Economy

  • Service : English General
  • Category : Economy
  • 39 container ships, cargo vessels handled at Damietta Port

    Date: 2024-02-02 15:20:22 GMT - Egypt - Economy - SN:38 - ID:10562414

    DAMIETTA, Egypt, Feb 2 (MENA) – As many as 39 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 ....

  • 'EGYCO', 'Healthy Family' companies sign cooperation protocol in animal production field

    Date: 2024-02-02 12:56:37 GMT - Egypt - Economy - SN:26 - ID:10562096

    CAIRO, Feb 2 (MENA) - The Ministry of Public Business Sector announced that El Nasr Company for Buildings and Construction (EGYCO) signed a cooperation and partnership protocol with "Healthy Family" Co. to set up a project for agricultural ....

  • CBE raises key interest rates due to inflation, Red Sea trade disruptions

    Date: 2024-02-01 19:31:43 GMT - Egypt - Economy - SN:82 - ID:10561481

    CAIRO, Feb 1 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to raise overnight deposit rate, overnight lending rate, and the rate of the main operation by 200 basis points to 21.25 percent, 22.25 percent, and ....

  • CBE raises key interest rates by 200 BPS

    Date: 2024-02-01 19:21:01 GMT - Egypt - Economy - SN:81 - ID:10561484

    CAIRO, Feb 1 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to raise overnight deposit rate, overnight lending rate, and the rate of the main operation by 200 basis points to 21.25 percent, 22.25 percent, and ....

  • Proceeds from new saving certificates hit EGP 200 bln: Banque Misr head

    Date: 2024-02-01 18:46:57 GMT - Egypt - Economy - SN:78 - ID:10561318

    CAIRO, Feb 1 (MENA) – Chairman of Banque Misr Mohamed el Etreby said on Thursday proceeds from the bank's sale of saving certificates with annual yields of 23.5 percent and 27 percent have amounted to EGP 200 billion so far. In statements to ....

  • Egypt qualified to be green hydrogen production hub at regional, int'l levels: official

    Date: 2024-02-01 18:29:35 GMT - France - Economy - SN:76 - ID:10561168

    PARIS, Feb 1 (MENA) - Minister Plenipotentiary Sayed Fouad, the head of the Egyptian economic and commercial office in Paris, said Egypt is qualified to become a hub for green hydrogen production at the regional and international levels. He made ....

  • MCIT: Telecom Egypt signs deal with Hungary's 4IG to extend submarine cable to Albania, then Balkans and central Europe

    Date: 2024-02-01 18:24:13 GMT - Egypt - Economy - SN:75 - ID:10561316

    CAIRO, Feb 1 (MENA) - The Egyptian Telecommunication Company "Telecom Egypt" has signed a commercial agreement with the Hungarian 4IG Group to establish a direct international link by constructing the first submarine cable connecting Egypt to ....

  • CAPMAS: Trade exchange between Egypt, Libya hit $1.7 billion in 1st 11 months of 2023

    Date: 2024-02-01 16:38:02 GMT - Egypt - Economy - SN:63 - ID:10561158

    CAIRO, Feb 1 (MENA) - The volume of trade exchange between Egypt and Libya was up 42% in the first 11 months of 2023 to hit $1.7 billion, compared to $1.2 billion in the same period in 2022, according to statistics by the Egyptian Central Agency for ....

  • Health minister chairs joint committee meeting to set priorities for medical imports

    Date: 2024-02-01 16:30:53 GMT - Egypt - Economy - SN:60 - ID:10561110

    CAIRO, Feb 1 (MENA) - Minister of Health and Population Khaled Abdel Ghaffar Thursday chaired a meeting of a joint committee specifically established to set priorities of importing medications, medical supplies and materials needed for manufacturing ....

  • Bourse gains EGP 43 bn, all indexes up

    Date: 2024-02-01 13:33:35 GMT - Egypt - Economy - SN:43 - ID:10560914

    CAIRO, Feb 1 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, after they recorded a sharp decline in Wednesday's trading session. The market capital gained about EGP 43 billion to ....

Middle East News Agency © - designed and developed : GCSSD