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Economy
- Service : English General
- Category : Economy
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8 mega refining projects reduced oil imports by 30% - Petroleum min.
Date: 2022-05-30 17:14:28 GMT - Egypt - Economy - SN:78 - ID:9596502
CAIRO, May 30 (MENA) - Petroleum and Mineral Resources Minister Tarek Al Molla said on Monday that eight mega oil refining projects at investments worth EGP 87 billion led to reducing imports by 30%. These projects produce 6.6 million tons of ....
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AFD launches its new cooperation strategy with Egypt at 1.25 bln euros
Date: 2022-05-30 16:40:03 GMT - Egypt - Economy - SN:71 - ID:9596663
CAIRO, May 30 (MENA) - The French Development Agency (AFD) launched on Monday its new cooperation strategy with Egypt at 1.25 billion euros till 2025. The launch process came in a ceremony attended by Minister of Supply and Internal Trade Ali el ....
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Mashat: Digital transformation necessary to reinforce food security
Date: 2022-05-30 16:28:25 GMT - Egypt - Economy - SN:74 - ID:9596401
CAIRO, May 30 (MENA) - Minister of International Cooperation Rania el Mashat has voiced her ministry's commitment to encouraging innovation and technology in all areas of development. During her virtual speech at the opening of the AgriTech Meet ....
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NBE, Banque Misr stop issuance of 18% saving certificates
Date: 2022-05-30 16:19:26 GMT - Egypt - Economy - SN:72 - ID:9596726
CAIRO, May 30 (MENA) - The National Bank of Egypt (NBE) decided on Monday to halt the issuance of its one-year certificates of deposit with an 18% interest after achieving EGP 750 billion in sales for both NBE and Banque Misr, NBE's deputy chairman ....
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Egypt's exports to Poland reached $204.5 mln in 2021 - CAPMAS
Date: 2022-05-30 15:57:32 GMT - Egypt - Economy - SN:67 - ID:9596241
CAIRO, May 30 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Monday that Egyptian exports to Poland increased 65.8% in 2021 to hit $204.5 million compared to $123.4 in 2020. In a statement, CAPMAS said the ....
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Damietta furniture exhibition to open on June 1
Date: 2022-05-30 15:49:43 GMT - Egypt - Economy - SN:65 - ID:9596289
CAIRO, May 30 (MENA) - An exhibition for the Damietta-made furniture will be opened in Cairo International Fair Grounds in Nasr City on June 1. The "Made in Damietta" exhibition, which runs for ten days, will be held in cooperation with the Micro, ....
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PM chairs meeting to follow up on implementing presidential instructions on import measures
Date: 2022-05-30 15:43:07 GMT - Egypt - Economy - SN:64 - ID:9596578
CAIRO, May 30 (MENA) - Prime Minister Moustafa Madbouli chaired a meeting on Monday to follow up on the implementation of President Abdel Fattah El Sisi's directives about making the importation of production supplies more easy to meet needs of the ....
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FRA launches 2nd phase of 2022-2026 strategy
Date: 2022-05-30 15:10:35 GMT - Egypt - Economy - SN:62 - ID:9596022
CAIRO, May 30 (MENA) - The Financial Regulatory Authority (FRA) launched on Monday the second phase of its 2022-2026 strategy meant to develop non-banking financial activities. Speaking at a press conference, FRA Chairman Mohamed Farid said the ....
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Supply minister: 3.3 million tons of local wheat has been delivered so far
Date: 2022-05-30 14:58:21 GMT - Egypt - Economy - SN:59 - ID:9596393
CAIRO, May 30 (MENA) - Minister of Supply and Internal Trade Ali el Moselhi said farmers have delivered 3.3 million tons of local wheat to the state so far as part of the local wheat harvest season that has started in April, according to a statement ....
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Egypt ranks 1st in Middle East on GDB index for open budgets of financial statements
Date: 2022-05-30 14:32:51 GMT - Egypt - Economy - SN:57 - ID:9596290
CAIRO, May 30 (MENA) - Finance Minister Mohamed Maait said on Monday that Egypt came first in the Middle East on the Global Data Barometer (GDB) index for open budgets of financial statements. In a press release, the minister said that index is a ....
