Economy

  • Service : English General
  • Category : Economy
  • ECS signs deal with Attijariwafa Bank for Africa expansions

    Date: 2024-04-28 18:10:49 GMT - Egypt - Economy - SN:57 - ID:10682073

    CAIRO, April 28 (MENA) - The Egyptian Commercial Services (ECS) and Attijariwafa Bank - Egypt signed a letter of intent to back Egyptian exports in West and Central Africa countries. This came during a meeting between ECS head Yahya el-Wathiq ....

  • CBE: Sustainable Banking and Finance Network (SBFN) upgraded Egypt to the “Advancing” Category

    Date: 2024-04-28 14:58:22 GMT - Egypt - Economy - SN:48 - ID:10681544

    CAIRO, April 28 (MENA) - The Central Bank of Egypt (CBE) stated that the Sustainable Banking Finance Network (SBFN), an offshoot of the International Finance Corporation (IFC) of the World Bank, has elevated Egypt's rating from "Initial ....

  • Maait: Investment climate in Egypt has become more attractive to int'l partners

    Date: 2024-04-28 12:19:23 GMT - Kingdom of Saudi Arabia - Economy - SN:40 - ID:10681547

    RIYADH, April 28 (MENA) - Minister of Finance Mohamed Maait affirmed that the investment climate in Egypt has become more attractive to international development partners, as we have taken numerous measures, initiatives, and facilitations supportive ....

  • IMF: We support Egypt in all measures aimed at introducing economic structural reforms

    Date: 2024-04-28 11:31:49 GMT - Kingdom of Saudi Arabia - Economy - SN:39 - ID:10681455

    RIYADH, April 28 (MENA) - Managing Director of the International Monetary Fund Kristalina Georgieva, affirmed that the IMF supports Egypt in its structural reform measures aimed at improving the Egyptian economy, praising the positive impact of the ....

  • Egypt PM takes part in World Economic in Riyadh

    Date: 2024-04-28 10:43:24 GMT - Kingdom of Saudi Arabia - Economy - SN:37 - ID:10681415

    RIYADH, April 18 (MENA) - Prime Minister Mostafa Madbouli took part in the opening session of the World Economic Forum (WEF) in Riyadh on Sunday on behalf of President Abdel Fattah El Sisi. A host of heads of state, senior officials and ....

  • EDA chief probes cooperation with UK to boost investments in pharmaceutical industry

    Date: 2024-04-28 09:19:03 GMT - Egypt - Economy - SN:22 - ID:10681245

    CAIRO, April 28 (MENA) - Ali Al-Ghamrawy, the Head of the Egyptian Drug Authority (EDA), asserted the importance of cooperation with the UK to boost investments in Egypt, especially in the field of the pharmaceutical industry, underlining the need ....

  • Dollar exchange rate stable at start of Sunday's transactions

    Date: 2024-04-28 07:27:18 GMT - Egypt - Economy - SN:13 - ID:10681017

    CAIRO, April 28 (MENA) - The dollar exchange rate was stable at the start of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 47.85 for buying and EGP 47.95 for ....

  • Last deadline for customs-free car import initiative is tomorrow: Finance min.

    Date: 2024-04-28 07:05:15 GMT - Egypt - Economy - SN:9 - ID:10680971

    CAIRO, April 28 (MENA) - The last deadline for benefiting from the initiative launched for Egyptians living abroad to import cars into the country, free of custom duties and taxes is tomorrow, said Finance Minister Mohamed Maait. There is no ....

  • World Gold Council hails FRA's regulatory framework for gold investment funds

    Date: 2024-04-27 13:43:19 GMT - Egypt - Economy - SN:40 - ID:10680129

    CAIRO, April 27 (MENA) - The Financial Regulatory Authority (FRA) has managed to create an enabling environment for launching the first-ever gold investment fund as an alternative investment tool, FRA Chairman Mohamed Farid said. He made the ....

  • Suez Canal, Hyundai Corporation probe bolstering logistical services cooperation

    Date: 2024-04-26 17:43:29 GMT - Egypt - Economy - SN:43 - ID:10679185

    ISMAILIA, Egypt, April 26 (MENA) – Chairman of the Suez Canal Authority Osama Rabie, Vice Chairman and CEO of Hyundai Corporation Holdings Kim Won Kab, and Hyundai Corporation President Ahn seok Chang have discussed mechanisms for joint cooperation ....

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