23:40
cairo, gmt + 2
10 August
Monday, 2020
Mon, 10 Aug 2020 - 04:46 GMT
The Consumer Price Index in Egypt has recorded a negative monthly rate of 0.1 percent in July, compared to negative 0.3 percent for the same month last year, the statement added.
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It is a quarterly assessment that is based on strategic performance indicators, said Planning Minister Hala el Saeid Monday.
The two-year duration protocol aims at activating the applications of information technology as a main engine to develop electronic services presented to the workers in the agricultural sector and remove the administrative obstacles.
On a monthly basis, inflation recorded 107.8 points in July 2020, marking an increase of 0.2 percent compared to June 2020.
The T-bonds were offered in two installments, with the first valued at LE 3.5 billion with a five-year term.
Saafan said in a statement Sunday, that the value of subsidies amounted to LE 346.806 million for about 299,530 working in 3,393 establishments affected by the emerging coronavirus pandemic, at a rate of 100 percent of the basic wage of workers.
The benchmark EGX30 rose 1.34 percent, or 145.23 points, to close at 10,962.52 points.
ELSEWEDY ELECTRIC for Transmission & Distribution of Energy signed a contract with the “SOCIETE NATIONALE D ELECTRICITE” (SNEL) on August 6, in Congo.
The IDA, is the technical arm of the Ministry.
“The objective of financing the urban transport sector with €1.1 billion is to enhance the transition from private cars to a more efficient means of transportation” the Minister noted.
T-bills are issued every Sunday and Thursday.
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