Economy

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  • Category : Economy
  • World Economic Forum says annual meeting in Davos will be delayed until summer 2021

    Date: 2020-08-26 18:35:06 GMT - Switzerland - Economy - SN:63 - ID:8563030

    GENEVA, Aug 26 (MENA) - The World Economic Forum announced Wednesday that it decided to postpone its upcoming annual meeting in Davos, Switzerland, due to safety concerns and in an effort to slow the spread of Covid-19, CNBC reported. The meeting, ....

  • EgyptAir increases weekly flights to UAE to 42 as of September 1

    Date: 2020-08-26 18:31:09 GMT - Egypt - Economy - SN:62 - ID:8563071

    CAIRO, Aug 26 (MENA) – EgyptAir said Wednesday that it would operate more flights to the UAE to reach 42 flights per week as of September 1. The move comes as part of the national flag carrier’s efforts to increase its flights to important ....

  • GAFI chief, Sohag governor discuss means of supporting investments

    Date: 2020-08-26 17:47:59 GMT - Egypt - Economy - SN:59 - ID:8562786

    CAIRO, Aug 26 (MENA) – Executive Director of the General Authority For Investment and Free Zones (GAFI) Mohamed Abdel Wahab on Wednesday met with Sohag Governor Tarek el Feki as part of his tour of Upper Egypt. The visit comes within the ....

  • Expolink organizes 1st virtual edition of AgroGate 2020 exhibition

    Date: 2020-08-26 17:24:25 GMT - Egypt - Economy - SN:55 - ID:8562824

    CAIRO, Aug 26 (MENA) – The Egyptian Exporters Association (Expolink) said it will organize the first virtual edition of AgroGate 2020 exhibition for agricultural crops in cooperation with the Agriculture Export Council on October 14. In a ....

  • Oil minister: Intensified efforts exerted by govt to contain pandemic, achieve development

    Date: 2020-08-26 15:57:19 GMT - Egypt - Economy - SN:53 - ID:8562820

    CAIRO, Aug 26 (MENA) - Petroleum Minister Tarek el Mulla said the government has adopted an economic reform package for development at all levels, enabling the country to contain the negative impact of the coronavirus crisis. The minister ....

  • UAB regional office to be set up in Saudi Arabia - Fattouh

    Date: 2020-08-26 14:40:14 GMT - Egypt - Economy - SN:49 - ID:8562787

    CAIRO, Aug 26 (MENA) – Secretary General of the Union of Arab Banks (UAB) Wissam Fattouh has announced the approval to establish a regional office for the union in Saudi Arabia. In a statement issued from the union’s office in Cairo, Fattouh said ....

  • Communications min.: 361 notary offices nationwide to be developed within 6 weeks

    Date: 2020-08-26 14:28:56 GMT - Egypt - Economy - SN:48 - ID:8562628

    CAIRO, Aug 26 (MENA) – Communications and Information Technology Minister Amr Talat said that 361 offices for notary services will be developed soon nationwide. In a press conference, he added that the development of the offices will be finalized ....

  • Parl't approves two agreements at dlrs 743.3 m with development partners

    Date: 2020-08-26 14:24:27 GMT - Egypt - Economy - SN:44 - ID:8562619

    CAIRO, Aug 26 (MENA) – International Cooperation Minister Rania Mashaat said the parliament has approved two agreements – at dlrs 743.3 million - with the International Bank for Reconstruction and Development (IBRD) and the Arab Fund for Economic ....

  • EGX indexes show mixed performance, benchmark down 0.07 pct

    Date: 2020-08-26 13:23:47 GMT - Egypt - Economy - SN:41 - ID:8562617

    CAIRO, Aug 26 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading, amid sales by foreign institutions and investment funds. Meanwhile, purchases prevailed in transactions of local and Arab ....

  • IMF hails latest developments of CBE in various sectors

    Date: 2020-08-26 12:58:36 GMT - Egypt - Economy - SN:37 - ID:8562438

    CAIRO, Aug 26 (MENA) – The International Monetary Fund mission hailed the latest developments witnessed by the Central Bank of Egypt in various sectors since the last assessment in 2017. This came after holding a number of online meetings between ....

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