13:01
cairo, gmt + 2
23 May
Monday, 2022
Mon, 23 May 2022 - 10:55 GMT
The minister presented some features of Egypt’s policies to face global economic crisis.
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The benchmark EGX30 dipped 0.83 percent, or 87.23 points, to end at 10,462.74 points.
The ministry’s current portfolio includes 85 projects worth dlrs 11.9 billion in the field of adaptation to climate change and cushioning its fallout; in a way that supports the country’s efforts to implement Sustainable Development Goal 13 (SDG 13): climate action, she added.
The banks issued the certificates following an exceptional decision by the Central Bank of Egypt (CBE) last month to raise basic interest rates by 1 percent.
The CBE’s decision comes in light with Fitch credit rating agency’s expectations that the central bank would raise interest rates at the Monetary Policy Committee’s meeting.
According to Salem, the EIB gives great priority to water and sanitation projects as one of Egypt's priorities, pointing out that this is done in keeping with the large national programs implemented by Egypt, including a decent life initiative.
A draft of the State Property Document has been distributed among a number of business associations.
The show kicked off on May 16 and is expected to last until Thursday.
The benchmark EGX30 rose 0.27 percent, or 28.68 points, to end at 10,467.63 points.
Ezzat explained that the trade balance between the two countries comes in favor of Malaysia with a value of $459.465 million during 2021, compared to $296.234 million in 2020, marking a growth of 55 percent.
On March 10, the Official Gazette published the Ministry of Commerce’s decision No. 141 of 2022, banning the export of a number of commodities, namely wheat, flour, gravel, mashed beans, lentils, pasta and flour of all kinds, for a period of 3 months.
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