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Economy
- Service : English General
- Category : Economy
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CBE: Net int'l reserves reaches $46.3bn end of June
Date: 2024-07-07 11:19:12 GMT - Egypt - Economy - SN:26 - ID:10774822
CAIRO, July 7 (MENA) - The net international reserves reached 46.3 billion dollars by the end of June 2024, rising some 258 million on May of the same year, the Central Bank of Egypt (CBE) said Sunday. International reserves are considered an ....
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PM underscores imp. role of Investment Ministry in current stage
Date: 2024-07-07 10:38:33 GMT - Egypt - Economy - SN:20 - ID:10774761
CAIRO, July 7 (MENA) – Prime Minister Moustafa Madbouli has stressed the importance of the role played by the Investment and Foreign Trade Ministry in attracting more foreign direct investments (FDIs) and encouraging the private sector in order to ....
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Dollar exchange rate stable at start of week's transactions
Date: 2024-07-07 10:09:29 GMT - Egypt - Economy - SN:17 - ID:10774644
CAIRO, July 7 (MENA) - The dollar exchange rate was stable on Sunday at the start of this week's transactions at Egypt's major banks. At the National Bank of Egypt, Banque Misr, Arab African International Bank, United Bank of Egypt, Egyptian ....
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Egypt's Bourse: Thursday holiday on occasion of new Hijri year
Date: 2024-07-07 09:45:41 GMT - Egypt - Economy - SN:15 - ID:10774642
CAIRO, July 7 (MENA) - The Egyptian Exchange (EGX) announced that it will be off on Thursday, July 11 on the occasion of the new Hijri year 1446. The EGX, in a statement issued on Sunday, said transactions at the stock market would be resumed as ....
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Egypt’s non-oil trade deficit decreases 22.9%, during 1stQ of 2024
Date: 2024-07-07 08:40:21 GMT - Egypt - Economy - SN:13 - ID:10774570
CAIRO, July 7 (MENA) - Egypt’s non-oil trade deficit reached $6.4 billion during the first quarter of 2024, compared to about $8.3 billion during the same period of the previous year. This decrease of 22.9 percent is due to the decrease in the ....
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Arab economic unity council recommends cooperation with BRICS group
Date: 2024-07-07 07:36:27 GMT - Egypt - Economy - SN:10 - ID:10774468
CAIRO, July 7 (MENA) - The Council of Arab Economic Unity underlined the importance of cooperation with the BRICS group given its global economic weight. This came in recommendations issued by the 59th regular meeting of the specialized unions ....
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3,350 head of cattle arrive at Safaga port from Djibouti
Date: 2024-07-06 17:41:43 GMT - Egypt - Economy - SN:67 - ID:10774046
HURGHADA, Egypt, July 6 (MENA) - As many as 3,350 head of cattle arrived at Safaga port on Saturday coming from Djibouti, the Red Sea Ports Authority media center said. The cattle shipment was checked at the veterinary quarantine department in ....
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Egypt receives first cattle shipment from Somalia
Date: 2024-07-06 15:05:20 GMT - Egypt - Economy - SN:53 - ID:10773727
CAIRO, July 6 (MENA) - Chairman of the African livestock and camels importer association Ahmed Hassan Hafiz said Egypt received the first shipment of livestock coming from Somalia carrying 1,500 head of cattle. In press statements on Saturday, he ....
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CBE: Bank finance portfolios for MSMEs grew by 362% in 6 years
Date: 2024-07-05 17:02:04 GMT - Egypt - Economy - SN:47 - ID:10772852
CAIRO, July 5 (MENA) – The Central Bank of Egypt (CBE) announced that banks' finance portfolios for micro, small, and medium-sized enterprises (MSMEs) grew by 362% in six years (December 2015 to December 2023). In a report obtained by MENA on the ....
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Arab Contractors' board chairman to MENA: Rapid infrastructure development in Egypt over past 10 years
Date: 2024-07-05 15:07:09 GMT - Algeria - Economy - SN:45 - ID:10772728
ALGIERS, July 5 (MENA) - Chairman of the Board of Directors of the Arab Contractors for Facility Management (ACFM) Mohamed Mandour lauded the rapid development in the infrastructure and utilities that took place in Egypt over the past 10 years, ....
