Economy

  • Service : English General
  • Category : Economy
  • IFE says its portfolio in Egypt until 2025 amounts to 100 million euros

    Date: 2024-11-12 18:01:35 GMT - Egypt - Economy - SN:36 - ID:10948686

    CAIRO, Nov 12 (MENA) - CEO of the facility Investment for Employment (IFE) Steffen Kuhl said the size of their portfolio in Egypt until 2025 amounts to about 100 million euros, covering 11 projects. Kuhl, in statements to MENA, said this is an ....

  • Cabinet denies requesting increase of IMF's loan tranche to $2 bln

    Date: 2024-11-12 17:35:25 GMT - Egypt - Economy - SN:35 - ID:10949592

    CAIRO, Nov 12 (MENA) - The Cabinet's media center denied reports that Egyptian authorities requested the International Monetary Fund (IMF) to increase the USD 1.3 billion fourth tranche of the loan program to USD 2 billion. In a statement ....

  • CBE governor denies reports on Egypt request for increase in IMF loan’s 4th tranche

    Date: 2024-11-12 16:44:23 GMT - Egypt - Economy - SN:33 - ID:10949596

    CAIRO, Nov 12 (MENA) - Governor of the Central Bank of Egypt (CBE) Hassan Abdullah has denied reports claiming that Egypt requested an increase in the 4th tranche of a loan from the International Monetary Fund (IMF) to USD 2 billon instead of USD ....

  • EGX indexes down at end of Tuesday trading

    Date: 2024-11-12 14:48:23 GMT - Egypt - Economy - SN:28 - ID:10949345

    CAIRO, Nov 12 (MENA) - Egyptian Exchange (EGX) indexes posted collective losses at the end of trading Tuesday on the back of sales operations by foreign investment funds and individual Arab and foreign investors. The market capital reached 2.278 ....

  • EgyptAir on list of best 10 aviation companies in Africa as regards passengers

    Date: 2024-11-12 14:48:03 GMT - South Africa - Economy - SN:27 - ID:10949348

    CAPE TOWN, Nov 12 (MENA) - The African Airlines Association (AFRAA) announced on Tuesday that EgyptAir is on a list of best ten aviation companies in Africa as far as numbers of passengers are concerned. AFRAA said in a report, carried by ....

  • Dollar exchange rate stable at Tuesday's trading

    Date: 2024-11-12 14:45:57 GMT - Egypt - Economy - SN:25 - ID:10949347

    CAIRO, Oct 12 (MENA) - The dollar exchange rate was stable to the Egyptian pound at the trading at Egypt's major banks on Tuesday. The dollar exchange rate registered EGP 49.13 for buying and EGP 49.34 for selling as the least price at Abu Dhabi ....

  • Egypt’s partnership with China reflects shared visions on urban development

    Date: 2024-11-12 13:18:00 GMT - China - Economy - SN:22 - ID:10948988

    CAIRO/BEIJING, Nov 12 (MENA) – Minister of Local Development Manal Awad has stressed that the comprehensive strategic partnership between Egypt and China reflects both countries’ shared visions on achieving sustainable urban development and ....

  • Planning minister: State works on supporting economic stability

    Date: 2024-11-12 12:56:49 GMT - Egypt - Economy - SN:21 - ID:10949085

    CAIRO, Nov 12 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania El Mashat said on Tuesday the world financial system is facing an unprecedented test coinciding with slow economic growth as a result of ....

  • Military Production minister says political leadership keen on supporting industry file

    Date: 2024-11-12 12:02:55 GMT - Egypt - Economy - SN:17 - ID:10948883

    CAIRO, Nov 12 (MENA) - Minister of State for Military Production Mohamed Salaheddin Mostafa said on Tuesday the country's political leadership is keen to support the file of industry to lure more investments in light of world challenges which ....

  • Jordanian-Iraqi Amity Assembly chief to MENA: Trilateral coop. between Cairo, Amman, Baghdad key to Arab economic integration

    Date: 2024-11-12 10:03:10 GMT - Jordan - Economy - SN:13 - ID:10948683

    AMMAN, Nov 12 (MENA) - Jordanian-Iraqi Amity Assembly President Shangul Qader has praised the trilateral cooperation mechanism between Egypt, Jordan, and Iraq, saying that it contributes to achieving a breakthrough in enhancing economic and trade ....

Middle East News Agency © - designed and developed : GCSSD