Economy

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  • Gov't eyes broader Chinese investments in Egypt - PM tells China Energy officials

    Date: 2023-03-08 20:33:55 GMT - Egypt - Economy - SN:81 - ID:10056930

    CAIRO, March 8 (MENA) - Prime Minister Mostafa Madbouli said Wednesday that China is Egypt's No. 1 trade partner. During a meeting today with some officials representing China Energy Investment Corp. (China Energy) to discuss a range of potential ....

  • CBE: Bank deposits hit EGP 8.373 trillion in November

    Date: 2023-03-08 19:09:40 GMT - Egypt - Economy - SN:79 - ID:10056977

    CAIRO, March 8 (MENA) - The Central Bank of Egypt (CBE) on Wednesday announced an increase in bank deposits by around EGP 202 billion at the end of November to reach EGP 8.373 trillion against EGP 8.171 trillion in October. Total governmental ....

  • No withdrawal commissions when using bank ATM machines - federation

    Date: 2023-03-08 18:59:48 GMT - Egypt - Economy - SN:78 - ID:10056962

    CAIRO, March 8 (MENA) - The Federation of Egyptian Banks dismissed as groundless reports circulated on social media regarding withdrawal commissions from banks' automated teller machines (ATMs). The Federation also confirmed in a statement, ....

  • Egypt’s external debt declined to $155bn by end of September: CBE

    Date: 2023-03-08 16:34:54 GMT - Egypt - Economy - SN:62 - ID:10056766

    CAIRO, March 8 (MENA) - The Central Bank of Egypt (CBE) said on Wednesday the volume of external debt owed by Egypt decreased to $155bn by the end of September 2022, a 0.5% decrease of about $700 million if compared with June 2022. In a report, ....

  • global (7): 2023 IWD: Promoting Gender Equity, XCMG Machinery Supports Women to Broaden Career Development Opportunities in Construction Machinery Industry

    Date: 2023-03-08 16:19:54 GMT - Brazil - Economy - SN:61 - ID:10056736

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================ 2023 IWD: Promoting Gender Equity, XCMG Machinery Supports Women to Broaden Career Development Opportunities ....

  • Egypt's exports of copper hit $450 mln in 2022

    Date: 2023-03-08 15:43:17 GMT - Egypt - Economy - SN:58 - ID:10056596

    CAIRO, March 8 (MENA) – The Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) has said that Egypt's exports of copper and its derivatives increased to USD 450 million in 2022, against USD 409 million in 2021, marking ....

  • EGX indices show mixed performance at end of Wednesday's transactions

    Date: 2023-03-08 14:55:23 GMT - Egypt - Economy - SN:52 - ID:10056409

    CAIRO, March 8 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday's trading, amid sales by Arab and foreign institutions and investment funds. Meanwhile, purchases prevailed in transactions of local ....

  • Global (6): MIAX Announces Participation in World Federation of Exchanges' Ring the Bell

    Date: 2023-03-08 14:39:16 GMT - USA - Economy - SN:46 - ID:10056510

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================= MIAX Announces Participation in World Federation of Exchanges' Ring the Bell for Gender Equality 2023 ....

  • CBE renews warning of cryptocurrencies' activities

    Date: 2023-03-08 13:43:16 GMT - Egypt - Economy - SN:43 - ID:10056212

    CAIRO, March 8 (MENA) - The Central Bank of Egypt (CBE) renewed its warning of dealing with all kinds of cryptocurrencies whether via individuals, companies or applications. In a statement on Wednesday, the CBE issued the warning again as news ....

  • Petroleum min., WB director discuss energy transformation efforts

    Date: 2023-03-08 13:22:42 GMT - Egypt - Economy - SN:41 - ID:10056101

    CAIRO, March 8 (MENA) – Petroleum Minister Tareq el Molla met Wednesday with Global Director for the World Bank's Energy and Extractives Global Practice Demetrios Papathanasiou to discuss regional activities and energy transformation. Molla ....

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