Economy
- Service : English General
- Category : Economy
-
Algeria urges massive, immediate output cut from all oil producers
Date: 2020-04-05 19:27:03 GMT - Algeria - Economy - SN:77 - ID:8384007
ALGIERS, April 5 (MENA) - Algerian Energy Minister Mohamed Arkab on Sunday urged oil producers to approve a massive and immediate oil production reduction at a meeting scheduled for Thursday, Financial Post reported. “Algeria calls on all ....
-
Egypt to export citruses to Brazil for 1st time, says min.
Date: 2020-04-05 13:56:48 GMT - Egypt - Economy - SN:54 - ID:8383626
CAIRO, April 5 (MENA) - Egypt will be able to export citruses to Brazil for the first time ever after prolonged talks with Brazilian officials, Agriculture Minister el Sayyed el Qusier said. The minister received a report Sunday from Head of the ....
-
Banque Misr: E-form prepared for those unwilling to engage in CBE loan initiative
Date: 2020-04-05 13:36:07 GMT - Egypt - Economy - SN:50 - ID:8383493
CAIRO, April 5 (MENA) - Chairman of Banque Misr Mohamed el Etreby said on Sunday that customers willing not to engage in the Central Bank of Egypt's (CBE) initiative to postpone loan payments for six months are not required to visit the bank to ....
-
NBE calls on clients to respond to SMSs on postponement of loan installments
Date: 2020-04-05 13:25:59 GMT - Egypt - Economy - SN:48 - ID:8383393
CAIRO, April 5 (MENA) - Vice President of the National Bank of Egypt (NBE) Yehya Abul Fotouh has said NBE clients who do not want the postponement of payment of loan installments, as part of the Central Bank of Egypt's initiative to delay the ....
-
Egypt's Ethylene exports rise to 929 million dollars in 3 years
Date: 2020-04-05 11:38:30 GMT - Egypt - Economy - SN:35 - ID:8383360
CAIRO, April 5 (MENA) - The Egyptian Ethylene and Derivatives Company achieved exports worth 929 million dollars in three years starting from 2017 to 2019. The Ethylene exports represented 9.6 percent of Egypt's total exports, Petroleum Minister ....
-
Anti-coronavirus efforts should not come at expense of sustainable development - min.
Date: 2020-04-05 10:50:18 GMT - Egypt - Economy - SN:32 - ID:8383223
CAIRO, April 5 (MENA) - International Cooperation Minister Rania el Mashat said on Sunday efforts exerted to curb the outbreak of coronavirus should not come at the expense of achieving sustainable development in light of UN fears after the end of ....
-
NBE opens donation account to back medical staff in face of coronavirus
Date: 2020-04-05 10:15:54 GMT - Egypt - Economy - SN:30 - ID:8383173
CAIRO, April 5 (MENA) - The National Bank of Egypt (NBE) opened on Sunday a donation account to support Egypt's doctors and nurses who are fighting coronavirus pandemic. The account, opened in coordination with the Higher Education Ministry, is ....
-
Banque Misr: 15% -yield saving certificates posted gains of EGP 17.2 bn in two weeks
Date: 2020-04-05 09:22:09 GMT - Egypt - Economy - SN:25 - ID:8383119
CAIRO, April 5 (MENA) - Chairman of Banque Misr Mohamed el Etrebi said on Sunday the new saving certificates issued by the bank of 15-percent monthly return garnered LE 17.2 billion in two weeks. Speaking to MENA, he said the bank continues to ....
-
High-yield savings certificates of NBE garner 36 billion pounds in two weeks - official
Date: 2020-04-05 09:13:33 GMT - Egypt - Economy - SN:24 - ID:8383087
CAIRO, April 5 (MENA) - The new saving certificates issued by the National Bank of Egypt (NBE) of 15-percent monthly return garnered 36 billion pounds in two weeks, the bank vice president Yehia Abul Fotouh said. The certificates were sold ....
-
International Cooperation minister lauds Egypt's anti-coronavirus financing policy
Date: 2020-04-05 09:01:57 GMT - Egypt - Economy - SN:22 - ID:8383056
CAIRO, April 5 (MENA) - International Cooperation Minister Rania el Mashaat lauded on Sunday the way the Egyptian government handled the anti-coronavirus financing. This came in a video-conferencing meeting with more than 100 representatives of ....