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Economy
- Service : English General
- Category : Economy
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MSMEDA targets to fund 200,000 mirco-enterprises in 2020 - min.
Date: 2020-06-02 17:58:03 GMT - Egypt - Economy - SN:51 - ID:8454187
CAIRO, June 2 (MENA) - The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) aims to fund about 200,000 microloans with total financing of EGP 3 billion during 2020, Trade and Industry Minister and MSMEDA CEO Nevin Gamea said. In ....
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Finance Ministry: EGP 5.7bln allocated for social housing program in new budget
Date: 2020-06-02 13:59:57 GMT - Egypt - Economy - SN:35 - ID:8453791
CAIRO, June 2 (MENA) – Allocations for the social housing program in the new state budget for fiscal year 2020/2021 have hit about EGP 5.7 billion, up from EGP 3.9 billion allocated in fiscal 2019/2020 with an increase estimated at 1.8 ....
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Bourse gains EGP 5.9bn, all indexes up
Date: 2020-06-02 13:59:08 GMT - Egypt - Economy - SN:34 - ID:8453840
CAIRO, June 2 (MENA) - The Egyptian Exchange (EGX) indexes achieved collective gains on Tuesday, prompted by purchases by local institutions and investment funds. Meanwhile, sales prevailed in transactions of Arab and foreign investors. The ....
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global :ZTE helps China Mobile launch China's first 5G medical edge cloud platform
Date: 2020-06-02 10:07:55 GMT - China - Economy - SN:17 - ID:8453490
Dear subscribers, following is a global bulletin published for PR Newswire: ----------------------------------------------------------------------------------------------------------- SHENZHEN, China, June 2, 2020 /PRNewswire/ -- ZTE ....
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Subsidy of oil products reaches EGP 28bn in new budget -- Finance Minsitry
Date: 2020-06-02 09:00:12 GMT - Egypt - Economy - SN:11 - ID:8453324
CAIRO, June 2 (MENA) - Subsidy for oil products in the 2020/2021 general budget will reach 28.193 billion pounds compared to 52.963 billion pounds in the current budget at a decrease of 24.770 billion pounds, according to a draft of the new budget ....
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Finance Ministry: Purchases of non-financial assets estimated at EGP 280.6 bn in new budget
Date: 2020-06-01 23:06:03 GMT - Egypt - Economy - SN:69 - ID:8453128
CAIRO, June 1 (MENA) - The Finance Ministry said purchases of non-financial assets in the 2020-2021 budget stands at EGP 280.6 billion against EGP 211.2 billion in the 2019-2020 budget. In a statement on Monday, the ministry said the total ....
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Finance Ministry earmarks EGP 100 bn for purchasing commodities, services
Date: 2020-06-01 22:18:54 GMT - Egypt - Economy - SN:66 - ID:8453110
CAIRO, June 1 (MENA) - The 2020-2021 budget allocates about EGP 100.2 billion for purchasing commodities and services against EGP 74.9 billion in the 2019-2020 budget. The allocations for commodities and services represent 5.8 percent of the ....
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Finance Ministry: EGP 566 bn for public debt service interest ratio in new budget
Date: 2020-06-01 21:53:11 GMT - Egypt - Economy - SN:64 - ID:8453105
CAIRO, June 1 (MENA) - The interest cost of servicing the public debt is estimated at EGP 566 billion in the 2020-2021 budget against EGP 569 billion in the budget of the current year. In a statement on Monday, the Finance Ministry said the total ....
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Finance ministry issues State’s general budget bill for FY 2020/2021
Date: 2020-06-01 20:15:42 GMT - Egypt - Economy - SN:61 - ID:8452922
CAIRO, June 1 (MENA) – The Ministry of Finance issued on Monday the financial statement on the State’s general budget bill for the 2020/2021 fiscal year. The time of compiling the 2020/2021 budget bill has coincided with exceptional events as ....
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Finance Ministry: EGP 335 bln allocated for wages, workers compensations in new budget
Date: 2020-06-01 20:00:24 GMT - Egypt - Economy - SN:52 - ID:8453003
CAIRO, June 1 (MENA) - The allocations for wages and workers compensation in the general budget bill for the 2020/2021 fiscal year amounted to about EGP 335 billion in order to fund the wages, bonuses and incentives for staffers at State ....
