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Economy
- Service : English General
- Category : Economy
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EGX main index down 0.96%
Date: 2020-09-06 13:27:05 GMT - Egypt - Economy - SN:47 - ID:8576383
CAIRO, Sept 6 (MENA) - The Egyptian Exchange (EGX) indexes went down at the end of Sunday's trading session, amid selective purchases by local investment funds and individual investors. The market capital hit EGP 622 billion after transactions ....
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Egypt, Japan discuss 2021-2022 cooperation projects
Date: 2020-09-06 11:56:27 GMT - Egypt - Economy - SN:34 - ID:8576192
CAIRO, Sept 6 (MENA) – The International Cooperation Ministry and representatives of the Japanese Embassy in Cairo, the Japan International Cooperation Agency (JICA) and Japan Bank for International Cooperation (JBIC) met Sunday to select ....
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Planning min. decides to establish sub-fund for financial services
Date: 2020-09-06 10:52:21 GMT - Egypt - Economy - SN:31 - ID:8575990
CAIRO, Sept 6 (MENA) – Planning Minister Hala el Saeid has decided to establish an Egyptian sub-fund for financial services and digital transformation. The sub-fund should help achieve comprehensive and sustainable development based on Egypt’s ....
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US dollar price goes down at Egypt's major banks
Date: 2020-09-06 10:48:23 GMT - Egypt - Economy - SN:27 - ID:8576126
CAIRO, Sept 6 (MENA) - The US dollar exchange rate went down during Sunday transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar price registered EGP 15.77 for buying and EGP 15.87 for selling. At the Commercial ....
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Egypt's trade deficit declines by 8.6 percent in June: CAPMAS
Date: 2020-09-06 10:44:43 GMT - Egypt - Economy - SN:26 - ID:8575948
CAIRO, Sept 6 (MENA) - Egypt’s trade deficit dropped 8.6 percent during June 2020, recording dlrs 3.30 billion, compared to dlrs 3.61 billion in the same month of 2019, according to the state's statistics agency CAPMAS. In its monthly bulletin ....
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Finance Ministry asserts its keenness on developing human resources in all sectors
Date: 2020-09-06 09:51:02 GMT - Egypt - Economy - SN:22 - ID:8575997
CAIRO, Sept 6 (MENA) - Finance Minister Mohamed Maait asserted the ministry's keenness on developing the human resources in all economic sectors and its affiliate bodies in accordance with the latest international standards and expertise in this ....
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EJB expects 50% increase in E-commerce activities in 2021
Date: 2020-09-04 19:29:38 GMT - Egypt - Economy - SN:66 - ID:8574480
ALEXANDRIA, Sept 4 (MENA) - Sherif Makhlouf, a member of the Egyptian Junior Business Association (EJB), expected that E-commerce activities will see an increase of about 50% in 2021 due to the coronavirus repercussions. In press statements on ....
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BOE official: Additional easing will probably be needed
Date: 2020-09-04 15:41:22 GMT - United Kingdom - Economy - SN:50 - ID:8574311
LONDON, Sept 4 (MENA) - The Bank of England will probably need to ease monetary policy further to help combat the economic impact of the coronavirus, according to central bank official Michael Saunders. Saunders, who sits on the BOE’s ....
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Over 12,000 tour guides to receive EGP 500 allowance as of Tuesday- says min.
Date: 2020-09-04 15:12:44 GMT - Egypt - Economy - SN:47 - ID:8574286
CAIRO, Sept 4 (MENA) - The ministries of social solidarity and tourism have decided to offer an exceptional allowance of EGP 500 to tour guides for four months to help them face the economic repercussions of the novel coronavirus (COVID-19), ....
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US trade deficit swells in July to highest level since 2008
Date: 2020-09-04 14:46:22 GMT - United Kingdom - Economy - SN:37 - ID:8574132
LONDON, Sept 4 (MENA) - The US monthly trade deficit hit its highest level since 2008 in July as the country continued to import more than it exports, in a blow to US President Donald Trump’s promise during the 2016 election campaign to reduce that ....
