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Economy
- Service : English General
- Category : Economy
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Egypt bourse in the green after CBE's decisions
Date: 2022-10-27 13:58:37 GMT - Egypt - Economy - SN:41 - ID:9844856
CAIRO, Oct 27 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains, apparently on the back of decisions taken by the Central Bank of Egypt (CBE) to raise interest rate, employ a durably flexible exchange rate regime and secure a final ....
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Banque du Caire offers 3-year savings certificate with annual return of 17.25%
Date: 2022-10-27 13:48:52 GMT - Egypt - Economy - SN:40 - ID:9844845
CAIRO, Oct 27 (MENA) - Banque du Caire issued a three-year certificate, with an annual return of 17.25%, to be disbursed annually. The bank issued another three-year certificate, with annual return of 16%, that will be disbursed ....
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US dollar exchange rate increases by 30 piasters
Date: 2022-10-27 13:40:26 GMT - Egypt - Economy - SN:39 - ID:9844761
CAIRO, Oct 27 (MENA) - The US dollar exchange rate recorded a rise of 30 piasters in Thursday's midday transactions at Egypt's major banks. At the National Bank of Egypt, Banque Misr, the dollar price recorded EGP 22.65 for buying and 22.75 for ....
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Banking experts: CBE's decisions back efforts to contain inflation
Date: 2022-10-27 13:13:57 GMT - Egypt - Economy - SN:38 - ID:9844663
CAIRO, Oct 27 (MENA) - Economic and banking experts underlined that decisions taken by the Central Bank of Egypt (CBE) on raising interest, lending and deposit rates are meant to curb upping inflation rate and maintain a stable exchange rate. The ....
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Finance minister: EGP 67.3 bn additional social protection package to be disbursed as of Nov.
Date: 2022-10-27 13:05:31 GMT - Egypt - Economy - SN:36 - ID:9844584
CAIRO, Oct 27 (MENA) - Finance Minister Mohamed Maait on Thursday said around EGP 67.3 billion has been allocated for disbursing an additional social protection package as of next month. He added the package comes as part of directives issued by ....
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Global (5): With Top-Notch Innovation and Technologies, Hisense Aims to Be Costumers' Perfect Companion to the FIFA World Cup Qatar 2022™
Date: 2022-10-27 12:39:27 GMT - China - Economy - SN:35 - ID:9844727
Dear subscribers, following is a global bulletin published for PRNewswire: =============================================================== QINGDAO, China, Oct. 27, 2022 /PRNewswire/ -- In the past decades, Hisense, a global home appliance and ....
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Gov't: Reaching agreement with IMF on dlrs 3 bn loan
Date: 2022-10-27 12:39:02 GMT - Egypt - Economy - SN:34 - ID:9844523
CAIRO, Oct 27 (MENA) - The Egyptian government said an agreement was reached with the International Monetary Fund (IMF) at the experts level with regard to the Egyptian national economic reform program for four years. In December 2022, the IMF ....
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Egypt, IMF reach deal on new program: PM 2 last Cairo
Date: 2022-10-27 12:25:23 GMT - Egypt - Economy - SN:33 - ID:9844532
Several phases of negotiations were held prior to reaching a new deal with the International Monetary Fund (IMF), affirmed the prime minister. Egypt successfully managed to reach the agreement at the expert level, added the premier. This ....
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ECAHT, GIZ Egypt sign cooperation protocol
Date: 2022-10-27 12:00:34 GMT - Egypt - Economy - SN:31 - ID:9844249
CAIRO, Oct 27 (MENA) - The Chamber of Apparel and Home Textile Industries (ECAHT) of the Federation of Egyptian Industries (FEI) signed a cooperation protocol with Job Partnerships and SME Promotion in Egypt (JP-SME), affiliated with GIZ ....
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Egypt's deal with IMF to enhance ability to withstand external shocks: CBE governor
Date: 2022-10-27 11:55:05 GMT - Egypt - Economy - SN:30 - ID:9844390
CAIRO, Oct 27 (MENA) - The deal reached with the International Monetary Fund (IMF) will undoubtedly help Egypt restore macroeconomic stability and enhance its ability to absorb external shocks, that have recently increased at the global level, ....
