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Economy
- Service : English General
- Category : Economy
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IMF announces reaching $ 3bln funding deal with Egypt
Date: 2022-10-27 11:40:10 GMT - Egypt - Economy - SN:29 - ID:9844332
CAIRO, Oct 27 (MENA) - Head of Mission of the International Monetary Fund (IMF) in Egypt Ivana Holler announced Thursday the Fund has reached a $ 3 billion funding deal with Egypt. The deal aims to finance budget and provide financing for ....
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Financial policy with IMF focuses on reducing gov't debts to less than 80% - Maait
Date: 2022-10-27 11:29:16 GMT - Egypt - Economy - SN:27 - ID:9844325
CAIRO, Oct 27 (MENA) - Finance Minister Mohamed Maait said the financial policy with the International Monetary Fund (IMF) focuses on reducing government debts to less than 80% of Gross Domestic Product (GDP). Maait said at a press conference ....
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CBE raises exception limit of documentary credit of imported shipments to 500,000 dollars
Date: 2022-10-27 10:50:46 GMT - Egypt - Economy - SN:23 - ID:9844199
CAIRO, Oct 27 (MENA) - The Central Bank of Egypt (CBE) announced raising the exception limit of documentary credit of imported shipments to 500,000 dollars instead of 5,000 dollars. In a periodic letter sent to the banks on Thursday, the CBE said ....
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Banks allowed to conduct FX forwards: CBE
Date: 2022-10-27 10:37:11 GMT - Egypt - Economy - SN:20 - ID:9844102
CAIRO, Oct 27 (MENA) - Banks are allowed to conduct foreign exchange forwards (FX forward) for companies only to cover their commercial operations through the bank, the Central Bank of Egypt said. In a letter sent to the banks on Thursday, the ....
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Dollar exchange rate surpasses EGP 22 in several Egyptian banks
Date: 2022-10-27 10:16:47 GMT - Egypt - Economy - SN:18 - ID:9844197
CAIRO, Oct 27 (MENA) - The US dollar exchange rate surpassed EGP 22 at the beginning of Thursday's transactions in several Egyptian banks. The US dollar rate increased by 2.60 pounds for buying and selling at Egyptian banks. At the National ....
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Global (4): PEPSI® ANNOUNCES GLOBAL FOOTBALL SENSATION, VINI JR AS ITS LATEST AMBASSADOR, WITH THE LAUNCH OF A NEW FASHION COLLECTION
Date: 2022-10-27 10:01:48 GMT - USA - Economy - SN:17 - ID:9844221
Dear subscribers, following is a global bulletin published for PRNewswire: =============================================================== - THE COLLECTION PAYS HOMAGE TO PEPSI'S EARLY 00'S FOOTBALL ADS, AND CELEBRATES THE BRAND'S NEW SLOGAN, ....
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US dollar exchange rate rises on Thursday
Date: 2022-10-27 09:44:55 GMT - Egypt - Economy - SN:15 - ID:9844082
CAIRO, Oct 27 (MENA) - The exchange rate of the US dollar rose against the Egyptian pound, Thursday, by 55 piasters, as the price reached EGP 20.35 for selling and EGP 20.25 for purchase, according to the National Bank of Egypt. The US dollar ....
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Banque Misr raises annual returns of 3-year saving certificates to 17.25%
Date: 2022-10-27 09:26:31 GMT - Egypt - Economy - SN:14 - ID:9843949
CAIRO, Oct 27 (MENA) – Banque Misr has decided to increase annual returns of the 3-year saving certificates to 17.25%. In a statement issued on Thursday, it said the bank’s committee of assets decided to increase the monthly returns of 3-year ....
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NBE issues 17.25% 3-year platinum certificate
Date: 2022-10-27 09:02:31 GMT - Egypt - Economy - SN:13 - ID:9843899
CAIRO, Oct 27 (MENA) – The National Bank of Egypt (NBE) has decided to issue annual 17.25% platinum certificate for three years. In a statement issued on Thursday, it said the bank’s committee of assets decided to increase the return on monthly ....
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US dollar exchange rate stable at beginning of transactions
Date: 2022-10-27 08:51:28 GMT - Egypt - Economy - SN:12 - ID:9843971
CAIRO, Oct 27 (MENA) - The US dollar exchange was stable at the beginning of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 19.67 for buying and EGP 19.73 for ....
