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Economy
- Service : English General
- Category : Economy
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Mohamed Eletrby elected head of FEB by acclamation
Date: 2020-03-22 12:32:30 GMT - Egypt - Economy - SN:23 - ID:8364699
CAIRO, March 22 (MENA) - The Federation of Egyptian Banks (FEB) announced Sunday that Mohamed Eletrby was elected by acclamation as head of the federation in succession of Hisham Ezz El Arab whose term has ended. In a statement released on ....
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Egyptian banks to postpone loan payments for 6 months over coronavirus
Date: 2020-03-22 12:29:43 GMT - Egypt - Economy - SN:22 - ID:8364688
CAIRO, March 22 (MENA)- The Central Bank of Egypt gave on Sunday directives to all banks across the nation to postpone credit dues for individual debts, including real-estate loans, for six months. No fines will be levied in case of late payment, ....
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Egypt's bourse gains 18.4 billion pounds
Date: 2020-03-22 09:36:19 GMT - Egypt - Economy - SN:16 - ID:8364455
CAIRO, March 22 (MENA) - All indices of Egypt Stock Exchange jumped in the first minutes of morning trading on Sunday with the main index upping by 6.38 percent. The increase is prompted by the stimulus procedures the government has adopted and ....
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Coronavirus: CBE launches initiative to boost e-pay
Date: 2020-03-21 21:34:29 GMT - Egypt - Economy - SN:76 - ID:8364204
CAIRO, March 21 (MENA) - The Central Bank of Egypt (CBE) launched a new initiative Saturday night that aims to encourage people to depend more on e-pay methods in order to halt the spread of the novel coronavirus. Themed "E-pay more safe for ....
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Global-PRNewswire(1):Saudi Development and Reconstruction Program for Yemen Launches "Beautiful Aden" Campaign
Date: 2020-03-21 20:57:39 GMT - Yemen - Economy - SN:74 - ID:8364206
Dear subscribers, following is a global bulletin published for PR Newswire: ----------------------------------------------------------------------------------------------------------- Saudi Development and Reconstruction Program for Yemen ....
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FRA welcomes issuing consumer financing law
Date: 2020-03-21 13:51:00 GMT - Egypt - Economy - SN:33 - ID:8363417
CAIRO, March 21 (MENA) - The Financial Regulatory Authority (FRA) welcomed Saturday President Abdel Fattah El Sisi’s decision to issue consumer financing law. FRA chairman Mohamed Omran hailed the move, aimed at regulating the consumer financing ....
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NBE: 15% yield certificates to be available via online banking service to curb coronavirus spread
Date: 2020-03-20 15:30:15 GMT - Egypt - Economy - SN:45 - ID:8362678
CAIRO, March 20 (MENA) - The National Bank of Egypt (NBE) announced that its 15-percent-yield saving certificates will be available through the online channel, the mobile banking application and the call center 19623 for new clients. In a ....
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Fitch praises CBE's 300bp interest-rate cut as 'bold' move amid coronavirus ramifications
Date: 2020-03-20 14:51:13 GMT - United Kingdom - Economy - SN:42 - ID:8362493
LONDON, March 20 (MENA) – Fitch Ratings hailed Friday the Central Bank of Egypt’s (CBE) decision to cut interest rates by 300 basis points (3%), describing the move as "bold" to contain the ramifications of novel coronavirus outbreak on the ....
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Banque Misr rejects cash deposits for buying new saving certificates
Date: 2020-03-20 14:16:01 GMT - Egypt - Economy - SN:40 - ID:8362562
CAIRO, March 20 (MENA) - Banque Misr has decided to confine buying its 15-percent-yield saving certificates to the online channel, the mobile banking application, the contact center, e-mails or via transfers from other banks for new clients. In ....
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Global (3): Trina Solar announces mass production of 500W+ Duomax V& Tallmax V modules
Date: 2020-03-20 10:48:59 GMT - China - Economy - SN:23 - ID:8362264
Dear subscribers, following is a global bulletin published for PR Newswire: ----------------------------------------------------------------------------------------------------------- The firm leads the global photovoltaic industry into the ....
