Economy

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  • Category : Economy
  • global 1:TECNO Joins Android 11 Developer Preview Program and Release its Pouvoir 4 Update

    Date: 2020-07-13 06:27:32 GMT - Hong Kong - Economy - SN:5 - ID:8505868

    Dear subscribers, following is a global bulletin published for PR newswire: ============================================================= HONG KONG, July 13, 2020 /PRNewswire/ --Global premier mobile phone brand TECNO Mobile ....

  • Dollar exchange rate down at Egypt's banks

    Date: 2020-07-12 15:43:33 GMT - Egypt - Economy - SN:59 - ID:8505387

    CAIRO, July 12 (MENA) - The US dollar exchange rate maintained its downward trend during transactions at Egypt's banks on Sunday, losing between two and three piasters. At the National Bank of Egypt and Banque Misr the dollar rate declined to EGP ....

  • Planning min.: IsDB provided total funding of $12.8 bln for Egypt

    Date: 2020-07-12 15:40:15 GMT - Egypt - Economy - SN:56 - ID:8505309

    CAIRO, July 12 (MENA) - Planning and Economic Development Minister Hala el Saeed said that the Islamic Development Bank (IsDB) Group has provided a total funding of $12.8 billion for Egypt in the past period. In a press statement, Saeed lauded ....

  • Bourse gains EGP 11 bn, all indexes up

    Date: 2020-07-12 15:19:35 GMT - Egypt - Economy - SN:52 - ID:8505291

    CAIRO, July 12 (MENA) - The Egyptian Exchange (EGX) indexes posted collective gains during Sunday's trading, backed by purchases of local and Arab institutions and investment funds, against selling operations by foreign investors. The market ....

  • Finance minister says fund to encourage consumption to be launched soon

    Date: 2020-07-12 14:58:10 GMT - Egypt - Economy - SN:49 - ID:8505305

    CAIRO, July 12 (MENA) – Finance Minister Mohamed Mait said Sunday that a proposed fund to promote consumption, which should be launched soon, is meant to give the economy a shot in the arm. The fund-to-be aims to increase consumer capabilities ....

  • Diversity of national economy helped ease coronavirus repercussions - minister

    Date: 2020-07-12 09:39:27 GMT - Egypt - Economy - SN:22 - ID:8504827

    CAIRO, July 12 (MENA) - Planning Minister Hala el Saeed said in Sunday that the diversity of the Egyptian economy helped ease negative repercussions of coronavirus pandemic. In statements during President Abdel Fattah El Sisi's inauguration of ....

  • Alexandria customs collected fees of EGP 3.9bn in June

    Date: 2020-07-12 09:22:44 GMT - Egypt - Economy - SN:21 - ID:8504806

    CAIRO, July 12 (MENA) - Finance Minister Mohamed Maait has revealed that Alexandria Customs Department collected total taxes and fees of EGP 3.9 billion in June. According to a report released on Sunday, Chairman of the Customs Authority Kamal ....

  • FRA welcomes amendments to central depository, registration law

    Date: 2020-07-12 08:31:14 GMT - Egypt - Economy - SN:14 - ID:8504738

    CAIRO, July 12 (MENA) - Chairman of the Financial Regulatory Authority (FRA) Mohamed Omran welcomed on Sunday presidential decree approving amendments to law number 93/2000 on central depository and registration. In statements, he said, the ....

  • Public business sector min. urges to continue renovation process at affiliated companies

    Date: 2020-07-11 18:06:49 GMT - Egypt - Economy - SN:41 - ID:8504245

    CAIRO, July 11 (MENA) - Public Business Sector Minister Hisham Tawfik urged to continue the renovation process of the ministry-affiliated companies, especially upgrading the manufacturing cells of Egyptalum company, set to be funded in cooperation ....

  • Consumer Protection Agency: Sellers who avoid stating prices of products to be fined

    Date: 2020-07-11 17:28:21 GMT - Egypt - Economy - SN:39 - ID:8504328

    CAIRO, July 11 (MENA) – Acting head of Consumer Protection Agency Ahmed Samir Farrag said that the consumer protection law No. 181 of 2018 asserts that the seller must state the price of his products. In a press release, he noted that the ....

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