Economy

  • Service : English General
  • Category : Economy
  • EGX main index up by more than 23 percent since beginning of year

    Date: 2023-06-22 22:00:59 GMT - Egypt - Economy - SN:90 - ID:10223511

    CAIRO, June 22 (MENA) - Executive Chairman of the Egyptian Exchange (EGX) Ramy El-Dokani announced that the EGX 30 benchmark index went up by 23.5 percent since the beginning of the year till the trading session of June 18. The EGX upturn was the ....

  • Egypt, Kuwait discuss increasing petroleum investment in Egypt

    Date: 2023-06-22 20:13:28 GMT - Egypt - Economy - SN:85 - ID:10223686

    CAIRO, June 22 (MENA) – Petroleum and Mineral Resources Minister Tarek el Moulla discussed with a delegation of the Kuwait Foreign Petroleum Exploration Company (KUFPEC) the company’s activities to explore in the Gabal El Zeit and Ras el Kanais ....

  • CBE decides to keep interest rates unchanged

    Date: 2023-06-22 19:36:24 GMT - Egypt - Economy - SN:81 - ID:10223738

    CAIRO, June 22 (MENA) - The Monetary Policy Committee (MPC) decided in its meeting on Thursday to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 18.25 percent, ....

  • PM witnesses signing contract of supplying hydrogen, establishing special unit for its marketing

    Date: 2023-06-22 18:40:16 GMT - Egypt - Economy - SN:78 - ID:10223441

    CAIRO, June 22 (MENA) - Prime Minister Mostafa Mabdouli witnessed on Thursday the signing of a contract to supply hydrogen and establishing a special unit for its preparation and marketing. The contract was signed between Misr Chemical Industries ....

  • Global (8): Flutterwave Announces a Five-Year Strategic Technology Agreement with Microsoft

    Date: 2023-06-22 18:29:08 GMT - United Kingdom - Economy - SN:77 - ID:10223714

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ Flutterwave to further power global digital payments on the Microsoft Azure cloud ....

  • Global (7): BLUETTI to Host 2-Day Pop-Up Event in Lagos, Nigeria

    Date: 2023-06-22 18:28:58 GMT - Nigeria - Economy - SN:76 - ID:10223688

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ LAGOS, Nigeria, June 22, 2023 /PRNewswire/ -- BLUETTI, the renowned provider of green energy ....

  • PM follows up number of activities at MSMEDA

    Date: 2023-06-22 17:59:08 GMT - Egypt - Economy - SN:74 - ID:10223442

    CAIRO, June 22 (MENA) - Prime Minister Mostafa Madbouly asserted the role of Micro, Small and Medium-sized Development Authority (MSMEDA) in achieving the State's economic and social development goals through the authority's providing of an ....

  • PM witnesses signing of deal to establish firm for chlorine granules manufacturing

    Date: 2023-06-22 17:13:00 GMT - Egypt - Economy - SN:68 - ID:10223439

    CAIRO, June 22 (MENA) - Prime Minister Moustafa Madbouli on Thursday attended the signing ceremony of a stakeholders agreement to set up an Egyptian joint stock company with the aim of establishing and operating a factory for manufacturing chlorine ....

  • PM discusses proposals for boosting cooperation with India ahead of Modi's visit

    Date: 2023-06-22 16:12:32 GMT - Egypt - Economy - SN:62 - ID:10223433

    CAIRO, June 22 (MENA) - Prime Minister Mostafa Madbouli chaired a cabinet meeting on Thursday to discuss proposals for boosting political, economic and trade cooperation with India before an upcoming visit of Indian Prime Minister Narendra Modi to ....

  • EGPC, US Apache Corp sign regulation to manage work of Khalda joint venture company

    Date: 2023-06-22 15:38:40 GMT - Egypt - Economy - SN:57 - ID:10223224

    CAIRO, June 22 (MENA) - The Egyptian General Petroleum Corporation (EGPC) and US oil producer Apache Corporation signed on Thursday a regulation to manage the work of the Khalda Petroleum Company, a joint venture company between the two sides, in ....

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