Economy

  • Service : English General
  • Category : Economy
  • 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 ....

  • Global (2): PLA support base in Djibouti pursues peace, cooperation, friendship

    Date: 2023-09-09 17:06:00 GMT - China - Economy - SN:76 - ID:10337651

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ = ============================================================== BEIJING, Sept. 9, 2023 /PRNewswire/ -- A report from People's Daily: A ceremony marking the entry ....

  • NSB’s financial indicators show strong growth rates - Minister

    Date: 2023-09-09 16:19:40 GMT - Egypt - Economy - SN:73 - ID:10337330

    CAIRO, Sept 9 (MENA) - Financial indicators of Nasser Social Bank's business performance showed continued strong growth rates in all of its business sectors, Minister of Social Solidarity Nevine el Kabbag said Saturday. Chairing NSB’s board ....

  • Global(1):China International Intelligent Communication Forum 2023 Builds up International Consensus and Facilitates Media Innovation

    Date: 2023-09-09 16:15:08 GMT - China - Economy - SN:71 - ID:10337571

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ = ============================================================== WUXI, China, Sept. 9, 2023 /PRNewswire/ -- The China International Intelligent Communication Forum ....

  • Egypt-India trade exchange hit $6 billion in 2022 - CAPMAS

    Date: 2023-09-09 15:43:50 GMT - Egypt - Economy - SN:67 - ID:10337340

    CAIRO, Sept 9 (MENA) - Egypt-India trade exchange climbed by 13.7% to $6 billion in 2022, up from $5.3 billion in 2021, according to new statistics released Saturday by the Central Agency for Public Mobilization and Statistics (CAPMAS). Egyptian ....

  • Egypt’s finance min.: AIIB investments in Egypt infrastructure currently amount to $1.3 bln

    Date: 2023-09-09 15:01:18 GMT - Egypt - Economy - SN:63 - ID:10337320

    CAIRO, Sept. 9 (MENA) – Finance Minister Mohamed Maait said on Saturday the investment portfolio of the Asian Infrastructure Investment Bank (AIIB) in Egypt currently amounts to $1.3 billion. Maait was addressing a symposium held Saturday at the ....

  • Egypt managed to attain growth rates despite global crises: Finance min.

    Date: 2023-09-09 14:11:10 GMT - Egypt - Economy - SN:54 - ID:10337062

    CAIRO, Sept 9 (MENA) - Egypt has managed to attain growth rates, despite the major crises which gripped the world along with the consecutive international challenges that have been witnessed since the outbreak of the coronavirus pandemic, said ....

  • Egypt’s trade balance deficit down 47.7% to $2.32 bn in June 2023

    Date: 2023-09-09 13:23:55 GMT - Egypt - Economy - SN:49 - ID:10337305

    CAIRO, Sept 9 (MENA) - Egypt’s trade balance deficit decreased 47.7% to $2.32 billion in June 2023, compared to $4.43 billion in the same month a year ago, according to a monthly bulletin issued by the Central Agency for Public Mobilization and ....

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