Economy
- Service : English General
- Category : Economy
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CBE: Annual inflation declines to 34.2% in December
Date: 2024-01-10 17:33:20 GMT - Egypt - Economy - SN:54 - ID:10528260
CAIRO, Jan 10 (MENA) - Egypt's annual core inflation rate declined to 34.2 percent in December 2023 from 35.9 percent in November, according to the the Central Bank of Egypt on Wednesday. The central bank said the overall consumer price index for ....
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Samir: Trade exchange with Bahrain hit dlrs 379 m in 9 months in 2023
Date: 2024-01-10 15:02:54 GMT - Egypt - Economy - SN:40 - ID:10527771
CAIRO, Jan 10 (MENA) - Trade Minister Ahmed Samir said the volume of trade exchange between Egypt and Bahrain hit dlrs 379 million from January to September in 2023. The exchange trade includes vegetables, fruits, furniture, iron and ....
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EGX indexes show mixed performance
Date: 2024-01-10 14:52:59 GMT - Egypt - Economy - SN:34 - ID:10527773
CAIRO, Jan 10 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading amid sales by foreign investment funds and Egyptian investors. The market capital reached 1.775 trillion pounds after transactions ....
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Egypt exports of readymade clothes worth $2.2bn in 2023 -- Official
Date: 2024-01-10 13:31:53 GMT - Egypt - Economy - SN:31 - ID:10527424
CAIRO, Jan 10 (MENA) – President of the Readymade of the Garment Export Council Marie Louis Bishara said Wednesday that exports of the sector have totaled about 2.2 billion dollars in the period between January and November 2023. Exports to the ....
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PM attends inking of wind energy project worth $1.5bn
Date: 2024-01-10 11:18:57 GMT - Egypt - Economy - SN:18 - ID:10527331
CAIRO, Jan 10 (MENA) – Prime Minister Moustafa Madbouli Wednesday attended the inking of a usufruct agreement between the New and Renewable Energy Authority (NREA) and a consortium led by ACWA Power to produce 1.1 GW of wind energy from the Gulf of ....
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Trade min. partakes in 4th meeting of Higher Committee for Integrated Industrial Partnership for Sustainable Economic Development in Bahrain
Date: 2024-01-10 10:20:41 GMT - Egypt - Economy - SN:14 - ID:10527201
CAIRO, Jan 10 (MENA) - Minister of Trade and Industry Ahmed Samir is leading the Egyptian delegation partaking in the 4th meeting of the Higher Committee for Integrated Industrial Partnership for Sustainable Economic Development, to open in Bahrain ....
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CAPMAS: Annual inflation declines to 35.2% in December
Date: 2024-01-10 09:56:00 GMT - Egypt - Economy - SN:12 - ID:10527192
CAIRO, Jan 10 (MENA) - Egypt's annual core inflation rate declined to 35.2 percent in December 2023 from 36.4 percent in November, according to the the Central Agency for Public Mobilization and Statistics (CAPMAS) on Wednesday. CAPMAS said in a ....
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Irrigation min. : 37,000 km of agricultural drainage network cleared annually
Date: 2024-01-10 09:26:33 GMT - Egypt - Economy - SN:11 - ID:10527189
CAIRO, Jan 10 (MENA) - Minister of Irrigation añd Water Resources Hani Sewilam said Wednesday the agricultural drainage network that extends to up to 22,000 km is cleared twice a year. This came as the minister received a report from Engineer ....
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Dollar prices stable at start of Wednesdays' transactions
Date: 2024-01-10 08:41:28 GMT - Egypt - Economy - SN:10 - ID:10527121
CAIRO, Jan 10 (MENA) - The dollar exchange rate was stable at the start of Wednesday'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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GASC buys 420,000 tons of Ukrainian, Russian wheat in international tender
Date: 2024-01-09 19:15:10 GMT - Egypt - Economy - SN:71 - ID:10526749
CAIRO, Jan 9 (MENA) – The General Authority for Supply Commodities (GASC) has bought 420,000 tons of Ukrainian and Russian wheat in an international tender. In a statement Tuesday, GASC said the step forms part of its strategy to enhance its ....