Economy

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  • Category : Economy
  • 40 ships handled at Damietta Port in past 24 hours

    Date: 2023-09-10 16:25:37 GMT - Egypt - Economy - SN:57 - ID:10339021

    DAMIETTA, Egypt, Sept 10 (MENA) - As many as 40 container ships and cargo vessels were handled at Damietta Port over the past 24 hours. In a statement released on Sunday, Damietta Port Authority said the total volume of exported goods from the ....

  • Chemicals Export Council: 12 Egyptian firms participate in Saudi Infrastructure Expo

    Date: 2023-09-10 16:10:36 GMT - Egypt - Economy - SN:56 - ID:10338986

    CAIRO, Sept 10 (MENA) - Chemicals and Fertilizers Export Council on Sunday said that twelve Egyptian firms will participate in the Saudi Infrastructure Expo that will take place on September 11-13 in Riyadh, Saudi Arabia. The Infrastructure Expo ....

  • CBE: Annual core inflation rate recorded 40.4 percent in August 2023

    Date: 2023-09-10 13:53:51 GMT - Egypt - Economy - SN:45 - ID:10338815

    CAIRO, Sept 10 (MENA) - The Central Bank of Egypt (CBE) announced that the annual core inflation rate recorded 40.4 percent in August 2023, compared to 40.7 percent in July 2023. In a statement released on Sunday, the CBE said the monthly core ....

  • Italy PM praises G-20 summit in India, terms it successful

    Date: 2023-09-10 12:49:11 GMT - India - Economy - SN:42 - ID:10338630

    NEW DELHI, Sept 10 (MENA) - Italian Prime Minister Giorgia Meloni praised the success of the G20 summit in India, terming it a successful meet. "I want to reiterate my and Italy's congratulations to (Indian) Prime Minister (Narendra) Modi for the ....

  • Bourse gains EGP 13 bn, all indexes up

    Date: 2023-09-10 12:32:08 GMT - Egypt - Economy - SN:39 - ID:10338685

    CAIRO, Sept 10 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session, backed by purchases by local and Arab institutions and investment funds, against sales by foreign and Egyptian ....

  • Egypt witnessed major agricultural leap under president Sisi: Agriculture min.

    Date: 2023-09-10 12:17:28 GMT - Egypt - Economy - SN:37 - ID:10338456

    CAIRO, Sept 10 (MENA) - Egypt has witnessed a major agricultural leap under the leadership of President Abdel Fattah El Sisi, said Minister of Agriculture and Land Reclamation El Sayed el Quseir on Sunday. The minister reviewed some achievements ....

  • Minister probes with Sharqiya governor investment in companies' assets

    Date: 2023-09-10 10:48:36 GMT - Egypt - Economy - SN:26 - ID:10338371

    CAIRO, Sept 10 (MENA) - Minister of Public Business Sector Mahmoud Esmat has expressed the keenness of his ministry on supporting development plans in all governorates through contribution to investment, development and service projects to achieve a ....

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

    Date: 2023-09-10 07:54:35 GMT - Egypt - Economy - SN:13 - ID:10338064

    CAIRO, Sept 10 (MENA) - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Sunday’s transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP ....

  • CAPMAS: Monthly inflation rate up by 1.6% in August

    Date: 2023-09-10 06:05:57 GMT - Egypt - Economy - SN:4 - ID:10337942

    CAIRO, Sept 10 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Sunday the inflation rate recorded 184.0 points in August, marking a 1.6-percent rise compared with July. The inflation rate rose to 39.7 percent ....

  • IsDB injects US $800 M in project financing to improve lives and drive SDGs in member countries

    Date: 2023-09-09 18:48:57 GMT - Kingdom of Saudi Arabia - Economy - SN:86 - ID:10337661

    JEDDAH, Sept 9 (MENA) - The Islamic Development Bank (IsDB) Board of Executive Directors has approved a total of $800 million during its 352nd meeting in Jeddah, to finance critical projects to contribute in the development agenda of its member ....

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