Economy

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  • Category : Economy
  • Govt allows natural gas-based industry projects to work under free zone system

    Date: 2020-05-13 12:44:16 GMT - Egypt - Economy - SN:30 - ID:8431055

    CAIRO, May 13 (MENA) – The cabinet approved during its meeting Wednesday a proposal submitted by the General Authority for Investment and Free Zones (GAFI) on amending article 34 of investment law no. 72/2017. The new amendment allows granting a ....

  • Global(2):MIAX PEARL Equities Announces Upcoming Testing Dates Exchange Reaffirms September 2020 Launch Date

    Date: 2020-05-13 12:43:54 GMT - USA - Economy - SN:29 - ID:8431130

    PRINCETON, New Jersey, May 13, 2020 /PRNewswire/ -- Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX®, MIAX PEARL™ and MIAX Emerald™ options exchanges, today announced that the launch of MIAX PEARL Equities, MIH's ....

  • MSMEDA funds micro enterprises with EGP 620 million via Banque Du Caire

    Date: 2020-05-13 09:35:09 GMT - Egypt - Economy - SN:22 - ID:8430661

    CAIRO, May 13 (MENA) - Minister of Trade and Industry and CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA) Niven Gamea' and Board Chairman of Banque Due Caire Tarek Fayed witnessed the inking of two contracts to support and ....

  • European shares slide as virus fears persist, banks drop

    Date: 2020-05-13 08:59:42 GMT - Belgium - Economy - SN:20 - ID:8430698

    BRUSSELS, May 13 (MENA) - European shares fell on Wednesday, as investors feared a surge in COVID-19 cases after several hard-hit countries started to ease lockdowns, while rising U.S.-China tensions also dented sentiment. The pan-European STOXX ....

  • Global (1): TECNO Mobile launches the groundbreaking five camera-equipped Spark 5

    Date: 2020-05-13 05:55:13 GMT - Hong Kong - Economy - SN:3 - ID:8430511

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- - Packed with powerful AI technology, a powerful 5,000 mAh ....

  • Egypt receives 2.7 billion dollars from IMF

    Date: 2020-05-12 17:58:16 GMT - Egypt - Economy - SN:54 - ID:8430093

    CAIRO, May 12 (MENA) - Egypt received on Tuesday a sum of 2.77 billion dollars from the International Monetary Fund (IMF), which will be channeled into facing the coronavirus pandemic, a Central Bank of Egypt (CBE) official said. Speaking to ....

  • Public business sector ministry, Cairo commerce chamber sign agreement on digitization

    Date: 2020-05-12 13:34:14 GMT - Egypt - Economy - SN:38 - ID:8429679

    CAIRO, May 12 (MENA) - Public Business Sector Minister Hesham Tawfiq attended Tuesday the signing ceremony of a protocol of cooperation between his ministry and the Cairo Chamber Of Commerce to transfer the ministry’s expertise in digitization and ....

  • Coronavirus directly, indirectly affects 200 million jobs worldwide- EJB

    Date: 2020-05-12 13:06:11 GMT - Egypt - Economy - SN:33 - ID:8429632

    ALEXANDRIA, Egypt, May 12 (MENA) – The coronavirus crisis directly and indirectly affects 200 million jobs worldwide according to international reports published in late April, said the head of information technology and communications committee at ....

  • All EGX indexes up, benchmark climbs 2.84 pct

    Date: 2020-05-12 12:54:43 GMT - Egypt - Economy - SN:31 - ID:8429767

    CAIRO, May 12 (MENA) - The Egyptian Exchange (EGX) indexes went up collectively at the close of Tuesday's trading, amid purchases from local institutions and investment funds. The purchases were pushed by optimism after the International Monetary ....

  • Public Business Sector Ministry, FECC, FEI ink protocol on developing 1st e catalog for Egyptian products

    Date: 2020-05-12 11:25:19 GMT - Egypt - Economy - SN:21 - ID:8429381

    CAIRO, May 11 (MENA) - The Public Business Sector Ministry signed on Tuesday with the Federation of Egyptian Chambers of Commerce (FECC) and Federation of Egyptian Industries (FEI) a protocol on developing the first electronic catalog for Egyptian ....

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