Economy

  • Service : English General
  • Category : Economy
  • US interest rate hikes by 0.25 percentage point to tame inflation

    Date: 2023-02-01 19:42:22 GMT - USA - Economy - SN:91 - ID:9998126

    WASHINGTON, Feb 1 (MENA) - The US Federal Reserve raised its key short-term interest rate by a quarter percentage point Wednesday, throttling back from a half-point hike in December and acknowledging that a historic inflation spike is slowing, USA ....

  • Electricity minister to fly to Senegal for 2nd Dakar financing summit

    Date: 2023-02-01 16:05:29 GMT - Egypt - Economy - SN:76 - ID:9997727

    CAIRO, Feb 1 (MENA) – Minister of Electricity and Renewable Energy Mohamed Shaker will head to the Senegalese capital Dakar to participate in the 2nd Dakar Financing Summit for Africa's Infrastructure Development (DFS-2), due to be held on Thursday ....

  • EGX indices show mixed performance

    Date: 2023-02-01 15:53:47 GMT - Egypt - Economy - SN:73 - ID:9997725

    CAIRO, Feb 1 (MENA) – Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday's trading amid purchases from Arab institutions and investment funds. Meanwhile, sales prevailed in transactions of local and foreign ....

  • Global (6): SAUDI ARABIA WINS HOSTING RIGHTS OF THE AFC ASIAN CUP™ 2027

    Date: 2023-02-01 14:54:43 GMT - Kingdom of Saudi Arabia - Economy - SN:69 - ID:9997784

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================== RIYADH, Saudi Arabia, Feb. 1, 2023 /PRNewswire/ -- For the very first time in its rich history, ....

  • Railways revenues hit EGP 3.9 billion in 2022 - CAPMAS

    Date: 2023-02-01 14:43:11 GMT - Egypt - Economy - SN:68 - ID:9997770

    CAIRO, Feb 1 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said revenues of railways recorded EGP 3.9 billion in 2022, marking a 10.7 percent in comparison with 2021. In a press release on Wednesday, CAPMAS said the ....

  • PM says gov't to announce soon plan of listing 20 companies on Bourse

    Date: 2023-02-01 14:30:58 GMT - Egypt - Economy - SN:67 - ID:9997643

    CAIRO, Feb 1 (MENA) – Prime Minister Mostafa Madbouli revealed on Wednesday that the government will announce soon its plan of listing more than 20 companies on the Egyptian Stock Exchange (EGX). In a press release, the cabinet said the premier ....

  • CAPMAS: Money deposited in savings fund hit EGP 119.7 bn in 2021-2022

    Date: 2023-02-01 13:55:08 GMT - Egypt - Economy - SN:62 - ID:9997594

    CAIRO, Feb 1 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the money deposited in the savings fund hit EGP 119.7 billion in 2021-2022, marking a 16.1 percent rise in comparison with 2020-2021. According to ....

  • Cabinet agrees in principle to grant four projects "golden license"

    Date: 2023-02-01 12:10:51 GMT - Egypt - Economy - SN:53 - ID:9997244

    CAIRO, Feb 1 (MENA) - The Cabinet has agreed in principle to consider four projects submitted by a number of companies as strategic projects in accordance with article no. 20 of the investment law promulgated by Law No. 72 of 2017. During its ....

  • EBRD, British International Investment provide USD 100m subordinated loan to Banque du Caire

    Date: 2023-02-01 12:10:04 GMT - Egypt - Economy - SN:52 - ID:9997237

    CAIRO, Feb 1 (MENA) – The European Bank for Reconstruction and Development (EBRD) and British International Investment (BII) are providing a US$ 100 million subordinated loan to Banque du Caire (BDC), one of Egypt’s largest banks, strengthening ....

  • Global (5): OANDA Scoops Top Industry Awards: TradingView's 'Most Popular Broker' Award and 'Best in Class' Honours with ForexBrokers.com

    Date: 2023-02-01 11:08:31 GMT - United Kingdom - Economy - SN:44 - ID:9997186

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================== LONDON, Feb. 1, 2023 /PRNewswire/ -- We are proud to announce that our commitment to serving traders has ....

Middle East News Agency © - designed and developed : GCSSD