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Economy
- Service : English General
- Category : Economy
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Housing minister announces launch of foreign investmnet portal
Date: 2024-02-04 10:36:02 GMT - Egypt - Economy - SN:23 - ID:10564389
CAIRO, Feb 4 (MENA) - Minister of Housing Utilities and New Urban Communities Assem el Gazzar announced on Sunday the launch of the foreign investment portal through this link: /https://foreigninvest.newcities.gov.eg/#. The decision came in ....
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Dollar exchange rate stable at Sunday's transactions
Date: 2024-02-04 09:25:45 GMT - Egypt - Economy - SN:18 - ID:10564264
CAIRO, Feb 4 (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 30.75 for buying and EGP 30.85 for ....
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Egypt has strong economy capable of facing external crises: Public business sector min.
Date: 2024-02-03 15:51:34 GMT - Egypt - Economy - SN:42 - ID:10563672
CAIRO, Feb 3 (MENA) – Minister of Public Business Sector Mahmoud Esmat said that Egypt has a strong economy capable of facing external crises due to the diversity of resources and industries in addition to the policy supporting productive projects ....
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39 container ships, cargo vessels handled at Damietta Port
Date: 2024-02-02 15:20:22 GMT - Egypt - Economy - SN:38 - ID:10562414
DAMIETTA, Egypt, Feb 2 (MENA) – As many as 39 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on ٍFriday, the Damietta Port Authority's media center said the total trade volume of ....
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'EGYCO', 'Healthy Family' companies sign cooperation protocol in animal production field
Date: 2024-02-02 12:56:37 GMT - Egypt - Economy - SN:26 - ID:10562096
CAIRO, Feb 2 (MENA) - The Ministry of Public Business Sector announced that El Nasr Company for Buildings and Construction (EGYCO) signed a cooperation and partnership protocol with "Healthy Family" Co. to set up a project for agricultural ....
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CBE raises key interest rates due to inflation, Red Sea trade disruptions
Date: 2024-02-01 19:31:43 GMT - Egypt - Economy - SN:82 - ID:10561481
CAIRO, Feb 1 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to raise overnight deposit rate, overnight lending rate, and the rate of the main operation by 200 basis points to 21.25 percent, 22.25 percent, and ....
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CBE raises key interest rates by 200 BPS
Date: 2024-02-01 19:21:01 GMT - Egypt - Economy - SN:81 - ID:10561484
CAIRO, Feb 1 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to raise overnight deposit rate, overnight lending rate, and the rate of the main operation by 200 basis points to 21.25 percent, 22.25 percent, and ....
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Proceeds from new saving certificates hit EGP 200 bln: Banque Misr head
Date: 2024-02-01 18:46:57 GMT - Egypt - Economy - SN:78 - ID:10561318
CAIRO, Feb 1 (MENA) – Chairman of Banque Misr Mohamed el Etreby said on Thursday proceeds from the bank's sale of saving certificates with annual yields of 23.5 percent and 27 percent have amounted to EGP 200 billion so far. In statements to ....
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Egypt qualified to be green hydrogen production hub at regional, int'l levels: official
Date: 2024-02-01 18:29:35 GMT - France - Economy - SN:76 - ID:10561168
PARIS, Feb 1 (MENA) - Minister Plenipotentiary Sayed Fouad, the head of the Egyptian economic and commercial office in Paris, said Egypt is qualified to become a hub for green hydrogen production at the regional and international levels. He made ....
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MCIT: Telecom Egypt signs deal with Hungary's 4IG to extend submarine cable to Albania, then Balkans and central Europe
Date: 2024-02-01 18:24:13 GMT - Egypt - Economy - SN:75 - ID:10561316
CAIRO, Feb 1 (MENA) - The Egyptian Telecommunication Company "Telecom Egypt" has signed a commercial agreement with the Hungarian 4IG Group to establish a direct international link by constructing the first submarine cable connecting Egypt to ....
