Economy

  • Service : English General
  • Category : Economy
  • UK inflation hits 40-year high of 9% as cost of living crisis deepens

    Date: 2022-05-18 18:47:34 GMT - United Kingdom - Economy - SN:87 - ID:9576613

    LONDON, May 18 (MENA) - Inflation has climbed to its highest rate in 40-years as surging energy bills create the worst cost of living squeeze in a generation, Evening Standard reported. Figures from the Office for National Statistics show ....

  • Egypt's Mohamed El Etreby elected as head of Union of Arab Banks

    Date: 2022-05-18 18:12:46 GMT - Egypt - Economy - SN:84 - ID:9576677

    CAIRO, May 18 (MENA) - The Union of Arab Banks elected on Wednesday President of Banque Misr Mohamed el Etreby as the new head of the Union of Arab Banks for a three-year term in succession of Sheikh Mohamed al Garah al Sabah. Etreby was serving ....

  • Egypt's dates exports to Malaysia up to 2.3 million dollars during Q1 of 2022

    Date: 2022-05-18 18:03:57 GMT - Egypt - Economy - SN:82 - ID:9576673

    CAIRO, May 18 (MENA) - Egypt's dates exports to Malaysia witnessed a boom during the first quarter of 2022 to record 2.3 million dollars against 1.4 million dollars in the corresponding period of 2021. Egypt's dates exports during the first ....

  • Brazilian market has promising opportunities for Egyptian food products: FEC

    Date: 2022-05-18 17:44:52 GMT - Egypt - Economy - SN:80 - ID:9576559

    CAIRO, May 18 (MENA) - The Food Export Council (FEC) has coordinated with the Arab-Brazilian Chamber of Commerce to arrange visits by 13 Egyptian companies, taking part in the APAS trade show 2022 in Sao Paulo, Brazil, to some of the top wholesale ....

  • EgyptAir Cargo contracts with AEI to convert B737/800SF passenger plane into freighter

    Date: 2022-05-18 16:23:08 GMT - Egypt - Economy - SN:72 - ID:9575456

    CAIRO, May 18 (MENA) - Board Chairman of EgyptAir Holding Company Amr Abul Enein has said that Egypt Air Cargo signed a contract with Aeronautical Engineers Inc. (AEI) to convert B737/800SF passenger plane into a freighter. The AEI is a global ....

  • All EGX indices up, benchmark increases 0.27 pct

    Date: 2022-05-18 15:11:56 GMT - Egypt - Economy - SN:65 - ID:9576139

    CAIRO, May 18 (MENA) - The Egyptian Exchange (EGX) indices went up collectively at the close of Wednesday's trading, pushed by purchases from local institutions and investment funds. Meanwhile, sales prevailed in transactions of Arab and foreign ....

  • Public business sector min., ITFC discuss joint cooperation opportunities

    Date: 2022-05-18 14:50:03 GMT - Egypt - Economy - SN:61 - ID:9575915

    CAIRO, May 18 (MENA) – Minister of Public Business Sector Hisham Tawfiq discussed with CEO of the International Islamic Trade Finance Corporation (ITFC) Hani Salem Sonbol and his accompanying delegation cooperation opportunities between both ....

  • COP27 'opportunity to shed light on' Africa’s efforts to transform to green economy - min.

    Date: 2022-05-18 14:03:18 GMT - Egypt - Economy - SN:51 - ID:9575894

    CAIRO, April 18 (MENA) – International Cooperation Minister Rania Mashat said that the 27th United Nations Climate Change conference (COP27), expected to be held in November in Sharm el Sheikh, is considered as an opportunity to shed light on ....

  • CBE: We take proactive measures against int'l crises 2 last Cairo

    Date: 2022-05-18 13:47:14 GMT - Egypt - Economy - SN:47 - ID:9575694

    Governor of the Central Bank of Egypt (CBE) Tareq Amer said negotiations with the International Monetary Fund is going on well, noting that the banking sector has injected funds into various economic sectors. He stressed that the Egyptian banking ....

  • Global (6): Lucid Advances Global Sustainability Vision, Announcing New Details for First Overseas Manufacturing Facility with Partners in Saudi Arabia

    Date: 2022-05-18 13:17:55 GMT - Kingdom of Saudi Arabia - Economy - SN:43 - ID:9575972

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== Lucid's new factory to bring advanced electric vehicle ....

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