Economy

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  • Category : Economy
  • Dollar rate stable at Egypt's major banks at beginning of Sunday's transactions

    Date: 2023-08-20 08:15:38 GMT - Egypt - Economy - SN:16 - ID:10307459

    CAIRO, Aug 20 (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 ....

  • Relations between Egypt, Jordan distinguished - Jordanian min.

    Date: 2023-08-20 07:40:05 GMT - Jordan - Economy - SN:12 - ID:10307359

    AMMAN, Aug 20 (MENA) - Jordanian Investment Minister Kholoud Al Saqqaf said on Sunday relations between Egypt and Jordan are distinguished in all domains, including the investment field, stressing that both countries have an investment-magnet ....

  • 923,000 tons of imported wheat traded on EGYCOMEX till mid August

    Date: 2023-08-19 08:40:55 GMT - Egypt - Economy - SN:19 - ID:10306141

    CAIRO, Aug 19 (MENA) – As many as 923,000 tons of imported wheat have been traded on the Egyptian Exchange over 66 trading sessions till mid August, Chairman of the Board of Directors of the Egyptian Commodities Exchange (EGYCOMEX) Ibrahim Ashmawy ....

  • 5,000 tons of sugar listed on EGYCOMEX

    Date: 2023-08-19 08:32:42 GMT - Egypt - Economy - SN:18 - ID:10306137

    CAIRO, Aug 19 (MENA) – As many as 5,000 tons of sugar have been listed in the first session on trading of this commodity, Chairman of the Board of Directors of the Egyptian Commodities Exchange (EGYCOMEX) Ibrahim Ashmawy said Saturday. The amount ....

  • Egypt, India discuss cooperation in communications, information technology

    Date: 2023-08-18 18:49:58 GMT - Egypt - Economy - SN:53 - ID:10305746

    CAIRO, Aug 18 (MENA) - Minister of Communications and Information Technology Amr Talaat has discussed in a meeting with Indian Minister for Railways, Communications, Electronics and Information Technology Shri Ashwini Vaishnaw, ways of fostering ....

  • Al Ahly Exchange provided EGP 2.7 bln for its customers in 7 months: chairman

    Date: 2023-08-18 12:54:40 GMT - Egypt - Economy - SN:38 - ID:10305071

    CAIRO, Aug 18 (MENA) – Chairman of Al Ahly Exchange Company Abdel Meguid Mohy El Din said the company has provided a sum of EGP 2.7 billion in various foreign currencies such as the dollar, Pound Sterling and the Saudi riyal for its customers as of ....

  • Investors & experts to MENA: Investment Authority's facilities enhance FDI flows to Egypt

    Date: 2023-08-18 09:31:27 GMT - Egypt - Economy - SN:23 - ID:10304934

    CAIRO, Aug 18 (MENA) - Investors and experts have said that facilities offered by the General Authority for Investment and Free Zones (GAFI) help enhance Foreign direct investment (FDI) flows to Egypt. In statements to MENA, they also stressed ....

  • IMPA signs 5-year cooperation protocol with Golden Triangle Economic Zone's authority

    Date: 2023-08-17 17:52:06 GMT - Egypt - Economy - SN:69 - ID:10304362

    CAIRO, Aug 17 (MENA) – Minister of Petroleum and Mineral Resources Tareq el Molla and Minister of Trade and Industry Ahmed Samir have witnessed the signing of a five-year cooperation protocol between the General Authority for the Golden Triangle ....

  • Hassan Abdallah reappointed as acting governor of the CBE

    Date: 2023-08-17 17:51:38 GMT - Egypt - Economy - SN:68 - ID:10304477

    CAIRO, Aug 17 (MENA) - President Abdel Fattah El Sisi issued presidential decree No.346 of 2023 reappointing Hassan Abdallah as acting Governor of the Central Bank of Egypt for one year starting Aug 18. Abdallah was the former vice-chairman and ....

  • Misr Digital Innovation applies for digital bank license offered by CBE

    Date: 2023-08-17 16:10:31 GMT - Egypt - Economy - SN:64 - ID:10304125

    CAIRO, Aug 17 (MENA) - Misr Digital Innovation (MDI) company, which is an affiliate of Banque Misr, has officially applied for acquiring a license for operating Egypt's first digital bank in line with rules issued by the Central Bank of Egypt (CBE) ....

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