Economy
- Service : English General
- Category : Economy
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Diversity of national economy helped ease coronavirus repercussions - minister
Date: 2020-07-12 09:39:27 GMT - Egypt - Economy - SN:22 - ID:8504827
CAIRO, July 12 (MENA) - Planning Minister Hala el Saeed said in Sunday that the diversity of the Egyptian economy helped ease negative repercussions of coronavirus pandemic. In statements during President Abdel Fattah El Sisi's inauguration of ....
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Alexandria customs collected fees of EGP 3.9bn in June
Date: 2020-07-12 09:22:44 GMT - Egypt - Economy - SN:21 - ID:8504806
CAIRO, July 12 (MENA) - Finance Minister Mohamed Maait has revealed that Alexandria Customs Department collected total taxes and fees of EGP 3.9 billion in June. According to a report released on Sunday, Chairman of the Customs Authority Kamal ....
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FRA welcomes amendments to central depository, registration law
Date: 2020-07-12 08:31:14 GMT - Egypt - Economy - SN:14 - ID:8504738
CAIRO, July 12 (MENA) - Chairman of the Financial Regulatory Authority (FRA) Mohamed Omran welcomed on Sunday presidential decree approving amendments to law number 93/2000 on central depository and registration. In statements, he said, the ....
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Public business sector min. urges to continue renovation process at affiliated companies
Date: 2020-07-11 18:06:49 GMT - Egypt - Economy - SN:41 - ID:8504245
CAIRO, July 11 (MENA) - Public Business Sector Minister Hisham Tawfik urged to continue the renovation process of the ministry-affiliated companies, especially upgrading the manufacturing cells of Egyptalum company, set to be funded in cooperation ....
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Consumer Protection Agency: Sellers who avoid stating prices of products to be fined
Date: 2020-07-11 17:28:21 GMT - Egypt - Economy - SN:39 - ID:8504328
CAIRO, July 11 (MENA) – Acting head of Consumer Protection Agency Ahmed Samir Farrag said that the consumer protection law No. 181 of 2018 asserts that the seller must state the price of his products. In a press release, he noted that the ....
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IsDB Group executes 57 projects in Egypt worth $3.8 bln, says head
Date: 2020-07-11 13:37:59 GMT - Egypt - Economy - SN:23 - ID:8503924
JEDDAH, July 11 (MENA) – The Islamic Development Bank (IsDB) Group is currently executing 57 projects worth 3.8 billion dollars in Egypt, IsDB president Bandar Hajjar said Saturday. The IsDB provided a total funding of 12.8 billion dollars ....
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Saving certificates of NBE, BM garner some EGP 230bn
Date: 2020-07-11 09:26:55 GMT - Egypt - Economy - SN:13 - ID:8503647
CAIRO, July 11 (MENA) - The saving certificates issued by the National Bank of Egypt (NBE) and Banque Misr (BM) of 15-percent monthly return garnered some EGP 230 billion pounds since issuance in March, the two banks said on Saturday. The ....
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EgyptAir denies losing EGP 3m over operating system error
Date: 2020-07-10 23:45:47 GMT - Egypt - Economy - SN:62 - ID:8503431
CAIRO, July 10 (MENA) – EgyptAir Holding Company denied on Friday claims published by a website that the company has lost EGP 3 million after a plane departed then arrived in Cairo without any passengers on board. In a press release, the company ....
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NTRA takes part in Leaders’ Summit SAMENA 2020
Date: 2020-07-10 16:10:28 GMT - Egypt - Economy - SN:44 - ID:8503240
CAIRO, July 10 (MENA) - The National Telecommunications Regulatory Authority (NTRA) took part Friday in the Leaders’ Summit SAMENA 2020. SAMENA Telecommunications Council’s LEADERS’ SUMMIT 2020: The First 5G+X Centric Experience in Remote Digital ....
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US dollar loses 19 piasters against Egyptian pound
Date: 2020-07-10 14:48:22 GMT - Egypt - Economy - SN:33 - ID:8502968
CAIRO, July 10 (MENA) - The US dollar exchange maintained its downward trend over the past week transactions at major banks, loosing from nine to 19 piasters, backed by foreign investments and IMF loan to Egypt worth dlrs 5.2 billion. At the ....