Economy

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  • Category : Economy
  • Finance min.: Egyptian economy back to more stable path in face of global fluctuations

    Date: 2024-06-18 09:08:28 GMT - Egypt - Economy - SN:16 - ID:10751357

    CAIRO, June 18 (MENA) - Finance Minister Mohamed Maait has said that the Egyptian economy is returning to a more stable path in the face of successive global fluctuations, as a result of the flexible and balanced State policies. In a statement on ....

  • Transport min.: Comprehensive plan to develop all ports as per president Sisi's directives

    Date: 2024-06-17 10:56:40 GMT - Egypt - Economy - SN:16 - ID:10750712

    CAIRO, June 17 (MENA) - Transport Minister Kamel el Wazir said on Monday that the ministry is devising a comprehensive action plan to upgrade all Egyptian ports in accordance with directives of President Abdel Fattah El Sisi. The president ....

  • Min.: Egypt released imported goods worth $17 bln since April

    Date: 2024-06-16 06:02:13 GMT - Egypt - Economy - SN:3 - ID:10749799

    CAIRO, June 16 (MENA) - Finance Minister Mohamed Maait said Egypt released imported goods worth 17 billion dollars since April till now. In statements on Sunday, the minister said there is permanent coordination between customs clearance ....

  • Finance Ministry: Additional loose coins worth EGP 20mn issued ahead of Eid

    Date: 2024-06-15 10:51:46 GMT - Egypt - Economy - SN:16 - ID:10749175

    CAIRO, June 15 (MENA) - The Ministry of Finance said that "extra loose change" with a total value of 20 million pounds will be available on the occasion of Eidul Adha to fulfill the needs of people, the government sector like the National Authority ....

  • Finance min.: Additional financing needs secured for 2023-2024 FY budget, no new loans needed

    Date: 2024-06-15 10:10:39 GMT - Egypt - Economy - SN:13 - ID:10749073

    CAIRO, June 15 (MENA) - Minister of Finance Mohamed Maait on Saturday said that additional financing needs of the general state budget of the 2023-2024 FY have been secured from state's additional resources, without seeking further loans that ....

  • CAPMAS: Egypt ranked world’s 6th country on expats’ remittances in 2023

    Date: 2024-06-15 08:44:07 GMT - Egypt - Economy - SN:11 - ID:10749006

    CAIRO, June 15 (MENA) – Egypt held the 6th position among the world’s remittance recipient countries in 2023, the Central Agency for Public Mobilization and Statistics (CAPMAS) said. The agency said in a statement released on Saturday to mark ....

  • SCZONE seeks to become global hub for green energy, says chief

    Date: 2024-06-14 17:38:18 GMT - Egypt - Economy - SN:57 - ID:10748717

    CAIRO, June 14 (MENA) - Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal El Din said the zone seeks to achieve its ambitious strategy to become a global hub for green energy. Gamal El Din made the comments ....

  • 41 container ships, cargo vessels handled at Damietta Port in 24 hours

    Date: 2024-06-14 16:06:20 GMT - Egypt - Economy - SN:51 - ID:10748613

    DAMIETTA, Egypt, June 7 (MENA) – As many as 41 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Friday, the Damietta Port Authority's media center said the total volume of exported ....

  • Egypt, US discuss holding 6th round of TIFA negotiations

    Date: 2024-06-14 14:38:35 GMT - Egypt - Economy - SN:46 - ID:10748552

    CAIRO, June 14 (MENA) - Head of the Egyptian Commercial Service (ECS) Minister Plenipotentiary Yahya El Wathiq-billah discussed with a US delegation, led by Sonia Franceski Director, Middle East Affairs Office of the United States Trade ....

  • Planning minister says EGP 5.9bn set for development projects in Red Sea governorate

    Date: 2024-06-14 12:21:46 GMT - Egypt - Economy - SN:32 - ID:10748288

    CAIRO, June 14 (MENA) – Planning Minister Hala el Saeid said Friday that the value of investments allocated for the Red Sea governorate in 2023-2024 amounted to 5.9 billion pounds. A report by the Ministry put the number of development projects ....

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