Economy

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  • Category : Economy
  • Egypt's Panda bonds win Africa's best bond deal for 2024

    Date: 2024-03-08 18:46:21 GMT - South Africa - Economy - SN:48 - ID:10616625

    Cape Town, March 8 (MENA) - Egypt won the 2024 best bond deal in Africa for issuing sustainable Panda bonds worth ¥3.5 billion ($478.7 million). The announcement came at the 2024 Bonds, Loans & ESG Capital Markets Africa Awards ....

  • Maait asserts Moody's decision to change outlook on Egyptian economy to positive sets stage for improving credit rating

    Date: 2024-03-08 15:14:39 GMT - Egypt - Economy - SN:29 - ID:10616322

    CAIRO, March 8 (MENA) - Finance Minister Mohamed Maait asserted the decision by Moody’s Ratings (Moody’s) to change the outlook on the government of Egypt to positive from negative set the stage for improving Egypt's rating in the coming period. ....

  • Health minister discusses with BioCubaFarma cooperation in developing vaccines

    Date: 2024-03-07 18:29:22 GMT - Egypt - Economy - SN:72 - ID:10615177

    CAIRO/HAVANA, March 7 (MENA) - Minister of Health and Population Khaled Abdel Ghaffar praised the quality of Cuban pharmaceutical products, vaccines, medicines and medical supplies, as he discussed with the Cuban side cooperation in pharmaceutical ....

  • SCZONE: We are keen on boosting cooperation with China in ports, logistics

    Date: 2024-03-07 17:43:35 GMT - Egypt - Economy - SN:70 - ID:10615182

    CAIRO, March 7 (MENA) - Chairman of the General Authority for Suez Canal Economic Zone (SCZONE) Walid Gamal Eddin asserted the zone is keen on boosting cooperation with the Chinese side in ports and logistics. Egypt-China relations are enjoying ....

  • Madbouli: Release of huge quantities of goods at Alexandria Port, 3 other ports 4 last Alexandria

    Date: 2024-03-07 16:56:38 GMT - Egypt - Economy - SN:61 - ID:10614841

    Prime Minister Madbouli sent a message to manufacturers in Egypt to encourage them to deepen the domestic industry and act to replace imported products worth billions of dollars by those manufactured locally. Madbouli said the cabinet agreed on ....

  • Finance Ministry: Deal sealed with IMF on policies of finalizing 1st, 2nd reviews

    Date: 2024-03-07 16:32:16 GMT - Egypt - Economy - SN:59 - ID:10615098

    CAIRO, March 7 (MENA) - The Ministry of Finance Thursday announced that Egypt and staff of the International Monetary Fund (IMF) have reached an agreement at the level of experts on policies and reforms needed to complete the first and second ....

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

    Date: 2024-03-07 16:19:51 GMT - Egypt - Economy - SN:57 - ID:10615011

    CAIRO, March 7 (MENA) - The dollar exchange rate inched down at the end of Thursday's transactions at Egypt's major banks after yesterday's rise in dollar prices by 18-20 pounds. At the National Bank of Egypt (NBE) and Banque Misr, the dollar ....

  • PM: MIDOR expansion project contributes to increasing production

    Date: 2024-03-07 15:57:54 GMT - Egypt - Economy - SN:55 - ID:10614910

    ALEXANDRIA, Egypt, March 7 (MENA) - Prime Minister Moustafa Madbouli Thursday asserted the importance of the expansion project of the Middle East Oil Refinery (MIDOR) in Alexandria that aims to increase local output of oil products and subsequently ....

  • Madbouli: Release of huge quantities of goods at Alexandria Port, 3 other ports 3 Alexandria

    Date: 2024-03-07 14:47:32 GMT - Egypt - Economy - SN:50 - ID:10614822

    Prime Minister Madbouli said the goal is to implement economic and structural reforms and encourage main sectors supporting the economy, namely the industry, agriculture, communications, information technology and tourism, create real job ....

  • Egypt bourse gains EGP 93 billion at end of week transactions

    Date: 2024-03-07 13:20:29 GMT - Egypt - Economy - SN:46 - ID:10614942

    CAIRO, March 7 (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 93 billion to register at ....

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