43 - ID:8634561
CAIRO, Oct 19 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Monday's trading, as investors tend to restructure their portfolios at the last quarter of the year. The market capital registered EGP 623.9 billion ....
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Egypt, Germany to boost electricity, renewable energy cooperation
Date: 2020-10-19 13:41:05 GMT - Egypt - Economy - SN:42 - ID:8634516
CAIRO, Oct 19 (MENA) - Minister of Electricity and Renewable Energy Mohamed Shaker on Monday met with Head of German Development Cooperation at the German Embassy Uwe Gehlen and the director of the German Construction Bank office in Cairo. The ....
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Trade min. keen to develop IMC to enhance Egyptian product's competitiveness
Date: 2020-10-19 13:09:40 GMT - Egypt - Economy - SN:37 - ID:8634473
CAIRO, Oct 19 (MENA) - Trade and Industry Minister Nevine Gamea said on Monday the Industrial Modernization Center (IMC) is a main pillar of the Trade and Industry Ministry's strategy to develop the industrial sector. Gamea stressed the keenness ....
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PM lauds efforts exerted by Elaraby Group in field of industry
Date: 2020-10-19 13:08:13 GMT - Egypt - Economy - SN:36 - ID:8634459
CAIRO, Oct 19 (MENA) - Prime Minister Moustafa Madbouli lauded the efforts exerted by Elaraby Group in the field of industry. This came during Madbouli's meeting with President of the General Federation of Chambers of Commerce and Deputy Chairman ....
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Global (1): CleanEquity® Monaco 2020 - Presenting Companies & New Collaborations
Date: 2020-10-19 11:26:59 GMT - United Kingdom - Economy - SN:29 - ID:8634412
Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= LONDON, Oct. 19, 2020 /PRNewswire/ -- CleanEquity®, the sustainable technology innovation forum, cofounded ....
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IMF raises expectation for Egyptian economy growth to 3.5% in 2020
Date: 2020-10-19 11:15:51 GMT - USA - Economy - SN:28 - ID:8634282
WASHINGTON, Oct 19 (MENA) - The International Monetary Fund (IMF) raised its forecasts for the growth indicators of the Egyptian economy during the year 2020. The IMF expected in the October issue of the World Economic Outlook, an increase in the ....
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Finance Ministry acting to complete customs automation project
Date: 2020-10-19 09:53:12 GMT - Egypt - Economy - SN:19 - ID:8634159
CAIRO, Oct 19 (MENA) - Finance Minister Mohamed Ma'eet said Monday that his Ministry is racing against time to complete a national project to update and automate the customs system at all land, maritime and airport terminals. It is part of ....
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CBE reveals increase in loans to SMEs since 2015
Date: 2020-10-19 08:41:59 GMT - Egypt - Economy - SN:14 - ID:8634063
CAIRO, Oct 19 (MENA) - The Central Bank of Egypt (CBE) said Monday that the portfolio of loans given to companies and small, medium and micro-sized facilities in the period between December 2015 and June 2020 reached some 201.7 billion pounds. ....