Economy

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  • Category : Economy
  • CBE cancels EGP 1 bln sales ceiling for industry supportive initiative

    Date: 2020-04-04 16:11:16 GMT - Egypt - Economy - SN:48 - ID:8382514

    CAIRO, April 4 (MENA) – The Central Bank of Egypt (CBE) cancelled Saturday a previously set annual EGP one billion in sales ceiling to benefit from a launched initiative, aimed at shoring up the private industrial and agriculture sectors. The ....

  • Global (1)- CGTN: Remembering the medical professionals we've lost to coronavirus

    Date: 2020-04-04 15:04:55 GMT - China - Economy - SN:47 - ID:8382548

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ =============================================================== BEIJING, April 4, 2020 /PRNewswire/ -- The unknown, relentless novel coronavirus has so far deprived ....

  • PM approves amending Investor Protection Fund - FRA

    Date: 2020-04-04 13:39:37 GMT - Egypt - Economy - SN:37 - ID:8382306

    CAIRO, April 4 (MENA) – The Financial Regulatory Authority (FRA) said Saturday that Prime Minister Mustafa Madbouli had approved amending the Investor Protection Fund’s investment policy to allow it invest 10 percent of its funds in the Egyptian ....

  • Sudan announces operation of electricity linkage with Egypt

    Date: 2020-04-03 22:05:49 GMT - Sudan - Economy - SN:88 - ID:8381719

    KHARTOUM, April 3 (MENA) - The Sudanese Ministry of Energy and Mining has announced the operation of the 60-megawatt electricity connection with Egypt. In a statement released on Friday, the ministry said the national grid started feeding the ....

  • Demand increases for Egyptian food exports - Transport minister

    Date: 2020-04-03 18:08:44 GMT - Egypt - Economy - SN:77 - ID:8381542

    CAIRO, April 3 (MENA) – Minister of Transport Kamel el Wazir followed up Friday the workflow at the Egyptian ports, including the navigation, freighting and cargo movement. This comes as part of el Wazir’s efforts to ensure smooth of the ....

  • Global (2): Techstars Launches Global Online Startup Weekend Events Aimed at Fighting COVID-19

    Date: 2020-04-03 12:35:51 GMT - USA - Economy - SN:38 - ID:8381210

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ =============================================================== Techstars Launches Global Online Startup Weekend Events Aimed at Fighting COVID-19 Calling ....

  • Airline industry warns of crisis bigger than 9/11 aftermath

    Date: 2020-04-03 12:15:11 GMT - Egypt - Economy - SN:36 - ID:8381159

    MONTREAL, April 3 (MENA) - Global air traffic demand fell 14% in February, the most since the 9/11 terrorist attacks, as airlines were "hit by a sledgehammer called COVID-19," Bloomberg cited the International Air Transport Association (IATA) as ....

  • Military Production Ministry, SCZone to form joint committee to beef up cooperation

    Date: 2020-04-03 11:21:35 GMT - Egypt - Economy - SN:28 - ID:8380969

    CAIRO, April 3 (MENA) - The Ministry of Military Production and the Suez Canal Economic Zone (SCZone) agreed on Friday to form a joint committee - comprising officials from both sides - that will convene shortly to outline a strategy for ....

  • Global (1): Huawei Atlas 900 AI Cluster Wins the Red Dot Award 2020

    Date: 2020-04-03 11:15:54 GMT - Germany - Economy - SN:26 - ID:8381046

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- ESSEN, Germany, April 3, 2020 /PRNewswire/ -- The Huawei ....

  • World Bank offers Egypt $7.9m to fund its measures against COVID-19

    Date: 2020-04-03 08:10:27 GMT - Egypt - Economy - SN:10 - ID:8380689

    CAIRO, April 3 (MENA) - The World Bank announced that it activated on March 20 the Contingency Emergency Response Component (CERC) under the “Transforming Egypt’s Healthcare System Project” and offered Egypt $7.9 million to fund emergency response ....

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