Economy

  • Service : English General
  • Category : Economy
  • Aviation Ministry renews ISO certificate for quality management systems

    Date: 2020-08-16 18:56:50 GMT - Egypt - Economy - SN:77 - ID:8549467

    CAIRO, Aug 16 (MENA) - The Egyptian Aviation Ministry has successfully passed the re-certification audits carried out by Britain's ACN company for quality and inspection services to renew the ministry's ISO certificate. The ministry has been ....

  • Study underway to set up insurance pool for natural hazards: IFE

    Date: 2020-08-16 17:10:26 GMT - Egypt - Economy - SN:71 - ID:8549412

    CAIRO, Aug 16 (MENA) - A recent study shows that natural catastrophes have accounted for the largest share of insurance claims globally, the Insurance Federation of Egypt (IFE) said Sunday. The study noted that disasters like the 9/11 attacks in ....

  • Finance Ministry auctions EGP 18 bln T-bills

    Date: 2020-08-16 16:31:23 GMT - Egypt - Economy - SN:64 - ID:8549366

    CAIRO, Aug 16 (MENA) – The Ministry of Finance auctioned treasury bills at a total value of EGP 18 billion. In a statement released Sunday, the ministry said it sold 91-day T-bills worth EGP 8 billion with an average yield of 13.521 percent, ....

  • 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 ....

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