Economy

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  • Category : Economy
  • Maait: No intention to issue bonds in int'l markets till end of current fiscal year

    Date: 2024-03-10 13:02:46 GMT - Egypt - Economy - SN:36 - ID:10618605

    CAIRO, March 10 (MENA) - Minister of Finance Mohammed Maait announced that there are no intentions to issue bonds in the international markets until the end of the current fiscal year. During a press conference held Sunday, the minister added ....

  • House approves amendment to unified finance law

    Date: 2024-03-10 12:53:41 GMT - Egypt - Economy - SN:34 - ID:10618622

    CAIRO, March 10 (MENA) - The House of Representatives has given its final approval to a draft resolution on the amendment of the Unified Public Finance Law no. 6 of 2022. The draft resolution was presented by the government and some MPs to amend ....

  • Egypt's primary budget surplus records EGP 193 bn: Finance min.

    Date: 2024-03-10 12:36:00 GMT - Egypt - Economy - SN:30 - ID:10618523

    CAIRO, March 10 (MENA) - Egypt has achieved a primary budget surplus of EGP 193 billion during the first eight months of the budget, at a rate of 1.44% of the State's domestic product, compared to EGP 41.8 billion for the same period last year, ....

  • CAPMAS: Annual inflation rate up by 36 percent in February

    Date: 2024-03-10 11:55:02 GMT - Egypt - Economy - SN:28 - ID:10618457

    CAIRO, March 10 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) announced a rise in the general Consumer Price Index nationwide to reach 219.4 points for the month of February 2024, indicating an annual inflation rate of ....

  • 17,000 tons of goods handled at Red Sea Ports

    Date: 2024-03-10 09:28:59 GMT - Egypt - Economy - SN:15 - ID:10618266

    HURGHADA, Egypt, March 10 (MENA) - About 15,000 tons of goods were handled at the different Red Sea harbors on Sunday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 3,000 tons of goods, 685 trucks and 105 ....

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

    Date: 2024-03-10 08:48:00 GMT - Egypt - Economy - SN:9 - ID:10618110

    CAIRO, March 10 (MENA) - The dollar exchange rate was stable at the start of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 49.35 for buying and EGP 49.45 for ....

  • 37 container ships, cargo vessels handled at Damietta Port

    Date: 2024-03-09 19:37:33 GMT - Egypt - Economy - SN:64 - ID:10617843

    DAMIETTA, Egypt, March 9 (MENA) - As many as 37 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Saturday, Damietta Port Authority said the total volume of exported goods handled at ....

  • Egypt, Libya customs officials meet for coop.

    Date: 2024-03-09 18:51:58 GMT - Egypt - Economy - SN:63 - ID:10617827

    ALEXANDRIA, March 9 (MENA) - Egyptian Chamber of Commerce in Alexandria held a meeting for Egyptian and Libyan customs officials at Salloum and Musaid land crossing ports to discuss ways of cooperation between the two sides. According to a ....

  • EEC chief: CBE's decisions key for unifying exchange rate, combating black market

    Date: 2024-03-09 13:15:20 GMT - Egypt - Economy - SN:42 - ID:10617365

    CAIRO, March 9 (MENA) - Chairperson of the Engineering Export Council of Egypt (EEC) Sherif El Sayyad Saturday said the latest decisions of the Central Bank of Egypt (CBE) contributes to unifying the exchange rate and eliminating the black ....

  • State pays special attention to mothers at family level, economic empowerment level

    Date: 2024-03-09 12:26:52 GMT - Egypt - Economy - SN:37 - ID:10617360

    CAIRO, March 9 (MENA) – Finance Minister Mohamed Maait asserted that the state in the era of President Abdel Fattah El Sisi pays special attention to the working mothers and breadwinner mothers at the family and social levels in addition to economic ....

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