Economy

  • Service : English General
  • Category : Economy
  • Republican decree approving increase of AfDB's capital

    Date: 2023-12-14 18:14:57 GMT - Egypt - Economy - SN:60 - ID:10491345

    CAIRO, Dec 14 (MENA) - President Abdel Fattah El Sisi issued a decision No.310 for the Year 2023 endorsing the a decision by the Board of Governors of the African Development Bank (AfDB), issued on the 5th of March for the Year 2021, relevant to a ....

  • PM, Italian delegation discuss luring new investments in food production

    Date: 2023-12-14 16:11:07 GMT - Egypt - Economy - SN:48 - ID:10491126

    CAIRO, Dec 14 (MENA) - Prime Minister Mostafa Madbouli on Thursday discussed in a meeting with a delegation of Italian companies the possibility of luring new investments in food production. The Italian delegation comprised Federico Vecchioni, ....

  • Bourse indexes show mixed performance

    Date: 2023-12-14 15:19:44 GMT - Egypt - Economy - SN:35 - ID:10491004

    CAIRO, Dec 14 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Thursday's trading session, amid sales by foreign institutions and investment funds, as well as Egyptian and Arab investors, against purchases by local ....

  • Dollar exchange rate stable at start of Thursday's transactions

    Date: 2023-12-14 08:16:05 GMT - Egypt - Economy - SN:9 - ID:10490425

    CAIRO, Dec 14 (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 ....

  • CEPEX official to MENA: Trade exchange between Egypt, Tunisia rising

    Date: 2023-12-14 07:40:31 GMT - Tunisia - Economy - SN:7 - ID:10490369

    TUNIS, Dec 14 (MENA) - A senior official of the Tunisian Export Promotion Center (CEPEX) said the volume of trade exchange between Egypt and Tunisia is increasing. In statements to MENA, Mohamed Walid ben Moussa said the two countries are ....

  • Several foreign companies willing to invest in Egyptian market - ECS head

    Date: 2023-12-13 15:29:19 GMT - Egypt - Economy - SN:51 - ID:10489749

    CAIRO, Dec 13 (MENA) – Chairman of the Egyptian Commercial Service (ECS) Yahia el Wathik Bellah said that a number of foreign companies, especially from India, China, Japan, Turkey, Germany and Belgium, had announced their willingness to invest in ....

  • EGX gains EGP 58 bn, all indices up

    Date: 2023-12-13 13:17:46 GMT - Egypt - Economy - SN:38 - ID:10489572

    CAIRO, Dec 13 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Wednesday's trading, pushed by purchases from Arab and foreign institutions and investment funds, as well as foreign investors. Meanwhile, sales prevailed ....

  • GAFI pavilion at COP28 attracts many visitors

    Date: 2023-12-13 13:09:29 GMT - Egypt - Economy - SN:37 - ID:10489413

    CAIRO, Dec 13 (MENA) – Government officials and investors from different world countries have visited the pavilion of Egypt’s General Authority for Investment and Free Zones (GAFI) at the international climate conference (COP28) in Dubai, the ....

  • Dollar exchange rate stable at start of Wednesday's transactions

    Date: 2023-12-13 10:04:19 GMT - Egypt - Economy - SN:20 - ID:10488970

    CAIRO, Dec 13 (MENA) - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered ....

  • GAFI named regional director of WAIPA Steering Committee in MENA

    Date: 2023-12-13 09:55:15 GMT - Egypt - Economy - SN:19 - ID:10489042

    CAIRO, Dec 13 (MENA) – Egypt’s General Authority for Investment and Free Zones (GAFI) has been named regional director of the WAIPA Steering Committee for the Middle East and North Africa (MENA) from December 2023 through December 2025. Short ....

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