Over the past hours, the seventh day published a number of important economic news that we review in the context of the following lines. Among them, the participants in the session to enhance digitization and e-government in member countries of the Islamic Development Bank discussed the need for serious work and effective action in order to address the challenges related to digitization and e-government systems and digital transformation, and agreement on a regional perspective to confront the problems that limit the launch in this field, and that there be a government role to work on expanding digitization services and digital transformation.
Egyptian Stock Exchange
The Egyptian Stock Exchange ended the trading of today’s session, the first session of June, with a collective decline of indices due to the pressure of sales of foreign dealers, and the market capital lost 4.6 billion pounds to close at 661.216 billion pounds.
The “EGX30” index declined by 0.65%, to close at the level of 10,083 points, and the “EGX50” index fell by 0.89% to close at the level of 1717 points, and the “EGX30” weighted index decreased by 0.7% to close at the level of 12,344 points. The “EGX30” total return index declined by 0.72% to close at 4,073 points.
The index of small and medium-sized companies “EGX 70 of equal weights” decreased by 1.02% to close at 1726 points, and the “EGX 100 index of equal weights” fell by 0.95% to close at the level of 2596 points.
gold price fluctuation
Gold prices rose a little while ago by 10 pounds, and 21 karat scored, which is the best seller in Egypt today, 1010 pounds per gram, following prices fell in some trading sessions to less than a thousand pounds per gram, following a decline in the same value in the morning
Gold prices today:
18 karat records 875 pounds.
21 caliber records 1010 pounds.
24 carat records 1154 pounds.
The gold pound is 8080 pounds.
Gold prices globally, gold prices fell globally, following the rise in the dollar and US bond yields compensated for the support for the precious metal from fears of high inflation and seemed to be on its way to recording a monthly decline for the second month in a row, and gold fell in spot transactions 0.4% to $ 1848.6 an ounce (an ounce) at 10 :25 GMT, down 2.5% for the month, its biggest decline since September, and US futures fell 0.2% to $1,852.7 an ounce.
Post: We have 32 million customers, 15 million prepaid cards, and 700 ATMs
Ehab Abu Bakr, Vice-Chairman of the Egyptian Post Board of Directors for Digital Transformation, said: “The post has regarding 32 million customers, regarding 15 million prepaid cards for pensions and others, in addition to 700 ATMs.
He stressed during his speech at the digital transformation operations in financial services session and calls for the development of infrastructure and legislative frameworks to keep pace with the increasing growth in this field during the meetings of the Islamic Development Bank group that many Egyptians do not know that the Egyptian Post is used in remittances, and it has 3 areas of work, including the sector The bank, excluding lending as well as the traditional postal work, as well as the financial aspect, and from benefiting from the remittances of Egyptians abroad, revealed that the Egyptian postal regulations allow him to transfer funds abroad across the borders. It is currently negotiating with other parties to make the post the last stage in completing these foreign transactions.
The meetings of the Islamic Development Bank will be held this year in Sharm El-Sheikh from 1-4 June 2022; Under the slogan “After recovering from the pandemic: resilience and sustainability,” under the auspices of President Abdel Fattah El-Sisi, and in the presence of Dr.
Planning: Increasing green public investments from 15% in 2019 to reach 30%
Dr. Jamil Helmy, Assistant Minister of Planning and Economic Development for Follow-up Affairs of the Sustainable Development Plan, revealed that when the sustainable development strategy was launched, there was great interest in the economic dimension; social and environmental.
In his speech during the meetings of the Islamic Development Bank group, Helmy stressed that it is important in the environmental dimension to have a clear direction and criteria that can be achieved, pointing out that a guide to environmental sustainability criteria was launched for the first time, which aims to increase green public investments, which were 15% in 2019 to 30%.
Helmy added that all countries in the world began to pay attention to environmental aspects, which in Egypt are also linked to the Decent Life Initiative, which aims to reduce poverty rates, pointing out that the Statistics Authority confirmed the impact of the initiative on reducing poverty rates by regarding 11 percentage points, and in two years in 375 villages, the state succeeded in Reducing poverty rates as positive results of a preliminary stage for the development of all the Egyptian countryside.
