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Economy
- Service : English General
- Category : Economy
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Bourse indexes down at close of Tuesday's trading session
Date: 2023-12-26 14:08:50 GMT - Egypt - Economy - SN:31 - ID:10507689
CAIRO, Dec 26 (MENA) - Egyptian Exchange (EGX) indexes declined at the close of Tuesday's trading session, on the back of sales by Egyptian, Arab and foreign investors. The session saw buying operations by Arab, local and foreign ....
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Minister: Egypt's wheat deal with UAE's Al Dahra to be referred to parliament next week
Date: 2023-12-26 13:26:56 GMT - Egypt - Economy - SN:27 - ID:10507407
FAYYOUM, Egypt, Dec 26 (MENA) - Minister of Supply and Internal Trade Ali Moselhi said that Egypt's loan agreement that was signed with UAE's Al Dahra Company with a value of dlrs 500 million in August to supply Cairo with wheat for a five-year ....
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Private sector would be "locomotive" to economic recovery in 2024: Finance min.
Date: 2023-12-26 10:31:30 GMT - Egypt - Economy - SN:17 - ID:10507132
CAIRO, Dec 26 (MENA) – Finance Minister Mohamed Maait asserted that the Egyptian economy was resilient in front of the repercussions of the global crises and their cruel impact within the past years starting from coronavirus pandemic and ....
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CBE says 4.7 million microentrepreneurs received finance of EGP 78 bn till June 2023
Date: 2023-12-25 14:52:17 GMT - Egypt - Economy - SN:28 - ID:10506184
CAIRO, Dec 25 (MENA) - The Central Bank of Egypt (CBE) announced that some 4.7 million microentrepreneurs received a finance of EGP 78.3 billion till June 2023 compared to a finance of EGP 6.4 billion for two million microentrepreneurs in December ....
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Egypt bourse gains EGP 15 billion
Date: 2023-12-25 14:43:13 GMT - Egypt - Economy - SN:24 - ID:10506274
CAIRO, Dec 25 (MENA) - The Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading sessions, backed by purchases by Arab and foreign institutions and investment funds, against sales by local institutions. The ....
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Dollar prices stable at major Egyptian banks
Date: 2023-12-25 09:21:11 GMT - Egypt - Economy - SN:8 - ID:10505716
CAIRO, Dec 25 (MENA) - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Monday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP ....
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Egypt prioritizes localization of renewable energy components - PM
Date: 2023-12-24 18:58:49 GMT - Egypt - Economy - SN:54 - ID:10505302
CAIRO, Dec 24 (MENA) - Egypt prioritizes localizing component industries for renewable energy projects to increase reliance on clean energy sources, Prime Minister Mostafa Madbouli said Sunday. Madbouli chaired a meeting with officials from China ....
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Dollar rate stable at start of Sunday's transactions in Egypt's major banks
Date: 2023-12-24 08:44:35 GMT - Egypt - Economy - SN:13 - ID:10504428
CAIRO, Dec 24 (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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GAFI trains cadres of 18 African countries on investment promotion mechanisms
Date: 2023-12-23 13:16:47 GMT - Egypt - Economy - SN:36 - ID:10503770
CAIRO, Dec 23 (MENA) - The General Authority for Investment and Free Zones (GAFI) in cooperation with the Egyptian Agency of Partnership for Development in the Foreign Ministry organized Saturday a training program for administrative cadres in ....
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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 ....
