Economy

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  • Category : Economy
  • PM says Egypt's economy recovers, growth rate expected to hit 6% this year

    Date: 2022-02-16 13:29:36 GMT - Egypt - Economy - SN:52 - ID:9420836

    CAIRO, Feb 16 (MENA) – Prime Minister Dr Mostafa Madbouli said Wednesday the Egyptian economy has achieved a growth rate of 8.3% in the second quarter of the current fiscal year and 9.8% in the first quarter. It means that the average growth rate ....

  • Maait: Private sector locomotive of economic growth

    Date: 2022-02-16 13:00:07 GMT - Egypt - Economy - SN:51 - ID:9420488

    CAIRO, Feb 16 (MENA) - Finance Minister Mohamed Maait underlined that the efficient implementation of the economic reform program contributed to turning challenges into promising development opportunities in order to strengthen the Egyptian economy ....

  • Industry min., discusses with World Bank team achieving sustainable development

    Date: 2022-02-16 11:33:52 GMT - Egypt - Economy - SN:43 - ID:9420347

    CAIRO, Feb 16 (MENA) - Trade and Industry Minister Nivine Gamea underlined Egypt's keenness on promoting cooperation with international partners, especially with regard to climate change adaptation, the green recovery and energy resources ....

  • Transport min., Hutchison director confer on activating memorandum of understanding

    Date: 2022-02-16 11:00:14 GMT - Egypt - Economy - SN:42 - ID:9420394

    CAIRO, Feb 16 (MENA) – Transport Minister Kamel el Wazir held a meeting via video conference with Group Managing Director of the Chinese company of Hutchison Eric Ip in the presence of Hutchison Executive Director in Europe and Egypt Clemence ....

  • Petroleum ministry, Aramco sign cooperation agreement

    Date: 2022-02-16 10:17:14 GMT - Egypt - Economy - SN:39 - ID:9420317

    CAIRO, Feb 16 (MENA) - Minister of Petroleum and Mineral Resources Tarek el-Malla witnessed Wednesday the signing of a cooperation agreement between his ministry and the Saudi Arabian Oil Company Aramco as part of a plan to establish a petrochemical ....

  • NBE deputy chairman to MENA: Banking sector starts applying import procedures as per CBE's decision

    Date: 2022-02-16 10:13:02 GMT - Egypt - Economy - SN:38 - ID:9420268

    CAIRO, Feb 16 (MENA) - Deputy Chairman at the National Bank of Egypt (NBE) Yehia Abu Elfotouh said the banking sector starts applying procedures for regulating imports as per the Central Bank of Egypt (CBE)’s decision that was issued on ....

  • Global (5): Vantage to sponsor McLaren's new electric offroad racing team

    Date: 2022-02-16 09:31:56 GMT - United Kingdom - Economy - SN:30 - ID:9420290

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================== Vantage to sponsor McLaren's new electric offroad racing team LONDON ....

  • US dollar exchange rate stable at Egypt's major banks

    Date: 2022-02-16 09:24:30 GMT - Egypt - Economy - SN:28 - ID:9420196

    CAIRO, Feb 16 (MENA) - The US dollar exchange rate was stable on Wednesday at the early transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording EGP 15.64 for buying and ....

  • 32 container, cargo ships handled at Damietta Port

    Date: 2022-02-16 08:55:08 GMT - Egypt - Economy - SN:24 - ID:9420115

    DAMIETTA, Egypt, Feb 16 (MENA) - As many as 32 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement on Wednesdsay, the Damietta Port Authority said the total trade volume of exported goods from the ....

  • Agriculture min. discusses ways of enhancing crops production

    Date: 2022-02-16 08:48:59 GMT - Egypt - Economy - SN:23 - ID:9420032

    CAIRO, Feb 16 (MENA) - Agriculture and Land Reclamation Minister El Sayyed el-Quseir discussed with researchers of the Agriculture Research Center ways of enhancing the production of olive, sugarcane, dates and oil crops. The minister, ....

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