ar
en
fr
Economy
- Service : English General
- Category : Economy
-
Bourse gains EGP 7.3 bln this week, all indexes up
Date: 2020-06-25 19:39:19 GMT - Egypt - Economy - SN:63 - ID:8483893
CAIRO, June 25 (MENA) – The Egyptian Exchange (EGX) indexes posted collective gains during this week’s trading, according to the bourse’s weekly report. The market capital gained EGP 7.3 billion to reach EGP 586.9 billion compared with EGP 579.6 ....
-
Global(4): Medicom Announces UK Mask Manufacturing Facility in Alliance with British Government
Date: 2020-06-25 19:37:37 GMT - Canada - Economy - SN:62 - ID:8483953
MONTREAL, June 25, 2020 /PRNewswire/ -- The Medicom Group, ("Medicom"), one of the world's leading manufacturers of medical and respiratory masks, has announced the further expansion of its global footprint with the plan to open a new mask ....
-
Egypt textile exports down by 21.3 % in 5 months
Date: 2020-06-25 17:56:05 GMT - Egypt - Economy - SN:52 - ID:8483437
CAIRO, June 25 (MENA) - Egypt's textile exports declined by 21.3%, to reach USD 293.1 million during the period from January to May 2020, against USD 372.9 million in the same period last year. The country's exports of fabrics and textiles ....
-
Finance Ministry auctions EGP 15 bln T-bills
Date: 2020-06-25 17:30:17 GMT - Egypt - Economy - SN:45 - ID:8483786
CAIRO, June 25 (MENA) – The Ministry of Finance auctioned treasury bills at a total value of EGP 15 billion. In a statement released Thursday, the ministry said it sold 182-day T-bills worth EGP 7.5 billion with average yield of 13.185%, adding ....
-
CBE keeps interest rates unchanged
Date: 2020-06-25 17:28:41 GMT - Egypt - Economy - SN:44 - ID:8483768
CAIRO, June 25 (MENA) - The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided to keep the overnight deposit rate and overnight lending rate unchanged at 9.25 percent and 10.25 percent, respectively. The decision was made by the ....
-
Armed Forces sign contract to establish 2 plants to separate valuable minerals from black sand
Date: 2020-06-25 17:23:38 GMT - Egypt - Economy - SN:43 - ID:8483778
CAIRO, June 25 (MENA) - Egyptian Black Sands Company (EBSC), a subsidiary of the National Services Project Organization (NSPO) of the Armed Forces signed Thursday an agreement with Hassan Allam Construction on establishing two factories for minerals ....
-
Report: Cairo ranked among top 10 global environments for startups
Date: 2020-06-25 16:34:29 GMT - Egypt - Economy - SN:41 - ID:8483220
CAIRO, June 25 (MENA) - The 2020 Global Startup Ecosystem Report (GSER) ranked Cairo as one of the world’s top 10 environments that provide a perfect climate for start-ups. This report, prepared by Startup Genome and the Global Entrepreneurship ....
-
GAFI chief, Egypt & Sudan Baker Hughes director discuss future cooperation
Date: 2020-06-25 15:52:19 GMT - Egypt - Economy - SN:38 - ID:8483483
CAIRO, June 25 (MENA) - Executive Director of the General Authority for Investment and Free Zones (GAFI) Mohamed Abd el-Wahab discussed with Tameer Naser, the Director and General Manager of Egypt & Sudan Baker Hughes company ongoing cooperation as ....
-
Egypt’s bourse loses EGP 6 bln in Thursday transactions
Date: 2020-06-25 14:01:40 GMT - Egypt - Economy - SN:29 - ID:8483329
CAIRO, June 25 (MENA) - The Egyptian Exchange (EGX) indexes posted collective losses at the close of trading on Thursday, prompted by sales operations by Arab and foreign institutions and investment funds, against purchases by domestic ....
-
Petroleum min.: We place top priority on HRD, qualifying young cadres
Date: 2020-06-25 13:40:32 GMT - Egypt - Economy - SN:26 - ID:8483120
CAIRO, June 25 (MENA) – Minister of Petroleum and Mineral Resources Tareq el Molla said that his ministry gives top priority to human resources development (HRD) and most particularly qualifying young cadres, as part of an ongoing ambitious program ....
