Economy

  • Service : English General
  • Category : Economy
  • Dollar prices stable at major Egyptian banks

    Date: 2023-12-25 09:21:11 GMT - Egypt - Economy - SN:8 - ID:10505716

    CAIRO, Dec 25 (MENA) - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Monday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP ....

  • Egypt prioritizes localization of renewable energy components - PM

    Date: 2023-12-24 18:58:49 GMT - Egypt - Economy - SN:54 - ID:10505302

    CAIRO, Dec 24 (MENA) - Egypt prioritizes localizing component industries for renewable energy projects to increase reliance on clean energy sources, Prime Minister Mostafa Madbouli said Sunday. Madbouli chaired a meeting with officials from China ....

  • Dollar rate stable at start of Sunday's transactions in Egypt's major banks

    Date: 2023-12-24 08:44:35 GMT - Egypt - Economy - SN:13 - ID:10504428

    CAIRO, Dec 24 (MENA) - The dollar exchange rate was stable at the start of Sunday'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 ....

  • GAFI trains cadres of 18 African countries on investment promotion mechanisms

    Date: 2023-12-23 13:16:47 GMT - Egypt - Economy - SN:36 - ID:10503770

    CAIRO, Dec 23 (MENA) - ​​The General Authority for Investment and Free Zones (GAFI) in cooperation with the Egyptian Agency of Partnership for Development in the Foreign Ministry organized Saturday a training program for administrative cadres in ....

  • Egypt bourse achieves highest records in 2023 since establishment

    Date: 2023-12-23 11:12:39 GMT - Egypt - Economy - SN:22 - ID:10503546

    CAIRO, Dec 23 (MENA) - Egyptian Exchange (EGX) is approaching year-end with breaking records with its indexes making huge and historic gains since its establishment. In 2023, the bourse's gains exceeded 700 billion Egyptian pounds, according to ....

  • 28 container ships, cargo vessels handled at Damietta Port

    Date: 2023-12-22 18:01:37 GMT - Egypt - Economy - SN:39 - ID:10503026

    DAMIETTA, Egypt, Dec 22 (MENA) – As many as 28 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Friday, the Damietta Port Authority's media center said the total trade volume of ....

  • Par'lt approves 2 deals in sustainable transport, urban development

    Date: 2023-12-22 16:10:00 GMT - Egypt - Economy - SN:33 - ID:10502828

    CAIRO, Dec 22 (MENA) - The House of Representatives approved at its general session Friday two finance agreements between the Egyptian government and the Export-Import Bank of Korea and the Islamic Development Bank and its affiliated institute at a ....

  • Mashat: 2.5 billion dollars value of IFC investments in Egypt over 4 years

    Date: 2023-12-22 16:09:26 GMT - Egypt - Economy - SN:32 - ID:10502741

    CAIRO, Dec 22 (MENA) - International Cooperation Minister Rania el Mashat asserted the deep partnership with the International Finance Corporation (IFC) is reflected in the volume of investments of the corporation, which exceed seven billion dollars ....

  • Deputy housing minister, WB representatives discuss sanitation services program in six governorates

    Date: 2023-12-22 11:58:51 GMT - Egypt - Economy - SN:19 - ID:10502427

    CAIRO, Dec 22 (MENA) - Deputy Minister of Housing, Utilities and Urban communities for Infrastructure Affairs Sayed Ismail discussed Friday with representatives of the World Bank (WB) work progress at projects of the bank's Sustainable Rural ....

  • CBE explains reasons behind keeping interest rates unchanged

    Date: 2023-12-21 18:39:54 GMT - Egypt - Economy - SN:61 - ID:10501765

    CAIRO, Dec 21 (MENA) - In its meeting on Thursday, the Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 19.25 percent, ....

Middle East News Agency © - designed and developed : GCSSD