Economy

  • Service : English General
  • Category : Economy
  • Banque Misr, ECGE seal deal on securing revenues of Egyptian exports

    Date: 2020-09-03 14:54:13 GMT - Egypt - Economy - SN:46 - ID:8572884

    CAIRO, Sept 3 (MENA) - Banque Misr signed a cooperation agreement with the Export Credit Guarantee Company of Egypt (ECGE) on securing the revenues of Egyptian exports by national exporters. Inking the deal falls within the framework of the ....

  • Dollar exchange rate down at Egypt's banks

    Date: 2020-09-03 14:43:45 GMT - Egypt - Economy - SN:45 - ID:8573089

    CAIRO, Sept 3 (MENA) - The US dollar exchange rate maintained its downward trend at the end of transactions at Egypt's banks on Thursday, amid Moody's announcement of Egypt’s possession of sufficient foreign exchange reserves enough to cover ....

  • Finance Ministry auctions EGP 20.5 bln T-bills

    Date: 2020-09-03 14:40:53 GMT - Egypt - Economy - SN:44 - ID:8573067

    CAIRO, Sept 3 (MENA) – The Ministry of Finance auctioned treasury bills at a total value of EGP 20.5 billion. In a statement released Thursday, the ministry said it sold 182-day T-bills worth EGP 9.5 billion with average yield of 13.484%, adding ....

  • Minister: Government investments in 2019/2020 up by 26%

    Date: 2020-09-03 14:30:04 GMT - Egypt - Economy - SN:42 - ID:8573060

    CAIRO, Sept 3 (MENA) - Planning Minister Hala el Saeed said government investments, carried out in 2019/2020, witnessed a 26-percent rise and they covered education, health, transport, housing, communications, industry, irrigation and local ....

  • EGX indexes show mixed performance at end of Thursday's trading session

    Date: 2020-09-03 14:17:57 GMT - Egypt - Economy - SN:40 - ID:8573063

    CAIRO, Sept 3 (MENA) - Egyptian Exchange (EGX) indexes continued showing mixed performance at the close of Thursday’s trading, amid ongoing restructure operations of portfolios with the beginning of the new month. The market capital registered ....

  • Egypt seeks to produce Russian Covid 19 vaccine

    Date: 2020-09-03 14:02:08 GMT - Egypt - Economy - SN:38 - ID:8572879

    CAIRO, Sept 3 (MENA) - Head of the Arab Organization for Industrialization (AOI) Abdel Monem El Terras and Russian Ambassador in Cairo Georgy Borisenko discussed on Thursday boosting local manufacturing and benefiting from modern technology in many ....

  • Cabinet okays bill on establishing "apparatus of managing restored money"

    Date: 2020-09-03 13:46:23 GMT - Egypt - Economy - SN:36 - ID:8572885

    CAIRO, Sept 3 (MENA) - The Cabinet during its weekly meeting, under Prime Minister Mostafa Madbouli, approved a draft law on establishing the "apparatus of managing restored money" affiliated with the Finance Minister. The apparatus will have the ....

  • Electricity minister praises Egyptian-Chinese relations in all fields

    Date: 2020-09-03 12:56:50 GMT - Egypt - Economy - SN:28 - ID:8572782

    CAIRO, Sept 3 (MENA) - Minister of Electricity and Renewable Energy Mohamed Shaker has said that Egypt looks forward to strengthening economic, trade and social links with all countries as part of a plan to activate its relations with all world ....

  • Global (5): TCL Reaffirms its Innovative Leadership in Newest Multi-Categories - TV, Audio, Mobile and MDA - at IFA2020

    Date: 2020-09-03 12:29:29 GMT - Germany - Economy - SN:25 - ID:8572866

    Dear subscribers, following is a global bulletin published for PR Newswire:‎ ============================================================= BERLIN, Sept. 3, 2020 /PRNewswire/ -- TCL Electronics (1070.HK), one of the dominant players in the global ....

  • Trade min.: We’re keen to increase Egyptian exports to US market

    Date: 2020-09-03 12:14:35 GMT - Egypt - Economy - SN:23 - ID:8572624

    CAIRO, Sept 3 (MENA) - Minister of Trade and Industry Nevine Gamea has said that her ministry is keen on increasing Egyptian exports to the US market, which is considered a key importer of the country's products. Gamea added that she directed all ....

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