Economy

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  • Category : Economy
  • Dollar prices stable at Egypt's major banks

    Date: 2023-01-17 08:20:22 GMT - Egypt - Economy - SN:16 - ID:9971901

    CAIRO, Jan 17 (MENA) - The dollar exchange rate was stable at the beginning of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 29.52 for buying and EGP 29.57 for ....

  • Global (1):JA Solar to Supply all High-Efficiency Modules for Egypt's Largest PV project

    Date: 2023-01-17 07:15:50 GMT - China - Economy - SN:8 - ID:9971812

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================= BEIJING, Jan. 17, 2023 /PRNewswire/ -- JA Solar entered into a partnership with AMEA Power, one of the ....

  • Global recession seen likely in 2023: World Economic Forum survey

    Date: 2023-01-16 20:36:24 GMT - Switzerland - Economy - SN:95 - ID:9971614

    DAVOS, Jan 16 (MENA) – Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023, Al Arabiya quoted the Davos-organizer as saying on Monday as business and government ....

  • Inflows from foreign investors into Egyptian market since Jan. 11 hit $925 mln - CBE 2 last Cairo

    Date: 2023-01-16 16:46:22 GMT - Egypt - Economy - SN:80 - ID:9971326

    According to the CBE, interbank trading has also grown since Wednesday by over twentyfold. The CBE added that the banking sector has covered over $2 billion of importers' and bank clients' demands for the US dollar over the past three ....

  • Inflows from foreign investors into Egyptian market since Jan. 11 hit $925 mln - CBE

    Date: 2023-01-16 16:41:24 GMT - Egypt - Economy - SN:79 - ID:9971202

    CAIRO, Jan 16 (MENA) - Egypt’s central bank said on Monday that the foreign exchange market had reacted positively to the latest depreciation of the pound, witnessing inflows from foreign investors that exceeded $925 million since Jan. 11. Egypt ....

  • Planning minister to take part in Davos economic forum

    Date: 2023-01-16 14:49:48 GMT - Egypt - Economy - SN:72 - ID:9971092

    CAIRO, Jan 16 (MENA) - Minister of Planning and Economic Development Hala El Said will take part in the 53rd edition of the World Economic Forum themed “Cooperation in a fragmented world” in the presence of 52 heads of state as well as finance and ....

  • US dollar exchange rate on pound up at end of transactions

    Date: 2023-01-16 14:44:40 GMT - Egypt - Economy - SN:71 - ID:9971113

    CAIRO, Jan 16 (MENA) - The US dollar exchange rate increased 5-15 piasters at the end of transactions on Monday at government and privately-owned banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate recorded EGP 29.52 for ....

  • Global (8): New Trading Brokerage, Vittaverse, Disrupts the Industry with Copy Trading, Free Trading Challenges and Lucrative Sign-up Bonuses on their Multi-Asset Platform

    Date: 2023-01-16 14:43:03 GMT - Saint Vincent and the Grenadines - Economy - SN:70 - ID:9971139

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================= New Trading Brokerage, Vittaverse, Disrupts the Industry with Copy Trading, Free Trading Challenges and ....

  • GAFI pays greater attention to local investors - chief

    Date: 2023-01-16 14:21:54 GMT - Egypt - Economy - SN:67 - ID:9970954

    CAIRO, Jan 16 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba underscored the authority is paying a greater attention to local investors at present. Efforts are now focused on laying down a short-term plan ....

  • Bourse posts collective gains, all indexes up

    Date: 2023-01-16 14:02:25 GMT - Egypt - Economy - SN:65 - ID:9970928

    CAIRO, Jan 16 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the closing of transactions on Monday, backed by purchase operations of institutions and local investment funds and sales operations by Arab and foreign ....

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