Economy

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  • Category : Economy
  • Dollar rates stable at start of Tuesday's transactions

    Date: 2023-12-19 08:18:22 GMT - Egypt - Economy - SN:14 - ID:10497287

    CAIRO, Dec 19 (MENA) - The dollar exchange rate was stable at the start of Tuesday'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 ....

  • Egypt bourse gains EGP 29 billion

    Date: 2023-12-18 13:27:32 GMT - Egypt - Economy - SN:41 - ID:10495948

    CAIRO, Dec 18 (MENA) - 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 market ....

  • E-JUST organizes conf. on AI, digital transformation

    Date: 2023-12-18 12:31:23 GMT - Egypt - Economy - SN:36 - ID:10495756

    ALEXANDRIA, Dec 18 (MENA) - The 11th international conference on artificial intelligence will tackle research used in artificial intelligence (AI) and digital transformation, said President of the Egypt-Japan University of Science and Technology ....

  • 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 ....

  • 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 ....

  • 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 ....

  • 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 ....

  • 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 ....

  • 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 ....

  • 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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