Economy

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  • Category : Economy
  • 42 container ships, cargo vessels handled at Damietta Port in 24 hours

    Date: 2024-03-22 17:14:19 GMT - Egypt - Economy - SN:38 - ID:10634554

    DAMIETTA, Egypt, March 22 (MENA) - As many as 42 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Friday, the Damietta Port Authority's media center said the total trade volume ....

  • Foreign currency proceeds upped to EGP 5bn since exchange rate liberalization

    Date: 2024-03-22 09:44:34 GMT - Egypt - Economy - SN:15 - ID:10633857

    CAIRO, March 22 (MENA) - Misr and Al Ahly exchange companies, which are affiliated to Banque Misr and the National Bank of Egypt (NBE) respectively, said that customers have sold foreign currency worth over EGP 5 billion in 15 days following the ....

  • Egypt raises fuel prices

    Date: 2024-03-22 02:21:51 GMT - Egypt - Economy - SN:1 - ID:10633718

    CAIRO, March 22 (MENA) - Egypt's Fuel Automatic Pricing Committee has decided to increase the prices of all types of gasoline by EGP 1 per liter. In a statement released late Thursday night, the committee said that the price of diesel fuel was ....

  • PM follows up arrangements for organizing investment conf. in cooperation with EU

    Date: 2024-03-21 17:20:59 GMT - Egypt - Economy - SN:62 - ID:10633350

    CAIRO, March 21 (MENA) - Prime Minister Mostafa Madbouly affirmed the government's commitment to continuing economic structural reforms in light of the approach adopted by the Egyptian state in this regard through the implementation of the State's ....

  • Egypt bourse gains EGP 42 billion at end of week transactions

    Date: 2024-03-21 13:21:02 GMT - Egypt - Economy - SN:46 - ID:10632992

    CAIRO, March 21 (MENA) – Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday trading sessions, backed by purchases by Arab and Egyptian investment funds. The market capital gained about EGP 42 billion to register at EGP ....

  • Supply minister: Local wheat supply for 2024 season to start April 15

    Date: 2024-03-21 13:06:11 GMT - Egypt - Economy - SN:43 - ID:10632994

    CAIRO, March 21 (MENA) - Supply and Internal Trade Minister Ali el Moselhi announced on Thursday that local wheat supply for 2024 season will commence on April 15 till August 15. Farmers will be paid EGP 2,000 per ardeb (1 ardeb = 150 kg) after ....

  • CBE: LE6.7bn facilitations for 9,000 projects under NilePreneurs Initiative

    Date: 2024-03-21 11:09:56 GMT - Egypt - Economy - SN:30 - ID:10632557

    CAIRO, March 21 (MENA) – The Central Bank of Egypt (CBE) said the business development centers of the NilePreneurs Initiative contributed to offering some 430,000 non-financial services for more than 147,000 beneficiaries, who included entrepreneurs ....

  • Misr & Al Ahly exchange: Foreign currency proceeds of both firms hit EGP 4.5bn since exchange rate liberalization

    Date: 2024-03-21 09:16:20 GMT - Egypt - Economy - SN:19 - ID:10632546

    CAIRO, March 19 (MENA) - Misr and Al Ahly exchange companies - which are affiliated to the National Bank of Egypt and Banque Misr - managed to achieve foreign currency proceeds since the exchange rate liberalization on March 6 surpassing EGP 4.5 ....

  • Dollar exchange rate stable at beginning of Thursday's transactions

    Date: 2024-03-21 08:45:26 GMT - Egypt - Economy - SN:17 - ID:10632515

    CAIRO, March 21 (MENA) - The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar rate registered EGP 46.93 for buying and EGP 47.03 for selling. At ....

  • MENA Agenda on Thursday, March 21

    Date: 2024-03-21 06:56:32 GMT - Egypt - Economy - SN:5 - ID:10632381

    CAIRO, Foreign Minister Sameh Shoukry meets with US Secretary of State Antony Blinken. Shoukry is scheduled to hold a joint press conference with Blinken. CAIRO, Foreign Minister Sameh Shoukry attends an Arab ministerial meeting, in Cairo, which ....

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