Economy

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  • Category : Economy
  • CBE says Egypt's cash reserves hit dlrs 34.551 billion by end of April

    Date: 2023-05-03 16:46:37 GMT - Egypt - Economy - SN:62 - ID:10139981

    CAIRO, May 3 (MENA) - The Central Bank of Egypt said on Wednesday that net international reserves increased to $34.551bn in April 2023, compared to $34.447bn in March, a growth of about $104 million. (MENA) S R E ....

  • Global (5): NEOWIZ's Intella X Launches $10M Gaming Initiative Grant Program to Supercharge Web3 Gaming Ecosystem

    Date: 2023-05-03 14:38:38 GMT - south korea - Economy - SN:52 - ID:10139706

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ =============================================================== PANGYO, South Korea, May 3, 2023 /PRNewswire/ -- Intella X, in partnership with South Korean gaming ....

  • EGX indexes down at end of Wednesday trading

    Date: 2023-05-03 14:14:46 GMT - Egypt - Economy - SN:50 - ID:10139407

    CAIRO, May 3 (MENA) - Egyptian Exchange (EGX) indexes posted collective losses at the close of Wednesday's trading prompted by selling operations by local and foreign investment funds and institutions. The market capital lost EGP one billion to ....

  • Mashat calls on int'l community to provide sustainable finance to developing countries

    Date: 2023-05-03 12:34:25 GMT - Egypt - Economy - SN:39 - ID:10139027

    CAIRO, May 3 (MENA) - Minister of International Cooperation Rania Al Mashat said on Wednesday that COVID-19 pandemic revealed the fragility of the global social and economic system and its inability to deal with the crises. During her ....

  • Global (4): Driven by Innovation: DXC Technology Announces Partnership with Scuderia Ferrari

    Date: 2023-05-03 12:32:42 GMT - USA - Economy - SN:37 - ID:10139335

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ‎ =============================================================== * Multi-year agreement includes commitment to engineer automotive digital solutions * DXC logo to ....

  • Egypt seeks to attract more Japanese investments -- Minister

    Date: 2023-05-03 10:44:52 GMT - Egypt - Economy - SN:32 - ID:10138813

    CAIRO, May 3 (MENA) – Trade and Industry Minister Ahmed Samir met Wednesday with Jun Karube, a former chairman of Toyota Tsusho Corp, to discuss ways to attract more Japanese investments to Egypt. Following directives by President Abdel Fattah ....

  • PM: Inl'l press conf. within days to discuss latest economic developments

    Date: 2023-05-03 10:44:11 GMT - Egypt - Economy - SN:31 - ID:10138934

    CAIRO, May 3 (MENA) - Prime Minister Moustafa Madbouli announced that an international press conference will be organized within days for Egyptian and foreign media outlets and representatives to explain in details factors related to the economic ....

  • Trade balance deficit down in February by 48.2%

    Date: 2023-05-03 10:32:45 GMT - Egypt - Economy - SN:26 - ID:10138822

    CAIRO, May 3 (MENA) - The deficit in trade balance decreased in February by 48.2% to record $2.10 billion in comparison to $4.06 billion in the same period in 2022. The value of exports decreased by 22.2% in February to record 3.44 billion ....

  • WB report underlines increase in EU LNG imports in 2022

    Date: 2023-05-03 10:31:13 GMT - Egypt - Economy - SN:24 - ID:10138719

    CAIRO, May 3 (MENA) - In 2022, the EU significantly increased its liquefied natural gas (LNG) imports from the United States, Angola, Norway, Qatar, and Egypt, and via pipeline from Azerbaijan and Norway, a recent World Bank (WB) report says. ....

  • Wazir inspects Abbassiya railway workshops to start modern line

    Date: 2023-05-03 10:30:42 GMT - Egypt - Economy - SN:25 - ID:10138931

    CAIRO, May 3 (MENA) - Transport Minister Kamel el Wazir inspected Wednesday the Abbassiya workshop for the production of railway switches, in presence of Austrian experts in order to kick-start an advanced production line, according to a statement ....

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