Economy

  • Service : English General
  • Category : Economy
  • CBE keeps interest rates unchanged at 9.25%, 10.25% on deposits, loans, respectively

    Date: 2020-08-13 18:25:53 GMT - Egypt - Economy - SN:56 - ID:8546011

    CAIRO, Aug 13 (MENA) - The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to keep interest rates unchanged for the fourth meeting in a row. The overnight deposit rate, overnight lending rate, and the rate ....

  • Banque Misr increases stake in CI Capital to 24.7%

    Date: 2020-08-13 16:23:57 GMT - Egypt - Economy - SN:43 - ID:8545671

    CAIRO, Aug 13 (MENA) - Banque Misr increased its ownership stake in CI Capital to 24.70 percent, making the bank the largest shareholder of the company. The CI Capital Holding for Financial Investments (CICH) offers diversified non-banking ....

  • EGX gains EGP 1.5b with indexes showing mixed performance

    Date: 2020-08-13 14:13:17 GMT - Egypt - Economy - SN:33 - ID:8545652

    CAIRO, Aug 13 (MENA) – Egyptian Exchange (EGX) indexes showed mixed performance at the end of Thursday's trading amidst purchases by local investment funds and institutions which were met by selling operations by foreign firms and Arab ....

  • Electricity, planning ministries ink cooperation protocol

    Date: 2020-08-13 14:08:15 GMT - Egypt - Economy - SN:32 - ID:8545593

    CAIRO, Aug 13 (MENA) - Minister of Electricity and Renewable Energy Mohamed Shaker and Minister of Planning and Economic Development Hala el-Said signed Thursday a cooperation protocol between the two ministries to pump more investments into ....

  • Presidential decree renewing appointment of Yehia Zaki as SCZone head

    Date: 2020-08-13 13:18:20 GMT - Egypt - Economy - SN:29 - ID:8545557

    CAIRO, Aug 13 (MENA) - The General Authority for Suez Canal Economic Zone (SCZone) on Thursday announced that President Abdel Fattah El Sisi issued a decree renewing the appointment of Yehia Zaki as chairman of the authority for one year, starting ....

  • GLOBAL (2):The Bermuda Stock Exchange and Parent Company Miami International Holdings, Inc. Announce $1.94 Billion Debt Listing for NCL Corporation Ltd.

    Date: 2020-08-13 13:15:37 GMT - USA - Economy - SN:28 - ID:8545617

    Dear subscribers, following is a global bulletin published for PR newswire: ------------------------------------------------------------------------------------------------------ The Bermuda Stock Exchange and Parent Company Miami International ....

  • AOI, GAFI discuss promoting national industry, encourage international companies to invest in Egypt

    Date: 2020-08-13 12:17:15 GMT - Egypt - Economy - SN:24 - ID:8545413

    CAIRO, Aug 13 (MENA) - President of the Arab Organization for Industrialization (AOI) Abdel Moneim el Terras conferred on Thursday with Chairman of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel-Wahab on means to boost ....

  • GAFI chief discusses luring further Japanese investments

    Date: 2020-08-13 12:07:55 GMT - Egypt - Economy - SN:21 - ID:8545250

    CAIRO, Aug 13 (MENA) - Executive Director of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab on Thursday discussed at a meeting with Chairman of the Egypt-Japan Business Council Ibrahim El Araby means of luring further ....

  • Telecom Egypt: Revenues increase 18% in 2nd qtr of 2020

    Date: 2020-08-13 11:02:37 GMT - Egypt - Economy - SN:19 - ID:8545229

    CAIRO, Aug 13 (MENA) - The total of the revenues of Telecom Egypt increased 18% recording EGP 15 billion during the 2nd quarter of 2020. The company attributed the growth of the revenues to the 37% increase of the revenues of data ....

  • Global one: Powerful and Proven: Community Health Workers Can Build Health and Equity During Pandemic

    Date: 2020-08-13 10:50:26 GMT - USA - Economy - SN:18 - ID:8545248

    Dear subscribers, following is a global bulletin published for PR newswire: Powerful and Proven: Community Health Workers Can Build Health and Equity During Pandemic & Beyond WASHINGTON, Aug. 13, 2020 /PRNewswire/ -- New Orb Media ....

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