Economy

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  • Category : Economy
  • Finance Ministry auctions T-bills worth EGP 20.5 bln

    Date: 2020-03-19 14:11:20 GMT - Egypt - Economy - SN:68 - ID:8361157

    CAIRO, March 19 (MENA) - The Ministry of Finance auctioned on Thursday treasury bills at a total value of EGP 20.5 billion. In an online statement, the ministry said it sold 182-day T-bills worth EGP 10 billion, with an average yield of 13.29 ....

  • State keen on boosting local industry to face coronavirus impacts

    Date: 2020-03-19 13:35:19 GMT - Egypt - Economy - SN:67 - ID:8360860

    CAIRO, March 19 (MENA) - Planning Minister Hala el Saeed stressed on Thursday that the government is keen on boosting local industry to meet citizens' needs as part of efforts to face coronavirus impacts. The government will offer a package of ....

  • Bourse makes up for its losses with index up to 5 percent

    Date: 2020-03-19 13:24:32 GMT - Egypt - Economy - SN:64 - ID:8361042

    CAIRO, March 19 (MENA) - Egypt’s stock exchange (EGX) made up for its losses over the past weeks by restoring more than 30 billion pounds on Thursday prompted by the National Bank of Egypt and Banque Misr 's decision to pump three billion pounds to ....

  • Global (3): JA Solar offer customers high-quality solar modules with Mono PERC MBB Cells adopting Ga-doped Silicon Wafers

    Date: 2020-03-19 13:02:59 GMT - China - Economy - SN:63 - ID:8361033

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- BEIJING, March 19, 2020 /PRNewswire/ -- With the recent ....

  • Remittances of Egyptians abroad hit 26.8 billion dollars in 2019 - CBE

    Date: 2020-03-19 12:52:31 GMT - Egypt - Economy - SN:61 - ID:8360956

    CAIRO, March 19 (MENA) - The money transfer of Egyptians working abroad hit 26.8 billion dollars in 2019, up 5.0 percent from the corresponding period of the year before, said the Central Bank of Egypt (CBE) on Thursday. In a statement, a copy of ....

  • Public enterprise ministry launches 1st stage of digital transformation program of its companies

    Date: 2020-03-19 12:16:23 GMT - Egypt - Economy - SN:57 - ID:8360859

    CAIRO, March 19 (MENA) - The Ministry of Pubic Enterprise Sector launched the first stage of the digital transformation program for its affiliated companies. The first stage includes 15 out of a total of 60 companies. In a statement on ....

  • Min. follows up timeline of receiving 6 passenger trains

    Date: 2020-03-19 12:11:16 GMT - Egypt - Economy - SN:55 - ID:8360602

    CAIRO, March 19 (MENA) - Transport Minister Kamel el Wazir Thursday held a meeting with the chairman and leaderships of the Egyptian National Railways to discuss progress achieved in a set of projects meant to upgrade the railway system and improve ....

  • ETA: Submitting income tax returns extended till April 9

    Date: 2020-03-19 11:27:08 GMT - Egypt - Economy - SN:46 - ID:8360506

    CAIRO, March 19 (MENA) - Chairman of the Egyptian Tax Authority (ETA) Reda Abdel Kader said that it extended the period of submitting income tax return statements, which was originally set for March 31, till April 9. On Tuesday, the authority ....

  • NBE, Banque Misr issue savings certificates with 15% returns

    Date: 2020-03-19 11:07:41 GMT - Egypt - Economy - SN:45 - ID:8360780

    CAIRO, March 19 (MENA) - The National Bank of Egypt (NBE) and Banque Misr decided to issue on Thursday new savings certificates with a monthly return of 15 percent. President of Banque Misr Mohamed el Atrebi said the certificate will be released ....

  • NBE, Banque Misr pump 3 billion pounds to boost bourse - offical

    Date: 2020-03-19 11:06:12 GMT - Egypt - Economy - SN:44 - ID:8360730

    CAIRO, March 19 (MENA) - The National Bank of Egypt (NBE) and Banque Misr will pump 3 billion pounds to boost the Egyptian Exchange through their investment funds, a banking official said Thursday. Speaking to MENA, the official said the move ....

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