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Economy
- Service : English General
- Category : Economy
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Total hard currency worth over EGP 835 mln sold in 9 days
Date: 2024-03-15 14:04:14 GMT - Egypt - Economy - SN:38 - ID:10625097
CAIRO, March 15 (MENA) - Customers have sold foreign currency worth over EGP 835 mn in the last nine days following the Central Bank of Egypt (CBE)'s decision to float the currency, said Chairman of Misr Exchange Company Adel Fawzy. In ....
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EECA to participate in China-hosted fair
Date: 2024-03-15 12:56:09 GMT - Egypt - Economy - SN:32 - ID:10624958
CAIRO, March 15 (MENA) - Egypt Expo & Convention Authority (EECA) will participate in the 24th China Xiamen International Stone Fair, which will kick off on March 16 and run until March 19. In a statement, the ECCA said that the Egyptian ....
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PM: Positive indications on dollar inflows
Date: 2024-03-14 16:24:29 GMT - Egypt - Economy - SN:53 - ID:10624211
CAIRO, March 14 (MENA) – Prime Minister Mostafa Madbouli has stressed that there are positive indications on dollar inflows into the local market. The premier’s remarks came on Thursday during a meeting of the economic ministerial group to ....
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GIZ launches initiative on recycling of beverage cartons in Egypt
Date: 2024-03-14 15:49:14 GMT - Egypt - Economy - SN:51 - ID:10624210
CAIRO, March 14 (MENA) - The German Agency for International Cooperation (GIZ), in partnership with (S.E.J) company and Plastic Bank, have launched a pioneering initiative to revolutionize the recycling of beverage cartons in Egypt and improve ....
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PM underlines need to develop industries to cut imports
Date: 2024-03-14 15:14:12 GMT - Egypt - Economy - SN:50 - ID:10624108
CAIRO, March 14 (MENA) – Prime Minister Mostafa Madbouli has underscored the importance of developing industries to cut the costs of imports. The premier’s remarks came on Thursday at a meeting with Industry Minister Ahmed Samir to follow up the ....
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Dollar exchange rate inches down at end of Thursday's transactions
Date: 2024-03-14 14:14:49 GMT - Egypt - Economy - SN:47 - ID:10624106
CAIRO, March 14 (MENA) - The dollar exchange rate inched down 30-40 piasters at the end of Thursday'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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Enppi’s contracts hit $5bn until 2028 – Petroleum Ministry
Date: 2024-03-14 12:02:58 GMT - Egypt - Economy - SN:37 - ID:10623735
CAIRO, March 14 (MENA) – The Engineering for the Petroleum and Process Industries (Enppi) said it has concluded contracts for the period from 2024 to 2028 worth some $5 billion. Petroleum Minister Tareq El Molla on Thursday approved Enppi’s ....
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Egypt bourse gains EGP 15 billion at end of week transactions
Date: 2024-03-14 11:52:36 GMT - Egypt - Economy - SN:35 - ID:10623773
CAIRO, March 14 (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 15 billion to register at ....
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CBE: 11 banks partake in second phase of ‘Decent Life’ initiative
Date: 2024-03-14 11:13:15 GMT - Egypt - Economy - SN:26 - ID:10623457
CAIRO, March 14 (MENA) – The Central Bank of Egypt (CBE) announced that 11 banks will take part in the second phase of the presidential ‘Decent Life’ initiative. The banks’ participation aims to contribute to achieving the goals of the initiative ....
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Dollar exchange rate stable at beginning of Thursday's transactions
Date: 2024-03-14 09:43:35 GMT - Egypt - Economy - SN:20 - ID:10623504
CAIRO, March 14 (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 the Commercial International Bank (CIB), the dollar rate registered EGP 48.40 for ....
