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Economy
- Service : English General
- Category : Economy
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Bourse gains EGP 5.8 bln, all indexes up
Date: 2020-07-06 15:03:11 GMT - Egypt - Economy - SN:35 - ID:8497670
CAIRO, July 6 (MENA) - The Egyptian Exchange (EGX) indexes posted gains during Monday trading, reflected positively on purchase by local institutions. The market capital gained EGP 5.8 billion to reach EGP 606 billion, amid transaction totaled at ....
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Cabinet: Bourse recovers from COVID-19 impact
Date: 2020-07-06 13:37:55 GMT - Egypt - Economy - SN:29 - ID:8497371
CAIRO, July 6 (MENA) - The media center of the Cabinet has published an infograph highlighting the improvement of Egypt's Stock Exchange (EGX) amid retreat of world's stock markets after suffering losses due to the outbreak of the novel coronavirus ....
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Egypt acquires lion's share of investment deals in MENA
Date: 2020-07-06 12:22:33 GMT - United Arab Emirates - Economy - SN:27 - ID:8497307
DUBAI, July 6 (MENA) - Egypt acquired the lion's share of investments in Middle East and North African startups in the first half of 2020, according to a report conducted by MAGNiTT, a leading data platform for start-ups. Investments in Middle ....
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Dollar drops versus pound recording EGP 16.01 for buying at 11 banks
Date: 2020-07-06 11:18:04 GMT - Egypt - Economy - SN:20 - ID:8497334
CAIRO, July 6 (MENA) - The US dollar exchange rate retreated versus the Egyptian pound to lose six piasters during transactions at Egypt's banks amid expectations of more decline in the coming period. The optimistic expectations are backed by ....
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ECA head: Inking Arab customs cooperation deal to foster cooperation among Arab customs departments
Date: 2020-07-05 17:31:32 GMT - Egypt - Economy - SN:65 - ID:8496538
CAIRO, July 5 (MENA) – Chairman of the Egyptian Customs Authority (ECA) Kamal Negm said Sunday that the signing of the Arab customs cooperation agreement aims at boosting cooperation among the Arab customs departments to combat crime and customs ....
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Finance Ministry auctions EGP 23.5 bln T-bills, bonds
Date: 2020-07-05 17:29:14 GMT - Egypt - Economy - SN:64 - ID:8496646
CAIRO, July 5 (MENA) – The Ministry of Finance auctioned treasury bills and bonds at a total value of EGP 23.5 billion. In a statement released Sunday, the ministry said it sold 182-day T-bills worth EGP 9 billion with an average yield of 13.486 ....
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Transport minister follows up underway railway development projects
Date: 2020-07-05 11:52:42 GMT - Egypt - Economy - SN:30 - ID:8495900
CAIRO, July 5 (MENA) - Transport Minister Kamel el Wazir held on Sunday an expanded meeting with the Railway Authority officials to follow up progress rate of projects to develop train stations and rail crossings across the nation. Some 700 out ....
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CBE official: 4,291 clients benefit from initiative to support economic sectors
Date: 2020-07-05 11:50:53 GMT - Egypt - Economy - SN:29 - ID:8495839
CAIRO, July 5 (MENA) – An official source with the Central Bank of Egypt (CBE) said Sunday that about 69 billion pounds had been spent as part of an initiative to support the industry, agriculture and construction sectors in Egypt. As many as ....
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Natural gas supplied to more than one million housing units within year - minister
Date: 2020-07-05 09:05:57 GMT - Egypt - Economy - SN:20 - ID:8495742
CAIRO, July 5 (MENA) - Minister of Petroleum and Mineral Resources Tarek al Molla said 1.07 housing units were connected to natural gas within 2019-2020 as part of a national project to deliver natural gas to households. In a statement issued ....
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Global(1): Fincasa Announces Global Online Investment Summit "Next Generation Visionaries"
Date: 2020-07-05 06:28:31 GMT - United Arab Emirates - Economy - SN:6 - ID:8495576
DUBAI, United Arab Emirates, July 5, 2020 /PRNewswire/ -- FINCASA VENTURES, UAE-based venture capital and advisor to Multi-Royal-Family Fund Houses, announces Investment summit with objective to syndicate USD 1.0 Bn investment in potential ....
