Economy

  • Service : English General
  • Category : Economy
  • Bourse gains EGP 6.3bn, all indexes up

    Date: 2020-06-12 08:19:45 GMT - Egypt - Economy - SN:11 - ID:8466205

    CAIRO, June 12 (MENA) – The Egyptian Exchange (EGX) indexes achieved collective gains this week. The market capital gained about EGP 6.3 billion to hit EGP 574.4 billion. The EGX 30 benchmark index jumped 1.98 percent, registering 10,831.92 ....

  • Global-PRNewswire(3):Saudi Development and Reconstruction Program for Yemen Launches Energy and Water Projects in Socotra

    Date: 2020-06-11 18:54:30 GMT - Yemen - Economy - SN:55 - ID:8465967

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- SOCOTRA, Yemen, June 11, 2020 /PRNewswire/ -- The Saudi ....

  • ‪Report: Egypt sees high economic growth rates in Sisi’s era‬

    Date: 2020-06-11 18:45:50 GMT - Egypt - Economy - SN:54 - ID:8465956

    ‪CAIRO, June 11 (MENA) – Since President Abdel Fattah El Sisi came to power in 2014, the Finance Ministry has been prompt to adopt structural reforms to improve macroeconomic policies in a move which went in sync with the government’s economic ....

  • Egyptian pound achieved great performance against USD compared to emerging markets - Bloomberg

    Date: 2020-06-11 17:11:34 GMT - Egypt - Economy - SN:43 - ID:8465510

    CAIRO, June 11 (MENA) – The Egyptian pound has achieved a great performance against the US dollar since the beginning of 2020 compared to other emerging markets despite the coronavirus pandemic that is rocking the whole world, Bloomberg statistics ....

  • Egypt's nominee for WTO chief: Organization's problems need clarity of purpose

    Date: 2020-06-11 16:55:10 GMT - Switzerland - Economy - SN:40 - ID:8465722

    GENEVA, June 11 (MENA) – Egypt’s nominee for the post of the World Trade Organization’s director general Abdel Hameed Mamdouh said the organization’s problems require a clarity of purpose and a genuine desire from all countries to seek solutions to ....

  • Aluminium, copper exports decline 17% to $209 mln in 4 months

    Date: 2020-06-11 16:27:52 GMT - Egypt - Economy - SN:39 - ID:8465690

    CAIRO, June 11 (MENA) - Egypt's aluminium and copper exports decreased 17 percent to reach 209 million dollars in the first four months of the current year, down from 252 million dollars in the same period last year. In its recent report, the ....

  • GAFI executive director mourns former head

    Date: 2020-06-11 15:36:03 GMT - Egypt - Economy - SN:38 - ID:8465515

    CAIRO, June 11 (MENA) - Counselor Mohamed Abdel Wahab Executive Director of the General Authority for Investments and Free Zones (GAFI) mourned Thursday the death of Mohsen Adel , GAFI's former head. In a statement issued Thursday Abdel Wahab ....

  • EGX indexes show mixed performance

    Date: 2020-06-11 14:41:48 GMT - Egypt - Economy - SN:33 - ID:8465509

    CAIRO, June 11 (MENA) – The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Thursday’s trading, amid sales by Arab and foreign institutions and investment funds. Meanwhile, purchases prevailed in transactions of local ....

  • EETC, Energya PTS ink contract of Jirzah generator station project

    Date: 2020-06-11 14:14:18 GMT - Egypt - Economy - SN:31 - ID:8465212

    CAIRO, June 11 (MENA) - The Egyptian Electricity Transmission company (EETC) inked a contract with Energya Power and Telecom Solutions (Energya PTS) for a project to establish Jirzah generators station with a total cost of EGP 295 million. The ....

  • Minister of industry probes cooperation in industrial digitization and training with Siemens

    Date: 2020-06-11 12:09:01 GMT - Egypt - Economy - SN:22 - ID:8465154

    CAIRO, June 11 (MENA) - Minister of Trade and Industry Niven Gamea' met on Thursday with a delegation of Siemens Egypt company for talks on benefiting from the potentials of the company in developing the national industry and activating a memorandum ....

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