Economy

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  • Category : Economy
  • German amb.: Confidence in Egypt's economy led Germany to support IMF deal

    Date: 2020-07-22 17:31:56 GMT - Egypt - Economy - SN:59 - ID:8518499

    CAIRO, July 22 (MENA) – German Ambassador to Egypt Cyrill Nunn said that confidence in Egyptian economy led Germany to support the International Monetary Fund’s decision to approve a USD 5.2 billion with Egypt last month. This came during a ....

  • EGX indexes show mixed performance, benchmark down 0.93 pct

    Date: 2020-07-22 16:17:52 GMT - Egypt - Economy - SN:53 - ID:8518502

    CAIRO, July 22 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading, amid sales by foreign institutions and investment funds. Meanwhile, purchases prevailed in transactions of local and Arab ....

  • EBRD invested €459m in Egypt in 1st half of 2020

    Date: 2020-07-22 15:56:38 GMT - Egypt - Economy - SN:49 - ID:8518087

    CAIRO, July 22 (MENA) – Investments of the European Bank for Reconstruction and Development (EBRD) in Egypt rose three times on an annual basis to €459 million in the first half of 2020, compared to €166 million registered in 2019. In a ....

  • French Chamber of Commerce holds fruitful B2B meetings between Egyptian, French companies

    Date: 2020-07-22 15:04:56 GMT - Egypt - Economy - SN:45 - ID:8517894

    CAIRO, July 22 (MENA) - The French Chamber of Commerce and Industry in Egypt has organized Business-to-Business (B2B) meetings between Egyptian and French companies via E-mission service which is provided by the chamber to enable Egyptian companies ....

  • Global (3): Regional Index for Medical Tourism Taps Dubai as Top Destination in the Arab World

    Date: 2020-07-22 14:52:47 GMT - USA - Economy - SN:43 - ID:8518409

    Dear subscribers, following is a global bulletin published for PR newswire: ----------------------------------------------------------------------------------------------------------------- Regional Index for Medical Tourism Taps Dubai as Top ....

  • Mashaat hails EBRD's approval to participate in Taamir bond issuance

    Date: 2020-07-22 14:37:21 GMT - Egypt - Economy - SN:40 - ID:8517965

    CAIRO, July 22 (MENA) – International Cooperation Minister Rania el Mashaat hailed the approval of the European Bank for Reconstruction and Development (EBRD) to take part in the latest EGP 10 billion bond issuance by El Taamir, the securitization ....

  • Volume of trade exchange between Egypt, Canada reaches $1.7bn: Minister

    Date: 2020-07-22 14:07:47 GMT - Egypt - Economy - SN:37 - ID:8517957

    CAIRO, July 22 (MENA) – Minister of Planning and Economic Development Hala el Saeed said that the volume of trade exchange between Egypt and Canada has reached 1.7 billion dollars and is expected to further increase in light of bilateral cooperation ....

  • IFC launches new program to help boost women’s employment in Egypt

    Date: 2020-07-22 14:05:38 GMT - Egypt - Economy - SN:36 - ID:8517882

    CAIRO, July 22 (MENA) - The International Finance Corporation (IFC), a member of the World Bank Group, is launching a new advisory program to improve women’s employment opportunities in Egypt, by highlighting how private sector companies can tap ....

  • Trade min.: Strategic partnership with EU aims at exchanging expertise, supporting MSEs

    Date: 2020-07-22 13:35:26 GMT - Egypt - Economy - SN:35 - ID:8518101

    CAIRO, July 22 (MENA) – Trade and Industry Minister Nivine Gamee said on Wednesday that the strategic partnership with the European Union aims at exchanging expertise and supporting medium and small enterprises. This came in her speech at the end ....

  • Economic experts laud CBE initiatives to support SMEs

    Date: 2020-07-22 12:23:38 GMT - Egypt - Economy - SN:31 - ID:8517865

    CAIRO, July 22 (MENA) – Economic experts and bankers have stressed the importance of expanding funds to small and medium-sized enterprises, which are key to achieving sustainable development goals. Efforts should be exerted to create jobs for ....

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