Economy

  • Service : English General
  • Category : Economy
  • EGX posts collective losses at close of Sunday trading

    Date: 2022-09-18 13:44:06 GMT - Egypt - Economy - SN:42 - ID:9778590

    CAIRO, Sept 18 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading prompted by selling operations by investors, amid growing concerns that world central banks, led by the US Federal Reserve, will continue ....

  • CBE governor participates in Jeddah meetings of Board of Governors of Arab Central Banks

    Date: 2022-09-18 13:25:34 GMT - Egypt - Economy - SN:39 - ID:9778548

    CAIRO, Sept 18 (MENA) - Governor of the Central Bank of Egypt (CBE) Hassan Abdallah on Sunday took part in meetings of the 46th ordinary session of the Board of Governors of Arab Central Banks and Monetary Institutions, hosted by Saudi Arabia's ....

  • Lebanese investors keen on tapping Egyptian market -- Official

    Date: 2022-09-18 13:03:20 GMT - Lebanon - Economy - SN:36 - ID:9778427

    BEIRUT, Sept 18 (MENA) – Lebanese investors are interested in doing business in Egypt, said chairman of the Lebanese economic entities Mohamed Shuqair Sunday. Lebanese investments are strong and the Egyptian market is very promising, Shuqair ....

  • Readymade garments council acts to double exports

    Date: 2022-09-18 11:14:23 GMT - Egypt - Economy - SN:28 - ID:9778149

    CAIRO, Sept 18 (MENA) – The Egyptian Readymade Garments Export Council is acting to sustainably double its exports, it said in a statement Sunday. President Abdel Fattah El Sisi had directed to organize an economic conference, which, according ....

  • US dollar exchange rate stable at major banks in Egypt

    Date: 2022-09-18 08:33:44 GMT - Egypt - Economy - SN:13 - ID:9777851

    CAIRO, Sept 18 (MENA) - The US dollar exchange rate 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 19.37 for buying and EGP 19.43 ....

  • Increase in transit fees essential due to int'l inflation hike - SCA chief

    Date: 2022-09-17 20:42:46 GMT - Egypt - Economy - SN:77 - ID:9777525

    ISMAILIA, Egypt, Sept 17 (MENA) – Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Saturday that an increase in transit fees is essential due to the recent increase in the costs of operation, maintenance, and navigational ....

  • Zohr field allowed Egypt to be self-sufficient in natural gas - Petroleum ministry

    Date: 2022-09-17 19:47:48 GMT - Egypt - Economy - SN:75 - ID:9777437

    CAIRO, Sept 17 (MENA) – Zohr gas field is considered the biggest in the Mediterranean region, Petroleum and Mineral Resources Ministry Spokesman Hamdy Abdel Aziz said on Saturday boasting that it allowed Egypt to be self-sufficient in natural ....

  • PM follows up preparations for National Economic Conf.

    Date: 2022-09-17 17:54:04 GMT - Egypt - Economy - SN:65 - ID:9777187

    CAIRO, Sept 17 (MENA) - Prime Minister Mostafa Madbouli chaired a high-level meeting to follow up preparations for the economic conference ordered by President Abdel Fattah El Sisi. Minister of Planning and Economic Development Hala el Saeed, ....

  • Petroleum min. opens development projects Qalyubia's Mostorod region -- 2 last Cairo

    Date: 2022-09-17 16:21:19 GMT - Egypt - Economy - SN:58 - ID:9777142

    Chairing a meeting of the geographical committee for the region’s oil companies, Molla also followed up the progress of local development projects in the area. He said the ministry’s supreme committee for social responsibility is coordinating ....

  • Petroleum min. opens development projects Qalyubia's Mostorod region

    Date: 2022-09-17 12:31:23 GMT - Egypt - Economy - SN:39 - ID:9776698

    CAIRO, Sept 17 (MENA) - Minister of Petroleum and Mineral Resources Tarek El Molla opened Saturday a number of development projects in Qalyubia's Mostorod region, one of the key areas serving Greater Cairo's energy needs. The area has been ....

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