Economy

  • Service : English General
  • Category : Economy
  • Trade exchange between Egypt, Africa up 14.4% in 2022

    Date: 2023-07-27 09:35:21 GMT - Egypt - Economy - SN:25 - ID:10275061

    CAIRO, July 27 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said Thursday the volume of trade exchange between Egypt and African countries was up 14.4 percent to 8.6 billion dollars in 2022, compared to 7.5 billion ....

  • CAPMAS: Egyptian grain imports down 20.4% to $1.9 bn in first four months of 2023

    Date: 2023-07-27 08:59:00 GMT - Egypt - Economy - SN:22 - ID:10275003

    CAIRO, July 27 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that Egyptian grain imports decreased to 1.9 billion dollars in the first four months of 2023, against 2.3 billion dollars in the same period in 2022, ....

  • CBE: Mobile phone wallets up 20% to stand at 34 million by end of June

    Date: 2023-07-27 08:23:36 GMT - Egypt - Economy - SN:19 - ID:10274991

    CAIRO, July 27 (MENA) - The Central Bank of Egypt (CBE) announced that the total number of mobile phone wallets increased by nearly 20 percent to stand at 34 million by end of June through 30 service providers that include IT companies via 23 banks, ....

  • Dollar exchange rate stable at start of Thursday's transactions

    Date: 2023-07-27 07:32:50 GMT - Egypt - Economy - SN:16 - ID:10274930

    CAIRO, July 27 (MENA) - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Thursday’s transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered ....

  • Global (3): BlackBerry to Participate in Cybertech Africa

    Date: 2023-07-27 07:08:16 GMT - Canada - Economy - SN:14 - ID:10274909

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ The first-of-its-kind assembly in Africa will take place in Rwanda WATERLOO, Ontario, July 27, ....

  • Global (2): SUNRATE closes Series D-2 funding round led by Sequoia Capital Southeast Asia (now known as Peak XV Partners)

    Date: 2023-07-27 07:08:04 GMT - Singapore - Economy - SN:13 - ID:10274906

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ SINGAPORE, July 27, 2023 /PRNewswire/ -- SUNRATE, an intelligent global payment and treasury ....

  • Global (1): Aethir Closes $150 Million Valuation, Pre-A Funding Round to Scale its Decentralized Cloud Infrastructure

    Date: 2023-07-27 07:07:42 GMT - Singapore - Economy - SN:12 - ID:10274905

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ SINGAPORE, July 26, 2023 /PRNewswire/ -- Aethir, a pioneer in Decentralized Cloud Infrastructure ....

  • New USD certificates of deposits to increase remittances, lure new clients: Bankers

    Date: 2023-07-26 16:52:00 GMT - Egypt - Economy - SN:60 - ID:10274362

    CAIRO, July 26 (MENA) – The new US-dollar certificates of deposits (CDs) recently announced by the state-owned National Bank of Egypt (NBE) and Banque Misr, are expected to increase their dollar proceeds, promoting their investment role in ....

  • Moody’s maintains Afreximbank’s credit rating at Baa1

    Date: 2023-07-26 15:40:39 GMT - Egypt - Economy - SN:54 - ID:10274343

    CAIRO, July 26 (MENA) – The African Export-Import Bank (Afreximbank) announced that the global credit ratings agency Moody’s has maintained its rating at Baa1 in its annual credit analysis, with the outlook categorized as stable. In a press ....

  • Bourse shows mixed performance at end of Wednesday's trading session

    Date: 2023-07-26 15:02:04 GMT - Egypt - Economy - SN:43 - ID:10274089

    CAIRO, July 26 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading session. The market capital reached nearly EGP 1.169 trillion, with transactions hitting approximately EGP 1.24 billion. The EGX ....

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