Economy

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  • Category : Economy
  • PM asserts commodities are available in local markets

    Date: 2024-03-18 15:50:25 GMT - Egypt - Economy - SN:39 - ID:10629085

    CAIRO, March 18 (MENA) - Prime Minister Mostafa Madbouli asserted commodities are available in local markets, "but, it is really important that citizens feel that prices are down." The premier announced positive indications for the dollar flow in ....

  • Mashat: WB Group announces financing package for Egyptian economy at 6 billion dollars

    Date: 2024-03-18 14:53:14 GMT - Egypt - Economy - SN:38 - ID:10629016

    CAIRO, March 18 (MENA) - Minister of International Cooperation and Egypt's Governor at the World Bank Group Rania el Mashat said the WB Group is planning to provide six billion dollars in financing in the coming three years. The move comes as part ....

  • PM: Govt ready to secure foreign currency to import one million tons of sugar

    Date: 2024-03-18 14:28:46 GMT - Egypt - Economy - SN:35 - ID:10628966

    CAIRO, March 18 (MENA) - Prime Minister Mostafa Madbouli announced the government is ready to secure the foreign currency required to import one million tons of sugar. The premier's announcement came during a meeting that he held on Monday with ....

  • ECS, India's Rana Group probe Egypt's investment opportunities

    Date: 2024-03-18 14:24:59 GMT - Egypt - Economy - SN:34 - ID:10628963

    CAIRO, March 18 (MENA) - Head of the Egyptian Commercial Service (ECS) Yehya Al Wathiqbellah Monday discussed with representatives of Indian company Rana Group Egypt's potential investment opportunities. Rana Group provides leading engineering ....

  • Dollar exchange rate inches down in mid-day transactions

    Date: 2024-03-18 12:17:29 GMT - Egypt - Economy - SN:26 - ID:10628448

    CAIRO, March 18 (MENA) - The dollar exchange rate inched down by 15-20 piasters in the mid-day of Monday's transactions at Egypt's major banks . At the National Bank of Egypt (NBE), the dollar rate registered EGP 47.15 for buying and EGP 47.25 ....

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

    Date: 2024-03-18 07:59:59 GMT - Egypt - Economy - SN:11 - ID:10628195

    CAIRO, March 18 (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), the dollar rate registered EGP 47.27 for buying and EGP 47.37 for selling. At ....

  • Egyptian-European Business Council praises strategic partnership document

    Date: 2024-03-17 22:00:03 GMT - Egypt - Economy - SN:85 - ID:10628037

    CAIRO, March 17 (MENA) - The Egyptian-European Business Council praised Sunday the Joint Political Declaration document between President Abdel Fattah El Sisi and President of the European Commission Ursula von der Leyen to raise relations between ....

  • PM follows up customs clearance of basic commodities at seaports nationwide

    Date: 2024-03-17 20:01:52 GMT - Egypt - Economy - SN:77 - ID:10627910

    CAIRO, March 17 (MENA) - Prime Minister Mostafa Madbouli followed up on customs clearance of basic commodities and production supplies at seaports nationwide. During a meeting with Governor of the Central Bank of Egypt (CBE) Hassan Abdullah at ....

  • Ministry of Petroleum to set up natural gas company in Saudi Arabia with 2mn riyals as capital

    Date: 2024-03-17 16:51:24 GMT - Egypt - Economy - SN:57 - ID:10627664

    CAIRO, March 17 (MENA) - The Modern Natural Gas Company announced Sunday the establishment of a company in the Kingdom of Saudi Arabia in the field of natural gas under Modern Gas Saudi Arabia, with an initial capital of 2 million Saudi ....

  • Dollar exchange rate inches down at end of Sunday's transactions

    Date: 2024-03-17 15:21:11 GMT - Egypt - Economy - SN:48 - ID:10627558

    CAIRO, March 17 (MENA) - The dollar exchange rate inched down 50-60 piasters at the end of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and the Commercial International Bank (CIB), the dollar rate registered ....

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