Economy

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  • Category : Economy
  • Finance ministry: EGP 1.7 trillion expenditure of 2020-2021 budget

    Date: 2020-06-01 18:37:00 GMT - Egypt - Economy - SN:48 - ID:8452939

    CAIRO, June 1 (MENA) - The Finance Ministry announced that the total expenditure in the 2020-2021 budget is scheduled to hit about EGP 1.713 trillion against 1.574 trillion in the 2019-2020 budget. In a statement on Monday, the ministry ....

  • Bourse gains EGP 1 bn, all indexes up

    Date: 2020-06-01 13:47:24 GMT - Egypt - Economy - SN:32 - ID:8452513

    CAIRO, June1 (MENA) - The Egyptian Exchange (EGX) indexes achieved collective gains on Monday, buoyed by purchases by Arab investors amid optimism about returning to normal life in most world countries. The market capital gained EGP one billion ....

  • GAFI head hails role of junior entrepreneurs in backing local, global markets

    Date: 2020-06-01 13:43:34 GMT - Egypt - Economy - SN:30 - ID:8452400

    CAIRO, June 1 (MENA) - General Authority for Investment and Free Zones (GAFI) Executive Director Mohamed Abdel Wahab on Monday hailed the role of youth entrepreneurs and startups founders in offering innovative solutions for the local and global ....

  • ‘NilePreneurs’ launches initiative for digital transformation to help SMEs

    Date: 2020-06-01 10:42:25 GMT - Egypt - Economy - SN:19 - ID:8451931

    CAIRO, June 1 (MENA) - The “NilePreneurs” initiative, funded and sponsored by the Central Bank of Egypt (CBE) to support small enterprises and startups in targeted economic sectors, launched an initiative under the name of "Be Digital" to help small ....

  • global 1:GAC Motor Delivers 550,000 GAC-made masks to International Distribution Partners in 26 Countries

    Date: 2020-06-01 05:36:12 GMT - China - Economy - SN:3 - ID:8451791

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- Goodwill spreads as the partners donate GAC-made masks ....

  • Extending banks' working hours in line with cabinet's decision - CBE official

    Date: 2020-05-31 21:04:05 GMT - Egypt - Economy - SN:85 - ID:8451708

    CAIRO, May 31 (MENA) - A well-placed source at the Central Bank of Egypt (CBE) said Sunday that the CBE's decision to extend banks' working hours as of Tuesday was taken in response to the cabinet's decision to amend the curfew hours. The CBE ....

  • Global: Shanghai Electric Accelerates Industrial Digitalization with Upgrades to SEunicloud

    Date: 2020-05-31 21:01:24 GMT - China - Economy - SN:86 - ID:8451744

    Shanghai Electric Accelerates Industrial Digitalization with Upgrades to SEunicloud SHANGHAI, May 31, 2020 /PRNewswire/ -- Shanghai Electric, the world's leading manufacturer and supplier of power generation and industrial equipment, announced ....

  • ICT min. appoints new assistant for global information infrastructure

    Date: 2020-05-31 18:47:25 GMT - Egypt - Economy - SN:77 - ID:8451459

    CAIRO, May 31 (MENA) - Minister of Information and Communications Technology Amr Talaat on Sunday appointed Mohamed Nasr Eldin as his new assistant for the global information infrastructure sector for one year. Nasr Eldin will be tasked with ....

  • PM follows up executive situation of Upper Egypt Local Development Program

    Date: 2020-05-31 16:27:41 GMT - Egypt - Economy - SN:56 - ID:8451435

    CAIRO, May 31 (MENA) - Prime Minister Mostafa Madbouli said Sunday the government targets, through the Upper Egypt Local Development Program, to promote investment in the Upper Egypt governorates and enhance the competitive advantage of each ....

  • GAFI, Samsung probe investing $23 mln in Egypt

    Date: 2020-05-31 15:51:56 GMT - Egypt - Economy - SN:52 - ID:8451277

    CAIRO, May 31 (MENA) - Chief Executive Officer (CEO) of the General Authority for Free Zones and Investment (GAFI) Mohamed Abdel Wahab discussed on Sunday with Choonki Kwon, the chairman of Samsung Electronics Egypt, pumping more investments worth ....

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