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Economy
- Service : English General
- Category : Economy
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EGX shows mixed performance at close of Monday's trading
Date: 2025-02-10 13:06:28 GMT - Egypt - Economy - SN:26 - ID:11061603
CAIRO, Feb 10 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Monday's trading session, amid purchases by Arab and foreign institutions and investment funds and Arab investors, against sales by Egyptian institutions ....
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House okays agreement with AFDB to replace LIBOR with SOFR
Date: 2025-02-10 12:34:21 GMT - Egypt - Economy - SN:23 - ID:11061357
CAIRO, Feb 10 (MENA) - The House of Representatives on Monday approved a presidential decree okaying an agreement with the African Development Bank Group (AFDB) to replace the London Interbank Offered Rate (LIBOR) as a reference interest rate with ....
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34 containers, cargo ships handled at Damietta Port
Date: 2025-02-10 12:26:56 GMT - Egypt - Economy - SN:22 - ID:11061484
DAMIETTA, Egypt, Feb 10 (MENA) – As many as 34 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Monday, the Damietta Port Authority said that the total volume of exported goods from ....
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Finance Ministry auctions T-bills worth EGP 65bn
Date: 2025-02-10 12:20:08 GMT - Egypt - Economy - SN:20 - ID:11061504
CAIRO, Feb 10 (MENA) - The Ministry of Finance on Monday auctioned treasury bills at a total value of EGP 65 billion. In an online statement, the ministry said it sold 91-day T-bills, with an average yield of 27.54 percent. The ministry also ....
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Petroleum min., Arcius Energy discuss investment opportunities in Egypt
Date: 2025-02-10 11:32:01 GMT - Egypt - Economy - SN:15 - ID:11061232
CAIRO, Feb 10 (MENA) - Petroleum and Mineral Resources Minister Karim Badawi had a meeting on Monday with Naser Al Yafei, the Chief Executive Officer of "Arcius Energy"; a joint venture between British Petroleum (BP) and UAE energy investment ....
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Global (1): Retail Experience Destinations (RED) Selects Yardi Platform to Accelerate Business Growth
Date: 2025-02-10 08:20:37 GMT - Kingdom of Saudi Arabia - Economy - SN:6 - ID:11061056
Dear subscribers, the following is a global bulletin published for PRNewswire: ================================================================== Retail Experience Destinations (RED) Selects Yardi Platform to Accelerate Business ....
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Labor minister: Circular on minimum wage increase to be issued soon
Date: 2025-02-09 21:36:07 GMT - Egypt - Economy - SN:61 - ID:11060751
CAIRO, Feb 9 (MENA) – Labor Minister Mohamed Gobran announced that a ministerial circular will be issued in the coming days to set the implementation process for the new private sector minimum wage. He added that the circular will be sent to ....
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FEDCOC: Egypt’s textile exports hit $1.012 bn in 11 months
Date: 2025-02-09 18:01:29 GMT - Egypt - Economy - SN:41 - ID:11060603
Cairo, 9 Feb (MENA) - Egypt's textile exports increased to $1.012 billion in the first 11 months of 2024 from $1.02 billion in the same period the year before, according to the president of the Qalyubia Chamber of Commerce and treasurer of the ....
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Planning min.: NCW raises minimum wage for private sector workers to EGP 7,000
Date: 2025-02-09 17:54:34 GMT - Egypt - Economy - SN:40 - ID:11060652
CAIRO, Feb 9 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania El Mashat announced that the National Council of Wages (NCW) decided to raise the minimum wage for private sector workers to EGP 7,000 from EGP ....
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Egypt, UK discuss ways to enhance coop. in energy sector
Date: 2025-02-09 17:07:10 GMT - Egypt - Economy - SN:37 - ID:11060571
CAIRO, Feb 9 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi discussed on Sunday with British Ambassador to Egypt Gareth Bayley ways to enhance cooperation between the two countries in the fields of oil, gas, petrochemicals, ....
