Economy

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  • Category : Economy
  • Finance minister: Egypt seeks increasing cooperation with S. Korea

    Date: 2020-09-01 08:11:35 GMT - Egypt - Economy - SN:13 - ID:8569415

    CAIRO, Sept 1 (MENA) - Minister of Finance Mohamed Maait said on Tuesday that the government is keen on increasing foreign investments in Egypt especially the Korean investments. At a meeting with the new South Korean Ambassador Hong Jin-Wook, ....

  • Global (3): SHAREit Rides the Mobile Application Wave

    Date: 2020-09-01 07:09:07 GMT - United Arab Emirates - Economy - SN:9 - ID:8569376

    Dear subscribers, following is a global bulletin published for PRnewswire: ----------------------------------------------------------------------------------------------------------- DUBAI, UAE, Sept. 1, 2020 /PRNewswire/ -- Multi-utility ....

  • Global (2): Guidepoint Joins with Dubai FDI to Attract Foreign Investments

    Date: 2020-09-01 07:08:48 GMT - United Arab Emirates - Economy - SN:8 - ID:8569374

    Dear subscribers, following is a global bulletin published for PRnewswire: ---------------------------------------------------------------------------------------------------------- DUBAI, United Arab Emirates, Sept. 1, 2020 /PRNewswire/ -- ....

  • Global (1): Inventus Power Announces New Standard Li-ion Battery Platform for Motive & Stationary Applications

    Date: 2020-09-01 07:08:33 GMT - Australia - Economy - SN:7 - ID:8569373

    Dear subscribers, following is a global bulletin published for PRnewswire: ---------------------------------------------------------------------------------------------------------- WOODRIDGE, Illinois, Aug. 31, 2020 /PRNewswire/ -- Inventus ....

  • EGX gains EGP 45.4 bn in August

    Date: 2020-08-31 23:11:26 GMT - Egypt - Economy - SN:93 - ID:8569245

    CAIRO, Aug 31 (MENA) - The Egyptian Exchange (EGX) gained EGP 54.4 billion during August trading. The market capital hit EGP 360.9 billion in August, marking a 7.8 percent rise in comparison with July. The EGX 30 benchmark index went up by ....

  • CBE: Egypt's domestic liquidity rises to EGP 4.451 trillion by end of May

    Date: 2020-08-31 19:19:40 GMT - Egypt - Economy - SN:82 - ID:8569086

    CAIRO, Aug 31 (MENA) - The Central Bank of Egypt (CBE) has announced that Egypt's domestic liquidity rose by EGP 587.8 billion to register EGP 4.451 trillion with an increase of 15.2% in July-May of the 2019/2020 fiscal year. In its report ....

  • CBE: Bank deposits hit EGP 4.603 trillion in May

    Date: 2020-08-31 18:10:33 GMT - Egypt - Economy - SN:76 - ID:8568999

    CAIRO, Aug 31 (MENA) - The Central Bank of Egypt (CBE) on Monday announced an increase in bank deposits by around EGP 85 billion at the end of May to reach EGP 4.603 trillion against EGP 4.518 trillion in April. Total governmental deposits at ....

  • CBE: Egypt's foreign debt declines for 1st time to $111.3 bn by end of March

    Date: 2020-08-31 17:28:55 GMT - Egypt - Economy - SN:75 - ID:8568950

    CAIRO, Aug 31 (MENA) - The Central Bank of Egypt (CBE) on Monday said that Egypt's foreign debt has retreated for the first time in years to $111.3 billion at the end of March 2020, declining by 1.4 percent down from $ 112.7 billion at the end of ....

  • CBE: Credit facility balances rise to EGP 2.154 trillion by end of May

    Date: 2020-08-31 16:48:28 GMT - Egypt - Economy - SN:74 - ID:8568966

    CAIRO, Aug 31 (MENA) - The Central Bank of Egypt (CBE) on Monday said that the credit facility balances granted by banks rose by around EGP 300.3 billion to hit EGP 2.154 trillion, with an increase of 16.2% in July-May of the 2019/2020 fiscal ....

  • Naval forces sign contract to establish containers terminal at Abu Qir Port

    Date: 2020-08-31 15:13:44 GMT - Egypt - Economy - SN:59 - ID:8568468

    CAIRO, Aug 31 (MENA) - The command of the naval forces on Monday witnessed signing a contract to establish Abu Qir company for establishing and managing ports, the largest container terminal in the region. The construction and operation ....

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