Economy

  • Service : English General
  • Category : Economy
  • global 1:ZTE partners with KDDI to unveil new 5G smartphones in Japan

    Date: 2020-03-24 07:31:15 GMT - China - Economy - SN:14 - ID:8367194

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- SHENZHEN, China, March 24, 2020 /PRNewswire/ -- ZTE ....

  • Egyptian banks reduce interest rate of dollar-dominated savings by 1 percent - source

    Date: 2020-03-23 18:39:17 GMT - Egypt - Economy - SN:80 - ID:8366942

    CAIRO, March 23 (MENA) - A well-placed banking source said Egyptian banks have reduced interest rate of dollar-dominated savings by 1 percent. In statements to MENA Monday, the source said the decision came in light of a trend by all ....

  • Global (2): World ATM Congress Honours Maverick Awards 2020 Winners

    Date: 2020-03-23 17:55:21 GMT - USA - Economy - SN:71 - ID:8366931

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- ALEXANDRIA, Virginia, March 23, 2020 /PRNewswire/ -- ATCA ....

  • Egypt's bourse abolishes trading suspension in case indices went up

    Date: 2020-03-23 16:31:47 GMT - Egypt - Economy - SN:60 - ID:8366694

    CAIRO, March 23 (MENA) - The board of directors of Egypt's Stock Exchange (EGX) Monday cancelled a mechanism to temporary suspend trading in case the indices went up, in line with the global stock markets. The temporary pause of trading will only ....

  • Bourse gains EGP 16.5 bln, all indexes up

    Date: 2020-03-23 14:22:04 GMT - Egypt - Economy - SN:45 - ID:8366403

    CAIRO, March 23 (MENA) - The Egyptian Exchange (EGX) indexes continued collective gains on Monday backed by purchases of local institutions and investment funds after President Abdel Fattah El Sisi's decision to pump EGP 20 billion to the bourse. ....

  • FEDCOC launches initiative for shutting down shops in face of COVID-19

    Date: 2020-03-23 13:53:48 GMT - Egypt - Economy - SN:41 - ID:8366369

    CAIRO, March 23 (MENA) - The Federation of the Egyptian Chambers of Commerce launched an initiative to close all shops that operate in fields other than food and strategic commodities for two weeks in support of the state's precautionary measures ....

  • CBE: Egypt's domestic liquidity rises to EGP 4.140 trillion by end of January

    Date: 2020-03-23 13:02:54 GMT - Egypt - Economy - SN:40 - ID:8366114

    CAIRO, March 23 (MENA) - The Central Bank of Egypt (CBE) said in a report on Monday that Egypt's domestic liquidity increased by EGP 276.8 billion to register EGP 4.140 trillion at an increase rate of 7.2% during the period from July to January of ....

  • New saving certificates yield EGP 6.2 bn in 1st day – Banks say

    Date: 2020-03-23 12:45:06 GMT - Egypt - Economy - SN:38 - ID:8366312

    CAIRO, March 23 (MENA) – The National Bank of Egypt (NBE) and Banque Misr said the 15-percent-yield saving certificates yielded EGP 6.2 billion in the first day of their issuance. NBE Head Hesham Okasha told MENA on Monday that the yields of the ....

  • Finance ministry: Treasury incurs EGP 35 bn in pensions' five bonuses raise

    Date: 2020-03-23 12:13:42 GMT - Egypt - Economy - SN:35 - ID:8366187

    CAIRO, March 23 (MENA) - Finance Minister Mohamed Maait said that the state treasury will incur 35 billion pounds in pensions for the overdue five bonuses in line with President Abdel Fattah El Sisi's directives. In a statement on Monday, the ....

  • Bloomberg: Egyptian stocks rise most in world thanks to Sisi’s initiative

    Date: 2020-03-23 11:59:13 GMT - Egypt - Economy - SN:33 - ID:8366231

    CAIRO, March 23 (MENA) – Egypt’s main stock index jumped the most in the world after President Abdel Fattah El Sisi announced that the central bank would support the bourse to the tune of 20 billion Egyptian pounds ($1.3 billion), Bloomberg ....

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