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Economy
- Service : English General
- Category : Economy
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Egypt bourse achieves highest records in 2023 since establishment
Date: 2023-12-23 11:12:39 GMT - Egypt - Economy - SN:22 - ID:10503546
CAIRO, Dec 23 (MENA) - Egyptian Exchange (EGX) is approaching year-end with breaking records with its indexes making huge and historic gains since its establishment. In 2023, the bourse's gains exceeded 700 billion Egyptian pounds, according to ....
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28 container ships, cargo vessels handled at Damietta Port
Date: 2023-12-22 18:01:37 GMT - Egypt - Economy - SN:39 - ID:10503026
DAMIETTA, Egypt, Dec 22 (MENA) – As many as 28 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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Par'lt approves 2 deals in sustainable transport, urban development
Date: 2023-12-22 16:10:00 GMT - Egypt - Economy - SN:33 - ID:10502828
CAIRO, Dec 22 (MENA) - The House of Representatives approved at its general session Friday two finance agreements between the Egyptian government and the Export-Import Bank of Korea and the Islamic Development Bank and its affiliated institute at a ....
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Mashat: 2.5 billion dollars value of IFC investments in Egypt over 4 years
Date: 2023-12-22 16:09:26 GMT - Egypt - Economy - SN:32 - ID:10502741
CAIRO, Dec 22 (MENA) - International Cooperation Minister Rania el Mashat asserted the deep partnership with the International Finance Corporation (IFC) is reflected in the volume of investments of the corporation, which exceed seven billion dollars ....
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Deputy housing minister, WB representatives discuss sanitation services program in six governorates
Date: 2023-12-22 11:58:51 GMT - Egypt - Economy - SN:19 - ID:10502427
CAIRO, Dec 22 (MENA) - Deputy Minister of Housing, Utilities and Urban communities for Infrastructure Affairs Sayed Ismail discussed Friday with representatives of the World Bank (WB) work progress at projects of the bank's Sustainable Rural ....
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CBE explains reasons behind keeping interest rates unchanged
Date: 2023-12-21 18:39:54 GMT - Egypt - Economy - SN:61 - ID:10501765
CAIRO, Dec 21 (MENA) - In its meeting on Thursday, the Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 19.25 percent, ....
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CBE keeps interest rates on deposits, loans unchanged
Date: 2023-12-21 17:22:10 GMT - Egypt - Economy - SN:58 - ID:10501764
CAIRO, Dec 21 (MENA) - The Central Bank of Egypt (CBE) has decided to keep the overnight deposit rate and overnight lending rate unchanged at 19.25 percent and 20.25 percent respectively. The decision was made by the CBE's Monetary Policy ....
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GASC announces 2 tenders to deliver 31K tons of soybean oil, 10.5K tons of sunflower oil
Date: 2023-12-21 16:27:42 GMT - Egypt - Economy - SN:53 - ID:10501539
CAIRO, Dec 21 (MENA) - The General Authority for Supply Commodities (GASC) has announced a tender to supply 30,000 tons of imported crude soybean oil and 10,000 tons of imported crude sunflower oil. In a statement released on Thursday, the GASC ....
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German diplomat says Damietta port project is landmark in relations with Egypt
Date: 2023-12-21 16:10:49 GMT - Egypt - Economy - SN:49 - ID:10501614
CAIRO, Dec 21 (MENA) - German Ambassador in Cairo Frank Hartmann said on Thursday Egypt's Damietta port project is a landmark in economic relations binding the two countries. The diplomat gave the remarks following the signing of an agreement ....
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Petroleum min. inspects projects of Tanta's petroleum geographic region
Date: 2023-12-21 16:08:12 GMT - Egypt - Economy - SN:47 - ID:10501377
CAIRO, Dec 21 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla on Thursday asserted the significance of the constant development of the petroleum geographic region in Tanta, in order ensure supplying oil products - including ....
