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Economy
- Service : English General
- Category : Economy
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CBE announces 2-day bank holiday for Labor Day, Sham El Nessim
Date: 2024-04-29 17:28:35 GMT - Egypt - Economy - SN:54 - ID:10683795
CAIRO, April 29 (MENA) - The Central Bank of Egypt (CBE) has announced that banks operating in Egypt will be closed on Sunday and Monday, May 5-6, to mark the Labor Day and the Egyptian spring festival of Sham El Nessim. In a statement on Monday, ....
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Finance min. hopes Standard Chartered will contribute to backing Egyptian economy
Date: 2024-04-29 17:06:26 GMT - Egypt - Economy - SN:50 - ID:10683642
CAIRO, April 29 (MENA) – Finance Minister Mohamed Mait has welcomed the launch of activities of Standard Chartered Bank in Egypt, hoping that it will play an effective role in backing the country's economy. The minister's remarks came on Monday ....
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EGX indexes post collective gains at close of Monday trading
Date: 2024-04-29 15:03:59 GMT - Egypt - Economy - SN:40 - ID:10683215
CAIRO, April 29 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the end of Monday's trading session backed by purchases by Arab investment funds and Egyptian and foreign investors. The market capital gained nearly EGP 73 ....
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Finance minister urges enhancing multilateral development cooperation
Date: 2024-04-29 13:36:55 GMT - Kingdom of Saudi Arabia - Economy - SN:35 - ID:10683249
RIYADH, April 29 (MENA) - Finance Minister Mohamed Maait urged enhancing multilateral development cooperation to fill the financing gaps of emerging states, through providing low-cost and more appropriate tools that help them address the negative ....
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Mashat takes part in African heads of state summit in Nairobi
Date: 2024-04-29 12:30:09 GMT - Egypt - Economy - SN:32 - ID:10683124
CAIRO, April 29 (MENA) - On behalf of President Abdel Fattah El Sisi, Minister of International Cooperation Rania el Mashat is taking part in a summit of African heads of state, which is held on the sidelines of the International Development ....
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SCZONE head meets Indonesian trade delegation
Date: 2024-04-29 10:10:41 GMT - Egypt - Economy - SN:20 - ID:10682838
CAIRO, April 29 (MENA) - Chairman for the General Authority of Suez Canal Economic Zone (SCZONE) Walid Gamaleddin Monday discussed with a delegation from the Indonesian Ministry of Trade and Industry ways of joint cooperation in the fields of ....
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MSMEDA signs EGP 30mn contract with Al Khair Microfinance
Date: 2024-04-29 09:04:45 GMT - Egypt - Economy - SN:16 - ID:10682645
CAIRO, April 29 (MENA) - The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and Al Khair Microfinance have signed an EGP 30mn contract to bankroll projects, particularly in Upper Egypt and border areas. This is part of a State ....
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Dollar exchange rate stable at start of Monday's transactions
Date: 2024-04-29 08:06:57 GMT - Egypt - Economy - SN:12 - ID:10682597
CAIRO, April 29 (MENA) - The dollar exchange rate was stable at the start of Monday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB), the dollar rate registered ....
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Airbus A-320 aircraft joins Air Cairo fleet
Date: 2024-04-28 20:39:51 GMT - Egypt - Economy - SN:71 - ID:10682276
CAIRO, April 28 (MENA) - Air Cairo, affiliated to the Ministry of Civil Aviation, said Sunday it received its 24th Airbus A-320 SU-BVQ aircraft and it joined its fleet, bringing the total number of aircraft to 33 Airbus, E190 and ATR. In a ....
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Egypt appreciates developmental role of Japanese investments - Minister
Date: 2024-04-28 18:52:15 GMT - Kingdom of Saudi Arabia - Economy - SN:63 - ID:10681944
RIYADH, April 28 (MENA) - Minister of Finance Mohamed Maait on Sunday hailed the developmental role of Japanese investments in Egypt. Egypt looks forward to deepening economic and trade cooperation with Japan to achieve sustainable development, ....
