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Economy
- Service : English General
- Category : Economy
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PM directs to refer irregularities spotted by ECA at commodity markets to public prosecution
Date: 2024-05-28 15:59:26 GMT - Egypt - Economy - SN:69 - ID:10724804
CAIRO, May 28 (MENA) - Prime Minister Mostafa Madbouli issued directives to refer the irregularities spotted by the Egyptian Competition Authority (ECA) at commodity markets to the public prosecution for taking the necessary legal procedures. He ....
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Decline in bourse indexes at close of Tuesday's transactions
Date: 2024-05-28 12:08:28 GMT - Egypt - Economy - SN:51 - ID:10724461
CAIRO, May 28 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Tuesday's trading, amid sales operations by investors. The market capital closed at EGP 1.833 trillion after transactions totaled approximately EGP 2.9 ....
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$13.9 bln volume of trade exchange between Egypt, China in 2023: CAPMAS
Date: 2024-05-28 10:57:32 GMT - Egypt - Economy - SN:40 - ID:10724214
CAIRO, May 28 (MENA) – The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the volume of trade exchange between Egypt and China reached $13.9 billion in 2023 in comparison with $16.6 billion in 2022. In a statement on ....
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SCEZONE inks usufruct contract with Turkish company worth $40 mln
Date: 2024-05-28 09:03:38 GMT - Egypt - Economy - SN:23 - ID:10723925
CAIRO, May 28 (MENA) – The Suez Canal Economic Zone (SCEZONE) announced on Tuesday inking a land usufruct contract of 65,000-square-meter area with the Turkish company of Eroglu Egypt for ready-made clothes at investments worth $40 million . The ....
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Electricity Ministry to open 252 MW Gulf of Suez wind power plant
Date: 2024-05-28 08:37:56 GMT - Egypt - Economy - SN:22 - ID:10723787
CAIOR, May 28 (MENA) - Minister of Electricity and Renewable Energy Mohamed Shaker will attend on Tuesday the inauguration of the 252 MW Gulf of Suez wind power plant project in in Red Sea governorate, under the auspices of Prime Minister Moustafa ....
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Dollar exchange rate stable in beginning of Tuesday's transactions
Date: 2024-05-28 07:59:33 GMT - Egypt - Economy - SN:16 - ID:10723827
CAIRO, May 28 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB), the dollar rate registered EGP ....
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13,000 tons of goods handled at Red Sea Ports
Date: 2024-05-28 07:26:49 GMT - Egypt - Economy - SN:12 - ID:10723879
HURGHADA, Egypt, May 28 (MENA) - About 41,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said the imports included 1,000 tons of goods, 263 trucks and ....
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PM inspects RUBX plastic, acrylic factories in Alexandria
Date: 2024-05-27 19:46:08 GMT - Egypt - Economy - SN:77 - ID:10723524
ALEXANDRIA, May 27 (MENA) - Prime Minister Mostafa Madbouli applauded the high quality and variety of the products made by Rubex International for Plastic and Acrylic Manufacturing (RUBX), affirming the government's support to the company's plans to ....
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PM says govt acting to boost private sector contribution to state investments
Date: 2024-05-27 19:44:32 GMT - Egypt - Economy - SN:76 - ID:10723529
NUBARIYA, Behaira, May 27 (MENA) – Prime Minister Moustafa Madbouli said Monday that his government is acting according to plan to increase the contribution of the private sector to state investments. The goal is to boost the contribution of the ....
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SCZONE seeks to lure many S. Korean investments, says chairman
Date: 2024-05-27 18:08:12 GMT - Egypt - Economy - SN:67 - ID:10723018
CAIRO, May 27 (MENA) - Chairman of the Suez Canal Economic Zone (SCZONE) Walid Gamaleldin has stressed keenness on luring many South Korean investments. Gamaleldin, in a meeting Monday with a delegation of the Korean Egyptian Development ....
