Economy

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  • Category : Economy
  • 10,000 tons of goods handled at Red Sea ports

    Date: 2024-10-01 07:15:54 GMT - Egypt - Economy - SN:7 - ID:10894035

    SUEZ, Egypt, Oct 1 (MENA) - About 10,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 3,500 tons of goods, 313 trucks and 19 cars, ....

  • Finance Ministry: State budget revenues reach EGP 294bn in 2 months

    Date: 2024-09-30 18:14:33 GMT - Egypt - Economy - SN:54 - ID:10893622

    CAIRO, Sept 30 (MENA) – The total revenues of the 2024-2025 state budget has increased by 87 billion pounds during July and August, reaching 294 billion pounds. This is a 42% rise on the same period of the fiscal year 2023-2024, during which ....

  • PM: Egypt made great strides in green hydrogen & ammonia production industry

    Date: 2024-09-30 18:12:41 GMT - Egypt - Economy - SN:53 - ID:10893600

    CAIRO, Sept 30 (MENA) – Prime Minister Mostafa Madbouli said Egypt had made great strides in the green hydrogen and green ammonia production industry, citing a large number of global companies which sought to establish their own plants for producing ....

  • PM follows up on efforts to provide necessary petroleum products for power stations

    Date: 2024-09-30 17:03:37 GMT - Egypt - Economy - SN:47 - ID:10893478

    CAIRO, Sept 30 (MENA) - Prime Minister Mostafa Madbouli asserted he is following up on efforts to provide the needed funds to the petroleum sector to ensure an uninterrupted power supply to meet the needs of all sectors and industrial and business ....

  • Primary budget surplus increases to hit EGP 49.2 bln within 2 months: Finance ministry

    Date: 2024-09-30 16:51:16 GMT - Egypt - Economy - SN:45 - ID:10893586

    CAIRO, Sept 30 (MENA) - The primary surplus in the State's general budget went up significantly during July and August to reach EGP 49.2 billion, equivalent to 0.06 percent of the gross domestic product (GDP), said the Finance Ministry. In a ....

  • Petroleum minister: We have roadmap for green hydrogen projects

    Date: 2024-09-30 15:35:58 GMT - Egypt - Economy - SN:42 - ID:10893443

    CAIRO, Sept 30 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi asserted the Egyptian state has a roadmap for implementing green hydrogen projects. The state is seriously cooperating with international companies to carry out ....

  • CBE to launch $50 mln investment guarantee agency bet. Egypt, Africa, says diplomat

    Date: 2024-09-30 15:26:36 GMT - Egypt - Economy - SN:41 - ID:10893438

    CAIRO, Sept 30 (MENA) - Deputy Minister of Foreign Affairs, Emigration and Egyptian Expatriates Abu Bakr Hefny said the Central Bank of Egypt (CBE) on Tuesday will announce the launch of a USD 50 million sovereign investment guarantee agency between ....

  • Egyptian-French Business Forum kicks off in Paris

    Date: 2024-09-30 14:32:46 GMT - France - Economy - SN:37 - ID:10893428

    PARIS, Sept 30 (MENA) - The Egyptian-French Business Forum kicked off in the French capital Paris on Monday. The event is organized by Business France in coordination with Egypt's General Authority for Investment and Free Zones (GAFI) and the ....

  • PM, petroleum min. discuss payment of arrears to foreign oil companies

    Date: 2024-09-30 14:05:39 GMT - Egypt - Economy - SN:35 - ID:10893363

    CAIRO, Sept 30 (MENA) - Prime Minister Mostafa Madbouli on Monday held a meeting with Minister of Petroleum and Mineral Resources Karim Badawi to discuss the payment of all outstanding arrears to foreign oil companies and the results of an incentive ....

  • Investment minister reviews investment opportunities with French companies

    Date: 2024-09-30 13:54:34 GMT - Egypt - Economy - SN:34 - ID:10893323

    PARIS/CAIRO, Sept 30 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib held a number of meetings with representatives of French investment companies. The meetings were held in coordination with the Egyptian commercial office in ....

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