Economy

  • Service : English General
  • Category : Economy
  • Volume of trade exchange between Egypt, China hits dlrs 4.31 bn in four months

    Date: 2020-06-08 07:20:31 GMT - China - Economy - SN:9 - ID:8460717

    BEIJING, June 8 (MENA) - China's General Administration of Customs said the volume of trade exchange between Egypt and China hit dlrs 4.31 billion from January to April this year; a 3.2% rise on annual basis. In a statement on Monday, the Chinese ....

  • Global (2): Amidst Covid-19, Egyptian users seek and share positivity on LOLita

    Date: 2020-06-08 06:26:38 GMT - Egypt - Economy - SN:8 - ID:8460709

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ==================================================================== CAIRO, June 8, 2020 /PRNewswire/ -- Users across Egypt are displaying a show of solidarity and ....

  • Global (1): Absen Scoops 2020 Red Dot Award for New Champion Rental Staging LED Series

    Date: 2020-06-08 06:26:14 GMT - China - Economy - SN:7 - ID:8460706

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ==================================================================== SHENZHEN, China, June 8, 2020 /PRNewswire/ -- Leading global LED manufacturer Absen (SZSE:300389) is ....

  • CAPMAS: 52.9% decrease in Egyptian cotton exports during 2nd quarter of cultivation season

    Date: 2020-06-07 17:35:42 GMT - Egypt - Economy - SN:55 - ID:8460183

    CAIRO, June 7 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) stated Sunday that Egyptian cotton exports during the second quarter of the agricultural season of 2019-2020 totaled 273,100 metric quintals compared to ....

  • House passes 2 bills allowing petroleum minister to contract with exploration corporations

    Date: 2020-06-07 17:04:55 GMT - Egypt - Economy - SN:50 - ID:8460425

    CAIRO, June 7 (MENA) - The House of Representatives passed Sunday two bills introduced by the government, allowing the petroleum minister to make contracts with the Egyptian Natural Gas Holding Co. (EGAS), Ieoc Production BV, and BP Exploration ....

  • CBE: Foreign currency reserves decline to US dlrs 36 bln in May

    Date: 2020-06-07 16:40:44 GMT - Egypt - Economy - SN:47 - ID:8460175

    CAIRO, June 7 (MENA) - Foreign currency reserves declined by US dlrs 1.34 billion, to reach US dlrs 36.3 billion, the Central Bank of Egypt (CBE) said in a statement on Sunday. In April, the country's foreign reserves registered US dlrs 37.037 ....

  • PepsiCo injects $100 mln in Egypt’s market in 2020

    Date: 2020-06-07 16:31:24 GMT - Egypt - Economy - SN:46 - ID:8460170

    CAIRO, June 7 (MENA) - Egypt has been one of the strategic markets for PepsiCo group for more than 70 years, Chairman and CEO of PepsiCo Egypt Mohamed Shelbaya said. During a meeting with CEO of the General Authority for Investment and Free Zones ....

  • Finance Ministry auctions EGP 13.5 bln T-bills

    Date: 2020-06-07 15:14:41 GMT - Egypt - Economy - SN:41 - ID:8460172

    CAIRO, June 7 (MENA) – The Ministry of Finance auctioned treasury bills at a total value of EGP 13.5 billion. In a statement released Sunday, the ministry said it sold 91-day T-bills worth EGP six billion with average yield of 12.358%, adding it ....

  • Bourse gains EGP 17.3 bn, all indexes up

    Date: 2020-06-07 14:16:08 GMT - Egypt - Economy - SN:38 - ID:8460149

    CAIRO, June 7 (MENA) – The Egyptian Exchange (EGX) indexes achieved collective gains on Sunday, prompted by purchases by local and Arab institutions after Egypt and the International Monetary Fund (IMF) reached a preliminary deal on $5.2 billion ....

  • Egypt keeps membership at IOSCO for 4th time

    Date: 2020-06-07 12:17:25 GMT - Egypt - Economy - SN:32 - ID:8459875

    CAIRO, June 7 (MENA) - Egypt, represented in the Financial Supervisory Authority (FSA), retained its membership in the International Organization of Securities Commissions (IOSCO) board for the fourth consecutive year. The FSA has won a seat at ....

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