Economy
- Service : English General
- Category : Economy
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IsDB Group executes 57 projects in Egypt worth $3.8 bln, says head
Date: 2020-07-11 13:37:59 GMT - Egypt - Economy - SN:23 - ID:8503924
JEDDAH, July 11 (MENA) – The Islamic Development Bank (IsDB) Group is currently executing 57 projects worth 3.8 billion dollars in Egypt, IsDB president Bandar Hajjar said Saturday. The IsDB provided a total funding of 12.8 billion dollars ....
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Saving certificates of NBE, BM garner some EGP 230bn
Date: 2020-07-11 09:26:55 GMT - Egypt - Economy - SN:13 - ID:8503647
CAIRO, July 11 (MENA) - The saving certificates issued by the National Bank of Egypt (NBE) and Banque Misr (BM) of 15-percent monthly return garnered some EGP 230 billion pounds since issuance in March, the two banks said on Saturday. The ....
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EgyptAir denies losing EGP 3m over operating system error
Date: 2020-07-10 23:45:47 GMT - Egypt - Economy - SN:62 - ID:8503431
CAIRO, July 10 (MENA) – EgyptAir Holding Company denied on Friday claims published by a website that the company has lost EGP 3 million after a plane departed then arrived in Cairo without any passengers on board. In a press release, the company ....
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NTRA takes part in Leaders’ Summit SAMENA 2020
Date: 2020-07-10 16:10:28 GMT - Egypt - Economy - SN:44 - ID:8503240
CAIRO, July 10 (MENA) - The National Telecommunications Regulatory Authority (NTRA) took part Friday in the Leaders’ Summit SAMENA 2020. SAMENA Telecommunications Council’s LEADERS’ SUMMIT 2020: The First 5G+X Centric Experience in Remote Digital ....
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US dollar loses 19 piasters against Egyptian pound
Date: 2020-07-10 14:48:22 GMT - Egypt - Economy - SN:33 - ID:8502968
CAIRO, July 10 (MENA) - The US dollar exchange maintained its downward trend over the past week transactions at major banks, loosing from nine to 19 piasters, backed by foreign investments and IMF loan to Egypt worth dlrs 5.2 billion. At the ....
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SCZone board of directors gives go ahead to several mega projects
Date: 2020-07-10 14:14:55 GMT - Egypt - Economy - SN:29 - ID:8502844
CAIRO, July 10 (MENA) - Suez Canal Economic Zone (SCZone) board of directors on Friday approved a number of mega projects set to be implemented in the coming period after being mulled by the investment committee. The meeting also discussed ....
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Bourse gains EGP 6.9 bn this week, all indexes up
Date: 2020-07-09 19:32:08 GMT - Egypt - Economy - SN:78 - ID:8502329
CAIRO, July 9 (MENA) – The Egyptian Exchange (EGX) indexes posted collective gains during this week’s trading, according to the bourse’s weekly report released on Thursday. The market capital gained EGP 6.9 billion to reach EGP 596.8 billion ....
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CBE: Annual inflation rate falls to 1% in June
Date: 2020-07-09 19:13:54 GMT - Egypt - Economy - SN:76 - ID:8502295
CAIRO, July 9 (MENA) – The Central Bank of Egypt (CBE) announced that Egypt's annual inflation rate declined to 1 percent in June 2020, compared to 1.5 percent in May of the same year. In a statement on Thursday, the CBE said Egypt's monthly ....
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Global(4):Alight's COVID-19 Health Messaging Campaign IN OUR HANDS Reaches 100 Million People Worldwide
Date: 2020-07-09 18:38:29 GMT - USA - Economy - SN:73 - ID:8502308
International Humanitarian Organization Delivers First Virus Prevention Information to Marginalized and Remote Communities Through Global Grassroots Efforts MINNEAPOLIS, July 9, 2020 /PRNewswire/ -- Alight, formerly known as the American ....
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IMF: Egypt takes proactive approach to limit pandemic’s fallout
Date: 2020-07-09 18:13:40 GMT - Egypt - Economy - SN:72 - ID:8502248
WASHINGTON, July 9 (MENA) – Reforms aim to preserve the economic achievements of the past four years and advance key structural measures while protecting the vulnerable populations, the IMF said on Thursday in a report. Egypt was one of the ....