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  • Service : English General
  • Category : Economy
  • Finance min.: Public treasury supported private funds' workers with EGP 3 bln in FY2023/24

    Date: 2024-05-02 12:44:48 GMT - Egypt - Economy - SN:47 - ID:10688332

    CAIRO, May 2 (MENA) - Finance Minister Mohamed Maait said the public treasury allocated nearly EGP 3 billion for supporting the salaries of workers in the private funds and accounts across different governorates in the current fiscal year (FY) ....

  • Egypt bourse gains 51 billion pounds

    Date: 2024-05-02 12:05:09 GMT - Egypt - Economy - SN:42 - ID:10688385

    CAIRO, May 2 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by purchases by local institutions and investment funds, against sales by Arab and foreign institutions, as well as ....

  • Foreign currency proceeds near EGP 9.6bn since exchange rate liberalization

    Date: 2024-05-02 10:02:46 GMT - Egypt - Economy - SN:26 - ID:10687870

    CAIRO, May 2 (MENA) - Foreign currency proceeds of exchange companies, affiliated to Banque Misr and Banque du Caire, have increased to some EGP 9.621 billion since interest rate liberalization on March 6. In statements to MENA on Thursday, ....

  • GAFI, British Foreign Office ink MoU to boost investment, trade ties

    Date: 2024-05-02 08:46:23 GMT - Egypt - Economy - SN:17 - ID:10687716

    CAIRO, May 2 (MENA) – The General Authority for Investment and Free Zones (GAFI) and the British Foreign Office’s department of exports signed a memorandum of understanding (MoU) to strengthen bilateral investment and trade ties. The memo was ....

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

    Date: 2024-05-02 07:43:37 GMT - Egypt - Economy - SN:14 - ID:10687713

    CAIRO, May 2 (MENA) - The dollar exchange rate as stable at the start of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB), the dollar rate registered EGP ....

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