Economy

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  • Category : Economy
  • Bourse gains EGP 15.4 billion

    Date: 2020-04-07 13:19:02 GMT - Egypt - Economy - SN:56 - ID:8386159

    CAIRO, April 7 (MENA) - The Egyptian Exchange (EGX) indexes achieved collective gains on Tuesday prompted by purchases by institutions and investment funds. The market capital gained EGP 15.4 billion pounds to hit EGP 543.3 billion at closing, ....

  • CBE cancels blacklists of irregular companies, individuals

    Date: 2020-04-07 10:33:11 GMT - Egypt - Economy - SN:35 - ID:8385814

    CAIRO, April 7 (MENA) - The Central Bank of Egypt (CBE) has decided to cancel the blacklist of companies and individuals and lift the ban on irregular clients, a move that would be beneficial to more than 8,000 companies and over 100,000 ....

  • Minister: Gov't launches initiative supporting small projects harmed by corona

    Date: 2020-04-07 09:18:38 GMT - Egypt - Economy - SN:29 - ID:8385699

    CAIRO, April 7 (MENA) - Minister of Trade and Industry Neveen Gamea on Tuesday announced a new initiative for supporting small projects that are affected by coronavirus. In a press statement, she added that the Projects Development Executive ....

  • global 2:ZTE wins the world's largest commercial OTN in China Mobile's phase-13 centralized procurement

    Date: 2020-04-07 09:16:33 GMT - China - Economy - SN:28 - ID:8385769

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ =============================================================== SHENZHEN, China, April 7, 2020 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a major ....

  • Planning min.: EGP 3.8 bn in additional investments for health sector in March to face coronavirus crisis

    Date: 2020-04-07 06:54:27 GMT - Egypt - Economy - SN:11 - ID:8385523

    CAIRO, April 7 (MENA) - Planning and Economic Development Minister Hala el Saaed said nearly 3.8 billion pounds in additional investments were earmarked for the health sector in March to face the coronavirus crisis. In statements on Tuesday, the ....

  • global 1:Trina Solar Vertex modules take Middle East solar market into the era of 500W+ output

    Date: 2020-04-07 06:23:31 GMT - China - Economy - SN:9 - ID:8385510

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ =============================================================== CHANGZHOU, China, April 7, 2020 /PRNewswire/ -- Trina Solar Co., Ltd ("Trina Solar" or the ....

  • Interior Ministry continues implementing “We Are One” initiative

    Date: 2020-04-06 18:27:40 GMT - Egypt - Economy - SN:67 - ID:8385189

    CAIRO, April 6 (MENA) - The Interior Ministry on Monday continued its efforts to implement the 12th phase of an initiative to offer commodities at affordable prices in hypermarkets. The initiative has been launched in pursuance of President Abdel ....

  • Brent crude could plunge to ‘single-digit lows’: Fitch warns

    Date: 2020-04-06 10:53:20 GMT - USA - Economy - SN:26 - ID:8384503

    WASHINGTON, April 6 (MENA) - Brent crude futures could plunge to “single-digit lows” if major oil producers fail to reach a deal to cut output at a time when demand has collapsed due to the coronavirus pandemic, Fitch Solutions said in Friday report ....

  • Oil pares losses as investors weigh chance of price-war truce

    Date: 2020-04-06 08:16:17 GMT - USA - Economy - SN:14 - ID:8384281

    WASHINGTON, April 6 (MENA) - Oil pared earlier losses amid signs Saudi Arabia and Russia are making progress on an agreement to curb crude output as the coronavirus wreaks havoc on the global economy, Bloomberg reported Monday. Futures erased ....

  • global 1:TUV Rheinland Offers Tests on Ventilators at No Cost

    Date: 2020-04-06 06:04:23 GMT - India - Economy - SN:4 - ID:8384164

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ =============================================================== BANGALORE, India, April 6, 2020 /PRNewswire/ -- The dramatic spread of COVID-19 has disrupted ....

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