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Economy
- Service : English General
- Category : Economy
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Dollar rates stable at start of Monday's transactions in Egypt's major banks
Date: 2023-12-18 08:21:02 GMT - Egypt - Economy - SN:12 - ID:10495351
CAIRO, Dec 18 (MENA) - The dollar exchange rate was stable at the start of Monday'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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GIZ, Education Ministry sign cooperation protocol
Date: 2023-12-17 18:40:57 GMT - Egypt - Economy - SN:73 - ID:10494716
CAIRO, Dec 17 (MENA) – The Chamber of Engineering Industries (CEI) signed a cooperation protocol with The German Institute for International Cooperation (Deutsche Gesellschaft fur Internationale Zusammenarbeit "GIZ"), the Ministry of Education, and ....
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PM reviews trade exchange plans with African countries
Date: 2023-12-17 16:51:30 GMT - Egypt - Economy - SN:63 - ID:10494744
CAIRO, Dec 17 (MENA) - Prime Minister Mostafa Madbouli has reviewed proposals to boost trade exchange with African countries, within a framework of President Abdel Fattah El Sisi’s directives to the government. Minister of Trade and Industry ....
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Navigation movement regular at Suez Canal, 77 ships carrying 4mn tons crossed: SCA head
Date: 2023-12-17 15:00:32 GMT - Egypt - Economy - SN:59 - ID:10494672
ISMAILIA, Egypt, Dec 17 (MENA) - Admiral Osama Rabie, the Chairman of the Suez Canal Authority (SCA), asserted that the maritime movement at the waterway is currently normal, as the authority is closely following up tension in the Red Sea and its ....
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Bourse posts collective gains, all indexes up
Date: 2023-12-17 14:26:28 GMT - Egypt - Economy - SN:58 - ID:10494546
CAIRO, Dec 17 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session, backed by purchases by Egyptian and foreign and investment funds. The market capital gained about EGP nine billion to close ....
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IFC says $1.5bn allocated for Egypt in 2023
Date: 2023-12-17 13:08:35 GMT - Egypt - Economy - SN:49 - ID:10494464
CAIRO, Dec 17 (MENA) - Sérgio Pimenta, Vice President of the International Finance Cooperation for Africa, said Sunday that the IFC had put some 1.5 billion dollars worth of private sector investment in Egypt in 2023. Addressing a conference ....
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Development finance makes up 16% of Egypt foreign debt, says minister
Date: 2023-12-17 12:27:59 GMT - Egypt - Economy - SN:47 - ID:10494433
ADMINISTRATIVE CAPITAL, Dec 17 (MENA) – International Cooperation Minister Rania el Mashaat said Sunday that development finance makes up about 16 percent of Egypt’s foreign debt. Speaking in a conference to review her Ministry’s annual report, ....
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Big part of EIB investment portfolio goes to private sector -- Official
Date: 2023-12-17 11:27:52 GMT - Egypt - Economy - SN:42 - ID:10494308
ADMINISTRATIVE CAPITAL, Dec 17 (MENA) – Head of the European Investment Bank regional office in North Africa and the Near East Guido Clary said Sunday that a big part of an EIB investment portfolio worth 7 billion euros goes to the private sector ....
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Soft finances offered to private sector in 2020-2023 amount to $10.3 bn, says minister
Date: 2023-12-17 10:59:58 GMT - Egypt - Economy - SN:37 - ID:10494284
ADMINISTRATIVE CAPITAL, Dec 17 (MENA) – International Cooperation Minister Rania el Mashaat said Sunday that the private sector received 10.3 billion dollars worth of soft finances in the period between 2020 and 2023. She put the number of ....
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IDSC: 10.7 % reduction in value of non-petroleum trade deficit in 3rd quarter in 2023
Date: 2023-12-17 09:32:44 GMT - Egypt - Economy - SN:27 - ID:10494100
CAIRO, Dec 17 (MENA) - The cabinet's media center highlighted a reduction by 15% in the non-petroleum trade deficit during the third quarter of 2023 to hit 9.1 billion dollars, compared to the same quarter in 2022 that recorded 10.7 billion ....
