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Economy
- Service : English General
- Category : Economy
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Goldman Sachs: Global economy is forecast to grow solidly in 2025 despite trade uncertainty
Date: 2025-01-05 14:18:32 GMT - USA - Economy - SN:41 - ID:11016195
WASHINGTON, Jan 5 (MENA) - Goldman Sachs Research forecasts another solid year of global economic growth in 2025. In a report, Goldman Sachs said that economists project the US will outperform expectations while the euro area lags behind amid ....
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Bourse indexes up at close of Sunday's trading session
Date: 2025-01-05 13:39:06 GMT - Egypt - Economy - SN:35 - ID:11016166
CAIRO, Jan 5 (MENA) - The Egyptian Exchange (EGX) indexes went up at close of Sunday's trading backed by investments of foreign and local investors. The capital market trading recorded nearly EGP 23 billion. The EGX 30 benchmark index ....
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Sisi directs gov. to expedite implementation rate of development projects
Date: 2025-01-05 11:39:24 GMT - Egypt - Economy - SN:27 - ID:11015905
CAIRO, Jan 5 (MENA) - President Abdel Fattah El Sisi has directed the government to step up efforts aimed at carrying out integrated development and logistics projects to turn Egypt into a world trade hub. This came during a meeting held Sunday ....
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Sisi directs timely payment of dues to petroleum, gas contractors
Date: 2025-01-04 11:49:44 GMT - Egypt - Economy - SN:16 - ID:11014834
CAIRO, Jan 4 (MENA) - President Abdel Fattah El Sisi directed the regular payment of financial dues to companies contracted with the state in the petroleum and gas sector. Sisi was chairing a high-level meeting Saturday, bringing together Prime ....
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Egypt transforms leather industry with innovative development plan
Date: 2025-01-03 14:31:30 GMT - Egypt - Economy - SN:16 - ID:11014222
CAIRO, Jan 3 (MENA) - Egypt’s Prime Minister Mostafa Madbouly has reaffirmed the transformative impact of Egypt's leather industry. The initiative, spearheaded under President Abdel Fattah El-Sisi ’s directives, signifies a new move towards ....
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Electricity min. meets delegation from UAE's Masdar, Infinity Power, Hassan Allam Utilities
Date: 2025-01-03 13:06:30 GMT - Egypt - Economy - SN:11 - ID:11013980
CAIRO, Jan 3 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation from the Abu Dhabi Future Energy "Masdar", "Infinity Power" and "Hassan Allam" companies to review progress made so far to implement joint ....
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Industry min. to meet industrial investors in Qalyubiya governorate Saturday
Date: 2025-01-03 11:26:33 GMT - Egypt - Economy - SN:8 - ID:11014011
CAIRO, Jan 3 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir will have a meeting on Saturday with industrial investors in Qalyubiya Governorate to stand on the challenges and obstacles ....
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Planning ministry reviews outcomes of 2024 joint committees meetings
Date: 2025-01-02 22:44:45 GMT - Egypt - Economy - SN:45 - ID:11013760
CAIRO, Jan 2 (MENA) - The year-end 2024 report of the Ministry of Planning, Economic Development, and International Cooperation highlighted the joint high-level committees held during 2024. The joint committees open new horizons for partnerships ....
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PM says Qena enjoys promising development opportunities to lure investments
Date: 2025-01-02 16:34:04 GMT - Egypt - Economy - SN:37 - ID:11013480
CAIRO, Jan 2 (MENA) - Prime Minister Mostafa Madbouli said Qena governorate enjoys all promising development opportunities to lure investments in the sectors of industry, agriculture, tourism and mining. Madbouli made the remarks on Thursday at a ....
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Goldman Sachs acquires 5.12% in Cleopatra Hospitals Group
Date: 2025-01-02 15:40:42 GMT - Egypt - Economy - SN:34 - ID:11013435
CAIRO, Jan 2 (MENA) - Cleopatra Hospitals Group announced that global investment bank Goldman Sachs has acquired a 5.12% stake in its share capital, equivalent to 73,971,206 shares denominated in Egyptian pounds. In a disclosure to the Egyptian ....
