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Economy
- Service : English General
- Category : Economy
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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 ....
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EGX indexes down at end of Tuesday trading
Date: 2024-04-02 13:21:48 GMT - Egypt - Economy - SN:51 - ID:10647737
CAIRO, April 2 (MENA) - Egyptian Exchange (EGX) indexes went down at the close of Tuesday's trading on the back of sales by local and Arab investors. The market capital reached 1.879 trillion pounds after transactions that totaled EGP 130.1 ....
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Dollar exchange rate stable at beginning of Tuesday's transactions
Date: 2024-04-02 09:15:39 GMT - Egypt - Economy - SN:24 - ID:10647262
CAIRO, April 2 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 47.15 for buying and EGP 47.25 for ....
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13,000 tons of goods handled at Red Sea Ports
Date: 2024-04-02 08:30:39 GMT - Egypt - Economy - SN:19 - ID:10647201
HURGHADA, Egypt, April 2 (MENA) - About 13,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 5,000 tons of goods, 463 trucks and 100 ....
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IMF official says Ras El-Hekma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues
Date: 2024-04-01 22:30:54 GMT - USA - Economy - SN:70 - ID:10646965
WASHINGTON, April 1 (MENA) - International Monetary Fund (IMF) Mission Chief for Egypt Ivanna Vladkova Hollar said that the Ras El-Hekma deal, which is worth $35 billion, will reduce the pressure on the balance of payment but if it were used ....
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NAQAAE, USAID-funded body ink coop. memo
Date: 2024-04-01 18:34:22 GMT - Egypt - Economy - SN:57 - ID:10646785
CAIRO, April 1 (MENA) – The National Authority for Quality Assurance and Accreditation of Education (NAQAAE) and the Workforce Egypt Project, which is funded by the US Agency for International Development (USAID), have signed a memorandum of ....
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Electricity min.: EgyptERA approved rules of agreements on private-to-private projects
Date: 2024-04-01 13:08:26 GMT - Egypt - Economy - SN:36 - ID:10646394
CAIRO, April 1 (MENA) - Minister of Electricity and Renewable Energy Mohamed Shaker announced that the Egyptian Electric Utility Regulatory Agency and Consumer Protection (EgyptERA) has approved the rules regulating agreements on private-to-private ....
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USD 270M PMS business volume in 2023: Petroleum min.
Date: 2024-04-01 13:04:52 GMT - Egypt - Economy - SN:32 - ID:10646291
CAIRO, April 1 (MENA) - The Petroleum Marine Services (PMS) said Monday it achieved record profits in 2023 reaching USD 270 million, 28% over the previous year. During the company’s general assembly meeting to approve the 2023 budget, Minister of ....
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Bourse gains EGP 78 bn, all indexes up
Date: 2024-04-01 12:52:48 GMT - Egypt - Economy - SN:31 - ID:10646357
CAIRO, April 1 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by purchases by institutions and local and foreign investment funds. The market capital gained about EGP 78 billion ....
