Business Economics

The source pointed out that this will be reflected on the growing oil activity and projects implemented.

Agreement has been reached with UNIDO representative to address the possibility of participation of representatives of the various Egyptian industrial bodies.

The head of the Suez Canal Authority and the economic zone of the Canal pointed out that it is intended to produce 7,200 MW of wind farms to be established in the region,

The benchmark EGX30 rose 0.37 percent, or 50.02 points, to close at 13,664.23 points.

The decision was made to help the emerging projects increase their activities, the matter which would contribute to creating more job opportunities for youths.

Governmental loans reached LE 586.4 billion, LE 227.6 billion of which were provided in local currency and LE 340.7 billion in foreign currency.

The increase in domestic liquidity reflected on near money “quasi-money” by about LE 220.4 billion , and on Money supply by about LE 20 billion.

The index of food products industry rose 16.6 percent, recording 108.72 during March 2019, compared to 93.22 in the prior month.