Economy

  • Service : English General
  • Category : Economy
  • QNB receives $200 m solidarity package from EBRD

    Date: 2020-05-11 16:44:48 GMT - Egypt - Economy - SN:41 - ID:8428678

    CAIRO, May 11 (MENA) – The European Bank for Reconstruction and Development (EBRD) is rolling out a program in response to the economic impact of the coronavirus pandemic in Egypt, with a financial package for QNB ALAHLI, one of the country’s ....

  • Finance ministry auctions T-bills worth EGP 7 bln

    Date: 2020-05-11 14:17:10 GMT - Egypt - Economy - SN:27 - ID:8428575

    CAIRO, May 11 (MENA) - The Ministry of Finance auctioned on Monday treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold three-year T-bills worth EGP 3.75 billion, with an average yield of 13.37 ....

  • Minister: Enterprise law amendments to stop public sector losses

    Date: 2020-05-11 13:54:11 GMT - Egypt - Economy - SN:24 - ID:8428363

    CAIRO May 11 (MENA) - Minister of Public Enterprise Sector Hisham Tawfiq said a government draft law to amend articles of Public Enterprise Law no 203 for the year 1991 aims at bringing economic loses in the sector to a halt. During a meeting of ....

  • Global (4): Mother's Day: Memories of Xi Jinping growing up with his mother

    Date: 2020-05-11 13:20:09 GMT - China - Economy - SN:22 - ID:8428446

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- BEIJING, May 11, 2020 /PRNewswire/ -- For Chinese ....

  • Egyptian banks federation obliges clients to wear face shields or masks amid coronavirus crisis

    Date: 2020-05-11 12:35:58 GMT - Egypt - Economy - SN:20 - ID:8428319

    CAIRO, May 11 (MENA) – The Federation of Egyptian Banks has issued directives to all Egypt-based banks to oblige all their clients and visitors to put on protective face shields or face masks prior to entering the banks’ branches nationwide. The ....

  • Planning minister: EGP 4 trillion to carry out developmental projects

    Date: 2020-05-11 09:54:05 GMT - Egypt - Economy - SN:10 - ID:8427998

    CAIRO, May 11 (MENA) - Minister of Planning and Economic Development Hala El-Said the government allocated EGP 4 trillion to implement 25,000 developmental projects nationwide over seven years. In a report issued by the ministry Monday, the ....

  • Global (3): Hangzhou Realy IgG/IgM Rapid Test Device Deployed to Global Market

    Date: 2020-05-11 06:55:43 GMT - China - Economy - SN:6 - ID:8427826

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- HANGZHOU, China, May 11, 2020 /PRNewswire/ -- On April ....

  • global 2:JA Solar Achieves New Breakthrough in Module Power Output with its New Generation High-efficiency Solar Module Reaching a Record 525W+

    Date: 2020-05-11 06:18:39 GMT - China - Economy - SN:4 - ID:8427819

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- BEIJING, May 11, 2020 /PRNewswire/ -- JA Solar, a ....

  • global 1:Nokia fails to secure 5G contracts in China due to technical issues

    Date: 2020-05-11 06:18:18 GMT - China - Economy - SN:3 - ID:8427816

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- BEIJING, May 10, 2020 /PRNewswire/ -- A news report by ....

  • Annual inflation rate jumps to 2.5% in April - CBE

    Date: 2020-05-10 21:40:58 GMT - Egypt - Economy - SN:56 - ID:8427715

    CAIRO, May 10 (MENA) - The Central Bank of Egypt (CBE) announced Sunday that Egypt's annual inflation rate jumped to 2.5 percent in April 2020, compared to 1.9 percent in March. In a statement, the CBE said Egypt's monthly consumer price ....

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