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Economy
- Service : English General
- Category : Economy
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CBE targets relieving burdens on citizens, companies, governor says
Date: 2020-03-29 20:07:55 GMT - Egypt - Economy - SN:72 - ID:8374800
CAIRO, March 29 (MENA) – Governor of the Central Bank of Egypt (CBE) Tarek Amer said Sunday the recent CBE decisions came in light of the latest precautionary measures aimed at halting the spread of coronavirus. Such decisions targets relieving ....
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Finance Minitry auctions T-bonds worth EGP 14.5 billion
Date: 2020-03-29 19:04:43 GMT - Egypt - Economy - SN:67 - ID:8374803
CAIRO, March 29 (MENA) - The Ministry of Finance on Sunday auctioned treasury bonds at a total value of EGP 14.5 billion. In an online statement, the ministry said it sold 91-day T-bonds worth EGP 4 billion, with an average yield of 12.533 ....
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Top bankers say CBE decision to limit daily cash deposits, withdrawals for citizens' safety
Date: 2020-03-29 17:13:08 GMT - Egypt - Economy - SN:61 - ID:8374650
CAIRO, March 29 (MENA) - Chairmen of the National Bank of Egypt (NBE) and Banque Misr said the Central Bank of Egypt's (CBE) decision to set a maximum limit on daily cash deposits and withdrawals is aimed at ensuring citizens' safety at first and ....
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Molla urges optimal use of oil companies' capabilities
Date: 2020-03-29 16:35:09 GMT - Egypt - Economy - SN:59 - ID:8374550
CAIRO, March 29 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla has called for making the best use of capabilities of the oil companies, especially those specialized in operation and maintenance. The minister made the remarks ....
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Egypt's central bank sets maximum limit on daily cash deposit, withdrawal over coronavirus fears
Date: 2020-03-29 13:33:50 GMT - Egypt - Economy - SN:13 - ID:8373810
CAIRO, March 29 (MENA) - The Central Bank of Egypt (CBE) decided on Sunday to set a maximum limit on daily cash deposit and withdrawal in all branches at 10,000 pounds for individuals and 50,000 for companies amid coronavirus fears. The bank also ....
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EGX indexes show mixed performance, benchmark down 1.54 pct
Date: 2020-03-29 12:42:34 GMT - Egypt - Economy - SN:40 - ID:8374344
CAIRO, March 29 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading, amid selling operations by Arab and foreign institutions and investment funds. The market capital lost about EGP 2 billion, ....
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MSME announces moratorium on debt payments amid coronavirus outbreak
Date: 2020-03-29 12:07:48 GMT - Egypt - Economy - SN:36 - ID:8374263
CAIRO, March 29 (MENA) - The Small & Medium Enterprise Development Agency (MSME) under Nevin Gamei announced a moratorium on the payment of monthly loan installments in compliance with efforts taken by the country to contain the financial ....
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CBE to pay ATM fees for pensioners for 6 months
Date: 2020-03-29 10:58:17 GMT - Egypt - Economy - SN:30 - ID:8374189
CAIRO, March 29 (MENA) - The Central Bank of Egypt (CBE) will bear ATM cash withdrawal fees for pensioners on behalf of the Social Solidarity Ministry for six months as part of efforts to contain the repercussions of coronavirus outbreak. A ....
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FRA defers payment of 50% of microcredit installments
Date: 2020-03-29 09:44:47 GMT - Egypt - Economy - SN:25 - ID:8373932
CAIRO, March 29 (MENA) - Chairman of the Financial Regulatory Authority (FRA) Mohamed Omran said on Sunday that the payment of 50 percent of the micro-credit installments will be deferred. No additional fees or fines will be imposed by the FRA ....
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Egypt bourse okays e-voting amid coronavirus fears
Date: 2020-03-29 09:10:38 GMT - Egypt - Economy - SN:22 - ID:8373986
CAIRO, March 29 (MENA) - The Egyptian Exchange announced on Sunday the activation of e-voting system for companies registered in the bourse in compliance with Prime Minister Moustafa Madbouli's decision to ban all activities involving large ....
