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Economy
- Service : English General
- Category : Economy
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Egypt achieved growth rate of 6.6% during FY 2021-22: Planning minister
Date: 2022-08-25 19:42:47 GMT - Egypt - Economy - SN:75 - ID:9738630
ALAMEIN, Egypt, Aug 25 (MENA) - Egypt achieved a growth rate of 6.6 percent during previous FY 2021-2022, compared to a growth rate of 3.3% in a year earlier, said Planning and Economic Development Minister Hala el Said. While reviewing the ....
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PM issues decision appointing Dokany head of EGX
Date: 2022-08-25 18:00:06 GMT - Egypt - Economy - SN:94 - ID:9739068
ALAMEIN, Egypt, Aug 25 (MENA) - Prime Minister Mostafa Madbouli on Thursday issued a decision appointing Ramy El-Dokany as head of the Egyptian Stock Exchange (EGX) board for one year term. He also decided to appointed Hebatallah El Serafy as ....
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Seven Egyptian, Kuwaiti banks among top 1,000 banks worldwide
Date: 2022-08-25 17:10:17 GMT - Kuwait - Economy - SN:91 - ID:9738866
KUWAIT CITY, Aug 25 (MENA) - Seven Egyptian and Kuwaiti banks have been listed among the largest 1,000 banks globally, Secretary General of the Union of Arab Banks (UAB) Wissam Fattouh said on Thursday. Over 70 Arab banks have entered the ....
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EBA, Russian delegation discuss promoting economic relations
Date: 2022-08-25 16:40:45 GMT - Egypt - Economy - SN:89 - ID:9738609
CAIRO, Aug 25 (MENA) - Members of the Egyptian Businessmen's Association (EBA) discussed during a meeting Thursday with a delegation of Russian businessmen ways to promote economic and trade relations between Egyptian and Russian ....
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FRA chairman welcomes PM's decision to reconstitute its board of directors
Date: 2022-08-25 16:34:12 GMT - Egypt - Economy - SN:88 - ID:9738585
CAIRO, Aug 25 (MENA) - Chairman of the Financial Regulatory Authority (FRA) Mohamed Farid has welcomed Prime Minister Mostafa Madbouli’s decision to reconstitute the authority’s board of directors. In a statement released by FRA on Thursday, ....
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Egypt's central bank cancels maximum cash deposit limit in banks
Date: 2022-08-25 15:40:06 GMT - Egypt - Economy - SN:82 - ID:9738906
CAIRO, Aug 25 (MENA) - The Central Bank of Egypt (CBE) cancelled on Thursday the maximum limit of cash deposits for both individuals and companies either at bank branches or through ATMs. During the COVID-19 crisis, the bank set a maximum limit ....
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US dollar exchange rate up by one piaster
Date: 2022-08-25 14:43:28 GMT - Egypt - Economy - SN:74 - ID:9738587
CAIRO, Aug 25 (MENA) - The US dollar exchange rate slightly increased by one piaster at Egypt's major banks at the end of Thursday's transactions and week trading. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered ....
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Cabinet grants EGAS, ENPPI oil exploration rights off northeastern El Arish coast
Date: 2022-08-25 13:46:32 GMT - Egypt - Economy - SN:68 - ID:9738435
EL ALAMEIN, Egypt, Aug 25 (MENA) - The Cabinet approved in principal Thursday granting the Egyptian Natural Gas Holding Company (EGAS) and the Engineering for the Petroleum & Process Industries (ENPPI) rights for oil and natural gas exploration and ....
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Bourse gains EGP 10.4 bln, all indexes up
Date: 2022-08-25 13:27:42 GMT - Egypt - Economy - SN:64 - ID:9738547
CAIRO, Aug 25 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by strong purchases by local and Arab institutions and investment funds. The market capital gained about EGP 10.4 ....
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Legal measures to be taken against companies committed to join e-invoice system: ETA head
Date: 2022-08-25 11:25:04 GMT - Egypt - Economy - SN:54 - ID:9738236
CAIRO, Aug 25 (MENA) - Head of the Egyptian Tax Authority (ETA) Mokhtar Tawfiq said the companies committed to join the e-invoice system in the previous stage should join quickly in order not to take legal measures against them. The ETA will not ....
