Economy

  • Service : English General
  • Category : Economy
  • Egypt's Embassy in London tackles government measures amid coronavirus

    Date: 2020-07-06 17:21:44 GMT - Egypt - Economy - SN:46 - ID:8497992

    CAIRO, July 6 (MENA) - The Egyptian Embassy in London, in cooperation with the Egyptian-British Chamber of Commerce, organized a symposium via video-conference on discussing the economic measures taken by the Egyptian government amid the coronavirus ....

  • Global (1): Saudi Oil Derivatives Grant to Yemen's Al-Mahra Province Enters 3rd Year

    Date: 2020-07-06 17:19:48 GMT - Yemen - Economy - SN:45 - ID:8498066

    Dear subscribers, following is a global bulletin published for PR newswire: ============================================================ AL-MAHRA, Yemen, July 6, 2020 /PRNewswire/ -- The Saudi Development and Reconstruction Program for Yemen ....

  • Bourse gains EGP 5.8 bln, all indexes up

    Date: 2020-07-06 15:03:11 GMT - Egypt - Economy - SN:35 - ID:8497670

    CAIRO, July 6 (MENA) - The Egyptian Exchange (EGX) indexes posted gains during Monday trading, reflected positively on purchase by local institutions. The market capital gained EGP 5.8 billion to reach EGP 606 billion, amid transaction totaled at ....

  • Cabinet: Bourse recovers from COVID-19 impact

    Date: 2020-07-06 13:37:55 GMT - Egypt - Economy - SN:29 - ID:8497371

    CAIRO, July 6 (MENA) - The media center of the Cabinet has published an infograph highlighting the improvement of Egypt's Stock Exchange (EGX) amid retreat of world's stock markets after suffering losses due to the outbreak of the novel coronavirus ....

  • Egypt acquires lion's share of investment deals in MENA

    Date: 2020-07-06 12:22:33 GMT - United Arab Emirates - Economy - SN:27 - ID:8497307

    DUBAI, July 6 (MENA) - Egypt acquired the lion's share of investments in Middle East and North African startups in the first half of 2020, according to a report conducted by MAGNiTT, a leading data platform for start-ups. Investments in Middle ....

  • Dollar drops versus pound recording EGP 16.01 for buying at 11 banks

    Date: 2020-07-06 11:18:04 GMT - Egypt - Economy - SN:20 - ID:8497334

    CAIRO, July 6 (MENA) - The US dollar exchange rate retreated versus the Egyptian pound to lose six piasters during transactions at Egypt's banks amid expectations of more decline in the coming period. The optimistic expectations are backed by ....

  • ECA head: Inking Arab customs cooperation deal to foster cooperation among Arab customs departments

    Date: 2020-07-05 17:31:32 GMT - Egypt - Economy - SN:65 - ID:8496538

    CAIRO, July 5 (MENA) – Chairman of the Egyptian Customs Authority (ECA) Kamal Negm said Sunday that the signing of the Arab customs cooperation agreement aims at boosting cooperation among the Arab customs departments to combat crime and customs ....

  • Finance Ministry auctions EGP 23.5 bln T-bills, bonds

    Date: 2020-07-05 17:29:14 GMT - Egypt - Economy - SN:64 - ID:8496646

    CAIRO, July 5 (MENA) – The Ministry of Finance auctioned treasury bills and bonds at a total value of EGP 23.5 billion. In a statement released Sunday, the ministry said it sold 182-day T-bills worth EGP 9 billion with an average yield of 13.486 ....

  • Transport minister follows up underway railway development projects

    Date: 2020-07-05 11:52:42 GMT - Egypt - Economy - SN:30 - ID:8495900

    CAIRO, July 5 (MENA) - Transport Minister Kamel el Wazir held on Sunday an expanded meeting with the Railway Authority officials to follow up progress rate of projects to develop train stations and rail crossings across the nation. Some 700 out ....

  • CBE official: 4,291 clients benefit from initiative to support economic sectors

    Date: 2020-07-05 11:50:53 GMT - Egypt - Economy - SN:29 - ID:8495839

    CAIRO, July 5 (MENA) – An official source with the Central Bank of Egypt (CBE) said Sunday that about 69 billion pounds had been spent as part of an initiative to support the industry, agriculture and construction sectors in Egypt. As many as ....

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