Economy

  • Service : English General
  • Category : Economy
  • ME goes through critical stage … 4 Cairo

    Date: 2024-10-02 16:08:51 GMT - Egypt - Economy - SN:63 - ID:10896480

    Madbouli said Egypt's share of Nile water is stable, but, given the population increase, searching for additional water resources is required. Seawater desalination plants produced until 2015-2016 about 80,000 cubic meters per day, but now their ....

  • AOI's SEMAF obtains Quality Management Systems Certificate in railway industries

    Date: 2024-10-02 14:02:43 GMT - Egypt - Economy - SN:49 - ID:10896171

    CAIRO, Oct 2 (MENA) - Chairman of the Arab Organization for Industrialization Mokhtar Abdel Latif said Wednesday that the SEMAF factory, an affiliate to the AOI, has obtained the Quality Management Systems Certificate in railway industries. This ....

  • Cabinet okays price guide for cultivation of wheat in 2024-2025

    Date: 2024-10-02 11:09:27 GMT - Egypt - Economy - SN:38 - ID:10895904

    CAIRO, Oct 2 (MENA) – Meeting under Prime Minister Moustafa Madbouli Wednesday, the Cabinet agreed to set a guide price for the cultivation of wheat in 2024-2025. Agriculture Minister Alaa Farouk said that his Ministry had, together with the ....

  • SCZONE chairman posts French businessmen on investment opportunities in Egypt

    Date: 2024-10-02 10:33:46 GMT - Egypt - Economy - SN:34 - ID:10895828

    MARSEILLE/CAIRO, Oct 2 (MENA) – Egypt is a magnet for many investment opportunities that are up for grabs by French businesspeople, said chairman of the Suez Canal Economic Zone (SCZONE) Walid Gamaleddin Wednesday. Addressing a session on “Doing ....

  • MIH target revenues to reach EGP 62.5bn in 2024-2025, says minister

    Date: 2024-10-02 09:55:40 GMT - Egypt - Economy - SN:28 - ID:10895753

    CAIRO, Oct 2 (MENA) – Minister of the Public Business Sector Mohamed Shimi said Wednesday that the regular general assembly of the Metallurgical Industries Holding Co. (MIH) endorsed its draft budget estimates of the fiscal year 2024-2025. The ....

  • 58,000 tons of goods handled at Red Sea ports

    Date: 2024-10-02 07:06:49 GMT - Egypt - Economy - SN:14 - ID:10895538

    HURGHADA, Egypt, Oct 2 (MENA) - About 58,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 7,500 tons of goods, 418 trucks and 73 ....

  • Oil prices up 5% after Iranian missiles fired at Israel

    Date: 2024-10-01 19:21:15 GMT - USA - Economy - SN:77 - ID:10895240

    NEW YORK, Oct 1 (MENA) - Oil prices jumped 5% on Tuesday evening, after Iranian missile attacks on Israel, raising concerns that rising tensions in the Middle East region could threaten international crude supplies. Iran launched dozens of ....

  • CBE Governor: meeting of Arab central banks underlines their role in economic growth 2 last Cairo

    Date: 2024-10-01 18:59:28 GMT - Egypt - Economy - SN:76 - ID:10895132

    The CBE governor said the agenda of the 48th regular session of the Council of Governors of Arab Central Banks features many issues of common interest, which are at the forefront of the priorities of policy makers and central bank banks in the Arab ....

  • Samsung to open 2nd factory in Egypt by mid-2025 - ICT minister

    Date: 2024-10-01 18:54:35 GMT - Egypt - Economy - SN:75 - ID:10895140

    CAIRO, Oct 1 (MENA) – Minister of Communication and Information Technology Amr Talaat said global smartphone companies have already started making their devices in Egypt, as part of ongoing efforts to entrench the local manufacturing of smartphones, ....

  • Localizing automotive industry important file: PM

    Date: 2024-10-01 18:32:49 GMT - Egypt - Economy - SN:70 - ID:10895016

    CAIRO, Oct 1 (MENA) - Prime Minister Mostafa Madbouli said Tuesday localizing the automotive industry is one of the important files that the government is working on within the framework of various expansion plans in the industrial sector. This ....

Middle East News Agency © - designed and developed : GCSSD