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23 May

Monday, 2022


Magazine Egypttoday February 2022 / March 2022

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EGX ends Sunday on mixed note, market cap. loses LE3.7B

Sun, 22 May 2022 - 03:22 GMT

The benchmark EGX30 dipped 0.83 percent, or 87.23 points, to end at 10,462.74 points.

85 projects worth $11.9B underway on climate change adaptation: minister

Thu, 19 May 2022 - 05:39 GMT

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.

NBE, Banque Misr garner over LE 679B from 18% saving certificates till now

Thu, 19 May 2022 - 05:30 GMT

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.

Egypt's central bank raises interest rates 200bps during May

Thu, 19 May 2022 - 04:51 GMT

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.

EIB studies financing water desalination projects in Egypt in conjunction with entering water poverty stage

Thu, 19 May 2022 - 03:57 GMT

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.

Features of Egypt's 'State Property Document' disclosed

Thu, 19 May 2022 - 03:33 GMT

A draft of the State Property Document has been distributed among a number of business associations.

Brazilian market has promising opportunities for Egyptian food products: FEC

Thu, 19 May 2022 - 02:53 GMT

The show kicked off on May 16 and is expected to last until Thursday.

EGX ends Wednesday in semi-collective rise, market cap. gains LE1.26B

Wed, 18 May 2022 - 06:06 GMT

The benchmark EGX30 rose 0.27 percent, or 28.68 points, to end at 10,467.63 points.

Trade exchange bet. Egypt, Malaysia increases 81% in 2021

Wed, 18 May 2022 - 05:34 GMT

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.

Why did Egypt exclude spaghetti from 3-month export ban decision?

Wed, 18 May 2022 - 04:42 GMT

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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