Media In – Saleh Ali – 5 July 2018 Egypt received the fourth tranche of the IMF loan of $ 2 billion of the total loan of $ 12 billion. Egyptian Finance Minister Mohamed Mait said that the mission of IMF experts will visit Egypt next November for the fourth …
Read More »Central Bank of Egypt: Foreign reserves rise to 44.258 billion dollars by the end of June
Media In – Cairo, June 5, 2018 The Central Bank of Egypt (CBE) announced Thursday that foreign exchange reserves rose to 44.258 billion dollars at the end of June from 44.139 billion dollars in May. This is the highest level of Egypt’s foreign exchange reserve since the start of the …
Read More »Egypt achieves first surplus in 2018 budget
Media In – Rasha el sharkawy 5 June Egyptian Finance Minister Mohamed Meit announced an initial surplus of 0.2% in the fiscal year 2017-2018, which ended on June 30. The expected revenues for the current fiscal year 2018-2019 will be 989 billion pounds ($ 55.47 billion), of which Egypt will …
Read More »8% decrease in electric load in Jordan
Media In / Agencies / Amman 5 July 2018 The maximum electric load in Jordan fell by 8% to 2,MW compared to 3020 MW . The assistant director general for operation and planning in the Jordanian National Electricity Company, Eng. Amin Zaghl, said that the drop of loads and the …
Read More »Jordanian energy and minerals control 9,756 cases of electric current theft in six months
Media In / Amman 4 July 2018 The Jordanian Energy and Minerals Regulatory Authority (MRAI) said on Wednesday that 9756 cases of illegal electricity smuggling had been seized since the beginning of the year until the end of last June. The Chairman of the Board of Commissioners Eng. Farouk Hayari …
Read More »Central Bank of Jordan issues consumer protection instructions to the microfinance sector
Media In / Amman 3 July 2018 The Central Bank of Jordan issued instructions to protect the financial consumer of the microfinance sector, to be applied to all microfinance companies operating in the Kingdom as of October 1. “These instructions complement the efforts of the Central Bank of Jordan to …
Read More »Egypt: aims to reduce public debt to 80% in 2022
Media In – Rasha el sharkwy 3 July Egyptian Prime Minister Dr. Mustafa Madbouli said that 85% of the economic reform program has been implemented. He pointed out that the government aims to reduce the ratio of public and government debt to sustainable rates not exceeding 90% of GDP …
Read More »Egypt: Developing e Government portal to become an integrated service portal
Media In – Rasha el sharkawy 3 July Dr. Hala Al-Saeed, Minister of Planning, Follow-up and Administrative Reform of Egypt, has revealed the need to improve government services by developing the eGovernment portal to become a full portal for services provided to clients. This came during the opening of the …
Read More »7% Rise in prices of broiler chickens in Jordan
Media In / Amman 3 July 2018 The prices of the farm door for broiler chickens during the first quarter of the year increased by 7% compared to the same period of 2017, and the price reached 1.22 JD per kg against JD1.14. The Department of Statistics pointed to the …
Read More »850 million euros European investment for 15 projects in Jordan
Media In / Agencies / Amman 2 July 2018 The European Investment Bank (EIB), Dario Scanpico, announced that the bank is preparing and preparing economic studies to finance 15 projects in Jordan with a total funding of 850 million euros in the sectors of water, sanitation, public transport, renewable energy, …
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