Economy

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  • Category : Economy
  • Finance Ministry: Tax revenues hit EGP 724.5 bn in 10 months

    Date: 2022-05-29 21:44:22 GMT - Egypt - Economy - SN:87 - ID:9595161

    CAIRO, May 29 (MENA) - Tax revenues from July to April of the fiscal year 2021/22 rose by 15.2 percent to hit EGP 724.5 billion against EGP 628.9 billion during the same period of the previous fiscal year, the Finance Ministry announced. In a ....

  • Industrial partnership among Egypt, UAE, Jordan marks new phase in face of challenges - ministers

    Date: 2022-05-29 20:55:45 GMT - United Arab Emirates - Economy - SN:79 - ID:9594835

    ABU DHABI, May 29 (MENA) - Egyptian, UAE, and Jordanian ministers stressed that the industrial partnership for sustainable economic growth between the UAE, Egypt, and Jordan marks a new phase for the three countries in face of current challenges, ....

  • Egypt's exports to Germany upped 24% in 2021 - authority

    Date: 2022-05-29 18:48:34 GMT - Egypt - Economy - SN:71 - ID:9594939

    CAIRO, May 29 (MENA) - Egypt's exports to Germany achieved a 24% increase in 2021 compared to the previous year to hit $1 billion, Head of the Commercial Representation Authority Yahya Al Wathiq Billah said on Sunday. Al Wathiq Billah was ....

  • Jordanian, Egyptian, UAE meetings render fruitful- Jordanian PM

    Date: 2022-05-29 16:29:53 GMT - Egypt - Economy - SN:64 - ID:9594317

    ABU DHABI, May 29 (MENA) – Jordan’s Prime Minister Bisher Khasawneh said the Jordanian-UAE-Egyptian tripartite cooperation meeting reflected the "deep-rooted" partnership and "distinguished" relations between the three countries and peoples, who are ....

  • Budget deficit hits EGP 410.8 bln in 10 months- ministry

    Date: 2022-05-29 16:23:21 GMT - Egypt - Economy - SN:63 - ID:9594744

    CAIRO, May 29 (MENA) – Egypt’s budget deficit hit EGP 410.8 billion, around 5.17 percent of GDP, in July 2021- April 2022, compared to EGP 379.7 billion, 5.48 percent of GDP, in the same period last year, Finance Ministry said Sunday. The ....

  • Egypt's Tarek Amer to chair AfDB's Board of Governors

    Date: 2022-05-29 16:19:03 GMT - Egypt - Economy - SN:62 - ID:9594791

    CAIRO, May 29 (MENA) - Governor of the Central Bank of Egypt (CBE) Tarek Amer has been appointed as Chairperson of the Board of Governors of the African Development Bank (AfDB) Group, the AfDB said in a press statement Sunday. The seat was handed ....

  • 3 phases of industrial partnership for sustainable economic growth with UAE, Jordan: Gamea

    Date: 2022-05-29 15:56:05 GMT - United Arab Emirates - Economy - SN:60 - ID:9594627

    ABU DHABI, May 29 (MENA) - Minister of Trade and Industry Nevin Gamea has emphasized that the industrial partnership for sustainable economic growth between the UAE, Egypt and Jordan includes several projects that have been classified into three ....

  • Investors laud industrial initiative among Egypt, UAE, Jordan

    Date: 2022-05-29 15:41:07 GMT - Egypt - Economy - SN:59 - ID:9594623

    CAIRO, May 29 (MENA) - Egyptian industrial investors have praised an "Industrial Partnership for Sustainable Economic Growth" initiative signed by Egypt, the UAE and Jordan on Sunday, asserting that it could contribute to boosting the industry ....

  • PM says Egypt targets doubling exports to $100 bn in next 3 years

    Date: 2022-05-29 14:20:27 GMT - United Arab Emirates - Economy - SN:55 - ID:9594529

    ABU DHABI, May 29 (MENA) - Egyptian Prime Minister Mostafa Madbouli said Egypt has a strategic reserve of basic commodities that is enough for six months, revealing a plan for doubling the country's exports to reach USD 100 billion in the next three ....

  • Sisi signs bill granting Damietta Alliance concession to develop, operate new terminal

    Date: 2022-05-29 13:55:05 GMT - Egypt - Economy - SN:53 - ID:9594549

    CAIRO, May 29 (MENA) – President Abdel Fattah El Sisi Sunday signed a bill assigning the Damietta Alliance Container Terminal to develop and operate the Port of Damietta’s upcoming Terminal 2 facility. The Joint Venture “Damietta Alliance ....

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