Economy

  • Service : English General
  • Category : Economy
  • WB expects Egypt's economy to grow by 4.2% in FY 2024/25

    Date: 2024-06-11 19:36:16 GMT - USA - Economy - SN:82 - ID:10744611

    WASHINGTON, June 11 (MENA) - The World Bank (WB) expects Egypt's economic growth to reach 4.2 percent in the FY 2024-2025, propelled by investment growth partly spurred by a large-scale deal with the United Arab Emirates. In its global economic ....

  • GASC buys 460,000 tons of Bulgarian, Romanian, Ukrainian wheat

    Date: 2024-06-11 19:08:56 GMT - Egypt - Economy - SN:79 - ID:10744723

    CAIRO, June 11 (MENA) - The General Authority for Supply Commodities (GASC) has signed contracts to purchase 460,000 tons of Bulgarian, Romanian and Ukrainian wheat through an international tender. In a statement released on Tuesday, the ....

  • CAPMAS: Egyptian-Jordanian trade exchange hits dlrs864m in 2023

    Date: 2024-06-11 14:29:43 GMT - Egypt - Economy - SN:55 - ID:10744189

    CAIRO, June 11 (MENA) – The volume of trade exchange between Egypt and Jordan reached dlrs864 million in 2023 against dlrs990 million in 2022. In a statement on Tuesday, the Central Agency for Public Mobilization and Statistics (CAPMAS) said that ....

  • NDB: Egypt joining NDB enhances prospects of cooperation with developing countries

    Date: 2024-06-11 13:46:07 GMT - Egypt - Economy - SN:44 - ID:10743953

    CAIRO, June 11 (MENA) - President of the New Development Bank President (NDB) Dilma Rousseff said having Egypt joined the bank enhances the NDP's main aspects of the Bank's planning concept meant to focus on promoting cooperation with developing ....

  • Maait: EGP 822bn surplus in state budget in 11 months

    Date: 2024-06-11 13:25:58 GMT - Egypt - Economy - SN:41 - ID:10744015

    CAIRO, June 11 (MENA) - Finance Minister Mohamed Maait said the primary surplus of the state budget from July 2023 to May 2024 stood at EGP 822 billion, representing 5.87 percent of the Gross Domestic Product (GDP) instead of 1.15 percent in the ....

  • Petroleum min., Japanese amb. discuss arrangements for Arab-Japan Economic Forum

    Date: 2024-06-11 12:40:47 GMT - Egypt - Economy - SN:34 - ID:10743710

    CAIRO, June 11 (MENA) - Minister of Petroleum and Mineral Resources, Tarek el-Molla discussed with Japanese ambassador in Cairo Oka Hiroshi ongoing arrangements for Arab-Japan Economic Forum, set for the Japanese capital, Tokyo, on July 10. In ....

  • Mashat: Egypt is keen on diversifying its economic relations with development partners, various multilateral development banks

    Date: 2024-06-11 10:57:29 GMT - Egypt - Economy - SN:24 - ID:10743602

    CAIRO, June 11 (MENA) - Minister of International Cooperation Rania el Mashat underlined that Egypt is keen on diversifying its economic relations with development partners, various multilateral development banks. Mashat made the remarks during ....

  • Maait stresses eagerness to boost joint investment among NDB members

    Date: 2024-06-11 10:33:25 GMT - Egypt - Economy - SN:22 - ID:10743493

    CAIRO, June 11 (MENA) - Minister of Finance and Egypt's Governor at the New Development Bank (NDB) Mohamed Maait Tuesday asserted keenness on bolstering joint development investments among member states of the bank, through exploring new segments of ....

  • 73,000 tons of goods handled at Red Sea Ports

    Date: 2024-06-11 08:06:39 GMT - Egypt - Economy - SN:13 - ID:10743384

    HURGHADA, Egypt, June 11 (MENA) - About 73,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said the imports included 36,000 tons of goods, 538 trucks ....

  • Egypt-EU investment conference holds great significance - official

    Date: 2024-06-10 19:38:18 GMT - Egypt - Economy - SN:64 - ID:10742993

    CAIRO, June 10 (MENA) - All state institutions draw significant attention for the Egyptian-European investment conference that is scheduled to be held here in June, Cabinet spokesperson Mohamed El Hommosani said on Monday. Speaking over the ....

Middle East News Agency © - designed and developed : GCSSD