Economy

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  • Category : Economy
  • Cabinet denies drop in Egypt's agricultural exports

    Date: 2020-05-15 09:50:07 GMT - Egypt - Economy - SN:13 - ID:8433452

    CAIRO, May 15 (MENA) - The cabinet media center denied news circulated recently that the Egyptian agricultural exports have dropped by 25 percent due to the coronavirus crisis. In a statement on Friday, the center said it contacted the Trade and ....

  • Cabinet denies increasing value-added tax in new general budget

    Date: 2020-05-15 09:21:12 GMT - Egypt - Economy - SN:12 - ID:8433410

    CAIRO, May 15 (MENA) - The cabinet media center denied reports circulated recently that the government plans to increase value-added tax in the 2020/2021 general budget. In a statement on Friday, the center said in contacted the Finance Ministry ....

  • Oil minister probes with major oil companies plans to deal oil price plunge

    Date: 2020-05-15 09:00:44 GMT - Egypt - Economy - SN:11 - ID:8433381

    CAIRO, May 15 (MENA) - Minister of Petroleum Tareq Al Molla has discussed with heads of major oil companies measures to rationalize spending in a way that meets the targeted plans for carrying out oil projects, exploration and production, in ....

  • Global(5):In a Recent Inter-Continental Video Conference, Ghanaian and U.S. Leaders Are Named to the Board of The Collaboration for IT and Communications Excellence

    Date: 2020-05-14 17:08:20 GMT - USA - Economy - SN:67 - ID:8432859

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ================================================= In a Recent Inter-Continental Video Conference, Ghanaian and U.S. Leaders Are Named to the Board of The Collaboration ....

  • CAPMAS: Unemployment falls to 7.7% in 1Q20

    Date: 2020-05-14 16:31:18 GMT - Egypt - Economy - SN:63 - ID:8432778

    CAIRO, May 14 (MENA) - Egypt's unemployment rate declined by 0.3 percent to 7.7 percent in the first quarter of 2020, down from 8 percent in the previous quarter, the Central Agency for Public Mobilization and Statistics (CAPMAS) said Thursday. ....

  • Finance Ministry auctions EGP 21 bln T-bills, bonds

    Date: 2020-05-14 13:55:37 GMT - Egypt - Economy - SN:41 - ID:8432544

    CAIRO, May 14 (MENA) – The Ministry of Finance auctioned treasury bills and bonds at a total value of EGP 21 billion. In a statement released Thursday, the ministry said it sold 182-day T-bills worth EGP 10 billion with average yield of 12.547%, ....

  • Food Export Council: Egypt comes in 1st rank in exporting frozen strawberries

    Date: 2020-05-14 13:54:55 GMT - Egypt - Economy - SN:40 - ID:8432405

    CAIRO, May 14 (MENA) – The Food Export Council said that Egypt came in the first rank in exporting frozen strawberries at the global level as 140,000 tons of frozen strawberries at a cost of 165 million dollars were exported in 2019. In a press ....

  • Planning min. hails Moody’s decision to keep Egypt's rating at B2

    Date: 2020-05-14 13:33:57 GMT - Egypt - Economy - SN:37 - ID:8432331

    CAIRO, May 14 (MENA) - Planning Minister Hala el Saeed hailed Moody’s decision to keep the long-term foreign and local currency issuer default ratings of the Government of Egypt at B2, with a stable outlook, saying it reflects confidence in the ....

  • Global (4): JA Solar to Host Webinar on May 18 with Top Photovoltaic Experts

    Date: 2020-05-14 13:13:53 GMT - China - Economy - SN:35 - ID:8432497

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ================================================= JA Solar to Host Webinar on May 18 with Top Photovoltaic Experts BEIJING, May 14, 2020 /PRNewswire/ -- JA Solar ....

  • CBE deputy governor: New IMF loan not to add burdens to people

    Date: 2020-05-14 11:27:56 GMT - Egypt - Economy - SN:23 - ID:8432226

    CAIRO, May 14 (MENA) - Deputy Governor of the Central Bank of Egypt (CBE) Rami Abul Naga said on Thursday that the new loan which Egypt will obtain from the International Monetary Fund (IMF) will not require additional economic reforms or add more ....

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