Economy

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  • Category : Economy
  • Agriculture sector contributes about 15% to Egypt's GDP - Minister

    Date: 2024-06-06 17:13:22 GMT - Egypt - Economy - SN:51 - ID:10737531

    MOSCOW, June 6 (MENA) - The agriculture sector represents a fundamental pillar in Egypt's national economy by contributing about 15% to the Gross Domestic Product (GDP), absorbing more than 25% of country's workforce, and maximizing foreign cash ....

  • Trade agreement between Egypt, Eurasian union to help increase investments - min.

    Date: 2024-06-06 14:38:31 GMT - Russia - Economy - SN:39 - ID:10737507

    ST. PETERSBURG, June 6 (MENA) - Egyptian Trade and Industry Minister Ahmed Samir said on Thursday a free trade agreement between Egypt and the Eurasian Economic Union will enhance trade cooperation at both bilateral and multilateral levels, increase ....

  • Planning minister: Volume of Egypt's trade exchange with BRICS Plus states hits nearly 25 billion dollars

    Date: 2024-06-06 14:24:30 GMT - Russia - Economy - SN:36 - ID:10737369

    MOSCOW, June 6 (MENA) - Minister of Planning and Economic Development Hala el Saeed said the volume of Egypt's trade exchange with the BRICS Plus countries hits nearly 25 billion dollars as per national statistics in various sectors. Saeed was ....

  • NAC to host 1st forum of BRICS' New Development Bank next week

    Date: 2024-06-06 14:05:43 GMT - Egypt - Economy - SN:35 - ID:10737325

    CAIRO, June 6 (MENA) - The New Administrative Capital (NAC) will host on June 11-12 the first international forum of the New Development Bank (NDB), outside the five founding countries of the BRICS group. The forum, which is to be held under ....

  • Egypt's exports to US shrink 15.5% in 2023: CAPMAS

    Date: 2024-06-06 12:10:21 GMT - Egypt - Economy - SN:28 - ID:10737277

    CAIRO, June 6 (MENA) - Egyptian exports to the United States reached 1.9 billion dollars in 2023 against 2.3 billion dollars in 2022, marking a decrease of 15.5%, according to data released by the Central Agency for Public Mobilization and ....

  • Egypt, Russia discuss trade facilitation

    Date: 2024-06-06 11:07:34 GMT - Egypt - Economy - SN:19 - ID:10737269

    CAIRO, June 6 (MENA) - Trade and Industry Minister Ahmed Samir discussed on Thursday with director of the Russian Export Center Veronika Nikishina ways of promoting cooperation in the domain of trade facilitation. The Egyptian minister is ....

  • Petroleum Ministry resumes pumping gas supplies to fertilizers factories gradually

    Date: 2024-06-06 10:54:23 GMT - Egypt - Economy - SN:18 - ID:10737234

    CAIRO, June 6 (MENA) - The Petroleum Ministry announced resuming pumping natural gas supplies to fertilizers factories as of Thursday. The move comes after a temporary reduction of gas supplies to these factories to ease pressure on the natural ....

  • 12th edition of "Buy Egyptian Art"b exhibition kicks off

    Date: 2024-06-06 10:50:58 GMT - Egypt - Economy - SN:17 - ID:10737184

    CAIRO, June 6 (MENA) - The 12th edition of the Egyptian Products and Heritage Exhibition “Buy Egyptian Art” kicked off on Thursday. The event is organized by the Foreign Ministry in cooperation with the National Committee for Combating and ....

  • SCZone important investment destination for Korean companies to expand into Africa: Int'l coop. min.

    Date: 2024-06-05 18:14:58 GMT - Egypt - Economy - SN:63 - ID:10736448

    CAIRO, June 5 (MENA) - Minister of International Cooperation Rania el Mashat said the Suez Canal Economic Zone (SCZone) is an important investment destination for companies from all over the globe to get their exports to Africa, especially under the ....

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

    Date: 2024-06-05 14:48:19 GMT - Egypt - Economy - SN:48 - ID:10736271

    DAMIETTA, Egypt, June 5 (MENA) - As many as 42 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Wednesday, the Damietta Port Authority's media center said the total volume of ....

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