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Economy
- Service : English General
- Category : Economy
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National Investment Bank denies news of loan to railways authority
Date: 2024-04-29 19:20:23 GMT - Egypt - Economy - SN:73 - ID:10683852
CAIRO, April 29 (MENA) – The National Investment Bank has not offered an EGP-1bn loan to the Railways Authority, its board chairman stressed Monday as he refuted the news. This news is categorically baseless, said Ashraf Negm in a statement, ....
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Planning minister lauds IsDB proposal to establish window for concessional financing
Date: 2024-04-29 19:18:19 GMT - Egypt - Economy - SN:71 - ID:10683796
RIYADH, April 29 (MENA) – Planning Minister Hala el Saeid has praised a proposal by the Islamic Development Bank Group to establish a window for concessional financing among its least developed member states. Saeid, who doubles as Egypt’s ....
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EEHC, Schnider sign cooperation protocol to reduce electricity network loss
Date: 2024-04-29 18:50:54 GMT - Egypt - Economy - SN:67 - ID:10683640
CAIRO, April 29 (MENA) - Chairman of the Egyptian Electricity Holding Company (EEHC) Gaber Desouki signed a cooperation protocol Monday with Schnider's president for Northeast Africa and the Arab Levant Sebastian Reyes in order to reduce electricity ....
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Egyptian-Swiss delegation pays visit to SCZONE
Date: 2024-04-29 18:46:38 GMT - Egypt - Economy - SN:65 - ID:10683456
AIN SOKHNA, Egypt, April 29 (MENA) - A high-level Egyptian-Swiss-UNIDO delegation paid a visit Monday to the Suez Canal Economic Zone (SCZONE). The visit came as part of cooperation efforts between the UNIDO, Switzerland and the Trade and ....
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Egypt keen to exchange expertise in monetary policies: Finance min.
Date: 2024-04-29 17:37:47 GMT - Kingdom of Saudi Arabia - Economy - SN:55 - ID:10683578
RIYADH, April 29 (MENA) - Egypt is keen on exchanging expertise in the various monetary policy spheres in a bid to promote economic cooperation with Saudi Arabia and coordinate viewpoints and joint stances to cope up with the financial and economic ....
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CBE announces 2-day bank holiday for Labor Day, Sham El Nessim
Date: 2024-04-29 17:28:35 GMT - Egypt - Economy - SN:54 - ID:10683795
CAIRO, April 29 (MENA) - The Central Bank of Egypt (CBE) has announced that banks operating in Egypt will be closed on Sunday and Monday, May 5-6, to mark the Labor Day and the Egyptian spring festival of Sham El Nessim. In a statement on Monday, ....
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Finance min. hopes Standard Chartered will contribute to backing Egyptian economy
Date: 2024-04-29 17:06:26 GMT - Egypt - Economy - SN:50 - ID:10683642
CAIRO, April 29 (MENA) – Finance Minister Mohamed Mait has welcomed the launch of activities of Standard Chartered Bank in Egypt, hoping that it will play an effective role in backing the country's economy. The minister's remarks came on Monday ....
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EGX indexes post collective gains at close of Monday trading
Date: 2024-04-29 15:03:59 GMT - Egypt - Economy - SN:40 - ID:10683215
CAIRO, April 29 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the end of Monday's trading session backed by purchases by Arab investment funds and Egyptian and foreign investors. The market capital gained nearly EGP 73 ....
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Finance minister urges enhancing multilateral development cooperation
Date: 2024-04-29 13:36:55 GMT - Kingdom of Saudi Arabia - Economy - SN:35 - ID:10683249
RIYADH, April 29 (MENA) - Finance Minister Mohamed Maait urged enhancing multilateral development cooperation to fill the financing gaps of emerging states, through providing low-cost and more appropriate tools that help them address the negative ....
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Mashat takes part in African heads of state summit in Nairobi
Date: 2024-04-29 12:30:09 GMT - Egypt - Economy - SN:32 - ID:10683124
CAIRO, April 29 (MENA) - On behalf of President Abdel Fattah El Sisi, Minister of International Cooperation Rania el Mashat is taking part in a summit of African heads of state, which is held on the sidelines of the International Development ....
