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Economy
- Service : English General
- Category : Economy
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Foreign currency proceeds near EGP 9.9bn since exchange rate liberalization
Date: 2024-04-04 07:34:40 GMT - Egypt - Economy - SN:11 - ID:10649932
CAIRO, April 4 (MENA) - Foreign currency proceeds of exchange companies, affiliated to the National Bank of Egypt (NBE), Banque Misr and Banque du Caire, have increased to some EGP 9.940 billion since interest rate liberalization on March 6. In ....
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CBE: Egypt's net forex reserves rise by $5 bln by end of March
Date: 2024-04-03 15:57:47 GMT - Egypt - Economy - SN:48 - ID:10649381
CAIRO, April 3 (MENA) – The Central Bank of Egypt (CBE) said net international reserves increased by $5 billion by the end of March registering $40.361 billion, compared to $35.3 billion at the end of February. In statements to MENA, economic ....
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Bourse indexes show mixed performance
Date: 2024-04-03 12:51:47 GMT - Egypt - Economy - SN:33 - ID:10649147
CAIRO, April 3 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading session, amid the continued strong performance of major and leading stocks and profit-making operations on shares of small and ....
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GAFI chief inaugurates expansions of Turkish companies in 10th of Ramadan City
Date: 2024-04-03 12:41:53 GMT - Egypt - Economy - SN:31 - ID:10648964
CAIRO, April 3 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba and Turkish ambassador to Egypt Salih Mutlu Şen inaugurated Wednesday a number of production lines and expansions for Turkish companies in 10th ....
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Maait: State moving on integrated paths to improve Egypt’s economy
Date: 2024-04-03 11:45:16 GMT - Egypt - Economy - SN:28 - ID:10648962
CAIRO, April 3 (MENA) - Minister of Finance Mohamed Maait said Wednesday state is taking integrated paths to improve and strengthen Egypt’s economic situation. In a statement issued today, Maait said such improvements constitute decisive, bold ....
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SCZONE head: Zone keen on accelerating emissions cut in industrial sector
Date: 2024-04-03 10:40:12 GMT - Egypt - Economy - SN:21 - ID:10648838
CAIRO, April 3 (MENA) - Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), said the SCZONE seeks to encourage investors to manufacture products depending on green fuel. He said the authority s keen ....
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Dollar exchange rate stable at beginning of Wednesday's transactions
Date: 2024-04-03 10:20:25 GMT - Egypt - Economy - SN:18 - ID:10648719
CAIRO, April 3 (MENA) - The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 47.11 for buying and EGP 47.21 for ....
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Global (1): Zand Bank Subscribes to Infosys Finacle's Corporate Banking Suite on Microsoft Cloud to Deliver New-Age Banking Experiences
Date: 2024-04-03 07:37:54 GMT - India - Economy - SN:5 - ID:10648568
Dear subscribers, the following is a global bulletin published for PRNewswire: =============================================================== BENGALURU, India and DUBAI, UAE, April 3, 2024 /PRNewswire/ -- Infosys Finacle, part of EdgeVerve ....
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IMF official lauds serious reforms to enhance financial stability in Egypt
Date: 2024-04-02 20:10:05 GMT - Egypt - Economy - SN:89 - ID:10648301
CAIRO, April 2 (MENA) - Alex Segura-Ubiergo, the IMF's Resident Representative in Egypt, lauded serious reforms introduced by the Egyptian government to enhance financial stability and the investment climate. At a symposium organized by the ....
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Economists laud President Sisi's inauguration speech
Date: 2024-04-02 15:10:36 GMT - Egypt - Economy - SN:65 - ID:10647940
CAIRO, April 2 (MENA) – Several economists have praised economic aspects covered by President Abdel Fattah El Sisi's inauguration speech. The economic experts told MENA on Tuesday that the speech proves that the national economy will witness ....
