Economy

  • Service : English General
  • Category : Economy
  • Bourse posts collective gains at end of Sunday's transactions

    Date: 2024-01-21 13:09:07 GMT - Egypt - Economy - SN:31 - ID:10543642

    CAIRO, Jan 21 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session backed by purchases of Egyptian and foreign investment funds. The market capital gained about EGP 75 billion to register at ....

  • Finance ministry: Treasury supports employees in governorates' private funds with EGP 2.2 bn within 9 months

    Date: 2024-01-21 11:47:45 GMT - Egypt - Economy - SN:22 - ID:10543202

    CAIRO, Jan 21 (MENA) - Minister of Finance Mohamed Maait said the State’s public treasury bore EGP 2.2 bn in support of salaries of workers in the governorates’ private funds covering nine months within the period starting from last July until next ....

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

    Date: 2024-01-21 07:49:51 GMT - Egypt - Economy - SN:10 - ID:10543018

    CAIRO, Jan 21 (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 ....

  • 14,000 tons of goods handled at Red Sea Ports

    Date: 2024-01-21 07:20:39 GMT - Egypt - Economy - SN:7 - ID:10542984

    HURGHADA, Egypt, Jan 21 (MENA) - About 14,000 tons of goods were handled at different Red Sea harbors Sunday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 5,500 tons of goods, 542 trucks and 106 cars, ....

  • 36 container ships, cargo vessels handled at Damietta Port

    Date: 2024-01-20 18:12:01 GMT - Egypt - Economy - SN:51 - ID:10542645

    DAMIETTA, Egypt, Jan 20 (MENA) – As many as 36 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Saturday, the Damietta Port Authority's media center said the total trade volume ....

  • Efforts underway to expand aircraft, ship catering services at Egyptian ports: minister

    Date: 2024-01-19 14:42:57 GMT - Egypt - Economy - SN:34 - ID:10540525

    CAIRO, Jan 19 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla has directed officials of the Misr Petroleum and Cooperation Petroleum companies to proceed with development works to keep pace with modernity, provide distinguished ....

  • Egypt’s market among best markets in data growth - Telecom Egypt

    Date: 2024-01-18 21:19:16 GMT - Egypt - Economy - SN:67 - ID:10540148

    CAIRO, Jan 18 (MENA) – Managing Director and Chief Executive Officer at Telecom Egypt Mohamed Nasr said that Egypt’s market is considered as one of the best markets in data growth due to the increase in population especially youth. In statements ....

  • SCZONE lays foundation stone of Chinese factory in Sokhna

    Date: 2024-01-18 19:15:59 GMT - Egypt - Economy - SN:60 - ID:10539736

    SOKHNA/SUEZ, Egypt, Jan 18 (MENA) – The General Authority for Suez Canal Economic Zone (SCZONE) announced on Thursday that the foundation stone of a Chinese factory for manufacturing home appliances has been laid in the prominent modernized ....

  • BM chairman: Proceeds of new saving certificates exceed EGP 135bn

    Date: 2024-01-18 17:51:04 GMT - Egypt - Economy - SN:55 - ID:10539975

    CAIRO, Jan 18 (MENA) - Mohamed El Atreby, the Chairman of Banque Misr, Thursday said that proceeds from his bank’s sale of certificates with 23.5% returns, disbursed monthly, and 27% annually, amounted to EGP 135 billion at the end of working hours ....

  • Finance minister: Public budget saw balanced performance in first half of current FY

    Date: 2024-01-18 16:56:39 GMT - Egypt - Economy - SN:52 - ID:10539872

    CAIRO, Jan 18 (MENA) - Finance Minister Mohamed Maait said the public budget saw a balanced performance in the first half of the current fiscal year (FY) 2023-2024, which covers the period starting from July till December 2023. In a statement ....

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