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Economy
- Service : English General
- Category : Economy
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Bourse gains EGP 6.8 bln, all indexes up
Date: 2022-08-07 14:16:51 GMT - Egypt - Economy - SN:33 - ID:9708641
CAIRO, Aug 7 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session, backed by strong purchases by local institutions and investment funds, as well as Egyptian investors. The market capital ....
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1st shipment of compact spinning machines arrives at Alex. port
Date: 2022-08-07 13:51:45 GMT - Egypt - Economy - SN:32 - ID:9708536
CAIRO, Aug 7 (MENA) – The Public Business Sector Ministry said Sunday that the first shipment of modern spinning machines already arrived at Alexandria Port. The machineries should be used as part of a project to upgrade firms affiliated with ....
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CBE: Foreign currency reserves down to $33.143bn by end of July
Date: 2022-08-07 11:49:27 GMT - Egypt - Economy - SN:24 - ID:9708364
CAIRO, Aug 7 (MENA) - The Central Bank of Egypt (CBE) announced Sunday that foreign currency reserves slightly decreased to 33.143 billion dollars by the end of July. This is a drop by 232 million dollars on 33.375 billion reached by the end of ....
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Egypt, WB discuss activating food security agreement
Date: 2022-08-07 11:45:35 GMT - Egypt - Economy - SN:22 - ID:9708196
CAIRO, Aug 7 (MENA) – International Cooperation Minister Rania el Mashat and Supply Minister Aly el Moselhi met Sunday with a delegation of the World Bank to activate a development finance agreement that had been endorsed in June. Worth 500 ....
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Dollar exchange rate stable at Egypt major banks
Date: 2022-08-07 09:04:41 GMT - Egypt - Economy - SN:10 - ID:9707885
CAIRO, Aug 7 (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 19.08 for buying and EGP 19.14 for ....
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Nokia, HMD Global OY, EAI sign cooperation deal
Date: 2022-08-06 14:32:06 GMT - Egypt - Economy - SN:36 - ID:9707188
CAIRO, July 6 (MENA) - Communications and IT Minister Amr Talaat witnessed the inking of a cooperation agreement between Nokia, HMD Global OY and EAI for manufacturing one million mobile devices, including smart and feature phones, within 2022 and ....
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Egypt's printing, packaging exports hit dlrs 614.6mln in 6 months
Date: 2022-08-06 13:32:37 GMT - Egypt - Economy - SN:28 - ID:9706854
CAIRO, Aug 6 (MENA) - The Egyptian Export Council for Printing, Packaging, Paper, Literary and Artistic Works announced that the sector's exports from January to June 2022 rose by 37 percent to hit dlrs 614.6 million, compared to dlrs 449.4 million ....
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Nilepreneurs initiative launch program to localize national industry
Date: 2022-08-06 10:52:34 GMT - Egypt - Economy - SN:25 - ID:9706789
CAIRO, Aug 6 (MENA) - The Nilepreneurs, one of the initiatives launched by the Central Bank of Egypt (CBE) , announced the launch of a new program to localize national industry. The new program, which will be launched in cooperation with Banque ....
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Planning min.: Africa needs dlrs 250bn annually to face climate change
Date: 2022-08-05 17:52:15 GMT - Egypt - Economy - SN:61 - ID:9706085
CAIRO, Aug 5 (MENA) - Minister of Planning and Economic Development Hala El Saeed said that African countries annually need dlrs 250 billion between 2020 and 2030 to fulfil their national pledges to counter climate change. She added that any bold ....
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32 container ships, cargo vessels handled at Damietta Port
Date: 2022-08-05 16:35:09 GMT - Egypt - Economy - SN:50 - ID:9706079
DAMIETTA, Egypt, Aug 5 (MENA) - As many as 32 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement on Friday, the Damietta Port Authority said the total trade volume of exported goods from the port ....
