Economy

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  • Category : Economy
  • Planning min.: Plans to achieve growth rate of 4.2% in FY 2023/2024

    Date: 2023-11-02 17:52:23 GMT - Egypt - Economy - SN:74 - ID:10423095

    CAIRO, Nov 2 (MENA) - Minister of Planning and Economic Development Hala Elsaid on Thursday said that the annual economic growth rate throughout fiscal year 2022-2023 recorded nearly 3.8 percent, despite the persistent global challenges as well as ....

  • Italian footwear company Cofra to build €10 mln factory in Egypt

    Date: 2023-11-02 15:06:18 GMT - Egypt - Economy - SN:62 - ID:10422689

    CAIRO, Nov 2 (MENA) - Trade and Industry Minister Ahmed Samir asserted the ministry's utmost keenness on offering all forms of support to serious companies that want to pump genuine investments in the Egyptian market. The move is meant to transfer ....

  • National Organization for Social Insurance buys HHD’s Heliopark for EGP 15 billion

    Date: 2023-11-02 13:24:27 GMT - Egypt - Economy - SN:52 - ID:10422853

    CAIRO, Nov 2 (MENA) - The National Organization for Social Insurance (NOSI) signed a 15-billion-pound contract with the Heliopolis Company For Housing & Development (HHD) to buy the Heliopark project covering an area of ​​1695 acres on the Suez ....

  • Global (6): Xanadu and Hamad Bin Khalifa University (HBKU) partner to develop a quantum workforce in Qatar

    Date: 2023-11-02 13:03:45 GMT - Canada - Economy - SN:50 - ID:10422789

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================ Partnership aims to advance quantum education and training in the country and wider ....

  • Egypt bourse indexes post collective gains

    Date: 2023-11-02 12:57:07 GMT - Egypt - Economy - SN:49 - ID:10422785

    CAIRO, Nov 2 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading sessions, backed by purchases by Investment funds and local and foreign institutions. The market capital gained about EGP 15 billion ....

  • Global (5): Xinhua Silk Road: 2023 China (Zhejiang) Forum on China-Africa to be held in E. China's Jinhua

    Date: 2023-11-02 11:02:01 GMT - China - Economy - SN:36 - ID:10422503

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================ Xinhua Silk Road: 2023 China (Zhejiang) Forum on China-Africa Economic and Trade Relations to be ....

  • Global (4): CGTN:How China will expand financial opening-up after key meeting

    Date: 2023-11-02 10:17:04 GMT - China - Economy - SN:30 - ID:10422321

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================ BEIJING, Nov. 2, 2023 /PRNewswire/ -- A key financial meeting was held in Beijing on Monday and ....

  • Dollar prices stable at major Egyptian banks

    Date: 2023-11-02 09:23:32 GMT - Egypt - Economy - SN:27 - ID:10422132

    CAIRO, Nov 2 (MENA) – The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Thursday’s transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP ....

  • Finance min.: Egypt issues second Samurai bonds of $0.5b value

    Date: 2023-11-02 08:23:26 GMT - Egypt - Economy - SN:20 - ID:10421985

    CAIRO, Nov 2 (MENA) – Finance Minister Mohamed Maait said Egypt has managed to make a comeback to international markets with the second issuance of the Japanese yen-denominated Samurai bonds worth at 75 billion Japanese yen; equivalent to $0.5 ....

  • Global (3): imo Elevates User Security in Recognition of Cybersecurity Awareness Month

    Date: 2023-11-02 07:36:45 GMT - Kingdom of Saudi Arabia - Economy - SN:13 - ID:10421957

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================ RIYADH, Saudi Arabia, Nov. 2, 2023 /PRNewswire/ -- imo, the popular instant messaging app, has ....

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