May 18 .. Al-Shorouk Economic Bulletin: The current crisis is being introduced from abroad..and we are able to deal with it vigorously

“Al-Shorouk” presents to you the five in the evening bulletin, which deals with the most important news of the economy and the financial and business community that took place throughout the day.

Al-Shorouk Economic Bulletin monitors the most important economic news today, Wednesday, May 18, 2022, which came to the fore:

The Central Bank: The current crisis is being imported from abroad … and they are able to deal with it vigorously
Tariq Amer, Governor of the Central Bank, said that the current crisis is being introduced from abroad, and we are able to deal with it with strength and courage, and we are not afraid of that. He added that the Central Bank dealing with economic crises. proactive, and does not expect to respond to it, as it predicts market events before he signs it, noting that citizens were surprised by some measures taken by the Central Bank, but they realized their importance after the crisis, adding: “We must not wait for crises and do what is in the interests of the citizen and economic stability.”
Click here for more details

Minister of Business Sector: 1100 companies have so far registered their products on the electronic catalog “Jusoor”
Hisham Tawfiq, Minister of Public Business Sector, introduced Ing. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation, and his accompanying delegation, where they discussed many opportunities for cooperation between the two sides, including the services of Jusoor Company (Al) -Nasr for export and import), and the cotton file.
He explained that the number of companies whose products have so far been registered on the electronic catalog “Jusoor” has reached about 1,100 companies with a total of 18,000 products, indicating that 16 foreign centers opened before the end of this year will be covering about 40. countries, including 6 branches next month in China, Dubai, Sudan, France and Ghana and Cameroon.
Click here for more details

Tax: Referral of 18 companies not committed to joining the electronic invoicing system to the Public Prosecution
Reda Abdel Qader, head of the Egyptian tax authority, said 18 companies not committed to joining the electronic invoicing system had been referred from the fifth stage to the prosecution.
Click here for more details

The stock market gains 1.3 billion pounds and a combined rise in its indicators
Egyptian stock exchange indices continued to rise at the end of trading today, Wednesday, supported by purchases by local institutions and investment funds, while the transactions of foreign and Arab institutions tended to sell.
Click here for more details

Minister of Agriculture: The average wheat stock is 150 thousand tons per day
Al-Qusair, Minister of Agriculture and Land Recycling, said the total wheat crop he imported until Monday was two million tonnes, with a daily average of between 140 and 150 thousand tonnes, and described it as “very good.”
Click here for more details

Within the framework of the president’s prescriptions, the Ministry of Communications launches the Digital Egypt “Ashbal” initiative
In the light of President Abdel Fattah El-Sisi’s commands for the immediate start of the activation of the DECI Digital Egypt initiative; The Ministry of Communications and Information Technology launched the initiative as a free grant aimed at refining information technology skills for outstanding students, from the first preparatory to the second secondary, in all Egyptian schools at the level of the Republic in order to leading generation of young people who are able to explore new horizons in the field of communication and information technology, and to achieve the digital vision for Egypt, keeping up with the sciences and requirements of the future labor market.
Click here for more details

The Arab Banking Conference honors Mahmoud Mohieldin with the 2022 Leadership Vision Award
Today, the 2022 Arab Bank Conference dr. Mahmoud Mohieldin, Special Envoy of the United Nations Secretary – General for Finance for Sustainable Development and Executive Director of the International Monetary Fund, honored with the “Leadership Vision 2022” award.
Click here for more details

The Minister of Electricity visits the UK to review investment opportunities in the energy sector
Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy, is on his way to the UK to take part in the trade mission organized by the Egyptian British Business Association to promote the Conference of the Parties to the United Nations Framework Convention on Climate Change. next November in Sharm El-Sheikh.
Click here for more details

A World Bank delegation inspects sanitation projects in Dakahlia governor towns
The World Bank mission team paid a field visit to the Sinbillawain treatment plant, which serves the community of Sinbillawain villages in Dakahlia, as well as sanitation projects in the governor, accompanied by dr. Sayed Ismail, Deputy Minister of Infrastructure Housing.
Click here for more details

The president of the Suez Canal Authority meets with the director of the French National Maritime Museum to discuss ways of working together

Lieutenant-General Osama Rabie, Chairman of the Suez Canal Authority, met with Lieutenant-General Vincent Cambroden, Director-General of the National Maritime Museum in France, accompanied by a high-level delegation, including the Navy Attaché and the Military Attaché at the French Embassy in Cairo, in the presence of dr. Mohamed Al-Dhahabi, consultant at the International Museum of the Suez Canal; To become acquainted with the developments of the International Museum of the Suez Canal project, and to discuss ways of joint cooperation.
Click here for more details

Leave a Comment