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Economy
- Service : English General
- Category : Economy
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EGP 56 bln worth of tax liens to be removed as part if new initiative - CBE official
Date: 2020-05-09 15:54:52 GMT - Egypt - Economy - SN:30 - ID:8426252
CAIRO, May 9 (MENA) - EGP 65 billion worth of tax liens are expected to be removed, if defaulting taxpayers pay one percent of their dues to the tax authority, an official at the Central Bank of Egypt (CBE) said citing a recent initiative launched ....
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Global (1): One World, One Fight: Peking University Strengthens Global Cooperation amid COVID-19
Date: 2020-05-09 14:13:10 GMT - China - Economy - SN:24 - ID:8426206
Dear subscribers, following is a global bulletin published for PR Newswire: ----------------------------------------------------------------------------------------------------------- BEIJING, May 9, 2020 /PRNewswire/ -- Since the COVID-19 ....
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Economic ministerial committee reviews experts recommendations after COVID-19
Date: 2020-05-08 14:09:22 GMT - Egypt - Economy - SN:34 - ID:8425015
CAIRO, May 8 (MENA) - The economic ministerial committee reviewed Friday recommendations of an economic forum, held by Prime Minister Mostafa Madbouli with political and economic experts last week on the future of Egypt's economy, its challenges and ....
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IMF says economic outlook worsened since forecast in April
Date: 2020-05-08 12:42:56 GMT - USA - Economy - SN:22 - ID:8425014
NEW YORK, May 8 (MENA) - The International Monetary Fund said that the global economic outlook has worsened since its latest forecast three weeks ago and the world can expect more waves of financial market turbulence, Bloomberg reported. ....
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Government denies losses to Suez Canal because of COVID-19
Date: 2020-05-08 09:45:51 GMT - Egypt - Economy - SN:13 - ID:8424896
CAIRO, May 8 (MENA) - The Cabinet media center has dismissed as groundless reports that the Suez Canal suffered heavy losses as a result of Coronavirus. In a statement Friday, the center said it contacted the Suez Canal authority which rejected ....
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Trade exchange between Egypt, China hits $13.2bn in 2019
Date: 2020-05-08 08:08:34 GMT - China - Economy - SN:10 - ID:8424678
BEIJING, May 8 (MENA) - The volume of trade exchange between China and Egypt has hit 13.2 billion dollars in 2019, seeing a 4.5 percent decrease on annual basis. In its recent data released on Friday, the Chinese Ministry of Commerce said that ....
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CBE: Credit facilities balances rise to EGP 1.91 trillion by end of February
Date: 2020-05-07 20:05:22 GMT - Egypt - Economy - SN:76 - ID:8424509
CAIRO, May 7 (MENA) - The Central Bank of Egypt (CBE) said Thursday that the credit facility balances for clients in banks, excluding CBE, have risen by around EGP 27 billion to hit EGP 1.91 trillion by the end of February, up from 1.883 trillion in ....
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CBE: Egypt's imports of wheat, corn, medicine down in three months
Date: 2020-05-07 19:53:35 GMT - Egypt - Economy - SN:75 - ID:8424491
CAIRO, May 7 (MENA) – The Central Bank of Egypt (CBE) said Egypt's imports of wheat in the second quarter of FY 2019-2020 receded by some 4 percent to stand at $669.2 million against $696.7 million in the corresponding period in the previous fiscal ....
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CBE: Egypt's exports hit $7.13 bln in 2019/2020 Q2
Date: 2020-05-07 18:50:19 GMT - Egypt - Economy - SN:70 - ID:8424425
CAIRO, May 7 (MENA) – Egypt's exports hit 7.13 billion dollars in the second quarter of 2019/2020 fiscal year, the Central Bank of Egypt (CBE) said on Thursday. The monthly report issued by the bank detailed that the exports went down from 7.48 ....
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Maait: Govt took prudent approach amid coronavirus crisis
Date: 2020-05-07 17:24:05 GMT - Egypt - Economy - SN:60 - ID:8424253
CAIRO, May 7 (MENA) - Minister of Finance Mohamed Maait said Thursday that the government took a prudent approach in dealing with the ramifications of coronavirus outbreak. Maait's remarks came in a press conference along with Prime Minister ....
