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Economy
- Service : English General
- Category : Economy
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Natural gas supplied to more than one million housing units within year - minister
Date: 2020-07-05 09:05:57 GMT - Egypt - Economy - SN:20 - ID:8495742
CAIRO, July 5 (MENA) - Minister of Petroleum and Mineral Resources Tarek al Molla said 1.07 housing units were connected to natural gas within 2019-2020 as part of a national project to deliver natural gas to households. In a statement issued ....
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Global(1): Fincasa Announces Global Online Investment Summit "Next Generation Visionaries"
Date: 2020-07-05 06:28:31 GMT - United Arab Emirates - Economy - SN:6 - ID:8495576
DUBAI, United Arab Emirates, July 5, 2020 /PRNewswire/ -- FINCASA VENTURES, UAE-based venture capital and advisor to Multi-Royal-Family Fund Houses, announces Investment summit with objective to syndicate USD 1.0 Bn investment in potential ....
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Youth ministry studies launch of new stage of Your Project's Key initiative
Date: 2020-07-04 19:18:50 GMT - Egypt - Economy - SN:50 - ID:8495350
CAIRO, July 4 (MENA) - Youth and Sports Minister Ashraf Sobhy said the ministry studies a new phase of "Your Project's Key" initiative in coordination with the Trade and Industry Ministry and the Small and Medium-Sized Enterprises Agency. Sobhy ....
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Egypt to launch national project for plasma derivatives production
Date: 2020-07-04 18:57:28 GMT - Egypt - Economy - SN:47 - ID:8495347
CAIRO, July 4 (MENA) - Minister of Health and Population Hala Zayed and Finance Minister Mohamed Maait on Saturday co-chaired a meeting of the Arab Company for Drug Industries and Medical Appliances (ACDIMA). During the meeting, the minister ....
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E-payment cards 136 pct up in 6 years - CBE
Date: 2020-07-04 18:01:27 GMT - Egypt - Economy - SN:39 - ID:8495284
CAIRO, July 4 (MENA) - Fresh data revealed Saturday by the Central Bank of Egypt (CBE) showed that 38.2 million e-payment cards had been issued by March 2020 up from 16.2 million cards in June 2014 with an increase of 136 percent. ATMs have also ....
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EDA issues new procedures to export drugs without affecting local market
Date: 2020-07-04 12:47:02 GMT - Egypt - Economy - SN:22 - ID:8494676
CAIRO, July 4 (MENA) – The Egyptian Drug Authority issued a number of new procedures concerning exporting Egyptian drugs without affecting the local market. In statements on Saturday, EDA's Spokesman Ali el Ghamrawy said the authority allowed ....
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CBE: Aman certificates beneficiaries hit 859,000
Date: 2020-07-04 11:55:52 GMT - Egypt - Economy - SN:19 - ID:8494671
CAIRO, July 4 (MENA) - The Central Bank of Egypt (CBE) said the number of beneficiaries from President Abdel Fattah El Sisi's initiative to provide insurance protection for irregular workers through Aman certificates has reached 859,000. They ....
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CBE: Financing of MSMEs initiative surpasses EGP 180bn
Date: 2020-07-04 11:41:19 GMT - Egypt - Economy - SN:16 - ID:8494634
CAIRO, July 4 (MENA) - The Central Bank of Egypt (CBE) initiative to finance micro, small and medium-sized enterprises (MSMEs), which was launched in January 2016, has made record financing in terms of facilitations, loans and beneficiaries with ....
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Fitch downgrades record number of sovereign ratings due to the coronavirus
Date: 2020-07-03 14:50:23 GMT - United Kingdom - Economy - SN:47 - ID:8494012
CAIRO, July 3 (MENA) - Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year — and the agency is not done yet as the coronavirus pandemic pummels government finances, CNBC reported. James McCormack, Fitch’s ....
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Dollar loses 13 piasters against EGP in June
Date: 2020-07-03 13:45:22 GMT - Egypt - Economy - SN:38 - ID:8493925
CAIRO, July 3 (MENA) - The US dollar has lost 13 piasters against the Egyptian pound, the lowest level in a month, the local currency has been boosted by positive economic news and the return of the foreign inflows into the Egyptian market. The ....
