Economy

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  • Category : Economy
  • Moselhi: Gross national product to be boosted to 21%, seven logistic zones to be established

    Date: 2018-07-17 15:50:51 GMT - Egypt - Economy - SN:71 - ID:7492979

    ZAGAZIG, Egypt, July 17 (MENA) - Supply Minister Ali Moselhi said that a quantum leap in the domestic trade system will be seen in the coming phase to improve the economy and boost the gross national product from 17 percent to 21. The minister ....

  • Egypt's Insurance Federation to hold annual forum as of October

    Date: 2018-07-17 15:41:30 GMT - Egypt - Economy - SN:70 - ID:7493077

    CAIRO, July 17 (MENA) - The Insurance Federation of Egypt will organize an international annual forum on the insurance, Alaa Al Zoheri, the chairman of the Insurance Federation of Egypt said. These remarks came on Tuesday on the sidelines of a ....

  • CBE expects remittances of Egyptian expats to record $26bn by end of FY 2017/2018

    Date: 2018-07-17 14:49:47 GMT - Egypt - Economy - SN:65 - ID:7493078

    CAIRO, July 17 (MENA) - The Central Bank of Egypt (CBE) expected on Tuesday remittances of Egyptians abroad to hit a high record of $26 billion by the end of the 2017/2018 fiscal year. In a statement, the CBE said that the remittances of ....

  • Egypt's insurance federation signs protocols with its Tunisian, Jordanian counterparts

    Date: 2018-07-17 14:39:21 GMT - Egypt - Economy - SN:62 - ID:7492910

    CAIRO, July 17 (MENA) - President of the Insurance Federation of Egypt Alaa Zoheri has said the federation signed recently cooperation protocols and agreements with regional and international organizations with the aim of exchanging expertise in the ....

  • Egypt, EU cooperate for developing trademarks system in Egypt

    Date: 2018-07-17 14:31:08 GMT - Egypt - Economy - SN:61 - ID:7492912

    CAIRO, July 17 (MENA) - Supply Minister Ali Moselhi said his ministry is cooperating with the European Union under a 1-million-euro program to develop a trademarks' system in the face of forged or unaccredited trademarks and support efforts being ....

  • Bourse loses EGP 11.7bln, indexes fall back

    Date: 2018-07-17 14:25:58 GMT - Egypt - Economy - SN:60 - ID:7492975

    CAIRO, July 17 (MENA) - The Egyptian Exchange indexes posted collective losses at closing on Tuesday, prompted by selling operations by Arab and foreign investors. The market capital of companies registered at the bourse lost EGP 11.7 billion to ....

  • New power plant to be set up in east Matrouh

    Date: 2018-07-17 14:14:08 GMT - Egypt - Economy - SN:59 - ID:7492803

    CAIRO, July 17 (MENA) - Head of the Egyptian Electricity Transmission Company Gamal Abdel Rahim on Tuesday signed a contract with EGEMAC Company for setting up a transformer plant in east Matrouh governorate. The total value of the project hits ....

  • Electricity minister probes cooperation with German Bank for Reconstruction

    Date: 2018-07-17 14:12:54 GMT - Egypt - Economy - SN:58 - ID:7492609

    CAIRO, July 17 (MENA) - Minister of Electricity Mohamed Shaker discussed on Tuesday with a mission of the German Bank for Reconstruction aspects of bilateral cooperation. During the meeting, Shaker praised relations with the bank which ....

  • FRA mulls obligatory insurance on matches, fans, shoppers

    Date: 2018-07-17 14:00:29 GMT - Egypt - Economy - SN:57 - ID:7492442

    CAIRO, July 17 (MENA) - The Financial Regulatory Authority (FRA) mulls imposing obligatory insurance on matches of various games. In statements to MENA on Tuesday, FRA Chairman Mohamed Omran said the authority is also examining means to insure ....

  • State interested in developing insurance system -- Official

    Date: 2018-07-17 12:57:09 GMT - Egypt - Economy - SN:44 - ID:7492540

    CAIRO, July 17 (MENA) - Head of the Egyptian Financial Supervisory Authority Mohamed Omran on Tuesday said that the insurance system in Egypt is receiving interest from the political leadership in an unprecedented way. Addressing a workshop that ....

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