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Economy
- Service : English General
- Category : Economy
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IMF official: Egypt's economic reforms contributed to countering COVID-19 impacts
Date: 2020-07-07 23:08:44 GMT - Egypt - Economy - SN:78 - ID:8499799
CAIRO, July 7 (MENA) - International Monetary Fund (IMF) Mission Chief for Egypt Uma Ramakrishnan said that the country's economic reform program has positively contributed to countering the impacts of the novel coronavirus (COVID-19). In a ....
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Bankers: Foreign reserves increase reflects strength of Egypt's economy
Date: 2020-07-07 21:27:23 GMT - Egypt - Economy - SN:71 - ID:8499627
CAIRO, July 7 (MENA) - Bankers and investment banks see that the Central Bank of Egypt (CBE) announcement about the increase of the country's foreign reserves by USD 2.2 billion in June to reach USD 38.2 billion reflects the strength of the national ....
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Egypt able to overcome Covid-19 repercussions: FRA chief
Date: 2020-07-07 20:57:25 GMT - Egypt - Economy - SN:70 - ID:8499652
ALEXANDRIA, Egypt, July 7 (MENA) – Egypt is one of the most attractive countries for foreign investments in Africa, Chairman of the Financial Regulatory Authority (FRA) Mohammed Omran affirmed on Tuesday. He made his remarks during a lecture ....
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Egypt, Pakistan reach cooperation deal on fashion design
Date: 2020-07-07 20:10:10 GMT - Egypt - Economy - SN:68 - ID:8499679
CAIRO, July 7 (MENA) - A deal has been reached to boost cooperation between the ready-made clothing sector in Egypt and famous fashion houses in Pakistan, such as the Pakistan Institute of Fashion and Design (PIFD), Head of the Egyptian Ready Made ....
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Bourse indexes show mixed performance
Date: 2020-07-07 19:46:53 GMT - Egypt - Economy - SN:67 - ID:8499624
CAIRO, July 7 (MENA) – The Egyptian Exchange (EGX) indexes showed mixed performance at the end of Tuesday's tradings amidst uncertainties among investors regarding the selling and purchase operations. The market capital gained EGP 1.1 billion to ....
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PM discusses providing finance for building 250,000 housing units
Date: 2020-07-07 17:19:59 GMT - Egypt - Economy - SN:59 - ID:8499510
CAIRO, July 7 (MENA) - Prime Minister Mostafa Madbouli discussed at a meeting on Tuesday the provision of the necessary funding for establishing 250,000 social housing units upon directives of President Abdel Fattah El Sisi. The meeting was ....
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Trademark registeration available at 15 commercial registry offices - Min.
Date: 2020-07-07 15:55:17 GMT - Egypt - Economy - SN:51 - ID:8499317
CAIRO, July 7 (MENA) - Supply and Internal Trade Minister Ali Al Moselhi announced on Tuesday that trademarks will be registered at 15 commercial registry offices in 15 governorates instead of registering them in Cairo only. Speaking during a ....
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EgyptAir receives 6th Airbus aircraft
Date: 2020-07-07 15:53:44 GMT - Egypt - Economy - SN:50 - ID:8499420
CAIRO, July 7 (MENA) - EgyptAir received on Tuesday the sixth A320Neo aircraft from the Airbus factory in the French city of Toulouse. The new aircraft is one of eight planes agreed upon under a contract signed with the French company. The ....
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NBE, IFC ink cooperation agreement on funding solar-powered water pumps
Date: 2020-07-07 14:48:29 GMT - Egypt - Economy - SN:47 - ID:8499257
CAIRO, July 7 (MENA) - The National Bank of Egypt (NBE) and the International Finance Corporation (IFC) signed on Tuesday a cooperation agreement on funding solar-powered water pumps. NBE Chairman Hisham Okasha said the deal shows that the bank ....
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Egypt only country with 2.4% positive growth in spite of COVID 19: Union of African Chambers
Date: 2020-07-07 14:15:06 GMT - Egypt - Economy - SN:46 - ID:8499165
CAIRO, July 7 (MENA) - Secretary General of the Union of African Chambers Alaa Ezz said that Egypt is the only country that has 2.4% positive growth in the gross domestic product despite the repercussions of the coronavirus. Exports in Egypt ....
