Economy

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  • Category : Economy
  • AFDE: Egypt boosts financial inclusion to combat corruption

    Date: 2024-08-23 13:01:57 GMT - Egypt - Economy - SN:27 - ID:10840876

    CAIRO, Aug 23 (MENA) - Vice Chairman of Arab Federation of Digital Economy Abdelwahab Ghoneim emphasized that the Egyptian state seeks to boost digital and financial inclusion system to combat and uproot corruption. He praised Egypt's efforts to ....

  • Egypt keen on developing ports, maritime fleet - Vice minister

    Date: 2024-08-22 17:10:51 GMT - Egypt - Economy - SN:51 - ID:10840169

    ALEXANDRIA, Aug 22 (MENA) - The Ministry of Transport has made the development of Egyptian ports and maritime fleet a top priority, reflecting the significant attention given by the political leadership to various transportation sectors, Vice ....

  • Egyptian delegation to visit Libya soon for reconstruction talks

    Date: 2024-08-22 16:07:05 GMT - Egypt - Economy - SN:49 - ID:10840103

    CAIRO, Aug 22 (MENA) – The Federation of Egyptian Industries (FEI) is organizing a visit for a delegation of industrialists, investors, and real estate developers to Libya to explore opportunities for Egyptian companies to participate in ....

  • Bourse indices up at closing of Thursday's trading

    Date: 2024-08-22 14:47:22 GMT - Egypt - Economy - SN:44 - ID:10840101

    CAIRO, Aug 22 (MENA) - Egyptian Stock Exchange indices recorded collective increases at the closing of Thursday's trading session, affected by purchase operations by institutions and Egyptian, foreign and investment funds and Arab and foreign ....

  • Transport Ministry: 'Tahya Misr' terminal to help raise Alex. port's classification

    Date: 2024-08-22 14:33:17 GMT - Egypt - Economy - SN:43 - ID:10839989

    CAIRO, Aug 22 (MENA) - The Transport Ministry said the Tahya Misr Multipurpose Terminal at Alexandria port was outfitted with the latest operational equipment to deal with the new generation of mega ships, which contributes to raising the ....

  • Cabinet approves deal with EU to support coming generations with 8 million euros

    Date: 2024-08-22 12:46:53 GMT - Egypt - Economy - SN:31 - ID:10839784

    NEW ALAMEIN, Aug 22 (MENA) - The cabinet approved during a meeting, led by Prime Minister Mostafa Madbouli Thursday, a draft presidential decree on a financing agreement of the "EU Support to the Next Generation" program which is funded by the union ....

  • Dollar exchange rate declines at end of Thursday's transactions

    Date: 2024-08-22 12:16:24 GMT - Egypt - Economy - SN:28 - ID:10839700

    CAIRO, Aug 22 (MENA) - The dollar exchange rate inched down during Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar price reached EGP 48.72 for buying and EGP 48.82 for selling. The ....

  • Cabinet approves MoU with EU to boost economy by one billion euros

    Date: 2024-08-22 12:15:33 GMT - Egypt - Economy - SN:27 - ID:10839857

    NEW ALAMEIN, Aug 22 (MENA) - The cabinet under Mostafa Madbouli approved on Thursday a presidential decree approving a memo of understanding with the EU to boost Egypt's economy and budget by one billion euros. The financial assistance aims at ....

  • Nissan Egypt launches financing program with Abu Dhabi Islamic Bank

    Date: 2024-08-22 11:23:27 GMT - Egypt - Economy - SN:23 - ID:10839716

    CAIRO, Aug 22 (MENA) - Nissan Egypt has announced the launch of its financial programs in partnership with Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt). This collaboration, formalized through a cooperation agreement between the two entities, aims ....

  • Financial inclusion rates rose to 71.5% till June 2024 - CBE

    Date: 2024-08-22 10:41:16 GMT - Egypt - Economy - SN:18 - ID:10839639

    CAIRO, Aug 22 (MENA) - The Central Bank of Egypt (CBE) released the core set of financial inclusion indicators for 2024, highlighting a remarkable surge in the financial inclusion rates in Egypt. The number of adults (16 years and above) who own ....

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