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Economy
- Service : English General
- Category : Economy
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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 ....
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AMAN Holding signs MoU to establish consumer financing company in Saudi Arabia
Date: 2025-01-02 15:36:34 GMT - Egypt - Economy - SN:32 - ID:11013437
CAIRO, Jan 2 (MENA) - Raya Holding announced that its subsidiary, AMAN Holding, has signed a non-binding Memorandum of Understanding (MoU) with Riyadh-based Jarir Marketing Company, a leading retail player in Saudi Arabia and the Gulf region. ....
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SCA company launches, repairs 10 aluminum boats
Date: 2025-01-02 14:07:02 GMT - Egypt - Economy - SN:29 - ID:11013337
ISMAILIA, Egypt, Jan 2 (MENA) - The Port Said for Engineering Works and Naval Constructions Co., a subsidiary of the Suez Canal Authority (SCA), has launched five "Bahhar" aluminum boats as part of the authority's strategy to modernize its maritime ....
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Bourse indexes up at close of Thursday's trading session
Date: 2025-01-02 13:38:42 GMT - Egypt - Economy - SN:26 - ID:11013336
CAIRO, Jan 2 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by purchases by local institutions and investment funds, as well as Arab and foreign investors, against sales by Arab ....
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Egypt launches $135 mln MG car factory
Date: 2025-01-01 22:39:49 GMT - Egypt - Economy - SN:45 - ID:11012765
CAIRO, Jan 1 (MENA) – Egypt is set to host a new MG car manufacturing plant in New October City, with investments totaling $135 million. The factory aims to localize car production, featuring over 45% locally sourced components. Production is ....
