Economy
- Service : English General
- Category : Economy
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Petroleum Ministry: New western desert well to produce 15mn cubic feet of gas daily
Date: 2024-09-08 13:09:08 GMT - Egypt - Economy - SN:40 - ID:10861744
CAIRO, Sept 8 (MENA) - Badr Petroleum Co. (Bapetco) announced Sunday that an exploration well, X10, in the western desert is set to produce 15 million cubic feet of gas and 550 barrels of oil per day. Petroleum Minister Karim Badawy praised ....
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EGX indexes down at end of Sunday trading
Date: 2024-09-08 12:24:54 GMT - Egypt - Economy - SN:38 - ID:10861706
CAIRO, Sept 8 (MENA) - Egyptian Exchange (EGX) indexes posted collective losses Sunday on the back of sales by Arab and local institutions and investment funds. The market capital reached 2.074 trillion pounds after transactions that totaled EGP ....
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Dollar exchange rate declines at start of Sunday's transactions
Date: 2024-09-08 09:33:50 GMT - Egypt - Economy - SN:18 - ID:10861338
CAIRO, Sept 8 (MENA) - The dollar exchange rate inched down during Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar price reached EGP 48.39 for buying and EGP 48.49 for selling. At Banque Misr, the ....
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Investment min. underlines importance of economic ties with Britain
Date: 2024-09-08 09:29:27 GMT - Egypt - Economy - SN:16 - ID:10861334
CAIRO, Sept 8 (MENA) - Investment and Foreign Trade Minister Hassan el Khatib underlined the importance of economic ties between Egypt and Britain, which is considered one of the largest trading partners for Egypt. The volume of trade exchange ....
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Gov't working for enabling private sector to spearhead development efforts: Mashat
Date: 2024-09-07 13:09:35 GMT - Egypt - Economy - SN:37 - ID:10860359
CAIRO, Sept 7 (MENA) – Minister of Planning, Economic Development, and International Cooperation Rania Al Mashat said her ministry is working on stimulating the private sector through a number of programs, projects, and policies. Mashat was ....
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Egypt's digital industrial platform contributes to upping exports - FIE
Date: 2024-09-07 12:29:07 GMT - Egypt - Economy - SN:30 - ID:10860456
CAIRO, Sept 7 (MENA) - Alaa Nasr el-Din, member of the Wood Working and Furniture Chamber at the Federation of Industries Industries, said on Saturday Egypt's Digital Industrial Platform will help put into effect the comprehensive plan to develop ....
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Public business sector min. urges utilizing production capacities of ACR, boosting production
Date: 2024-09-07 11:22:16 GMT - Egypt - Economy - SN:27 - ID:10860252
CAIRO, Sept 7 (MENA) - Minister of Public Business Sector Mohamed Shimi Saturday asserted the necessity of utilizing production capacities of Alexandria Company for Refractories (ACR), which is an affiliate of the Metallurgical Industries Holding ....
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Planning min. asserts role of NI Capital in promoting partnerships with private sector
Date: 2024-09-07 10:17:23 GMT - Egypt - Economy - SN:23 - ID:10860128
CAIRO, Sept 7 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania al Mashat Saturday emphasized the critical role of NI Capital, a subsidiary of the National Investment Bank, in enhancing and supporting the ....
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Petroleum min., UAE's 'Mubadala' delegation mull ways to expand investments
Date: 2024-09-07 08:13:15 GMT - Egypt - Economy - SN:10 - ID:10859911
CAIRO, Sept 7 (MENA) – Petroleum and Mineral Resources Minister Karim Badawy had a meeting with a delegation of the UAE’s Mubadala Energy Company, under CEO Sheikh Mansoor Mohamed Al Hamed. They discussed means to expand activities and increase ....
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Aviation min., US delegation discuss establishing aviation security center in Cairo
Date: 2024-09-06 20:33:44 GMT - Egypt - Economy - SN:63 - ID:10859757
CAIRO, Sept 6 (MENA) - Minister of Civil Aviation Sameh el Hefny Friday discussed with a delegation of the US Transportation Security Administration (TSA) setting up a regional center in Cairo to train air scouts on cutting-edge equipment in the ....