Economy

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  • Category : Economy
  • Sisi directs to keep national budget on safe financial, economic path

    Date: 2022-08-21 18:04:03 GMT - Egypt - Economy - SN:52 - ID:9731815

    CAIRO, Aug 21 (MENA) – President Abdel Fattah El Sisi directed Sunday to keep the national budget on a safe financial and economic path as well as draw up a medium-term strategy that aims at reducing the debt-to-GDP ratio. Sisi’s instructions ....

  • CAPMAS says UAE investments in Egypt up 169.1% during 1st half of FY 2021-2022

    Date: 2022-08-21 15:30:11 GMT - Egypt - Economy - SN:46 - ID:9731560

    CAIRO, Aug 21 (MENA) - Central Agency for Public Mobilization and Statistics (CAPMAS) said Sunday that the UAE investments in Egypt have leapfrogged during the first half of Fiscal Year 2021-2022, reaching some 1.9 billion dollars. This is a rise ....

  • EGX gains EGP 11.9bn at close of Sunday trading

    Date: 2022-08-21 13:21:47 GMT - Egypt - Economy - SN:39 - ID:9731450

    CAIRO, Aug 21 (MENA) - The Egyptian Exchange (EGX) gained 11.9 billion pounds at the close of Sunday’s trading amid optimism about improved economic performance in the coming stage with an acting governor of the Central Bank of Egypt (CBE) now in ....

  • Sisi follows up State's financial indicators

    Date: 2022-08-21 10:32:14 GMT - Egypt - Economy - SN:21 - ID:9731111

    CAIRO, Aug 21 (MENA) - President Abdel Fattah El Sisi followed up in a meeting with Prime Minister Moustafa Madbouli on Sunday the indicators of Egypt's financial policy performance indicators, said Presidential spokesman Bassam Radi. The meeting ....

  • Dollar exchange rate stable at Egypt major banks

    Date: 2022-08-21 09:36:00 GMT - Egypt - Economy - SN:14 - ID:9730886

    CAIRO, Aug 21 (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 recorded EGP 19.10 for buying and EGP 19.16 for ....

  • Transport min. inspects integrated projects of Torgman Group

    Date: 2022-08-20 21:04:02 GMT - Egypt - Economy - SN:71 - ID:9730361

    CAIRO, Aug 20 (MENA) - Minister of Transport Kamel el Wazir on Saturday inspected the integrated project of El Masreya For Integrated Projects Co. (Torgman Group). The project includes a passenger transport station, a mall and car parks in ....

  • Global(1):J&T Express Announces Expansion of Sorting Centres and Free Shipping Campaign for Customers in Celebration of Its Seventh Anniversary in Indonesia

    Date: 2022-08-20 17:32:42 GMT - Indonesia - Economy - SN:58 - ID:9730343

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ======================================================-============================== J&T Express Announces Expansion of Sorting Centres and ....

  • Three industrial complexes in Upper Egypt to be put out to tender

    Date: 2022-08-20 14:26:53 GMT - Egypt - Economy - SN:43 - ID:9730047

    CAIRO, Aug 20 (MENA) - Trade and Industry Minster Ahmed Samir said the Industrial Development Authority is putting out to tender three new industry complexes comprising 1,000 industrial units in three Upper Egypt governorates; Qena, Assiut, ....

  • Volume of Egypt’s paints sector may hit $3.6 bln by 2027- official

    Date: 2022-08-20 13:07:40 GMT - Egypt - Economy - SN:35 - ID:9729747

    CAIRO, Aug 20 (MENA) – The volume of Egypt’s paints sector would most probably hit $3.6 billion by 2027, based on several statistics and estimates, an official said Saturday. Abdullah Helmi, head of the paints sector and deputy of the Federation ....

  • MGEC head hails implementing 5th phase of disbursing overdue funds to exporters

    Date: 2022-08-20 12:55:56 GMT - Egypt - Economy - SN:34 - ID:9729787

    CAIRO, Aug 20 (MENA) - Chairperson of the Egyptian Ready Made Garments Export Council (MGEC) Mary Lewis hailed directives by the cabinet to implement the fifth phase of an initiative aimed at paying EGP 10 billion overdue funds to ....

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