Economy

  • Service : English General
  • Category : Economy
  • PM, CBE governor confer on economic files

    Date: 2022-08-28 15:29:11 GMT - Egypt - Economy - SN:49 - ID:9742810

    CAIRO, Aug 28 (MENA) – Prime Minister Moustafa Madbouli met Sunday with governor of the Central Bank of Egypt (CBE) Hassan Abdullah to discuss a number of economic files. The meeting focused on the monetary policy and the positive effect ....

  • Public business sector min. inspects project to develop "Misr Spinning and Weaving Company" 2 last Cairo

    Date: 2022-08-28 15:17:38 GMT - Egypt - Economy - SN:48 - ID:9742813

    The minister visited the world's largest spinning factory (Ghazl 1), which contains nearly 185,000 spinning mills. The 62,000 square-meter-factory is due to start trial operation in 2023. It is expected to daily produce 30 tons of fine yarn ....

  • Public business sector min. inspects project to develop "Misr Spinning and Weaving Company"

    Date: 2022-08-28 14:58:42 GMT - Egypt - Economy - SN:35 - ID:9742595

    CAIRO, Aug 28 (MENA) - Minister of Public Business Sector Mahmoud Esmat on Sunday paid a visit to Gharbia governorate, where he inspected a project to develop the Misr Spinning and Weaving Company in El Mahalla El Kubra city. Esmat said this ....

  • Egypt, Japan launch high-level dialogue on development cooperation policies

    Date: 2022-08-28 14:49:42 GMT - Egypt - Economy - SN:42 - ID:9742710

    CAIRO, Aug 28 (MENA) - International Cooperation Minister Rania El Mashat and Japanese Ambassador in Cairo Oka Hiroshi launched the Egypt-Japan high-level dialogue on development cooperation policies. Mashat said this dialogue aims to foster ....

  • EGX indexes show mixed performance, benchmark down 1.06%

    Date: 2022-08-28 13:48:26 GMT - Egypt - Economy - SN:40 - ID:9742808

    CAIRO, Aug 28 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading. The market capital lost some 3 billion pounds and registered EGP 689.7 billion after transactions totaled EGP 1.2 billion. The ....

  • EGX chairman stresses coordination with parties concerned to enhance trading

    Date: 2022-08-28 10:27:32 GMT - Egypt - Economy - SN:21 - ID:9742269

    CAIRO, Aug 28 (MENA) – Chairman of the Egyptian Exchange Ramy el Dakkani said Sunday that he will act to implement policies needed to upgrade the performance of the EGX. In statements after emerging from a meeting with chairman of the Financial ....

  • Finance ministry urges swift payment of taxes to benefit from facilities

    Date: 2022-08-28 09:20:07 GMT - Egypt - Economy - SN:15 - ID:9742242

    CAIRO, Aug 28 (MENA) - The Finance Ministry urged swift payment of taxes and due fees ahead of the end of August as this is the last chance to benefit from tax facilities offered under the law of pardoning delay in payment. In a statement on ....

  • US doolar exchange rate stable at beginning of week transactions

    Date: 2022-08-28 09:01:43 GMT - Egypt - Economy - SN:14 - ID:9742157

    CAIRO, Aug 28 (MENA) - The US dollar exchange rate remained stable at beginning of Sunday transactions in Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 19.14 for buying and EGP 19.20 for ....

  • All customer deposits are safe - FEB chairman

    Date: 2022-08-27 19:10:11 GMT - Egypt - Economy - SN:71 - ID:9741789

    CAIRO, Aug 27 (MENA) - All customer deposits are safe, whether in Egyptian pounds or US dollars, Chairman of Banque Misr and the Federation of Egyptian Banks (FEB) Mohamed El-Etreby said Saturday. Egyptian banks have financial liquidity, he added ....

  • PM welcomes Toyota Tsusho's interest in investing in Egypt

    Date: 2022-08-27 16:52:36 GMT - Tunisia - Economy - SN:60 - ID:9741601

    TUNIS, Aug 27 (MENA) - Egyptian Prime Minister Moustafa Madbouli welcomed the interest of the Toyota Tsusho Corporation to invest in Egypt. He noted that the company signed a memorandum of understanding with the General Authority for Suez Canal ....

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