Economy

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  • Category : Economy
  • World Bank appoints Yasser El-Gammal as country manager for Romania & Hungary

    Date: 2024-10-13 18:46:52 GMT - USA - Economy - SN:64 - ID:10910073

    WASHINGTON, Oct 13 (MENA) - Yasser El-Gammal, an Egyptian and Canadian national, is the new World Bank Country Manager for Romania and Hungary, effective October 1, the bank announced in a press release. "As Country Manager, I will work closely ....

  • We plan to attract investments from 30 advanced countries - GAFI chief

    Date: 2024-10-13 16:53:56 GMT - Egypt - Economy - SN:52 - ID:10909794

    CAIRO, Oct 13 (MENA) – Executive Director of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said the authority’s plan for luring investments is focused on attracting advanced economies and companies in the sectors targeted ....

  • Osama Rabie: Suez Canal is working round-the-clock despite current challenges

    Date: 2024-10-13 14:34:21 GMT - Egypt - Economy - SN:42 - ID:10909767

    ISMAILIA, Oct 13 (MENA) - Chairman of the Suez Canal Authority Osama Rabie emphasized that the Suez Canal is working efficiently round-the-clock and receiving different kinds of ships and cargos despite current challenges in the Red Sea ....

  • Bourse indexes down at close of week transactions

    Date: 2024-10-13 13:09:48 GMT - Egypt - Economy - SN:36 - ID:10909652

    CAIRO, Oct 13 (MENA) - Egyptian Exchange (EGX) indexes declined at the close of Sunday trading session, the first session of the week, prompted by sales by institutions and foreign, local and Arab investment funds against purchases by foreign, Arab ....

  • SCZone head: We aim to attract more Chinese investments in 21 industrial sectors

    Date: 2024-10-13 12:06:32 GMT - Egypt - Economy - SN:32 - ID:10909396

    CAIRO, Oct 13 (MENA) - Chairman of the General Authority for Suez Canal Economic Zone (SCZone) Walid Gamal El Din said during a recent promotional tour of China the zone succeeded in attracting Chinese investments that exceed 1.067 billion ....

  • IT minister: State keen on setting stage for investments in IT

    Date: 2024-10-13 11:18:14 GMT - Egypt - Economy - SN:28 - ID:10909367

    CAIRO, Oct 13 (MENA) - Minister of Communications and Information Technology Amr Talaat asserted the state is keen on setting the stage for more investments in the sector of communications and information technology. The state is also very ....

  • 'We look forward to breaking down investment barriers among BRICS members': Finance min.

    Date: 2024-10-12 17:41:57 GMT - Egypt - Economy - SN:71 - ID:10908498

    CAIRO, Oct 12 (MENA) - Minister of Finance Ahmed Kouchouk underscored the need for expanding the role of the New Development Bank, formerly known as the BRICS Development Bank, to support BRICS countries and developing economies. Speaking during ....

  • Business Sector min.: Egypt pays great attention to developing public sector companies

    Date: 2024-10-12 14:45:56 GMT - Egypt - Economy - SN:56 - ID:10908477

    CAIRO, Oct 12 (MENA) - Minister of Public Business Sector Mohamed Shimi emphasized on Saturday that Egypt pays great attention to the development of public sector companies within the New Republic era. The minister made his remarks during his ....

  • Investment min.: Egypt, Saudi Arabia linked by distinguished, time-honored relations

    Date: 2024-10-12 10:48:22 GMT - Egypt - Economy - SN:27 - ID:10908111

    CAIRO, Oct 12 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib Saturday affirmed that Egypt and Saudi Arabia enjoy distinguished bilateral relations based on long history of cooperation and coordination. He highlighted a mutual ....

  • SCA issues new navigation circular to encourage tourist yachts

    Date: 2024-10-12 09:03:28 GMT - Egypt - Economy - SN:20 - ID:10908032

    ISMAILIA, Egypt, Oct 12 (MENA) – Suez Canal Authority (SCA) issued a new navigation circular to encourage tourist yachts to transit the Suez Canal and attract them to boost tourism in the Red Sea. In a press release on Saturday, SCA said it has ....

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