Economy

  • Service : English General
  • Category : Economy
  • Dollar exchange rate up during Monday's transactions

    Date: 2024-04-08 10:08:26 GMT - Egypt - Economy - SN:14 - ID:10654425

    CAIRO, April 8 (MENA) - The dollar exchange rate upped during Monday'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 47.50 for ....

  • Planning minister congratulates Misr Insurance for AM BEST's highest credit ratings

    Date: 2024-04-07 19:15:47 GMT - Egypt - Economy - SN:51 - ID:10653948

    CAIRO, April 7 (MENA) - Minister of Planning and Economic Development and Chairperson of the Sovereign Fund of Egypt (TSFE) Hala el Saeed congratulated the TSFE-affiliated Misr Insurance Holding Company (MIHC) for excellently obtaining the highest ....

  • Trade min. mulls multifaceted cooperation with France

    Date: 2024-04-07 19:13:42 GMT - Egypt - Economy - SN:50 - ID:10653924

    CAIRO, April 7 (MENA) – Minister of Trade and Industry Ahmed Samir said his ministry is keen on making use of France’s extensive industrial expertise to entrench some targeted local industries in Egypt, especially the pharmaceutical, petrochemical, ....

  • SCZone: Turkish company invest dlrs 40m in West Qantara Industrial Zone

    Date: 2024-04-07 19:12:59 GMT - Egypt - Economy - SN:49 - ID:10653915

    CAIRO, April 7 (MENA) – The Suez Canal Economic Zone (SCZone) and Turkish Eroğlu Holding signed an agreement to establish Eroğlu factory for DNM Jeans at the SCZone-affiliate West Qantara Industrial Zone. In a press release, the SCZone said ....

  • Bourse indexes show mixed performance

    Date: 2024-04-07 12:38:34 GMT - Egypt - Economy - SN:25 - ID:10653528

    CAIRO, April 7 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading session, amid sales by foreign institutions and Arab investments funds, as well as Egyptian, Arab and foreign investors, against ....

  • Garments Export Council: 25% growth in sector's exports to record dlrs 464 mn during first two months of 2024

    Date: 2024-04-07 11:40:26 GMT - Egypt - Economy - SN:20 - ID:10653285

    CAIRO, April 7 (MENA) - Head of the Readymade Garments Export Council Marie-Louis Bishara announced that exports of the clothing sector rose by 25% during the first two months of 2024 to record dlrs 464 million compared to dlrs 371 million in the ....

  • Foreign currency proceeds near EGP 11.2bn since exchange rate liberalization

    Date: 2024-04-07 11:34:36 GMT - Egypt - Economy - SN:19 - ID:10653179

    CAIRO, April 7 (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 11.246 billion since interest rate liberalization on March 6. In ....

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

    Date: 2024-04-07 08:49:43 GMT - Egypt - Economy - SN:12 - ID:10653137

    CAIRO, April 7 (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 47.32 for buying and EGP 47.42 for ....

  • Housing Ministry, WB officials probe cooperation in water projects

    Date: 2024-04-06 13:07:09 GMT - Egypt - Economy - SN:35 - ID:10652405

    CAIRO, April 6 (MENA) - Minister of Housing, Utilities and Urban Communities Assem el Gazzar on Saturday followed up on the ongoing discussions between officials of the Housing Ministry and representatives of the World Bank (WB) on the cooperation ....

  • Integrated work plan adopted to develop Sinai Manganese Company: minister

    Date: 2024-04-05 16:50:51 GMT - Egypt - Economy - SN:46 - ID:10651643

    CAIRO, April 5 (MENA) - Minister of Public Business Sector Mahmoud Esmat said an integrated work plan has been adopted to develop the Sinai Manganese Company. The plan includes expanding industrial production and introducing new industries to ....

Middle East News Agency © - designed and developed : GCSSD