Economy

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  • Category : Economy
  • Planning min. to attend session of UN economic commission for Africa

    Planning min. to attend session of UN economic commission for Africa

    Date: 2019-03-22 14:30:21 GMT - Morocco - Economy - SN:2 - ID:7860679

    Planning Minister Hala el Saeed is set to participate in the 52nd Session of the UN Economic Commission for Africa and the Conference of African Ministers of Finance, Planning and Economic Development that will be held at the ministerial level on ....

  • Investment min. chairs UN session on coop. among Southern Countries

    Investment min. chairs UN session on coop. among Southern Countries

    Date: 2019-03-22 14:20:00 GMT - Egypt - Economy - SN:1 - ID:7860658

    Egypt's Investment Minister Sahar Nasr and Bangladesh's Foreign Minister AK Abdul Momen have co-chaired a key UN debate session on available opportunities for cooperation among countries of the South. The session was held on the sidelines of the ....

  • Germany’s Bosch keen on investing in Egypt, says official

    Germany’s Bosch keen on investing in Egypt, says official

    Date: 2019-03-10 23:06:44 GMT - Egypt - Economy - SN:9 - ID:7842000

    The head of the Middle East and Africa Operations of Germany’s Robert Bosch engineering and electronics company said Sunday that the corporation aims to establish a major factory as part of its investment plan in Egypt. The factory will be a ....

  • Bourse gains EGP 3.3 bn, indexes show mixed performance

    Bourse gains EGP 3.3 bn, indexes show mixed performance

    Date: 2019-03-10 16:49:38 GMT - Egypt - Economy - SN:4 - ID:7841722

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading amid purchases by Arab institutions and investment funds. The market capital gained about EGP 3.3 billion, registering EGP 828.5 billion, after ....

  • Egypt, India discuss investment chances

    Egypt, India discuss investment chances

    Date: 2019-03-10 16:43:47 GMT - Egypt - Economy - SN:2 - ID:7841714

    Chairman of the Arab Organization for Industrialization (AOI) Abdel Moneim el Tarras discussed on Sunday with Indian Ambassador in Cairo Rahul Kulshreshth and a delegation from India's investment agency bilateral cooperation in the fields of ....

  • EBRD hails Egypt's economic reforms

    EBRD hails Egypt's economic reforms

    Date: 2019-03-08 21:21:48 GMT - Egypt - Economy - SN:8 - ID:7839254

    Egypt's steps over the past three years to encourage investment have been hailed by the European Bank for Reconstruction and Development (EBRD). The Egyptian government has been implementing a promising economic program including a new investment ....

  • Last portion of IMF loan expected in mid-2019 -- deputy finance minister

    Last portion of IMF loan expected in mid-2019 -- deputy finance minister

    Date: 2019-03-08 18:44:42 GMT - Egypt - Economy - SN:4 - ID:7839154

    Egypt is expected to receive the sixth tranche of a loan from the International Monetary Fund (IMF) in June or July this year, Deputy Finance Minister Ahmed Kouchouk told a news conference on Friday. Kouchouk said that a necessary periodical ....

  • Egypt's central bank excludes rice, beans, lentils imports from cash cover

    Egypt's central bank excludes rice, beans, lentils imports from cash cover

    Date: 2019-03-07 17:55:56 GMT - Egypt - Economy - SN:10 - ID:7837895

    The Central Bank of Egypt (CBE) excluded imports of rice, beans and lentils from the 100-percent cash cover granted on import orders for one year. In a statement, the bank said the exemption from full import payments in advance will continue ....

  • Bourse gains EGP 8.2 bn

    Bourse gains EGP 8.2 bn

    Date: 2019-03-07 17:46:43 GMT - Egypt - Economy - SN:7 - ID:7837874

    The Egyptian Exchange (EGX) indexes posted collective gains on Thursday, backed by purchases of Arab and foreign institutions and investment funds. The market capital gained EGP 8.2 billion to reach EGP 825.2 billion amid transactions that hit ....

  • Loans provided to bank customers hit EGP 1.802 trillion in December -- CBE

    Loans provided to bank customers hit EGP 1.802 trillion in December -- CBE

    Date: 2019-02-28 23:07:25 GMT - Egypt - Economy - SN:10 - ID:7827484

    Total loans provided to bank customers, excluding the Central Bank of Egypt, increased by EGP 44 billion in December to stand at EGP 1.802 trillion compared to EGP 1.758 trillion in November, according to the latest report released by the CBE on ....

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