Economy

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  • Category : Economy
  • ITFC, ICD to provide $1.5 billion of integrated financing solutions to Egypt - Minister

    Date: 2023-01-22 19:38:51 GMT - Egypt - Economy - SN:65 - ID:9981178

    CAIRO, Jan 22 (MENA) - The 2023 annual work program of the International Islamic Corporation for Trade Finance (ITFC) and the International Islamic Corporation for the Private Sector (ICD) will provide $1.5 billion of integrated financing solutions ....

  • Gov't closely monitors releasing goods stuck at ports - PM

    Date: 2023-01-22 17:52:37 GMT - Egypt - Economy - SN:60 - ID:9981068

    CAIRO, Jan 22 (MENA) - Prime Minister Mostafa Madbouli said Sunday the government is closely monitoring the final situation of goods stuck at the country's ports, and ways to accelerate clearance procedures. The premier was meeting with Governor ....

  • Dollar exchange rate stable at end of trading

    Date: 2023-01-22 14:17:46 GMT - Egypt - Economy - SN:50 - ID:9980754

    CAIRO, Jan 22 (MENA) - The US dollar exchange rate was stable at the end of transactions on Sunday at government and privately-owned banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate recorded EGP 29.69 for buying and EGP ....

  • Transport minister probes with UIC cooperation in railway safety

    Date: 2023-01-22 14:06:07 GMT - Egypt - Economy - SN:45 - ID:9980643

    CAIRO, Jan 22 (MENA) - Minister of Transport Kamel el Wazir discussed on Sunday with François Davenne, Director General of the International Union of Railways (UIC), modern international plans to reduce dependence diesel-run locomotives and to ....

  • PM: Govt works to simplify procedures for industrial projects

    Date: 2023-01-22 13:43:56 GMT - Egypt - Economy - SN:44 - ID:9980548

    CAIRO, Jan 22 (MENA) - Prime Minister Mostafa Madbouli said the government works to simplify investment procedures, especially with regard to carrying out industrial projects. The premier added his government has been keen to communicate with ....

  • Bourse off Thursday

    Date: 2023-01-22 13:27:03 GMT - Egypt - Economy - SN:43 - ID:9980545

    CAIRO, Jan 22 (MENA) - The Egyptian Stock Exchange will be off on Thursday marking the anniversary of the January 25 revolution and the Police Day. The Bourse said in a statement that trading will resume on Sunday, January 29.(MENA) R G E/D A E ....

  • EGX gains EGP 3.2bn, all indexes up

    Date: 2023-01-22 13:19:07 GMT - Egypt - Economy - SN:41 - ID:9980612

    CAIRO, Jan 22 (MENA) - Egyptian Exchange (EGX) indexes went up collectively at the close of Sunday's trading, pushed by selective purchases from local institutions and investment funds, as well as Arab individuals. The market capital gained about ....

  • Dollar price stable at Egypt's major banks

    Date: 2023-01-22 09:31:02 GMT - Egypt - Economy - SN:14 - ID:9980033

    CAIRO, Jan 22 (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 29.69 for buying and EGP 29.79 ....

  • Trade min., Messe Düsseldorf chief discuss promoting cooperation

    Date: 2023-01-22 08:54:49 GMT - Egypt - Economy - SN:12 - ID:9979980

    CAIRO, Jan 22 (MENA) - Trade and Industry Minister Ahmed Samir had talks on Sunday with Executive Director of Messe Düsseldorf Bernd Jablonowski on means of promoting bilateral ties. In a statement on Sunday, the minister reviewed means of ....

  • Egypt's exports of engineering industries rise to 3.8 billion dollars in 2022

    Date: 2023-01-22 08:53:37 GMT - Egypt - Economy - SN:11 - ID:9980022

    CAIRO, Jan 22 (MENA) - The Engineering Export Council of Egypt has reported a ten percent increase in the exports of engineering industries in 2022 to reach 3.836 billion dollars against 3.497 billion dollars in 2021. The monthly report of the ....

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