Economy

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  • Category : Economy
  • Planning min., US green delegation tackle Egypt's host of COP27

    Date: 2022-05-15 20:42:07 GMT - Egypt - Economy - SN:98 - ID:9570813

    CAIRO, May 15 (MENA) - Planning Minister Hala El Said discussed on Sunday with a delegation of US institutions working in the field of green energy investment (Green Tech) preparations for Egypt's hosting of the 2022 United Nations Climate Change ....

  • Finance minister reviews Egypt's experience in providing social protection in times of crisis

    Date: 2022-05-15 20:20:21 GMT - Senegal - Economy - SN:95 - ID:9570692

    DAKAR, May 15 (MENA) - Finance Minister Mohamed Maait on Sunday reviewed Egypt's experience in providing social protection for its citizens, especially in times of crisis, including in face of the repercussions of the Covid-19 pandemic over the past ....

  • Coordination underway to make land lots available for industrial investors- minister

    Date: 2022-05-15 19:45:41 GMT - Egypt - Economy - SN:90 - ID:9570541

    CAIRO, May 15 (MENA) – Trade and Industry Minister Nevine Gamea said Sunday that there is full coordination among all the state’s agencies concerned to provide land lots at affordable prices for industrial investors. Gamea’s remarks came during ....

  • Transport min. inspects 3rd phase of western Upper Egypt road

    Date: 2022-05-15 17:31:05 GMT - Egypt - Economy - SN:75 - ID:9570476

    CAIRO, May 15 (MENA) - Transport Minister Kamel el Wazir inspected Sunday the execution status of the third phase of the western Upper Egypt road at a length of 125 km. The minister issued directives to continue work around the clock to finalize ....

  • Molla announces operation of 2nd phase MIDOR expansion project

    Date: 2022-05-15 16:50:10 GMT - Egypt - Economy - SN:69 - ID:9570436

    CAIRO, May 15 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla announced on Sunday the early pilot operation of the second phase of the expansion project of the Middle East Oil Refinery (MIDOR) as part of his ministry's ambitious ....

  • Deputy finance min.: We target cutting budget deficit to 6.1% in 2023

    Date: 2022-05-15 16:43:00 GMT - Egypt - Economy - SN:68 - ID:9570416

    CAIRO, May 15 (MENA) - Deputy Finance Minister for Financial Policies Ahmed Kouchouk said the Finance Ministry targets decreasing the net budget deficit to 6.1 percent of GDP in 2023. Speaking at a conference on the repercussions of the world ....

  • Investment file 'most important issue' in coming period - GAFI chief

    Date: 2022-05-15 16:34:50 GMT - Egypt - Economy - SN:67 - ID:9570428

    CAIRO, May 15 (MENA) - The CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab asserted the investment file is "the most important issue" in the period to come. A promotional tour will be made in several ....

  • Min.: Low-cost development finance represents 25% of external debt

    Date: 2022-05-15 16:17:57 GMT - Egypt - Economy - SN:63 - ID:9570338

    CAIRO, May 15 (MENA) - Minister of International Cooperation Rania el Mashat said on Sunday that low-cost development finance generally represents 25% of the country's external debt, namely $25 billion. Speaking at a press conference to discuss ....

  • Gamea: State easing procedures for provision of lands for investment projects

    Date: 2022-05-15 15:39:44 GMT - Egypt - Economy - SN:56 - ID:9570308

    CAIRO, May 15 (MENA) - Minister of Trade and Industry Nivine Gamea said the Egyptian State is acting to provide land plots required to carry out industrial projects with very simple and easy procedures. Gamea said the provision of lands was the ....

  • Madbouli: EU seeks to have priority in Egyptian gas deals

    Date: 2022-05-15 15:29:58 GMT - Egypt - Economy - SN:59 - ID:9570378

    CAIRO, May 15 (MENA) - Prime Minister Mostafa Madbouli has said the European Union (EU) has expressed desire to have priority in Egyptian natural gas deals during the coming phase. During an international press conference Sunday to declare the ....

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