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Economy
- Service : English General
- Category : Economy
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Finance Ministry: Tax revenues hit EGP 366.8 bn in 7 months
Date: 2020-04-16 16:36:27 GMT - Egypt - Economy - SN:61 - ID:8398187
CAIRO, April 16 (MENA) - Tax revenues from July to January of the fiscal year 2019/20 rose by 2.6 percent to hit EGP 366.8 billion against EGP 357.6 billion during the same period of the previous fiscal year, the Finance Ministry announced. In a ....
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ECA warns traders against exploitation of citizens
Date: 2020-04-16 16:15:27 GMT - Egypt - Economy - SN:59 - ID:8398192
CAIRO, April 16 (MENA) - The Egyptian Competition Authority (ECA) urged on Thursday all parties concerned to set the prices of some products necessary to counter coronavirus and to abide by specified prices to avoid criminal accountability and the ....
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Global-PRNewswire(2):Kaneka Agrees to Supply Active Pharmaceutical Ingredients for Avigan® Tablet
Date: 2020-04-16 15:42:49 GMT - Japan - Economy - SN:56 - ID:8398230
Dear subscribers, following is a global bulletin published for PR Newswire: ============================================================= TOKYO, April 16, 2020 /PRNewswire/ -- Kaneka Corporation (President: Minoru Tanaka) has reached an ....
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Finance Ministry auctions EGP 22 bln T-bills, bonds
Date: 2020-04-16 14:52:17 GMT - Egypt - Economy - SN:49 - ID:8398050
CAIRO, April 16 (MENA) - The Ministry of Finance auctioned treasury bills and bonds at a total value of EGP 22 billion. In a statement released Thursday, the ministry said it sold 91-day T-bills worth EGP 8.5 billion with average yield of ....
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1,177 exporting companies get their delayed dues - ministry
Date: 2020-04-16 14:44:43 GMT - Egypt - Economy - SN:48 - ID:8397972
CAIRO, April 16 (MENA) - Trade and Industry Minister Nevin Gamea said on Thursday the ministry paid 1,177 exporting companies 1.5 billion pounds in delayed dues owed by the Export Development Fund. The step comes as part of the initiatives ....
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Egypt's budget deficit hits EGP 267.99 bln in 7 months - ministry
Date: 2020-04-16 14:25:36 GMT - Egypt - Economy - SN:45 - ID:8397993
CAIRO, April 16 (MENA) - Egypt's budget deficit hit EGP 267.99 billion from July 2019 to January 2020, compared to EGP 214.2 billion during the same period a year earlier, the Ministry of Finance said in a report Thursday. The budget’s current ....
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CBE makes some clarifications on loan installment postponement
Date: 2020-04-16 13:36:43 GMT - Egypt - Economy - SN:42 - ID:8397973
CAIRO, April 16 (MENA) - Under the loan installment postponement initiative, the Central Bank of Egypt made clear on Thursday that accrued interest rate will be applied on the remaining amounts of loan and not on the total loan value. The CBE has ....
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Planning min.: We work on updating economic dimension of Egypt's Vision 2030
Date: 2020-04-16 13:25:12 GMT - Egypt - Economy - SN:40 - ID:8397895
CAIRO, April 16 (MENA) - Minister of Planning and Economic Development Hala el Saeed has said that her ministry is working on updating the economic dimension of the National Sustainable Development Strategy (Egypt's Vision 2030), amid the current ....
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Free Zones companies can now manufacture respirator masks, protective gear
Date: 2020-04-16 11:51:34 GMT - Egypt - Economy - SN:30 - ID:8397745
CAIRO, April 16 (MENA) - The industrial companies operating under the free zones system are now authorized to manufacture respirator masks and protective gear just by notice. The decision was taken by Executive President of the General Authority ....
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IMF official says Egypt's anti-COVID-19 measures decisive
Date: 2020-04-16 11:31:01 GMT - USA - Economy - SN:27 - ID:8397726
WASHINGTON, April 16 (MENA) - An International Monetary Fund (IMF) official said on Thursday the measures taken by Egypt to curb the outbreak of novel coronavirus are decisive and have been backed by a comprehensive stimulus package to ease the ....
