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Economy
- Service : English General
- Category : Economy
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Gov't to examine proposed scenarios to effectively deal with high inflation
Date: 2023-03-19 19:39:01 GMT - Egypt - Economy - SN:67 - ID:10074504
CAIRO, March 19 (MENA) - Prime Minister Mostafa Madbouli instructed the bodies concerned to examine proposed scenarios, including additional actions, to come up with quick decisions that help in effectively dealing with high inflation. Madbouli ....
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Sisi directs to maintain fiscal discipline, ensure financial sustainability of State's general budget
Date: 2023-03-19 17:31:44 GMT - Egypt - Economy - SN:60 - ID:10074418
CAIRO, March 19 (MENA) - President Abdel Fattah El Sisi instructed the government to work for maintaining fiscal discipline and ensuring financial sustainability of the State's general budget. During a meeting with Prime Minister Mostafa Madbouli ....
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Egyptian exports to UK increased in 2022
Date: 2023-03-19 17:19:08 GMT - Egypt - Economy - SN:59 - ID:10074286
CAIRO, March 19 (MENA) - Egypt's exports to the United Kingdom achieved an unprecedented leap in 2022 shortly after the Egyptian-British Association Agreement took effect. A report issued Sunday by trade commissioner Yehya el Wathiq-Bellah, the ....
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UAB calls for benefitting from CBE experiment in sustainable finance
Date: 2023-03-19 16:08:32 GMT - Egypt - Economy - SN:52 - ID:10074201
SHARM EL SHEIKH, Egypt, March 19 (MENA) - Participants in the Sustainability and Sustainable Finance Forum that wrapped up in Sharm El Sheikh Sunday, called on Arab banks to make use of the Central Bank of Egypt's experiment in the field of ....
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CBE: Mothers allowed to open bank, savings accounts for their minor children
Date: 2023-03-19 15:51:07 GMT - Egypt - Economy - SN:50 - ID:10074195
CAIRO, March 19 (MENA) - The Central Bank of Egypt (CBE) issued clear instructions for banks to allow mothers to open bank and savings accounts for their minor children. This move comes within the framework of the CBE's efforts to facilitate ....
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FRA okays Emirati NPH offer to acquire Pachin
Date: 2023-03-19 14:53:26 GMT - Egypt - Economy - SN:47 - ID:10074204
CAIRO, March 19 (MENA) - The Financial Regulatory Authority (FRA) gave its approval to the offer submitted by the Emirati National Paints Holding Company (NPH) to take over the Paint and Chemical Industries (Pachin) company for EGP 34 per ....
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Bourse shows mixed performance at close of Sunday trading
Date: 2023-03-19 13:44:42 GMT - Egypt - Economy - SN:45 - ID:10074067
CAIRO, March 19 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading session, amid selling operations by local and foreign institutions and investment funds, against purchases by Arab institutions and ....
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Global(2):Air Products Qudra Signs Agreement with ENOWA to Build, Own and Operate NEOM's First Hydrogen Fueling Station
Date: 2023-03-19 12:13:32 GMT - USA - Economy - SN:37 - ID:10073971
Dear subscribers, the following is a global bulletin published for PRNewswire: =================================================================== LEHIGH VALLEY, Pa., March 19, 2023 /PRNewswire/ -- Air Products Qudra today announced it has ....
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Egypt resorted to advancing legislative framework for FDI: IDSC
Date: 2023-03-19 10:18:48 GMT - Egypt - Economy - SN:29 - ID:10073693
CAIRO, March 19 (MENA) - Egypt resorted to advancing the legislative framework for direct foreign investment (FDI), said the Information and Decision Support Center (IDSC). The government has worked on implementing economic reform programs in order ....
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Dollar rate stable at Egypt's major banks
Date: 2023-03-19 09:01:56 GMT - Egypt - Economy - SN:18 - ID:10073524
CAIRO, March 19 (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 registered EGP 30.75 for buying and EGP 30.85 ....
