Economy

  • Service : English General
  • Category : Economy
  • GASC to buy 655,000 tons of Russian, Romanian wheat

    Date: 2023-05-02 21:49:37 GMT - Egypt - Economy - SN:74 - ID:10138317

    CAIRO, May 2 (MENA) - The General Authority for Supply Commodities (GASC) said it has reached an agreement to purchase 655,000 tons of Russian and Romanian wheat through an international tender. In a press release Tuesday, it added that this ....

  • EGX indices down at close of Tuesday transactions

    Date: 2023-05-02 14:54:08 GMT - Egypt - Economy - SN:43 - ID:10137866

    CAIRO, May 2 (MENA) - Egyptian Exchange (EGX) indexes went down collectively at the close of transactions on Tuesday. The market capital reached EGP 2.2 billion after losing EGP 2 billion amid transactions recording about EGP 1.4 billion. The ....

  • Local wheat supply exceeds 656,000 tons in first two weeks of wheat harvest season

    Date: 2023-05-02 14:07:47 GMT - Egypt - Economy - SN:38 - ID:10137704

    CAIRO, May 2 (MENA) - Deputy Board Chairman of the Chamber of Grain Industry in the Egyptian Federation of Industries (FEI) Abdel Ghaffar el Salamouni said that the the rates of local wheat supply exceeded 565,000 tons within the first two weeks of ....

  • global (2):Vantage makes US$100,000 donation to UNHCR's "Supporting Refugees in Australia" programme

    Date: 2023-05-02 13:09:42 GMT - Vanuatu - Economy - SN:36 - ID:10137687

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ============================================================= Vantage makes US$100,000 donation to UNHCR's "Supporting Refugees in Australia" programme Funds to ....

  • Global (1): iHerb Names Miriee Chang as Chief Operating Officer

    Date: 2023-05-02 12:31:59 GMT - USA - Economy - SN:32 - ID:10137589

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ =================================================================== Newly established role will further streamline operations and enhance operational ....

  • GAFI head: State keen on luring fresh Japanese investments

    Date: 2023-05-02 10:19:35 GMT - Egypt - Economy - SN:23 - ID:10137007

    CAIRO, May 2 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba on Tuesday asserted the keenness of the state on attracting fresh Japanese investments, in light of their distinguished role in attaining ....

  • PM calls for unified vision regarding startups in Egypt

    Date: 2023-05-02 09:47:24 GMT - Egypt - Economy - SN:19 - ID:10137085

    CAIRO, May 2 (MENA) – Prime Minister Moustafa Madbouli has directed bodies concerned with the development of startup companies in Egypt to outline a unified vision to guarantee zero conflict of powers in handling this file. The government is ....

  • IDSC: Fitch maintains upbeat outlook for Egypt's petrochemical sector

    Date: 2023-05-02 09:00:21 GMT - Egypt - Economy - SN:16 - ID:10136921

    CAIRO, May 2 (MENA) - Egypt’s exports of petrochemicals, chemicals, and fertilizers shot up by a stunning 45 percent during 2021 to reach 6.7 billion dollars, according to Fitch Ratings. These industries are key beneficiaries of the current ....

  • Dollar price stable at Egypt's major banks

    Date: 2023-05-02 08:38:36 GMT - Egypt - Economy - SN:15 - ID:10136924

    CAIRO, May 2 (MENA) - The US dollar exchange rate was stable at the beginning of Tuesday'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 ....

  • Transport minister chairs 80th general assembly of Arab Bridge Maritime

    Date: 2023-05-01 21:09:18 GMT - Egypt - Economy - SN:83 - ID:10136564

    CAIRO, May 1 (MENA) – Transport Minister Kamel el Wazir chaired a meeting of the 80th general assembly of the Arab Bridge Maritime Company Wednesday. The general assembly discussed the outcome of Arab Bridge Maritime activities and its 2022 ....

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