Economy

  • Service : English General
  • Category : Economy
  • EGP posts slight gains at end of Monday trading

    Date: 2022-10-10 13:44:31 GMT - Egypt - Economy - SN:59 - ID:9815189

    CAIRO, Oct 10 (MENA) - Egyptian Exchange (EGX) indexes posted slight gains at the close of Monday's trading amid purchases by local, Arab and foreign investors. The market capital reached EGP 692.3 billion. The EGX 30 benchmark index ....

  • Invoices issued to 684 exporting companies with total support worth EGP 5.4 bln - minister

    Date: 2022-10-10 13:28:42 GMT - Egypt - Economy - SN:57 - ID:9815019

    CAIRO, Oct 10 (MENA) - The Export Development Fund has so far issued invoices to 684 exporting companies, with total support amounting to EGP 5.4 billion and a net of EGP 4.3 billion, after deducting all service fees and debts, according to Minister ....

  • Egypt's net FDI inflows hit nearly dlrs 9 bln: Cabinet

    Date: 2022-10-10 13:10:52 GMT - Egypt - Economy - SN:56 - ID:9815090

    CAIRO, Oct 10 (MENA) - Net foreign direct investment (FDI) inflows rose by 71.4% to hit about dlrs 8.9 billion during last fiscal year (FY) 2021-2022, if compared to the same period last fiscal year (FY) 2021-2022. This is the highest increase ....

  • Int'l Cooperation Ministry highlights aspects of Egypt-WBG cooperation

    Date: 2022-10-10 12:50:38 GMT - Egypt - Economy - SN:54 - ID:9814938

    CAIRO, Oct 10 (MENA) - The International Cooperation Ministry reviewed the most significant features of development cooperation between Egypt and the World Bank Group (WBG). This came in a report, issued by the ministry on Sunday, in conjunction ....

  • Egypt's furniture exports hit dlrs 170 mln in 1st 8 months of 2022

    Date: 2022-10-10 12:39:21 GMT - Egypt - Economy - SN:53 - ID:9815030

    CAIRO, Oct 10 (MENA) - The Egyptian Furniture Export Council said the sector's exports during the first eight months of 2022 decreased by 8 percent to dlrs 170 million compared to dlrs 185 million during the same period of 2021. A monthly report ....

  • Global (8): OneConnect unveils OneConnect Smart Technology in the UAE

    Date: 2022-10-10 12:19:00 GMT - United Arab Emirates - Economy - SN:52 - ID:9815061

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ ABU DHABI, UAE, Oct. 10, 2022 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd ("OneConnect" ....

  • Global (7): M4Markets Acquires CySEC Licence to Cater to European Clients

    Date: 2022-10-10 11:10:45 GMT - Cyprus - Economy - SN:44 - ID:9814876

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ NICOSIA, Cyprus, Oct. 10, 2022 /PRNewswire/ -- Global FX and CFD broker M4Markets has announced today ....

  • Global (6): Multiverse Labs launches world's first city in metaverse with government of Sharjah, United Arab Emirates

    Date: 2022-10-10 10:55:59 GMT - United Arab Emirates - Economy - SN:42 - ID:9814843

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ Sharjahverse is the world's first government-backed metaverse city available to the public. DUBAI, ....

  • Global (5): Tencent Cloud Premieres at GITEX in Dubai to Showcase Gaming, Media and Mobile Solutions

    Date: 2022-10-10 09:28:24 GMT - United Arab Emirates - Economy - SN:30 - ID:9814517

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ================================================================ Tencent Cloud Premieres at GITEX in Dubai to Showcase Gaming, Media and Mobile Solutions Leading ....

  • PM follows up IPOs program

    Date: 2022-10-10 09:27:39 GMT - Egypt - Economy - SN:27 - ID:9814307

    CAIRO, Oct 10 (MENA) - Prime Minister Moustafa Madbouli presided over a meeting on Monday to follow up on the latest developments related to the initial public offerings (IPOs) program. The meeting was attended by Finance Minister Mohamed Maait, ....

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