ar
en
fr
Economy
- Service : English General
- Category : Economy
-
16,000 tons of goods handled at Red Sea ports
Date: 2023-12-27 09:34:18 GMT - Egypt - Economy - SN:12 - ID:10508440
HURGHADA, Dec 27 (MENA) - Seven ships are being anchored at Red Sea harbors, the Red Sea Ports Authority (RSPA) said. In a statement issued Wednesday, the RSPA said 16,000 tons of goods were being handled at the ports, including commodities, 1032 ....
-
Dollar prices stable at start of Wednesday's trading
Date: 2023-12-27 07:47:00 GMT - Egypt - Economy - SN:9 - ID:10508360
CAIRO, Dec 27 (MENA) - The dollar exchange rate was stable at the start of Wednesday'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 ....
-
CBE says Jan 1st official holiday for banks
Date: 2023-12-26 19:40:47 GMT - Egypt - Economy - SN:57 - ID:10508131
CAIRO, Dec 26 (MENA) - The Central Bank of Egypt (CBE) announced that banks will be off on Monday, January 1, 2024, on the occasion of the end of the fiscal year. In a statement Tuesday, the CBE said that work at banks will be resumed on ....
-
PM says SCZONE is promising, competitive investment destination
Date: 2023-12-26 18:35:51 GMT - Egypt - Economy - SN:51 - ID:10507918
CAIRO, Dec 26 (MENA) - Prime Minister Mostafa Madbouli said the Suez Canal Economic Zone (SCZONE) is a promising and competitive investment destination, as it provides a wide range of incentives and benefits for investors. Madbouli made the ....
-
500,000 tons of sugar to be imported to bridge gap between supply and demand: min.
Date: 2023-12-26 18:09:24 GMT - Egypt - Economy - SN:49 - ID:10507926
FAYOUM, Egypt, Dec 26 (MENA) - Minister of Supply and Internal Trade Ali Moselhi said Tuesday his ministry will import 400 to 500 thousand tons of sugar to bridge the gap between supply and demand in Egypt, without intervention from the private ....
-
Bourse indexes down at close of Tuesday's trading session
Date: 2023-12-26 14:08:50 GMT - Egypt - Economy - SN:31 - ID:10507689
CAIRO, Dec 26 (MENA) - Egyptian Exchange (EGX) indexes declined at the close of Tuesday's trading session, on the back of sales by Egyptian, Arab and foreign investors. The session saw buying operations by Arab, local and foreign ....
-
Minister: Egypt's wheat deal with UAE's Al Dahra to be referred to parliament next week
Date: 2023-12-26 13:26:56 GMT - Egypt - Economy - SN:27 - ID:10507407
FAYYOUM, Egypt, Dec 26 (MENA) - Minister of Supply and Internal Trade Ali Moselhi said that Egypt's loan agreement that was signed with UAE's Al Dahra Company with a value of dlrs 500 million in August to supply Cairo with wheat for a five-year ....
-
Private sector would be "locomotive" to economic recovery in 2024: Finance min.
Date: 2023-12-26 10:31:30 GMT - Egypt - Economy - SN:17 - ID:10507132
CAIRO, Dec 26 (MENA) – Finance Minister Mohamed Maait asserted that the Egyptian economy was resilient in front of the repercussions of the global crises and their cruel impact within the past years starting from coronavirus pandemic and ....
-
CBE says 4.7 million microentrepreneurs received finance of EGP 78 bn till June 2023
Date: 2023-12-25 14:52:17 GMT - Egypt - Economy - SN:28 - ID:10506184
CAIRO, Dec 25 (MENA) - The Central Bank of Egypt (CBE) announced that some 4.7 million microentrepreneurs received a finance of EGP 78.3 billion till June 2023 compared to a finance of EGP 6.4 billion for two million microentrepreneurs in December ....
-
Egypt bourse gains EGP 15 billion
Date: 2023-12-25 14:43:13 GMT - Egypt - Economy - SN:24 - ID:10506274
CAIRO, Dec 25 (MENA) - The 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 ....
