Economy

  • Service : English General
  • Category : Economy
  • Petroleum Ministry endorses action plan of "Abu Marwat Gold Mines" in Eastern Desert

    Date: 2024-06-04 07:37:18 GMT - Egypt - Economy - SN:16 - ID:10733890

    CAIRO, June 4 (MENA) - Petroleum and Mineral Resources Minister Tareq el-Mulla witnessed the convening of the founding assembly of the "Abu Marwat Gold Mines" Company. It is a joint company between the Egyptian Mineral Resources Authority (EMRA) ....

  • Trade min. discusses with Kraft Heinz delegation current, future investments in Egyptian market

    Date: 2024-06-03 19:22:13 GMT - Egypt - Economy - SN:73 - ID:10733547

    CAIRO, June 3 (MENA) - Trade and Industry Minister Ahmed Samir discussed with a delegation from Kraft Heinz Co., headed by Vice Chairman for Government Relations Bill Behrens, the company's current and future investments in the Egyptian market and ....

  • EGX Chairman: Increase in our reliance on digital tech applications

    Date: 2024-06-03 18:08:13 GMT - Egypt - Economy - SN:66 - ID:10733431

    CAIRO, June 3 (MENA) - Chairman of the Egyptian Stock Exchange (EGX) Ahmed El-Sheikh said Monday the role of the EGX is significantly becoming bigger and the number of its members, clients and investors, which include Egyptian and foreign ....

  • Petroleum sector supports efforts of int'l companies to increase production: min.

    Date: 2024-06-03 17:48:12 GMT - Egypt - Economy - SN:64 - ID:10733164

    CAIRO, June 3 (MENA) - The petroleum sector supports efforts exerted by international companies to increase production and make more discoveries, affirmed Petroleum and Mineral Resources Minister Tarek el Molla. This came during a meeting held ....

  • PM meets members of export council, chambers of chemical industries

    Date: 2024-06-03 17:12:46 GMT - Egypt - Economy - SN:59 - ID:10733493

    CAIRO, June 3 (MENA) - Prime Minister Mostafa Madbouli held a meeting Monday with members of the Export Council and chambers of chemical industries. At the beginning of the meeting, Madbouli said that today's talks came as part of a series of ....

  • Par'lt approves deal to import 7 Talgo trains from Spain at €200 million

    Date: 2024-06-03 15:32:11 GMT - Egypt - Economy - SN:49 - ID:10733163

    CAIRO, June 3 (MENA) - The House of Representatives approved during a plenary session a credit facilities deal between the Egyptian government and Spain to import seven Talgo passenger trains for night services for an approximate amount of €200 ....

  • Slight decline in bourse indexes at close of Monday's transactions

    Date: 2024-06-03 13:12:53 GMT - Egypt - Economy - SN:39 - ID:10733031

    CAIRO, June 3 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Monday trading, amid sales operations by investors. The market capital lost five billion pounds to close at EGP 1.808 trillion after transactions ....

  • GAFI CEO says diversity of economy, investment systems protect Egypt against future risks

    Date: 2024-06-03 08:17:49 GMT - Egypt - Economy - SN:17 - ID:10732365

    CAIRO, June 3 (MENA) – CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Monday that the diversity of Egyptian economy and investment systems have succeeded in protecting the national economy against global risks. ....

  • Maait: Tax policy document 2024/20230 still under review, to be present for societal dialogue later

    Date: 2024-06-03 07:00:15 GMT - Egypt - Economy - SN:12 - ID:10732321

    CAIRO, June 3 (MENA) - Finance Minister Mohamed Maait asserted that that the "2024/2030" tax policy document is still under review and has not yet been presented for societal dialogue, noting that the circulated version of the tax policy document on ....

  • No decision adopted to raise electricity prices: Cabinet spox

    Date: 2024-06-02 20:04:55 GMT - Egypt - Economy - SN:58 - ID:10732083

    CAIRO, June 2 (MENA) - Cabinet Spokesman Mohamed el-Homsani said no decision had so far been adopted to raise electricity prices. Speaking to Sada El Balad satellite TV channel on Sunday evening, Homsani said Prime Minister Mostafa Madbouli and the ....

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