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Economy
- Service : English General
- Category : Economy
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Madbouli arrives at Alexandria Port to oversee release of goods
Date: 2024-03-07 10:42:50 GMT - Egypt - Economy - SN:26 - ID:10614533
ALEXANDRIA, March 7 (MENA) - Prime Minister Mostafa Madbouli arrived at Alexandria Port Thursday to supervise the process of releasing goods in implementation of directives of President Abdel Fattah El Sisi to follow up on progress of the release ....
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Egypt's bourse announces shorter trading hours during Ramadan
Date: 2024-03-07 10:08:22 GMT - Egypt - Economy - SN:21 - ID:10614515
CAIRO, March 7 (MENA) - Egypt's Exchange decided to shorten daily trading hours to three hours and a half during the holy fasting month of Ramadan. The bourse said trading session of listed securities (Main Market) and Small & Medium Enterprises ....
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Dollar exchange rate stable at beginning of Thursday's transactions
Date: 2024-03-07 08:24:30 GMT - Egypt - Economy - SN:11 - ID:10614295
CAIRO, March 7 (MENA) - The dollar exchange rate was stable at the start 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 ....
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CBE governor confirms sufficient foreign currency to secure Egypt's obligations - 6 last Cairo
Date: 2024-03-06 22:58:36 GMT - Egypt - Economy - SN:87 - ID:10614057
While loan-to-deposit ratio reached 54 per cent, interest rate on assets is now 1.2 per cent, Deputy CBE Governor in charge of Banking Stability Tarek Elkholy said, noting that the recent measures adopted by the CBE are critical for unifying the ....
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CBE governor confirms sufficient foreign currency to secure Egypt's obligations - 5 Cairo
Date: 2024-03-06 21:55:08 GMT - Egypt - Economy - SN:84 - ID:10614042
Meanwhile, Deputy CBE Governor in charge of Financial Stability Rami Aboulnaga said the Egyptian economy has all what it takes to rank among major emerging economies and lure FDIs as well as domestic investments. It has been our main job over ....
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CBE governor confirms sufficient foreign currency to honor Egypt's obligations, 4 Cairo
Date: 2024-03-06 21:34:46 GMT - Egypt - Economy - SN:83 - ID:10614041
Deputy governor of the CBE Ramy Abul Naga said that the decisions made today are meant to restore confidence in the Egyptian economy and stabilize prices in the medium term. He said that the government will be working in the coming stage to ....
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GASC announces tender to purchase imported wheat
Date: 2024-03-06 21:19:20 GMT - Egypt - Economy - SN:81 - ID:10614021
CAIRO, March 6 (MENA) - The General Authority for Supply Commodities (GASC) has announced a tender for the purchase of imported wheat on a free-on-board (FOB) basis. The wheat shipment is set to arrive during the period from May 1 to 10, GASC ....
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CBE governor confirms sufficient foreign currency to secure Egypt's obligations 3 Cairo
Date: 2024-03-06 20:59:07 GMT - Egypt - Economy - SN:77 - ID:10614039
The CBE governor said some traders blamed the current increase in the prices of goods on their inability to get dollar, adding that prices will be stabilized after pumping large quantities of cash into the banking system. He made clear that ....
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CBE governor confirms sufficient foreign currency to honor Egypt's obligations, 2 Cairo
Date: 2024-03-06 20:52:20 GMT - Egypt - Economy - SN:76 - ID:10614010
The CBE governor said that having two exchange rates could be the biggest threat to citizens, warning that in that case the black market will include all the commodities, which will, likewise, have two prices. The Egyptian state has been working ....
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Egypt presses for strengthened regional integration
Date: 2024-03-06 20:18:13 GMT - Egypt - Economy - SN:74 - ID:10613988
CAIRO, March 6 (MENA) – Assistant Finance Minister Ashraf Sultan has stressed the need to strengthen regional integration and cooperation. It is important to support the development of sustainable and comprehensive infrastructure, Sultan said in ....
