Economy

  • Service : English General
  • Category : Economy
  • Net profit of Holding Company For Food Industries drops to EGP 800 mln in 2018-2019

    Date: 2020-04-09 11:35:37 GMT - Egypt - Economy - SN:21 - ID:8388584

    CAIRO, April 9 (MENA) - The Holding Company For Food Industries said that the net profit of its affiliates dropped to EGP 800 million in 2018-2019 from EGP 1.2 billion in 2017-2018. This was announced during a meeting of the general assembly of ....

  • Egypt bourse gains 6 billion pounds at mid-day trading with indexes showing mixed performance

    Date: 2020-04-09 10:38:41 GMT - Egypt - Economy - SN:17 - ID:8388685

    CAIRO, April 9 (MENA) - The Egyptian Exchange indexes showed mixed performance at mid-day trading on Thursday prompted by purchases by local investment funds and institutions and selling operations by Arab and foreign investors. The market ....

  • CAPMAS: Annual inflation rate down 4.6% in March

    Date: 2020-04-09 08:02:47 GMT - Egypt - Economy - SN:10 - ID:8388418

    CAIRO, March 9 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the annual inflation rate went down to 4.6 percent in March, 2020, against 13.8 percent in the corresponding month last year. The CAPMAS monthly ....

  • AIO inks deal with German company to provide vehicles’ plates

    Date: 2020-04-08 13:22:14 GMT - Egypt - Economy - SN:34 - ID:8387443

    CAIRO, April 8 (MENA) – The Arab Industrialization Organization (AIO) has signed an agreement with a German company to meet the needs of the Interior Ministry and ensure the provision of vehicles’ licence plates. The deal was signed on Wednesday ....

  • Cabinet approves setting up company for running, operating Tunnel

    Date: 2020-04-08 12:34:54 GMT - Egypt - Economy - SN:29 - ID:8387438

    CAIRO, April 8 (MENA) - The Cabinet approved at a meeting on Wednesday under the chairmanship of Prime Minister Moustafa Madbouli allowing the Ministry of Transport's National Authority for Tunnels to set up a new company for running, operating and ....

  • Cabinet approves unifying wording of investment contracts

    Date: 2020-04-08 11:34:14 GMT - Egypt - Economy - SN:26 - ID:8387397

    CAIRO, April 8 (MENA) - The Cabinet approved at a meeting on Wednesday under the chairmanship of Prime Minister Moustafa Madbouli unifying the wording of investment contracts signed by the government at the local and foreign levels. According to ....

  • Global (2): Mindray Chairman's Statement on Efforts to Combat COVID-19

    Date: 2020-04-08 08:21:54 GMT - China - Economy - SN:16 - ID:8387075

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ =============================================================== SHENZHEN, China, April 8, 2020 /PRNewswire/ -- Mindray (SZSE: 300760) -- As COVID-19 is casting a dark ....

  • Global (1): Xinhua Silk Road: Central China city launches online live streaming of peony cultural festival

    Date: 2020-04-08 06:10:38 GMT - China - Economy - SN:5 - ID:8386951

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ =============================================================== BEIJING, April 8, 2020 /PRNewswire/ -- The 38th Luoyang Peony Cultural Festival opened on Monday in ....

  • CBE: Egypt's foreign reserves drop to dlrs 40 bn by end of March

    Date: 2020-04-07 22:23:01 GMT - Egypt - Economy - SN:99 - ID:8386872

    CAIRO, April 7 (MENA) - Egypt's Foreign currency reserves decreased by about dlrs 5.4 billion by the end of March to reach dlrs 40 billion, the Central Bank of Egypt (CBE) said in a statement on Tuesday. According to the statement, this sum of ....

  • Directives of president to support sectors harmed by coronaviurs in force: Finance min.

    Date: 2020-04-07 14:18:18 GMT - Egypt - Economy - SN:59 - ID:8386320

    CAIRO, April 7 (MENA) - Minister of Finance Mohamed Maait asserted that the directives of President Abdel Fattah El Sisi to support the economic, productive and service sectors harmed by coronavirus have become in force. The directives aim at ....

Middle East News Agency © - designed and developed : GCSSD