Economy

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  • Category : Economy
  • E-Finance: Egypt Digital Industrial Platform to be key channel for communication between investors, agencies

    Date: 2024-09-11 14:12:10 GMT - Egypt - Economy - SN:44 - ID:10866664

    CAIRO, Sept 11 (MENA) - Ibrahim Sarhan, Chairman and CEO of E-Finance For Digital and Financial Investments SAE (EFIH) - the government arm of e-payment - said Egypt Digital Industrial Platform is meant to be a key channel to act as a go-between ....

  • Mashat, Hammer probe cooperation in climate solutions, policies

    Date: 2024-09-11 14:11:01 GMT - Egypt - Economy - SN:42 - ID:10866660

    CAIRO, Sept 11 (MENA) - Dr Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, held a meeting with Dr Stephen Hammer, CEO of the New York Climate Exchange. They discussed means to explore cooperation ....

  • EGX indexes rise at end of Wednesday trading

    Date: 2024-09-11 13:26:35 GMT - Egypt - Economy - SN:39 - ID:10866659

    CAIRO, Sept 11 (MENA) - Egyptian Stock Exchange indices recorded collective increases at the closing of Wednesday's trading session prompted by news on some leading companies' expansion plans in the real estate and industry market. The market ....

  • Mashat, Citibank review empowering private sector

    Date: 2024-09-11 13:26:20 GMT - Egypt - Economy - SN:38 - ID:10866394

    CAIRO, Sept 11 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania Mashat held a meeting on Wednesday with Jay Collins, Vice Chairman of Banking, Capital Markets, and Advisory, in the presence of Joaquin Jugo, ....

  • PM decrees forming entrepreneurship committee on supporting startup

    Date: 2024-09-11 13:25:09 GMT - Egypt - Economy - SN:37 - ID:10866658

    CAIRO, Sept 11 (MENA) - Prime Minister Mostafa Madbouli has decided forming a ministerial committee on entrepreneurship to support startups and create an environment contributing to achieving sustainable economic growth and creating more job ....

  • Egypt keen on boosting drug production to meet local demands -- Minister

    Date: 2024-09-11 10:27:08 GMT - Egypt - Economy - SN:21 - ID:10866214

    CAIRO, Sept 11 (MENA) – Minister of the Public Business Sector Mohamed Shimi has underscored interest in the pharmaceutical sector, stressing keenness to enhance its production and settle the drug industry in Egypt to better cope with growing local ....

  • GAFI chairman: We aim to use AI to prepare strategies supporting investment climate

    Date: 2024-09-11 10:21:40 GMT - Egypt - Economy - SN:20 - ID:10866229

    CAIRO, Sept 11 (MENA) - The CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Wednesday the Authority is currently updating its service platform to qualify GAFI incorporate Artificial Intelligence (AI) techniques ....

  • 11,000 tons of goods handled at Red Sea ports

    Date: 2024-09-11 06:48:04 GMT - Egypt - Economy - SN:7 - ID:10865872

    HURGHADA, Egypt, Sept 11 (MENA) - About 11,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 6,000 tons of goods, 346 trucks and ....

  • Planning minister meets delegation from IFC

    Date: 2024-09-10 19:39:22 GMT - Egypt - Economy - SN:71 - ID:10865522

    NEW ADMINISTRATIVE CAPITAL, Egypt, Sept 10 (MENA) - Minister of Planning, Economic Development and International Cooperation and Egypt's Governor at the World Bank Group Rania el Mashat met with a delegation from the International Finance ....

  • CBE: Egypt's annual inflation increases by 25.1% in August

    Date: 2024-09-10 18:39:19 GMT - Egypt - Economy - SN:59 - ID:10865462

    CAIRO, Sept 10 (MENA) - The Central Bank of Egypt (CBE) announced that the annual headline inflation rate surged by 25.1 percent in August 2024, compared to 24.4 percent in the previous month. In a statement released on Tuesday, the bank said the ....

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