Economy

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  • Category : Economy
  • US dollar exchange rate stable at major banks in Egypt

    Date: 2022-10-09 08:49:28 GMT - Egypt - Economy - SN:17 - ID:9812749

    CAIRO, Oct 9 (MENA) - The US dollar exchange was stable at the beginning of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 19.61 for buying and EGP 19.67 for ....

  • FEI official urges building Indian free zone for cotton yarn, polyester

    Date: 2022-10-08 15:09:56 GMT - Egypt - Economy - SN:49 - ID:9811990

    CAIRO, Oct 8 (MENA) - Mohamed Abdel Salam, Chairperson of the Ready-made Garments Chamber at the Federation of Egyptian Industries (FEI), called on Indian businessmen to establish a free zone for cotton yarn and polyester in Egypt to provide the ....

  • Egyptian agricultural exports see boom - official

    Date: 2022-10-08 14:18:46 GMT - Egypt - Economy - SN:44 - ID:9812007

    CAIRO, Oct 8 (MENA) – Assistant Agriculture Minister and spokesman of the Agriculture Ministry Mohamed el Qersh said Saturday that the Egyptian agricultural exports have been seeing a boom nowadays, thanks to the projects and structural reforms the ....

  • NBE raise interest rates on dollar certificates

    Date: 2022-10-08 13:55:56 GMT - Egypt - Economy - SN:43 - ID:9812084

    CAIRO, Oct 8 (MENA) - The National Bank of Egypt (NBE) said Saturday it would raise interest rates on dollar-saving certificates as of Sunday. The decision covers the certificates of three, five, and seven-year certificates, as well as new ....

  • Execution of 1st trade deal with Ghana deemed activation to AfCFTA- minister

    Date: 2022-10-08 13:41:52 GMT - Ghana - Economy - SN:41 - ID:9811961

    ACCRA, Oct 8 (MENA) - Trade and Industry Ahmed Samir said Saturday that initiation of the first trade deal with Ghana through exporting Egyptian food products is seen as a first step to get out the most advantage of the African continental free ....

  • Egypt enjoys great potentials in producing, exporting dates- minister

    Date: 2022-10-08 13:06:09 GMT - Egypt - Economy - SN:39 - ID:9811912

    CAIRO, Oct 8 (MENA) – Egypt is deemed the world top dates producer, and enjoys great potentials in dates production and exports, Minister of Trade and Industry Ahmed Samir said Saturday. Samir’s comments came in a speech he delivered during his ....

  • Economic conference deemed lifeline for national economy - official

    Date: 2022-10-08 12:22:49 GMT - Egypt - Economy - SN:36 - ID:9811811

    CAIRO, Oct 8 (MENA) – Vice president of the Egyptian Trade Union Federation (ETUF) Hisham Farouk said Saturday that the economic conference, called for by President Abdel Fattah El Sisi, is deemed a lifeline for the national economy. Farouk ....

  • Trade min.: We target expanding industrial activities in Upper Egyptian governorates

    Date: 2022-10-08 11:18:46 GMT - Egypt - Economy - SN:29 - ID:9811725

    CAIRO, Oct 8 (MENA) - Minister of Trade and Industry Ahmed Samir said his ministry targets achieving inclusive and sustainable industrial development, through expansion of industrial activities in Upper Egyptian governorates and injecting further ....

  • Finance ministry works on expanding vehicle replacement initiative - min.

    Date: 2022-10-08 11:17:36 GMT - Egypt - Economy - SN:28 - ID:9811679

    CAIRO, Oct 8 (MENA) – Finance Minister Mohamed Maeet said the ministry aims to expand in carrying out the presidential initiative on replacing old cars by natural gas-powered vehicles in coincidence with the United Nations climate change conference ....

  • 29 container ships, cargo vessels handled at Damietta Port

    Date: 2022-10-07 19:34:27 GMT - Egypt - Economy - SN:61 - ID:9811292

    DAMIETTA, Oct 7 (MENA) – As many as 29 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement on Friday, the Damietta Port Authority said the total trade volume of exported goods from the port reached ....

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