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Economy
- Service : English General
- Category : Economy
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IMF board to receive Egypt's request for coronavirus financing in weeks
Date: 2020-04-26 19:44:41 GMT - Egypt - Economy - SN:54 - ID:8410775
WASHINGTON, April 26 (MENA) - Managing Director of the IMF Kristalina Georgieva has expected the Egyptian government's request to get rapid financial assistance to tackle the ramifications of the outbreak of coronavirus pandemic to be presented to ....
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Int'l cooperation inevitable amid current coronavirus crisis, says minister
Date: 2020-04-26 17:14:14 GMT - Egypt - Economy - SN:49 - ID:8410624
CAIRO, April 26 (MENA) - Minister of International Cooperation Rania el Mashat said Saturday that the running global coronavirus crisis proved that cooperation among the world countries became inevitable, adding that Egypt is cooperating with ....
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Banking sector holds over EGP 1 trillion of cash liquidity: CBE
Date: 2020-04-26 16:26:50 GMT - Egypt - Economy - SN:48 - ID:8410581
CAIRO, April 26 (MENA) - Egypt's cash reserves could help absorb the economic shocks caused by the coronavirus pandemic for one or a couple of years, Governor of the Central Bank of Egypt (CBE) Tarek Amer said on Sunday. Addressing a press ....
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Economic reforms helped Egypt absorb coronavirus repercussions, says minister
Date: 2020-04-26 16:19:11 GMT - Egypt - Economy - SN:47 - ID:8410608
CAIRO, April 26 (MENA) - Finance Minister Mohamed Maait said Sunday that the economic reforms, implemented by the government and hailed by international agencies, have helped Egypt absorb the coronavirus headwinds. These reforms gave the ....
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Planning min.: Govt developed scenarios to deal with COVID-19 economic fallout
Date: 2020-04-26 16:05:09 GMT - Egypt - Economy - SN:46 - ID:8410607
CAIRO, April 26 (MENA) - Minister of Planning and Economic Development Hala el Saeed on Sunday said that the government developed a group of scenarios to deal with the economic fallout of the novel coronavirus (COVID-19). These scenarios will ....
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PM: Egypt seeks IMF financial package to counter coronavirus
Date: 2020-04-26 15:11:59 GMT - Egypt - Economy - SN:42 - ID:8410515
CAIRO, April 26 (MENA) – Prime Minister Mostafa Madbouli on Sunday said that the government and the Central Bank of Egypt (CBE) are in talks with the IMF to get a financial package to strengthen the country's ability to counter the novel coronavirus ....
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Petroleum, tourism ministries agree on further jet fuel price cuts
Date: 2020-04-26 14:45:01 GMT - Egypt - Economy - SN:41 - ID:8410471
CAIRO, April 26 (MENA) - The minister of petroleum and mineral resources and the minister tourism and antiquities have agreed to cut jet fuel price even further at a total value of 10 cents per gallon. The decision was made with a view to ....
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Egypt's exports of aluminum, copper hit $171 mln in 1st QR of 2020
Date: 2020-04-26 11:57:53 GMT - Egypt - Economy - SN:28 - ID:8410159
CAIRO, April 26 (MENA) - The Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) has said that Egypt's exports of aluminum and copper decreased to USD 170 million in the first quarter of 2020, against USD 190 million in ....
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Egypt keeps superiority in MENA startup deals: ITIDA
Date: 2020-04-26 11:15:26 GMT - Egypt - Economy - SN:27 - ID:8410096
CAIRO, April 26 (MENA) - Egypt has maintained its first place rank in the Middle East and North Africa in terms of the number of financing and investment deals directed to startups in the region during the first quarter of 2020, according to a ....
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CAPMAS reports 8.7% increase in patent number in 2019
Date: 2020-04-26 10:10:50 GMT - Egypt - Economy - SN:24 - ID:8410081
CAIRO, April 26 (MENA) - With 175 patents granted to Egyptian authors in 2019, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported an 8.7 percent increase in the number of patents granted by the Egyptian Patent Office to both ....
