Economy

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  • Category : Economy
  • EGX indices show mixed performance, benchmark rises 0.28 pct

    Date: 2023-02-08 13:35:44 GMT - Egypt - Economy - SN:56 - ID:10009321

    CAIRO, Feb 8 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday's trading. The market capital gained nearly EGP 800 million, registering EGP 1.070 trillion after transactions totaled approximately EGP 3.6 ....

  • Fitch: Egypt secures its external financing needs during 2023

    Date: 2023-02-08 13:18:28 GMT - Egypt - Economy - SN:55 - ID:10009189

    CAIRO, Feb 8 (MENA) - The Fitch Ratings stressed Egypt's ability to secure its external financing needs for 2023 at dlrs 22 billion. This came in a media center infographic under the title "Fitch Ratings: Egypt secures its external financing ....

  • Global (3): The world's oldest living lab rat points the way to rejuvenation

    Date: 2023-02-08 11:10:35 GMT - USA - Economy - SN:45 - ID:10008898

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ =============================================================== The world's oldest living lab rat points the way to rejuvenation "Sima", a 47 months-old female rat, ....

  • Global (2): United Imaging announces multiple partnerships in the Middle East and Africa at Arab Health 2023

    Date: 2023-02-08 10:07:11 GMT - China - Economy - SN:36 - ID:10008729

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================= SHANGHAI, Feb. 8, 2023 /PRNewswire/ -- United Imaging, a global innovator in cutting-edge medical imaging ....

  • Oil Ministry: $1.2bn in new investments for Zohr field 2023-2024

    Date: 2023-02-08 09:53:16 GMT - Egypt - Economy - SN:35 - ID:10008473

    CAIRO, Feb 8 (MENA) – Engineer Khaled Mowafi, Chairman of Petrobel, said Wednesday that new investments in the Zohr gas field in the Mediterranean are estimated to reach 1.2 billion dollars during the fiscal year 2023-2024. The budget for the ....

  • Dollar price stable at Egypt's major banks

    Date: 2023-02-08 09:06:26 GMT - Egypt - Economy - SN:31 - ID:10008589

    CAIRO, Feb 8 (MENA) - The US dollar exchange rate was stable at the beginning of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.15 for buying and EGP 30.25 ....

  • 18,000 tons of goods handled at Red Sea Ports

    Date: 2023-02-08 08:11:34 GMT - Egypt - Economy - SN:23 - ID:10008420

    HURGHADA, Egypt, Feb 8 (MENA) - As many as 18,000 tons of goods were handled at the harbors of the Red Sea, the Red Sea Ports Authority (RSPA) said in a statement on Wednesday. The imports included 9,000 tons of goods, 544 trucks and 15 cars, ....

  • Global(1):LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

    Date: 2023-02-08 06:16:11 GMT - south korea - Economy - SN:9 - ID:10008275

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================= Equipped with Advanced AI Software, Company's New, High-efficiency VRF Solution Delivers a Smarter, More ....

  • PM says govt seeks to stimulate industry

    Date: 2023-02-07 20:28:45 GMT - Egypt - Economy - SN:86 - ID:10008069

    CAIRO, Feb 7 (MENA) - Prime Minister Mostafa Madbouli said the government seeks in the current phase to stimulate industry, through introducing legislative amendments that encourage companies to boost their presence in the Egyptian market, which in ....

  • SCZone, EBRD discuss 2nd phase of cooperation to digitize investor services

    Date: 2023-02-07 20:10:40 GMT - Egypt - Economy - SN:85 - ID:10007944

    CAIRO, Feb 7 (MENA) - Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal el Din on Tuesday discussed in a meeting with a delegation from the European Bank for Reconstruction and Development (EBRD) the second ....

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