Economy

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  • Category : Economy
  • Mohamed Abu Mousa appointed CBE assistant governor

    Date: 2023-11-26 21:01:29 GMT - Egypt - Economy - SN:79 - ID:10461157

    CAIRO, Nov 26 (MENA) – The Central Bank of Egypt (CBE) said Mohamed Abu Mousa, who had been serving as the First Sub Governor of Banking Supervision Unit, was appointed as the bank's assistant governor, a recently-introduced position. With over ....

  • Global (1): "Silk Road Artists' Rendezvous" Unveiled in East China's Hangzhou

    Date: 2023-11-26 20:10:54 GMT - China - Economy - SN:73 - ID:10461180

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================= HANGZHOU, China, Nov. 26, 2023 /PRNewswire/ -- Eighty-four artists from 83 countries started ....

  • Sisi reappoints Hassan Abdullah as acting CBE governor for one year

    Date: 2023-11-26 20:03:54 GMT - Egypt - Economy - SN:70 - ID:10461094

    CAIRO, Nov 26 (MENA) – President Abdel Fattah El Sisi issued Decree No. 551/2023 constituting the Central Bank of Egypt's (CBE) board of directors under Hassan Abdullah as Acting CBE Governor for a single-year term to start from November 27th, ....

  • MAF Group plans to inject $1 bln of new investments in Egypt soon: CEO

    Date: 2023-11-26 19:28:07 GMT - Egypt - Economy - SN:69 - ID:10461038

    CAIRO, Nov 26 (MENA) – Majid Al Futtaim (MAF) Group plans to inject up to $1 billion worth of new investments in Egypt over the period ahead, CEO of Majid Al Futtaim – Holding Ahmed Galal Ismail said Sunday. Earlier on Sunday, Prime Minister ....

  • EGX indexes show mixed performance

    Date: 2023-11-26 13:26:17 GMT - Egypt - Economy - SN:44 - ID:10460618

    CAIRO, Nov 26 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Sunday's trading session amid relative portfolio restructuring operations. The market capital reached 1.702 trillion pounds after transactions that ....

  • Int'l cooperation min.: IFAD key development partner, funded 14 projects worth $ 1.1bn

    Date: 2023-11-26 13:25:58 GMT - Egypt - Economy - SN:43 - ID:10460445

    CAIRO, Nov 26 (MENA) - Minister of International Cooperation Rania al Mashat Sunday underlined the significance of sustainable development and the decisive role of the private sector in handling the climate change issue, specially amid transition to ....

  • Petroleum Ministry: New lab for examining gold opens in Eastern Desert

    Date: 2023-11-26 12:30:53 GMT - Egypt - Economy - SN:37 - ID:10460298

    CAIRO, Nov 26 (MENA) – Minister of Petroleum and Mineral Resources Tarek el Molla has inaugurated a new laboratory for testing samples extracted from gold ores and metal existing in soil and rocks in the Eastern Desert. The development of the ....

  • AFD: Egyptian expertise in comprehensive health insurance deserves attention, support

    Date: 2023-11-26 10:52:45 GMT - Egypt - Economy - SN:25 - ID:10460104

    CAIRO, Nov 26 (MENA) - Minister of Finance Mohamed Maait said the Egyptian expertise in applying the comprehensive health insurance system focuses on the right of each citizen and his family to obtain health insurance from any certified health ....

  • Dollar rates stable at start of Sunday's transactions in Egypt's major banks

    Date: 2023-11-26 08:41:05 GMT - Egypt - Economy - SN:15 - ID:10460005

    CAIRO, Nov 26 (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 ....

  • Petroleum Ministry: New contract for gold exploration worth dlrs 2.5 mn inked

    Date: 2023-11-26 08:24:39 GMT - Egypt - Economy - SN:14 - ID:10459950

    CAIRO, Nov 26 (MENA) - The Ministry of Petroleum & Mineral Resources said Egyptian Mineral Resources Authority (EMRA) and Lotus Gold Corporation signed a new contract for gold exploration worth dlrs 2.5 mn. In a statement issued Sunday the ....

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