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Economy
- Service : English General
- Category : Economy
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GAFI chief discusses Amazon plans for expansion in Egypt
Date: 2020-08-11 19:32:06 GMT - Egypt - Economy - SN:78 - ID:8543070
CAIRO, Aug 11 (MENA) - Head of the General Authority of Free Zones and Investment (GAFI) Mohamed Abdel Wahab on Tuesday discussed at a meeting with Omar El Sahy, the General Manager of Souq.com, an affiliate of the E-commerce giant Amazon, the ....
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EBRD approves $100 mln loan agreement for Banque Misr
Date: 2020-08-11 18:12:52 GMT - Egypt - Economy - SN:72 - ID:8543068
CAIRO, Aug 11 (MENA) - Minister of International Cooperation Rania el Mashat announced that the the European Bank for Reconstruction and Development (EBRD) approved a $100 million loan agreement for Banque Misr. The move comes as part of the ....
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Egypt's agricultural exports exceed 3.7 mln tons since January
Date: 2020-08-11 14:34:51 GMT - Egypt - Economy - SN:46 - ID:8542647
CAIRO, Aug 11 (MENA) - The Ministry of Agriculture and Land Reclamation announced on Tuesday that the volume of Egyptian agricultural exports increased to more than 3.7 million tonnes during the period from January to August 5. This came in a ....
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Bloomberg: Egypt boosts its position as preferred destination for int'l investors
Date: 2020-08-11 14:13:29 GMT - USA - Economy - SN:44 - ID:8542533
WASHINGTON, Aug 11 (MENA) - Egypt succeeded in boosting its global position as a preferred destination for investors who invest in the debt instruments, backed by the economic regulations adopted by the Egyptian policy-makers since the coronavirus ....
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Egypt takes great steps to implement its artificial intelligence strategy: Minister
Date: 2020-08-11 13:48:56 GMT - Egypt - Economy - SN:39 - ID:8542558
CAIRO, Aug 11 (MENA) - Communications Minister Amr Talaat said that Egypt has taken great steps as regards implementing its national strategy for Artificial Intelligence (AI). Talaat was speaking during the opening session of the Virtual Regional ....
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EGX indexes show mixed performance, benchmark down 0.17 pct
Date: 2020-08-11 13:16:25 GMT - Egypt - Economy - SN:35 - ID:8542646
CAIRO, Aug 11 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Tuesday's trading, amid sales by foreign institutions and investment funds. Meanwhile, purchases prevailed in transactions of local and Arab ....
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Global (5): Globalization Partners Launches Revenue Team in EMEA
Date: 2020-08-11 12:41:25 GMT - USA - Economy - SN:33 - ID:8542504
Dear subscribers, following is a global bulletin published for PR newswire: ============================================================= Globalization Partners Launches Revenue Team in EMEA Company Names Nick Adams as Vice President of ....
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AOI signs contract with Italy for production of 'safe" syringes
Date: 2020-08-11 11:53:06 GMT - Egypt - Economy - SN:31 - ID:8542248
CAIRO, Aug 11 (MENA) - Head of the Arab Organization for Industrialization (AOI) Abdelmonem Eltarras said Tuesday that AOI has signed a contract with an Italian group for the production of "safe" syringes. In statements on Tuesday, Tarras said the ....
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IMF: Egypt's banking system remains stable amid COVID-19
Date: 2020-08-11 08:21:13 GMT - USA - Economy - SN:16 - ID:8541633
WASHINGTON, Aug 11 (MENA) - The International Monetary Fund (IMF) said that Egypt's banking system has remained stable amid the coronavirus (COVID-19) crisis. The most recent data indicate that the system was liquid, profitable, and well capitalized ....
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Mulla: Natural gas very important for economic growth
Date: 2020-08-11 07:50:37 GMT - Egypt - Economy - SN:14 - ID:8541728
CAIRO, Aug 11 (MENA) - Minister of Oil Tarek Al Mulla said on Tuesday that natural gas is very important for economic growth and industrial development. He added in statements during signing a contract of supplying natural gas to the industrial ....
