Economy

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  • Category : Economy
  • e-Finance to launch new cloud zone in Alex during Q2 2025

    Date: 2024-11-16 16:58:09 GMT - Egypt - Economy - SN:56 - ID:10954627

    CAIRO, Nov 16 (MENA) - EGX-listed e-payments giant e-Finance, a subsidiary of e-finance Investment Group, unveiled its new strategic expansions in the cloud computing industry by launching a new regional center in Alexandria. The new cloud zone ....

  • Public sector's wages increased %10.5 in 2022/2023 - CAPMAS

    Date: 2024-11-16 15:43:27 GMT - Egypt - Economy - SN:45 - ID:10954457

    CAIRO, Nov 16 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) announced a 10.5% increase in wage values, reaching EGP 38.8 billion in 2022/2023 compared to EGP 35.1 billion in 2020/2021. This was revealed in the ....

  • Global South receives less than 15% of global clean energy investments – Min.

    Date: 2024-11-16 15:24:37 GMT - Egypt - Economy - SN:41 - ID:10954304

    BAKU, Nov 16 (MENA) – The Global South, which accounts for 65% of the world’s population, receives less than 15% of global clean energy investments, Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, said. ....

  • Industrial sector base for economic strength of any country: Public business sector min.

    Date: 2024-11-16 14:03:12 GMT - Egypt - Economy - SN:37 - ID:10954416

    CAIRO, Nov 16 (MENA) – Minister of Public Business Sector Mohamed Shemi said that the industrial sector is the base for economic strength of any country, adding that his ministry is working on developing affiliated companies and achieving strategic ....

  • Textile, ready-made garments sector contributes to meeting local markets’ needs – Min.

    Date: 2024-11-16 13:31:58 GMT - Egypt - Economy - SN:36 - ID:10954277

    CAIRO, Nov 16 (MENA) – The sector of textile and ready-made garments is one of the most important production pillars for the national economy, Minister of Investment Hassan Al Khatib said. The minister’s remarks came during the opening ceremony ....

  • PM hails efficiency of Nasr Automotive workforce

    Date: 2024-11-16 12:25:26 GMT - Egypt - Economy - SN:30 - ID:10954224

    CAIRO, Nov 16 (MENA) - Prime Minister Mostafa Madbouli on Saturday praised the efforts and skills of the workforce of the El Nasr Automotive Manufacturing Company in achieving high-quality production standards. Touring the company's buses ....

  • Contracts signed for manufacturing 1st Egyptian electric minibus

    Date: 2024-11-16 11:23:17 GMT - Egypt - Economy - SN:23 - ID:10954205

    CAIRO, Nov 16 (MENA) - Prime Minister Mostafa Madbouli attended Saturday the signing ceremony of a contract establishing a joint-stock company between El Nasr Automotive Manufacturing Company and two partners; Singaporean-Taiwanese Tron Technology ....

  • Egypt prioritizes investment growth over protectionism - Deputy minister

    Date: 2024-11-16 10:55:18 GMT - Egypt - Economy - SN:21 - ID:10954105

    CAIRO, Nov 16 (MENA) - Egypt is promoting investment in key sectors through structural reforms that encourage private sector growth, including recent tax reforms aimed at facilitating private investment expansion, Deputy Minister of Finance for ....

  • Minister: Return of Nasr Automotive Company is critical juncture for automotive industry

    Date: 2024-11-16 10:42:09 GMT - Egypt - Economy - SN:19 - ID:10954111

    CAIRO, Nov 16 (MENA) - Minister of the Public Business Sector Mohamed Shemi said today's announcement of the production of a new bus by El Nasr Automotive Manufacturing Company with a high local component percentage is considered as a prelude to the ....

  • PM attends celebration of return of Nasr Automotive Company to production

    Date: 2024-11-16 09:07:21 GMT - Egypt - Economy - SN:15 - ID:10954017

    CAIRO, Nov 16 (MENA) - Prime Minister Mostafa Madbouli attended on Saturday a celebration held to announce the restoration, development and modernization of production lines of El Nasr Automotive Manufacturing Company. The Egyptian car market is ....

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