Economy

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  • Category : Economy
  • Dollar exchange rate down at Egypt's banks

    Date: 2020-08-16 13:46:27 GMT - Egypt - Economy - SN:42 - ID:8549030

    CAIRO, Aug 16 (MENA) - The US dollar exchange rate maintained its downward trend during transactions at Egypt's banks on Sunday, amid a rise in foreign currency inflows during the previous weeks, thanks to the resumption of tourism and increase in ....

  • Bourse gains EGP 7.7 bn, all indexes up

    Date: 2020-08-16 13:44:07 GMT - Egypt - Economy - SN:41 - ID:8549176

    CAIRO, Aug 16 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains during Sunday's trading, backed by intensive purchases of local, Arab and foreign institutions and investment funds which focused on stocks in the fields of industry, ....

  • Etisalat Misr plans to pump investments worth EGP 4.5 bn in 2020- CEO

    Date: 2020-08-16 13:37:38 GMT - Egypt - Economy - SN:37 - ID:8548918

    CAIRO, Aug 16 (MENA) - CEO of Etisalat Misr Hazem Metwally announced that the telecom operator plans to inject new investments worth EGP 4.5 billion in 2020, with a view to developing mobile phone networks and enhancing services offered to ....

  • Egypt to purchase 40,000 tons of cooking oil - GASC

    Date: 2020-08-15 18:22:20 GMT - Egypt - Economy - SN:59 - ID:8548269

    CAIRO, Aug 15 (MENA) - The General Authority for Supply Commodities (GASC) has signed a contract to buy 40,000 tons of cooking oil. The oil shipment will arrive between October 25 and November 25, the GASC said in a statement Saturday. It is ....

  • EgyptAir urges passengers to present negative PCR test certificate

    Date: 2020-08-15 17:57:04 GMT - Egypt - Economy - SN:54 - ID:8548250

    CAIRO, Aug 15 (MENA) - EgyptAir called on non-Egyptian passengers coming from abroad to present a negative PCR test result certificate for the coronavirus. The test result should be dated within three days prior to the passenger’s arrival to ....

  • EgyptAir to operate 28 flights Sunday to 21 destinations

    Date: 2020-08-15 14:56:47 GMT - Egypt - Economy - SN:40 - ID:8547911

    CAIRO, Aug 15 (MENA) – EgyptAir said that it will operate 28 flights on Sunday to 21 destinations. The national carrier said the destinations are Dubai, Abu Dhabi, Amsterdam, Paris, Rome, Frankfurt, London, Munich, along with Istanbul, Khartoum, ....

  • Exports of chemical industries, fertilizers hit 2.4 bln in Jan-Jun 2020

    Date: 2020-08-15 14:20:55 GMT - Egypt - Economy - SN:36 - ID:8547634

    CAIRO, Aug 15 (MENA) - The Chemical and Fertilizers Export Council said the sector's exports hit 2.432 billion dollars during the period from January to June 2020, compared to 2.901 billion dollars registered during the same period in 2019, with a ....

  • AOI signs final contract with Benya Capital to establish Benya Factory for optical-fiber cables

    Date: 2020-08-15 13:04:00 GMT - Egypt - Economy - SN:31 - ID:8547662

    CAIRO, Aug 15 (MENA) - Fiber Misr for Communications and Information Technology (Benya Capital), a telecom and technology solutions provider, has signed the final contract for the Benya Factory for fiber-optic cables in partnership with the Arab ....

  • Test run starts at new slaughterhouse in Toshka

    Date: 2020-08-15 12:53:49 GMT - Egypt - Economy - SN:30 - ID:8547743

    CAIRO, Aug 15 (MENA) – The Public Enterprise Sector Ministry announced starting a test run for an automated slaughterhouse in Toshka area. In a statement on Saturday, it said the EGP 100 million automated slaughterhouse – which is affiliated to ....

  • Supply min.: Four logistics investment opportunities to be available by end of Aug.

    Date: 2020-08-15 12:31:44 GMT - Egypt - Economy - SN:29 - ID:8547703

    CAIRO, Aug 15 (MENA) – The Supply and Internal Trade Ministry announced initiating four new investment opportunities in the logistics business by the end of August. These opportunities include establishing depots for strategic food commodities in ....

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