ar
en
fr
Economy
- Service : English General
- Category : Economy
-
PM reviews IDSC report on Covid-19
Date: 2020-06-24 18:08:26 GMT - Egypt - Economy - SN:59 - ID:8482166
CAIRO, June 24 (MENA) – Prime Minister Mostafa Madbouli reviewed on Wednesday a report prepared by the Cabinet's Information and Decision Support Center (IDSC) on the re-operation of economy amid the current coronavirus crisis. The report dealt ....
-
Global (6): Cautious Optimism that the Worst is Over for Oil and Gas Markets on the Back of Production Adjustments and Countries Opening Up, Revealed at this Week's ADIPEC Energy Dialogue
Date: 2020-06-24 15:21:01 GMT - United Arab Emirates - Economy - SN:46 - ID:8482082
Dear subscribers following is a global bulletin published for PR newswires: ============================================================ Cautious Optimism that the Worst is Over for Oil and Gas Markets on the Back of Production Adjustments and ....
-
Dollar drops versus pound recording EGP 16.1 for buying, EGP 16.2 for selling
Date: 2020-06-24 15:19:38 GMT - Egypt - Economy - SN:45 - ID:8482104
CAIRO, June 24 (MENA) - The US dollar exchange rate retreated versus the Egyptian pound during transactions at Egypt's banks on Wednesday. The dollar rate declined one piaster, standing at EGP 16.1 for buying and EGP 16.2 for selling, according ....
-
IMF places Egypt among top 30 countries with strong economic performance
Date: 2020-06-24 13:58:44 GMT - USA - Economy - SN:39 - ID:8481876
WASHINGTON, June 24 (MENA) - The International Monetary Fund (IMF) has placed Egypt among the top 30 countries, whose economies constitute 83 percent of the Gross World Product (GWP). In its World Economic Outlook for June, the fund expected ....
-
Egypt backs investments expansion of local, int'l companies in Egyptian market - minister
Date: 2020-06-24 13:44:40 GMT - Egypt - Economy - SN:37 - ID:8481684
CAIRO, June 24 (MENA) - Trade and Industry Minister Nevin Gamea reiterated the ministry's full commitment to providing full support to local and international companies seeking to expand their investments in the Egyptian market. She promised to ....
-
Finance Ministry denies levying monthly tax on iPhone users
Date: 2020-06-24 13:43:28 GMT - Egypt - Economy - SN:36 - ID:8481777
CAIRO, June 24 (MENA) - The Finance Ministry denied media reports that it plans to impose a monthly tax on iPhone users in Egypt. In a statement on Wednesday, the ministry dismissed as groundless statements attributed to Finance Minister Mohamed ....
-
Unlicensed factory for producing disinfectants , face masks seized in Sharqiya
Date: 2020-06-24 13:42:46 GMT - Egypt - Economy - SN:35 - ID:8481783
CAIRO, June 24 (MENA) - Consumer Protection Agency, in coordination with Pharmaceutical Affairs Central Administration, seized an unlicensed factory producing anonymous disinfectants and preventive face masks. Acting president of the agency Ahmed ....
-
Egypt bourse gains EGP 10.6 billion
Date: 2020-06-24 13:41:10 GMT - Egypt - Economy - SN:33 - ID:8481855
CAIRO, June 24 (MENA) - The Egyptian Exchange (EGX) indexes posted gains on Wednesday prompted by positive news of lifting curfew and the Central Bank of Egypt's approval of the acquisition bid of Hermes and the Egyptian Sovereign Wealth Fund of 76 ....
-
Egyptian firm to establish dlrs 89 m power station in Afghanistan
Date: 2020-06-24 13:40:48 GMT - Egypt - Economy - SN:32 - ID:8481750
CAIRO, June 24 (MENA) – Egypt’s Ambassador to Afghanistan Hani Salah said an Egyptian company managed to make its way into the Afghan market through inking a contract for establishing a 59-megawatt power station in Mazari Sharif city in northern ....
-
IMF predicts 'worse than anticipated' slowdown for global economy in 2020
Date: 2020-06-24 13:39:08 GMT - Egypt - Economy - SN:30 - ID:8481878
WASHINGTON, June 24 (MENA) - The International Monetary Fund (IMF) has predicted a deeper recession for the global economy for 2020 than previously expected. As per its latest World Economic Outlook (WEO) report posted online, global growth is ....
