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Economy
- Service : English General
- Category : Economy
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Exchange firms attract foreign currency worth nearly EGP10.5b in 1 month – Officials
Date: 2024-04-05 11:29:30 GMT - Egypt - Economy - SN:19 - ID:10651227
CAIRO, April 5 (MENA) – The National Bank of Egypt’s Al-Ahly Exchange, Banque Misr’s Misr Exchange and Banque du Caire’s Cairo Exchange have managed to attract foreign currency at a total of some EGP10.500 billion since March 6. Abdel Mageed Mohi ....
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Egypt ready to support South Korean companies to increase investments in Egypt, says min.
Date: 2024-04-04 14:51:45 GMT - Egypt - Economy - SN:49 - ID:10650622
NEW ADMINISTRATIVE CAPITAL, April 4 (MENA) - International Cooperation Minister Rania el Mashat said the government is ready to provide all forms of support for South Korean companies to increase their investments in Egypt in the areas of ....
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Rashid, Burullus fields produced daily average of 235 mln cubic feet of gas in 2023 - statement
Date: 2024-04-04 13:16:03 GMT - Egypt - Economy - SN:43 - ID:10650426
CAIRO, April 4 (MENA) – Rashid and Burullus fields produced a daily average of 235 million cubic feet of gas during 2023, marking an increase of more than 107 percent, Rashid and Burullus Company for Petroleum has announced. They also produced ....
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Finance min.: April 29 last date to benefit from initiative to “Facilitate importation of cars for Egyptians abroad”
Date: 2024-04-04 11:59:53 GMT - Egypt - Economy - SN:36 - ID:10650252
CAIRO, April 4 (MENA) - Minister of Finance Mohamed Maait said April 29 is the last date to benefit from the initiative to “facilitate the import of car for Egyptians abroad,” register applications electronically and pay the prescribed deposit ....
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MSMEDA inks EGP100m deal to fund SMEs
Date: 2024-04-04 11:58:10 GMT - Egypt - Economy - SN:34 - ID:10650292
CAIRO, April 4 (MENA) – Basel Rahmy, CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), said the agency is keen to provide all forms of technical and financial support for the SMEs sector to propel economic development. ....
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FinTech Egypt launches financial technology event “Women for Women”
Date: 2024-04-04 11:01:29 GMT - Egypt - Economy - SN:32 - ID:10650142
CAIRO, April 4 (MENA) - FinTech Egypt, affiliated with the Central Bank of Egypt (CBE), launched the “Women for Women in FinTech” event with the aim of providing innovative financial solutions that help female entrepreneurs expand their companies’ ....
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Egypt’s trade balance deficit down to 2.08bn in January 2024
Date: 2024-04-04 10:22:21 GMT - Egypt - Economy - SN:24 - ID:10650085
CAIRO, April 4 (MENA) - Egypt’s trade balance deficit decreased to $2.08 billion in January, compared to $3.32 billion in the same month a year ago, according to a monthly bulletin issued by the Central Agency for Public Mobilization and Statistics ....
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EGAC renews ISO certificate of anti-brown rot project for 4th straight year
Date: 2024-04-04 10:10:06 GMT - Egypt - Economy - SN:23 - ID:10650066
CAIRO, April 4 (MENA) - The Egyptian Accreditation Council (EGAC) has renewed the ISO/IEC 17025: 2017 certificate for labs of anti-brown rot project for the fourth year in a row, Director of the project Naglaa Balabel said. The projects director ....
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Dollar exchange rate stable at beginning of Thursday's transactions
Date: 2024-04-04 07:42:53 GMT - Egypt - Economy - SN:12 - ID:10649939
CAIRO, April 4 (MENA) - The dollar exchange rate was stable at the start of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 47.36 for buying and EGP 47.46 for ....
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Foreign currency proceeds near EGP 9.9bn since exchange rate liberalization
Date: 2024-04-04 07:34:40 GMT - Egypt - Economy - SN:11 - ID:10649932
CAIRO, April 4 (MENA) - Foreign currency proceeds of exchange companies, affiliated to the National Bank of Egypt (NBE), Banque Misr and Banque du Caire, have increased to some EGP 9.940 billion since interest rate liberalization on March 6. In ....
