Economy
- Service : English General
- Category : Economy
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CBE unveils rules of new loan initiative to support industry, agriculture with 11% interest rate
Date: 2023-03-07 23:09:17 GMT - Egypt - Economy - SN:99 - ID:10055100
CAIRO, March 7 (MENA) - The Central Bank of Egypt (CBE) announced the rules of a new five-year initiative to fund industrial and agricultural sectors’ projects with loans at an 11 percent interest rate. As per the CBE circular to banks on ....
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BP chief: We’re keen to enhance strategic partnership with Egypt's oil sector
Date: 2023-03-07 19:58:32 GMT - Egypt - Economy - SN:76 - ID:10054832
CAIRO, March 7 (MENA) - CEO of British Petroleum (BP) Bernard Looney said his company is keen on enhancing its strategic partnership with Egypt's petroleum sector, through injecting further investments into research and exploration ....
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Egypt is attractive destination for global outsourcing companies: Capgemini CEO in Egypt
Date: 2023-03-07 17:39:50 GMT - Egypt - Economy - SN:61 - ID:10054726
CAIRO, March 7 (MENA) - Egypt has many competitive advantages that make it a more attractive destination for outsourcing companies, opening up new prospects for growth in this industry, said Hossam Sief Eddin, CEO of Capgemini multinational company ....
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Dollar rates stable at start of Tuesday's transactions in Egypt's major banks
Date: 2023-03-07 14:41:06 GMT - Egypt - Economy - SN:52 - ID:10054392
CAIRO, March 7 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.68 for buying and EGP 30.78 for ....
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Global (8): Pylontech Obtains the World's First Sodium Ion Certificate from TÜV Rheinland
Date: 2023-03-07 14:39:22 GMT - China - Economy - SN:51 - ID:10054510
Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= SHANGHAI, March 7, 2023 /PRNewswire/ -- On March 3, 2023, Pylontech(Stock No. 688063) obtained the ....
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Global (7): CGTN: China targets high-quality development of private economy
Date: 2023-03-07 14:39:06 GMT - China - Economy - SN:50 - ID:10054491
Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= BEIJING, March 7, 2023 /PRNewswire/ -- As an important part of China's economic development, the ....
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Global (6): Miami International Holdings Reports Trading Results for February 2023; Volume Reaches Record Daily Market Share of 18.13% in Multi-Listed Options and 1.57% in U.S. Equities
Date: 2023-03-07 14:38:45 GMT - USA - Economy - SN:49 - ID:10054471
Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= PRINCETON, N.J., March 7, 2023 /PRNewswire/ -- Miami International Holdings, Inc. today reported February ....
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All EGX indices down, benchmark declines 2.21 pct
Date: 2023-03-07 13:59:27 GMT - Egypt - Economy - SN:46 - ID:10054237
CAIRO, March 7 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Tuesday's trading, amid sales by Arab and foreign institutions and investment funds. Meanwhile, purchases prevailed in transactions of local ....
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Petroleum min., Eni official discuss accelerating oil fields development
Date: 2023-03-07 11:53:30 GMT - Egypt - Economy - SN:36 - ID:10053922
CAIRO, March 7 (MENA) - Petroleum Minister Tarek Molla had talks on Tuesday with Guido Brusco, Chief Operating Officer of Natural Resources on Eni, on means of accelerating the implementation of plans for developing oil fields to increase ....
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MSMEDA: EGP 7.1 bln pumped into different developmental sectors in 2022
Date: 2023-03-07 11:02:40 GMT - Egypt - Economy - SN:27 - ID:10053805
CAIRO, March 7 (MENA) – Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) said that EGP 7.1 billion were pumped into the different sectors of development including EGP 6.8 billion to fund micro and small enterprises and EGP ....