Economy

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  • Category : Economy
  • Germany's amb. in Cairo thanks Sisi for confidence in German technology

    Date: 2022-05-29 13:42:05 GMT - Egypt - Economy - SN:52 - ID:9594434

    CAIRO, May 29 (MENA) - German Ambassador in Cairo Frank Hartmann thanked President Abdel Fattah El Sisi for the great confidence in the German technology, greeting the Egyptian government and the consortium led by Siemens Mobility on signing a ....

  • EGX indexes down at end of Sunday trading

    Date: 2022-05-29 13:32:34 GMT - Egypt - Economy - SN:51 - ID:9594491

    CAIRO, May 29 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading prompted by limited transactions despite positive news about new Gulf investments in Egypt. The EGX 30 benchmark index decreased by 1.12 ....

  • Egypt eyeing increased UAE investments to $35bn -- Minister

    Date: 2022-05-29 13:16:13 GMT - United Arab Emirates - Economy - SN:49 - ID:9594336

    ABU DHABI, May 29 (MENA) – Trade and Industry Minister Nevine Gamae has put the volume of UAE investments in Egypt at about 20 billion dollars. Gamae, in an interview with Al Arabiya News Sunday, spoke of plans to boost those investments to some ....

  • Egyptalum to be floated for Arab funds -- Minister

    Date: 2022-05-29 12:48:25 GMT - United Arab Emirates - Economy - SN:46 - ID:9594271

    ABU DHABI, May 29 (MENA) – Egyptian Minister of the Public Business Sector Hisham Tawfiq said Sunday that Egyptalum will be put up for grabs by Arab funds. A land lot in Luxor will be upgraded to include hotels and conference halls, Tawfiq said ....

  • Egypt keen on boosting cooperation with UAE, Jordan -- Minister

    Date: 2022-05-29 11:15:17 GMT - Egypt - Economy - SN:35 - ID:9594084

    CAIRO, May 29 (MENA) – Trade and Industry Minister Nevine Gamae has hailed as “close and strategic” relations with the UAE and Jordan. Cairo pays big attention to boosting cooperation with Abu Dhabi and Amman, especially at the economic level, ....

  • Industrial partnership with UAE, Jordan meant to enhance food security - official

    Date: 2022-05-29 11:12:49 GMT - Egypt - Economy - SN:34 - ID:9594112

    CAIRO/ABU DHABI, May 29 (MENA) - Trade and Economy Minister Nevine Gamea said on Sunday the industrial partnership initiative between Egypt, Jordan and the UAE aims at enhancing food and pharmaceutical security and achieving integration in the ....

  • Maait: Presidential directives to accelerate green economy transition

    Date: 2022-05-29 10:52:55 GMT - Egypt - Economy - SN:30 - ID:9593929

    CAIRO, May 29 (MENA) - Finance Minister Mohamed Maait unveiled on Sunday a presidential directive to step up green economy transition efforts ahead of COP27 climate change conference to take place in Sharm el Sheikh in November. He said the ....

  • Egypt, UAE, Jordan sign industrial partnership initiative

    Date: 2022-05-29 10:42:18 GMT - Egypt - Economy - SN:29 - ID:9593868

    ABU DHABI, May 29 (MENA) – Prime Minister Moustafa Madbouli, his Jordanian counterpart Bishr al Khasawna and deputy prime minister of the UAE Sheikh Mansour bin Zayed al Nahyan on Sunday witnessed the inking of an integrated industrial partnership ....

  • Dollar prices stable at Egypt major banks

    Date: 2022-05-29 09:48:10 GMT - Egypt - Economy - SN:24 - ID:9593779

    CAIRO, May 29 (MENA) - The US dollar exchange rate was stable at the beginning of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 18.55 for buying and EGP 18.61 for ....

  • Integrated industrial partnership initiative to further cooperation among Egypt, UAE, Jordan

    Date: 2022-05-29 08:53:43 GMT - Egypt - Economy - SN:23 - ID:9593742

    CAIRO, May 29 (MENA) – The initiative of integrated industrial partnership for sustainable economic development between Egypt, UAE and Jordan - which was launched in Abu Dhabi on Sunday - will further economic cooperation among the three ....

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