Economy

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  • Category : Economy
  • PM tours tech hub in New Borg El Arab City

    Date: 2024-05-27 17:55:43 GMT - Egypt - Economy - SN:66 - ID:10723047

    ALEXANDRIA, Egypt, May 27 (MENA) - Prime Minister Mostafa Madbouli visited during his inspection tour of Alexandria Governorate Monday the tech hub in New Borg El Arab City, accompanied by Minister of Communications and Information Technology Amr ....

  • Construction materials exports hit dlrs 2.876bln in 1st four months of 2024: Trade min.

    Date: 2024-05-27 17:48:19 GMT - Egypt - Economy - SN:65 - ID:10723463

    CAIRO, May 27 (MENA) - Trade and Industry Minister Ahmed Samir said that the building materials sector’s exports during the first four months of this year hit dlrs 2.876 billion. The minister made the remarks during his inspection tour of the ....

  • PM says bread subsidy costs State over EGP 100 bln annually 4 Alexandria

    Date: 2024-05-27 17:34:50 GMT - Egypt - Economy - SN:61 - ID:10723348

    The prime minister further said that the needs of the electricity ministry from petroleum products increase each year. The State exerts strenuous efforts to use new and renewable energy in order to reduce dependency on the traditional fuel for ....

  • PM says bread subsidy costs State over EGP 100 bln annually 3 Alexandria

    Date: 2024-05-27 16:57:57 GMT - Egypt - Economy - SN:58 - ID:10723276

    The Finance Ministry paid until now EGP 40 billion to local farmers in return of supplying wheat, said Madbouli. The bread subsidy costs the State about EGP 110 billion, he added during a press conference following his inspection tour of Behira ....

  • PM inspects Sawari residential project site

    Date: 2024-05-27 16:36:50 GMT - Egypt - Economy - SN:57 - ID:10723270

    ALEXANDRIA, Egypt, May 27 (MENA) - Prime Minister Mostafa Madbouli inspected Sawari residential project site in West Carrefour area in Alexandria Governorate. At the beginning of his inspection tour of the place, the Prime Minister listened to ....

  • CBE official opens HC Conference on investment opportunities in EGX

    Date: 2024-05-27 16:02:22 GMT - Egypt - Economy - SN:55 - ID:10723026

    CAIRO, May 27 (MENA) - Deputy Governor of the Central Bank of Egypt Rami Abu Al-Naga opened Monday the 4th Investment Opportunities Conference in the Egyptian Stock Exchange, organized by HC Securities & Investments in cooperation with Avior Capital ....

  • PM says bread subsidy costs State over EGP 100 bln annually 2 Alexandria

    Date: 2024-05-27 15:59:12 GMT - Egypt - Economy - SN:54 - ID:10723269

    The prime minister asserted the State will continue subsidizing bread, urging Egyptian farmers to increase their production of wheat to reduce the import bill and decrease the pressure on the US dollar. The government increased the price for ....

  • PM says bread subsidy costs State over EGP 100 bln annually

    Date: 2024-05-27 15:03:02 GMT - Egypt - Economy - SN:45 - ID:10723175

    ALEXANDRIA, Egypt, May 27 (MENA) - Prime Minister Mostafa Madbouli said the bread subsidy costs the State over EGP 100 billion annually, with one loaf of bread being sold to customers at five piasters. In a press conference following his ....

  • Decline in bourse indexes at close of Monday's transactions

    Date: 2024-05-27 14:53:05 GMT - Egypt - Economy - SN:44 - ID:10723021

    CAIRO, May 27 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Monday's trading, amid sales operations by investors. The market capital closed at EGP 1.838 trillion after transactions totaled approximately EGP 7.8 ....

  • Petroleum min.: Gov't seeks sustainable solutions to power load-shedding issue

    Date: 2024-05-27 12:18:25 GMT - Egypt - Economy - SN:35 - ID:10722809

    CAIRO, May 27 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla on Monday said that plans are in the pipeline - in partnership with all government bodies concerned - to bridge the gap between state's available resources and the ....

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