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Economy
- Service : English General
- Category : Economy
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GIZ organizes two workshops on chemical, engineering industries in Cairo
Date: 2022-12-22 21:29:14 GMT - Egypt - Economy - SN:69 - ID:9935403
CAIRO, Dec 22 (MENA) - The German Agency for International Cooperation (GIZ) organized two workshops for the chemical and engineering sectors in Alexandria with the participation of 300 business companies. In a statement posted on its Facebook ....
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CBE warns against misuse of credit, debit cards
Date: 2022-12-22 20:12:45 GMT - Egypt - Economy - SN:68 - ID:9935445
CAIRO, Dec 22 (MENA) - The Central Bank of Egypt (CBE) has asked banks to contact customers, via any means of communication, to warn them against the misuse of credit and debit cards. The warning targets customers who are not travelling ....
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CBE explains reasons for raising interest rates by 300 bps
Date: 2022-12-22 19:45:17 GMT - Egypt - Economy - SN:67 - ID:9935478
CAIRO, Dec 22 (MENA) - The Monetary Policy Committee (MPC) decided to raise the Central Bank of Egypt’s (CBE) deposit rate, overnight lending rate, and the rate of the main operation by 300 basis points to 16.25%, 17.25%, and 16.75%, respectively. ....
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CBE raises key interest rates by 300 bps
Date: 2022-12-22 17:43:58 GMT - Egypt - Economy - SN:64 - ID:9935411
CAIRO, Dec 22 (MENA) - The Central Bank of Egypt (CBE) monetary policy committee on Thursday decided to raise key interest rates by 300 basis points. The CBE set the overnight deposit rate, the overnight lending rate and the rate of the main ....
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Cabinet: 48 commercial activities excluded from obtaining security approvals
Date: 2022-12-22 16:20:11 GMT - Egypt - Economy - SN:51 - ID:9935270
CAIRO, Dec 22 (MENA) - The Cabinet, under Prime Minister Moustafa Madbouli, approved during its Thursday meeting amending the decision No. 37/2022. Earlier, the local development minister named 83 different commercial activities that require ....
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Collective decline in Egypt bourse indexes at close of week trading
Date: 2022-12-22 13:09:29 GMT - Egypt - Economy - SN:42 - ID:9934915
CAIRO, Dec 22 (MENA) - Egyptian Exchange (EGX) indexes went down collectively at the close of the week's trading amid sales by foreign and Arab institutions and investment funds. Meanwhile, purchases prevailed in transactions of local ....
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EGX chairman to MENA: Egypt to launch first market for trading carbon certificates
Date: 2022-12-22 12:45:16 GMT - Egypt - Economy - SN:38 - ID:9934764
ALEXANDRIA, Egypt, Dec 22 (MENA) - Egypt will launch the first market for trading carbon certificates, said Chairman of the Egyptian Exchange (EGX) Rami el Dokani. The Egyptian projects will have a promising future in trading carbon ....
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Deadline for tax dispute settlement applications set for Dec. 31 – official
Date: 2022-12-22 10:52:05 GMT - Egypt - Economy - SN:32 - ID:9934421
CAIRO, Dec 22 (MENA) – Assistant Finance Minister for taxes affairs Reda Abdel Qader said on Thursday the deadline for submitting applications for tax dispute settlement will be December 31. In a statement, he urged tax payers and those who have ....
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MoU signed between Egypt's manpower project, Port Said Investors Association
Date: 2022-12-22 09:51:09 GMT - Egypt - Economy - SN:24 - ID:9934217
CAIRO, Dec 22 (MENA) – Egypt's Manpower Project inked on Thursday a Memorandum of Understanding (MoU) with Port Said Investors Association to carry out a program on training for recruitment. The project, which is funded by the US Agency for ....
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Dollar price stable at Egypt's major banks
Date: 2022-12-22 09:38:24 GMT - Egypt - Economy - SN:19 - ID:9934287
CAIRO, Dec 22 (MENA) - The US dollar exchange rate was stable at the beginning of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 24.64 for buying and EGP 24.69 ....
