Economy

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  • Category : Economy
  • Bourse announces IPO of 10% of Telecom Egypt shares

    Date: 2023-05-14 09:43:11 GMT - Egypt - Economy - SN:23 - ID:10156831

    CAIRO, May 14 (MENA) - The Stock Exchange announced on Sunday the Initial Public Offering (IPO) of 10 percent of the shares of state-owned Telecom Egypt, saying 162,171,802 shares were offered at a price of 3.747 billion pounds. The Financial ....

  • CI Capital markets 10% of shares of Telecom Egypt

    Date: 2023-05-14 09:19:13 GMT - Egypt - Economy - SN:22 - ID:10156773

    CAIRO, May 14 (MENA) - CI Capital, a leading financial services group, announced on Sunday finalizing the Initial Public Offering (IPO) of 10 percent of the shares of Telecom Egypt at a value of 3.75 billion pounds. The government owns 80% of ....

  • EU diplomat visits Alexandria for talks on water, trade cooperation

    Date: 2023-05-14 08:01:12 GMT - Egypt - Economy - SN:15 - ID:10156547

    ALEXANDRIA, May 14 (MENA) - EU Ambassador to Egypt Christian Berger paid on Sunday a visit to Alexandria to mark Europe Day. For three days, the diplomat will hold meetings with members of the business community, young people and media ....

  • Dollar prices stable on onset of week trading

    Date: 2023-05-14 07:25:29 GMT - Egypt - Economy - SN:10 - ID:10156492

    CAIRO, May 14 (MENA) - The US dollar exchange rate was stable at the beginning of Sunday'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 ....

  • Global (1): TOJOY won the award on China-Arab Unicorn summit. Ge Jun believed that the sharing economy platform was being a fertile ground for accelerating unicorns

    Date: 2023-05-14 05:49:14 GMT - China - Economy - SN:5 - ID:10156397

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ BEIJING, May 14, 2023 /PRNewswire/ -- At the Arab-China Unicorn Investment Summit of the 12th ....

  • Business sector min. inspects project of upgrading spinning, weaving industry

    Date: 2023-05-13 15:33:32 GMT - Egypt - Economy - SN:44 - ID:10155770

    CAIRO, May 13 (MENA) - Minister of Public Business Sector Mahmoud Esmat on Saturday probed progress achieved at the national project on upgrading the spinning and weaving industry during a field tour of a set of key factories in the Nile Delta ....

  • New measures approved for supporting investment of El Mahalla El Kubra industrial park units: Trade minister

    Date: 2023-05-13 13:51:47 GMT - Egypt - Economy - SN:37 - ID:10155420

    CAIRO, May 13 (MENA) - The Industrial Development Authority's (IDA) board of directors approved during its latest meeting a set of measures to facilitate investment measures for leaseholders of industrial units at El Mahalla El Kubra industrial park ....

  • Finance min.: We welcome AIIB annual meetings in September in Egypt

    Date: 2023-05-13 11:55:38 GMT - Egypt - Economy - SN:30 - ID:10155412

    CAIRO, May 13 (MENA) - Finance Minister Mohamed Maait, Egypt's governor of the Asian Infrastructure Investment Bank, welcomed hosting the annual meetings of the Asian bank in Sharm El Sheikh in September. The 2023 AIIB Annual Meeting is an ....

  • Grain industry: 123 mills in EGYCOMEX

    Date: 2023-05-13 11:03:32 GMT - Egypt - Economy - SN:27 - ID:10155276

    CAIRO, May 13 (MENA) - The Chamber of Grain Industry said that the Egyptian Commodities Exchange (EGYCOMEX), which was launched by the Ministry of Supply and Internal Trade succeeded in making a balance in controlling prices of wheat and flour in ....

  • Finance min.: We deal with int'l crises with integrated package of measures

    Date: 2023-05-13 10:51:57 GMT - Egypt - Economy - SN:24 - ID:10155368

    CAIRO, May 13 (MENA) - Finance Minister Mohamed Maait said Egypt is dealing with the compound global crises with a package of integrated economic measures to support the Egyptian economy and incentivize investment, production and exportation to ....

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