Economy

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  • Category : Economy
  • Egypt, Italy discuss boosting economic cooperation

    Date: 2018-07-12 12:03:53 GMT - Egypt - Economy - SN:39 - ID:7485050

    CAIRO, July 12 (MENA) - Head of the Export Development Authority's Executive Office Sherine el Shorbagi had talks on Thursday with the Italian Trade Promotion Agency (ITA) and Chamber of Commerce on boosting economic cooperation between Egypt and ....

  • FEDCOC head urges accelerating Arab-African investment, trade exchange

    Date: 2018-07-12 12:01:09 GMT - Egypt - Economy - SN:38 - ID:7485155

    CAIRO, July 12 (MENA) - Chairman of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed el Wakil called for accelerating investment and trade exchange among Arab and African states. Addressing the Arab Economic Forum in Beirut on ....

  • Dollar prices stable at major banks in Egypt

    Date: 2018-07-12 11:53:00 GMT - Egypt - Economy - SN:35 - ID:7485210

    CAIRO, July 12 (MENA) - The exchange rate of the US dollar was relatively stable during end of the week transactions at major banks on Thursday. The dollar exchange rate settled at EGP 17.78 for buying and EGP 17.88 for selling at the National ....

  • Public business sector min. confers with delegation of AmCham on furthering cooperation

    Date: 2018-07-12 11:27:53 GMT - Egypt - Economy - SN:31 - ID:7485149

    CAIRO, July 12 (MENA) - Minister of Public Business Sector Hisham Tawfiq conferred with a delegation of the American Chamber of Commerce (AmCham) in Egypt on aspects of cooperation between both sides. The meeting also tackled the possibility of ....

  • CAPMAS: Public sector projects in 2016/2017 hit EGP 27 bn

    Date: 2018-07-12 11:21:15 GMT - Egypt - Economy - SN:30 - ID:7484939

    CAIRO, July 12 (MENA) – Companies of the public sector and public business sector had implemented construction projects in various areas in 2016/2017, at a total value of EGP 27.1 billion, compared to EGP 23.9 billion in 2015/2016, with an increase ....

  • Eastern Tobacco Company announces new hike in cigarette prices

    Date: 2018-07-12 09:51:33 GMT - Egypt - Economy - SN:16 - ID:7484937

    CAIRO, July 12 (MENA) – Egypt's leading cigarette maker, the Eastern Tobacco Company, on Thursday announced new hikes in cigarette prices. The decision to raise the price of cigarettes will come into effect as of Thursday, the company said in a ....

  • Petroleum min., French economic counselor mull fostering energy cooperation

    Date: 2018-07-12 09:17:40 GMT - Egypt - Economy - SN:13 - ID:7484729

    CAIRO, July 12 (MENA) - Petroleum Minister Tarek el Molla discussed with Minister Counselor for the French Economic Affairs and Head of the French Economic Department for the Middle-East Jacques De Lajugie fostering cooperation along with current ....

  • Egypt to develop technological investment zones, support young innovators

    Date: 2018-07-12 09:07:09 GMT - Egypt - Economy - SN:12 - ID:7484749

    CAIRO, July 12 (MENA) - Egypt will work on developing the technological investment zones, supporting young innovators and mechanizing investors' centers in various governorates. Ministers Sahar Nasr of Investment and International Cooperation and ....

  • SCZone deputy head meets with delegation from Port of Rotterdam

    Date: 2018-07-11 18:41:33 GMT - Egypt - Economy - SN:83 - ID:7484314

    PORT SAID, Egypt, July 11 (MENA) – Deputy head of the Suez Canal Economic Zone (SCZone) Abdel Kader Darwish received here on Wednesday a delegation from the Port of Rotterdam. The visit comes within the framework of exchanging expertise between ....

  • CBE: Loans offered to bank clients hit EGP 1.538tln in March

    Date: 2018-07-11 14:34:58 GMT - Egypt - Economy - SN:64 - ID:7483882

    CAIRO, July 11 (MENA) - The total loans offered to bank clients in March increased to 1.538 trillion against EGP 1.503 trillion in February. A Central Bank of Egypt (CBE) report MENA obtained on Wednesday said the volume of loans offered to the ....

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