Economy
- Service : English General
- Category : Economy
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Planning minister meets delegation from IFC
Date: 2024-09-10 19:39:22 GMT - Egypt - Economy - SN:71 - ID:10865522
NEW ADMINISTRATIVE CAPITAL, Egypt, Sept 10 (MENA) - Minister of Planning, Economic Development and International Cooperation and Egypt's Governor at the World Bank Group Rania el Mashat met with a delegation from the International Finance ....
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CBE: Egypt's annual inflation increases by 25.1% in August
Date: 2024-09-10 18:39:19 GMT - Egypt - Economy - SN:59 - ID:10865462
CAIRO, Sept 10 (MENA) - The Central Bank of Egypt (CBE) announced that the annual headline inflation rate surged by 25.1 percent in August 2024, compared to 24.4 percent in the previous month. In a statement released on Tuesday, the bank said the ....
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Egypt aims to become diversified competitive economy by 2030: Mashat
Date: 2024-09-10 18:09:02 GMT - Egypt - Economy - SN:53 - ID:10865470
CAIRO, Sept 10 (MENA) - Planning International Cooperation and Economic Development Minister Rania el Mashat said that Egypt 2030 Vision primarily aims to attain local development. By 2030, Egypt will become a balanced and diversified ....
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EGX indices down on Tuesday
Date: 2024-09-10 13:25:55 GMT - Egypt - Economy - SN:33 - ID:10864899
CAIRO, Sept 10 (MENA) - Egyptian Exchange (EGX) indexes receded on Tuesday on the back of sales by Arab and local institutions and investment funds. The market capital lost EGP 16 billion to reach 2.054 trillion pounds. The EGX 30 benchmark ....
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Petroleum minister meets Australian Amb.
Date: 2024-09-10 10:15:48 GMT - Egypt - Economy - SN:24 - ID:10864532
CAIRO, Sept 10 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi discussed with Australian Ambassador to Egypt Axel Wabenhorst ways of boosting cooperation and attracting investments of Australian companies in mining fields. Both ....
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CAPMAS: Monthly inflation hits 1.9% in Aug. 2024
Date: 2024-09-10 08:25:40 GMT - Egypt - Economy - SN:19 - ID:10864158
CAIRO, Sept 10 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the monthly inflation rate recorded 1.9 percent at 231.1 points in August 2024. CAPMAS attributed this to the increase in the prices of ....
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8,000 tons of goods handled at Red Sea ports
Date: 2024-09-10 07:33:33 GMT - Egypt - Economy - SN:14 - ID:10864236
HURGHADA, Egypt, Sept 10 (MENA) - About 8,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 3,000 tons of goods, 202 trucks and 13 ....
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SODIC signs EGP 4.14bn syndicated facility with Banque Misr, CIB to finance New Zayed project
Date: 2024-09-09 18:08:33 GMT - Egypt - Economy - SN:69 - ID:10863537
CAIRO, Sept 9 (MENA) - Real estate developer SODIC announced Monday the signing of a long-term syndicated facility worth EGP 4.14bn with Banque Misr and the Commercial International Bank (CIB) to finance the development of SODIC’s 464-feddan project ....
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PM follows up EEIGA's activation measures in Africa
Date: 2024-09-09 17:22:51 GMT - Egypt - Economy - SN:65 - ID:10863746
CAIRO, Sept 8 (MENA) - Prime Minister Mostafa Madbouli reviewed Monday the activation measures of the Egyptian Export and Investment Guarantee Agency (EEIGA) in Africa during a meeting on Monday with Minister of Finance Ahmed Kouchouk and a host of ....
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Banque Misr allows customers traveling abroad to exchange foreign currency till $5,000
Date: 2024-09-09 16:59:14 GMT - Egypt - Economy - SN:62 - ID:10863562
CAIRO, Sept 9 (MENA) - Banque Misr announced it will allow customers traveling abroad to exchange any foreign currency till USD 5,000. In a statement released on Monday, the bank said it raised the limits of credit cards in foreign currency for ....