Economy - Welcome to Middle East News Agency

MENA launches new economic news service

Date: 2024-06-02 18:45:21 GMT - Egypt - Economy - SN:52 - ID:10732058

CAIRO, June 2 (MENA) - The Middle East News Agency (MENA) will launch a new news service, "Economy and Business" bulletin, to highlight the key role played by the private sector and its institutions to buttress the national economy in various ....

Petroleum min., Baker Hughes delegation probe coop. in digital transformation

Date: 2024-06-02 15:31:22 GMT - Egypt - Economy - SN:38 - ID:10731280

CAIRO, June 2 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla on Sunday discussed with Zac Crouch, the Vice President of MENATI at Baker Hughes, and his accompanying delegation means of boosting cooperation in the domains of ....

FEC: Food exports to Iraq hit $175 mln in 2023

Date: 2024-06-02 12:20:33 GMT - Egypt - Economy - SN:24 - ID:10730664

CAIRO, May 22 (MENA) - The Food Export Council (FEC) said Sunday that the food industry sector's exports to Iraq increased by 32 percent in 2023 to reach 175 million dollars up from 133 million dollars in the previous year, 2022. The FEC, in a ....

Parl't speaker refers agreement with EIB to constitutional committee

Date: 2024-06-02 09:17:27 GMT - Egypt - Economy - SN:13 - ID:10730323

CAIRO, June 2 (MENA) - Speaker of the House of Representatives Hanafi el Gebali referred on Sunday to the legislative and constitutional committee Presidential decree No. 164 of 2024 approving a deal with the European Investment Bank (EIB). The ....

Petroleum min. launches pilot operation of expanded oil refinery of Nasr Petroleum Company

Date: 2024-06-01 14:47:32 GMT - Egypt - Economy - SN:43 - ID:10729584

CAIRO, June 1 (MENA) - Petroleum and Mineral Resources Minister Tarek el Mulla launched on Saturday the pilot operation of the expanded oil refinery of Nasr Petroleum Company in Suez at EGP 2 billion investments to magnify high-quality petroleum ....

System of allocating land plots for those paying in US dollar to be suspended as of June: min.

Date: 2024-06-01 12:12:10 GMT - Egypt - Economy - SN:29 - ID:10729408

CAIRO, June 1 (MENA) – Housing and Urban Communities Minister Assem el Gazar announced that the New Urban Communities Authority (NUCA) will suspend the system of land allocation for those paying in the US dollar from abroad as of June 2024. In a ....

IT sector witnessed unprecedented leap in Sisi era: FEDCOC official to MENA

Date: 2024-06-01 11:05:46 GMT - Jordan - Economy - SN:25 - ID:10729283

AMMAN, June 1 (MENA) – First Deputy Chairman of the Federation of Egyptian Chambers of Commerce (FEDCOC) Hany Mahmoud lauded the level of progress in the sector of communications and IT in Egypt, asserting that the sector witnessed an unprecedented ....

Nasser Social Bank succeeds to increase wallet of retail banking finance to EGP 50bln: min.

Date: 2024-06-01 10:46:21 GMT - Egypt - Economy - SN:22 - ID:10729265

CAIRO, June 1 (MENA) – Minister of Social Solidarity and Board Chairman of Nasser Social Bank Nivine el Kabbag said that the bank succeeded in increasing the wallet of the retail banking finance to EGP 50 billion in the form of personal finance, ....

PM follows up efforts to support participation of private sector in renewable energy production

Date: 2024-06-01 08:43:05 GMT - Egypt - Economy - SN:12 - ID:10729236

CAIRO, June 1 (MENA) - Prime Minister Mostafa Madbouli received on Saturday a report from Minister of Electricity and Renewable Energy Mohamed Shaker on the ministry's efforts to support and promote the participation of the private sector in ....

EgyptAir operates 22 flights to transport pilgrims to Holy Lands Saturday

Date: 2024-05-31 13:15:26 GMT - Egypt - Economy - SN:38 - ID:10728539

CAIRO, May 31(MENA) - EgyptAir will operate 22 flights Saturday to transport pilgrims to the Holy Land in continuation of an air bridge operated by the national carrier. In a statement Friday, the company said on the 1st of June 22 flights will ....