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Economy
- Service : English General
- Category : Economy
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IFC says $1.5bn allocated for Egypt in 2023
Date: 2023-12-17 13:08:35 GMT - Egypt - Economy - SN:49 - ID:10494464
CAIRO, Dec 17 (MENA) - Sérgio Pimenta, Vice President of the International Finance Cooperation for Africa, said Sunday that the IFC had put some 1.5 billion dollars worth of private sector investment in Egypt in 2023. Addressing a conference ....
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Development finance makes up 16% of Egypt foreign debt, says minister
Date: 2023-12-17 12:27:59 GMT - Egypt - Economy - SN:47 - ID:10494433
ADMINISTRATIVE CAPITAL, Dec 17 (MENA) – International Cooperation Minister Rania el Mashaat said Sunday that development finance makes up about 16 percent of Egypt’s foreign debt. Speaking in a conference to review her Ministry’s annual report, ....
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Big part of EIB investment portfolio goes to private sector -- Official
Date: 2023-12-17 11:27:52 GMT - Egypt - Economy - SN:42 - ID:10494308
ADMINISTRATIVE CAPITAL, Dec 17 (MENA) – Head of the European Investment Bank regional office in North Africa and the Near East Guido Clary said Sunday that a big part of an EIB investment portfolio worth 7 billion euros goes to the private sector ....
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Soft finances offered to private sector in 2020-2023 amount to $10.3 bn, says minister
Date: 2023-12-17 10:59:58 GMT - Egypt - Economy - SN:37 - ID:10494284
ADMINISTRATIVE CAPITAL, Dec 17 (MENA) – International Cooperation Minister Rania el Mashaat said Sunday that the private sector received 10.3 billion dollars worth of soft finances in the period between 2020 and 2023. She put the number of ....
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IDSC: 10.7 % reduction in value of non-petroleum trade deficit in 3rd quarter in 2023
Date: 2023-12-17 09:32:44 GMT - Egypt - Economy - SN:27 - ID:10494100
CAIRO, Dec 17 (MENA) - The cabinet's media center highlighted a reduction by 15% in the non-petroleum trade deficit during the third quarter of 2023 to hit 9.1 billion dollars, compared to the same quarter in 2022 that recorded 10.7 billion ....
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Dollar rates stable at start of Sunday's transactions in Egypt's major banks
Date: 2023-12-17 08:17:07 GMT - Egypt - Economy - SN:19 - ID:10493966
CAIRO, Dec 17 (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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Public business min. follows up progress of drug industry modernization plan
Date: 2023-12-16 17:45:12 GMT - Egypt - Economy - SN:66 - ID:10493535
CAIRO, Dec 16 (MENA) – Minister of Public Business Sector Ahmed Esmat said the State is keen on taking all the measures needed to provide an adequate infrastructure and legal framework for the pharmaceutical industry, while capitalizing on the ....
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Gov't inks coop. protocol with Banque Misr for youth, women economic empowerment
Date: 2023-12-16 15:09:49 GMT - Egypt - Economy - SN:49 - ID:10493181
CAIRO, Dec 16 (MENA) - Minister of Social Solidarity Nivine Al Kabbag and Banque Misr Chairman Mohamed El Etreby signed Saturday a cooperation protocol to support economic empowerment projects for women and youth living in six villages covered by ....
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ICT minister lauds fruitful partnership with UNDP
Date: 2023-12-15 22:18:20 GMT - Egypt - Economy - SN:60 - ID:10492469
CAIRO, Dec 15 (MENA) - Minister of Communications and Information Technology Amr Talaat lauded the fruitful partnership with the United Nations Development Program (UNDP), which resulted in implementing successful development projects and ....
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IFC vice president for Africa to visit Egypt
Date: 2023-12-15 17:44:32 GMT - Egypt - Economy - SN:54 - ID:10492435
CAIRO, Dec 15 (MENA) - Sérgio Pimenta, IFC’s Vice President for Africa, will visit Egypt on Sunday to highlight IFC’s commitment to supporting Egypt’s economic development through expanding the private sector’s participation in the ....
