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Economy
- Service : English General
- Category : Economy
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CBE: Clients' deposits reach EGP 4.246 trillion end of January
Date: 2020-03-23 11:14:30 GMT - Egypt - Economy - SN:29 - ID:8366075
CAIRO, March 23 (MENA) - The Central Bank of Egypt (CBE) announced on Monday that clients' deposits in Egypt’s banking system totalled around EGP 4.246 trillion in the month of January compared with EGP 4.236 trillion in the previous month of ....
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global 1:ZTE Unveils its First 5G Video Smartphone Axon 11 in China
Date: 2020-03-23 10:29:16 GMT - China - Economy - SN:26 - ID:8366046
Dear subscribers, following is a global bulletin published for PR Newswire: ----------------------------------------------------------------------------------------------------------- SHENZHEN, China, March 23, 2020 /PRNewswire/ -- ZTE ....
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Goldman Sachs sees 1% drop in global GDP due to 'coronacrisis'
Date: 2020-03-23 10:04:21 GMT - USA - Economy - SN:24 - ID:8365923
WASHINGTON, March 23 (MENA) - Goldman Sachs said it expected global real gross domestic product to contract by about 1% in 2020, a sharper economic decline than in the year following the 2008 global financial crisis, the Economic Times ....
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Oil drops toward 17-year low as hopes for OPEC-Texas production truce fade
Date: 2020-03-23 09:32:06 GMT - Japan - Economy - SN:22 - ID:8365895
TOKYO, March 23 (MENA) - Oil dropped toward the lowest level since 2003 as prospects for a deal between OPEC and Texas to limit production appeared to fade, while a US coronavirus rescue package ran into political delay, Bloomberg reported ....
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Egypt's Stock Exchange suspends trading for 30 minutes after indices reached highest levels
Date: 2020-03-23 09:13:52 GMT - Egypt - Economy - SN:20 - ID:8365886
CAIRO, March 23 (MENA) - The Egyptian Stock Exchange (ESE) board decided on Monday to halt trading for 30 minutes after all its indices reached highest levels during the morning session. In a statement released on Monday, the ESE said it has ....
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Sisi: Pensioners to cash five overdue bonuses, get 14 percent annual bonus as of next fiscal year
Date: 2020-03-22 18:50:11 GMT - Egypt - Economy - SN:58 - ID:8365235
CAIRO, March 22 (MENA) – President Abdel Fattah El Sisi said Sunday that pensioners will get five overdue bonuses at a rate of 80 percent of the basic salary, as well as a 14 percent annual bonus as of fiscal year 2020/2021. During his meeting at ....
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NSB increases annual yield of senior citizens' certificate to 15.5%
Date: 2020-03-22 17:50:06 GMT - Egypt - Economy - SN:52 - ID:8365145
CAIRO, March 22 (MENA) - Vice President of Nasser Social Bank (NSB) Sherif Farouq has said the bank decided to increase the annual and monthly yield of a certificate for senior citizens to 15.5% and 15% respectively. The decision comes in light ....
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CBE to pump EGP 20 bln to support bourse
Date: 2020-03-22 17:30:05 GMT - Egypt - Economy - SN:47 - ID:8365233
CAIRO, March 22 (MENA) – The Central Bank of Egypt will pump EGP 20 billion into the Egyptian Exchange, in an immediate move meant to shore up the money market. The move comes in line with President Abdel Fattah El Sisi’s directives, aiming at ....
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Bourse gains EGP 19.6 bln, all indexes up
Date: 2020-03-22 14:49:59 GMT - Egypt - Economy - SN:32 - ID:8364984
CAIRO, March 22 (MENA) - The Egyptian Exchange (EGX) indexes continued collective gains prompted by the stimulus procedures the government has adopted and the initiative that the National Bank of Egypt (NBE) and Banque du Caire have launched to pump ....
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CBE exempts money transfers in local currency from charges for 3 months
Date: 2020-03-22 14:41:01 GMT - Egypt - Economy - SN:31 - ID:8364890
CAIRO, March 22 (MENA) - The Central Bank of Egypt (CBE) has decided to exempt money transfers in local currency from all transfer charges for three months. In a statement released on Sunday, the CBE said the decision is aimed at limiting cash ....
