Economy

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  • Category : Economy
  • Petroleum ministry: Phase 1 of connecting Raven gas field's flow line to Western Desert Gas Complex completed

    Date: 2023-07-10 15:07:41 GMT - Egypt - Economy - SN:45 - ID:10248653

    CAIRO, July 10 (MENA) - The Petroleum and Mineral Resources Ministry announced the full implementation of phase one of linking Raven gas field flow line, which is developed by the British Petroleum (BP) company, with the Egyptian Natural Gas Company ....

  • CBE: Annual core inflation rate rises to 41% in June

    Date: 2023-07-10 14:42:16 GMT - Egypt - Economy - SN:44 - ID:10248573

    CAIRO, July 10 (MENA) - The Central Bank of Egypt (CBE) announced a rise in the annual core inflation rate to 41% in June 2023, compared to 40.3% in May 2023. In a statement on Monday, the bank said that the Consumer Price Index (CPI) recorded a ....

  • Bourse posts collective gains, all indexes up

    Date: 2023-07-10 13:55:44 GMT - Egypt - Economy - SN:41 - ID:10248359

    CAIRO, July 10 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session backed by purchases by Egyptian institutions and investment funds, against sales by Arab and foreign institutions. The market ....

  • GLOBAL (7): Hisense South Africa Gives Back to Its Employees with the Helping Hand of PNA

    Date: 2023-07-10 13:54:39 GMT - South Africa - Economy - SN:40 - ID:10248652

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ =============================================================== Hisense South Africa Gives Back to Its Employees with the Helping Hand of PNA JOHANNESBURG, July ....

  • Business sector min.: Developing 'Miratex' factory increases production by 70%

    Date: 2023-07-10 13:25:34 GMT - Egypt - Economy - SN:36 - ID:10248265

    SUEZ, Egypt, July 10 (MENA) - Public Business Sector Minister Mahmoud Essmat said that a plan to develop Misr Iran for Spinning and Weaving factory (Miratex) helped in increasing production by nearly 70 percent to reach 3,200 tons. This came ....

  • Global(6):UnionPay International Signs MOU with Cambodia's Central Bank

    Date: 2023-07-10 12:13:53 GMT - China - Economy - SN:32 - ID:10248372

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ Cambodian visitors to China can make UnionPay QR payments with e-wallets from home SHANGHAI, ....

  • Global(5):BetterPlace expands its presence into GCC, announces latest strategic partnership with AMY TECH DMCC

    Date: 2023-07-10 12:13:37 GMT - United Arab Emirates - Economy - SN:31 - ID:10248361

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ DUBAI, UAE, July 10, 2023 /PRNewswire/ -- In a move to increase its market share in the GCC ....

  • Maait: Egypt's investment climate becomes more attractive, favorable

    Date: 2023-07-10 12:08:50 GMT - Egypt - Economy - SN:29 - ID:10248062

    CAIRO, July 10 (MENA) - Minister of Finance Mohamed Maait on Monday said Egypt's investment climate has become more attractive and favorable, thanks to its well-established infrastructure which is capable of operating further production activities. ....

  • Global (4): Unleash Your Trading Skills: Vantage Hosts Epic Live Trading Competition

    Date: 2023-07-10 11:21:39 GMT - Vanuatu - Economy - SN:26 - ID:10248193

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ An electrifying showdown of trading prowess, offering a grand prize of USD20,000 to the ultimate ....

  • Dollar prices stable at start of Monday's transactions in Egypt's major banks

    Date: 2023-07-10 08:57:08 GMT - Egypt - Economy - SN:17 - ID:10247647

    CAIRO, July 10 (MENA) - The dollar exchange rate was stable at the start of Monday'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 ....

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