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Economy
- Service : English General
- Category : Economy
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Egypt bourse gains EGP 15 billion at end of week transactions
Date: 2024-03-14 11:52:36 GMT - Egypt - Economy - SN:35 - ID:10623773
CAIRO, March 14 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday trading sessions, backed by purchases by Arab and Egyptian investment funds. The market capital gained about EGP 15 billion to register at ....
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CBE: 11 banks partake in second phase of ‘Decent Life’ initiative
Date: 2024-03-14 11:13:15 GMT - Egypt - Economy - SN:26 - ID:10623457
CAIRO, March 14 (MENA) – The Central Bank of Egypt (CBE) announced that 11 banks will take part in the second phase of the presidential ‘Decent Life’ initiative. The banks’ participation aims to contribute to achieving the goals of the initiative ....
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Dollar exchange rate stable at beginning of Thursday's transactions
Date: 2024-03-14 09:43:35 GMT - Egypt - Economy - SN:20 - ID:10623504
CAIRO, March 14 (MENA) - The dollar exchange rate was stable at the start of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and the Commercial International Bank (CIB), the dollar rate registered EGP 48.40 for ....
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Egypt raises local wheat procurement price for new season
Date: 2024-03-13 17:12:59 GMT - Egypt - Economy - SN:53 - ID:10622898
CAIRO, March 13 (MENA) - The Cabinet agreed during a meeting Wednesday under Prime Minister Mostafa Madbouli to increase the reference local wheat procurement price for the 2024/2025 season from EGP 1,600 to EGP 2,000 per ardeb (150 kg) in a bid to ....
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Rationalization of public spending taken into account of 2023/24 FY: Planning min.
Date: 2024-03-13 14:03:16 GMT - Egypt - Economy - SN:41 - ID:10622567
CAIRO, March 13 (MENA) - Minister of Planning and Economic Development Hala el Saeed said Wednesday the current fiscal year takes into account the rationalization of public spending taken by the cabinet. The Minister added during a review of the ....
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Dollar exchange rate inches down at end of Wednesday's transactions
Date: 2024-03-13 13:15:55 GMT - Egypt - Economy - SN:36 - ID:10622462
CAIRO, March 13 (MENA) - The dollar exchange rate inched down 30-40 piasters at the end of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and the Commercial International Bank (CIB), the dollar rate ....
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Need arises for finishing ongoing projects on time, up to required quality: official
Date: 2024-03-13 12:50:04 GMT - Egypt - Economy - SN:32 - ID:10622382
CAIRO, March 13 (MENA) – Chairman of the Board of Directors of Helwan Machinery and Equipment Company (999 Military Factory) Ezzat Mohamed Abdel Aziz said Wednesday it was necessary to finish various projects on time and up to required ....
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Finance min.: Goods at dlrs 1.7 bn cleared in 10 days
Date: 2024-03-13 10:51:07 GMT - Egypt - Economy - SN:20 - ID:10622251
CAIRO, March 13 (MENA) - Finance Minister Mohamed Maait said goods at a total value of dlrs 1.7 billion were cleared in various ports over the first 10 days of March in line with presidential directives to swiftly release goods in various ....
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Petroleum min. discusses sustainable aviation fuel production
Date: 2024-03-13 10:32:07 GMT - Egypt - Economy - SN:19 - ID:10622098
CAIRO, March 13 (MENA) - Petroleum and Mineral Resources Minister Tarek el-Molla met Wednesday with a number of ministers to discuss the production of sustainable aviation fuel (SAF). During his meeting with the ministers of civil aviation, ....
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15,000 tons of goods handled at Red Sea Ports
Date: 2024-03-13 09:27:01 GMT - Egypt - Economy - SN:17 - ID:10622084
HURGHADA, Egypt, March 13 (MENA) - About 15,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 4,000 tons of goods, 499 trucks and ....
