Economy

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  • Category : Economy
  • Trade exchange between Egypt, Brazil increases to $2.5bn in 2021

    Date: 2022-02-13 15:55:02 GMT - Egypt - Economy - SN:55 - ID:9415529

    CAIRO, Feb 13 (MENA) – Trade and Industry Minister Nevine Gamae said Sunday that the volume of trade exchange between Egypt and Brazil upped during 2021 by 30 percent, amounting to some 2.5 billion dollars. In 2020, the volume of trade exchange ....

  • Egypt launches first ever report on development finance

    Date: 2022-02-13 15:28:25 GMT - Egypt - Economy - SN:53 - ID:9415524

    CAIRO, Feb 13 (MENA) - Minister of Planning and Economic Development Hala el Said said on Sunday that the report titled: "Financing Sustainable Development in Egypt" is the first of its kind to deal with development finance at the national ....

  • EGX loses EGP 22.9 billion at close of Sunday's trading

    Date: 2022-02-13 14:59:19 GMT - Egypt - Economy - SN:50 - ID:9415422

    CAIRO, Feb 13 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading session, prompted by intensive selling operations by Arab and foreign financial institutions and investment funds, against selective purchases ....

  • Supply min.: Wheat reserves sufficient for more than 5 months

    Date: 2022-02-13 11:51:55 GMT - Egypt - Economy - SN:36 - ID:9415059

    ASSIUT, Egypt Feb 13 (MENA) - Minister of Supply and Internal Trade Ali el-Moselhy said wheat strategic reserve is safe and will suffice for more than five months. In statements Sunday, on the sidelines of the inauguration of an experimental ....

  • Planning minister opens 4th ASDW inaugural session

    Date: 2022-02-13 10:59:55 GMT - Egypt - Economy - SN:31 - ID:9414902

    CAIRO, Feb 13 (MENA) - Minister of Planning and Economic Development Hala El Saeed opened on Sunday the inaugural session of the Fourth Arab Sustainable Development Week (ASDW), to run for three days under the theme “Together for Sustainable ....

  • Dollar exchange rate stable at Egypt major banks

    Date: 2022-02-13 08:45:49 GMT - Egypt - Economy - SN:16 - ID:9414693

    CAIRO, Feb 13 (MENA) - The US dollar exchange rate was stable at the beginning of Sunday's transactions at major banks in Egypt for the fifth month in a row. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, ....

  • 'Green Sharm El Sheikh' project document to be inked within few weeks: Environment min.

    Date: 2022-02-12 19:32:07 GMT - Egypt - Economy - SN:60 - ID:9414315

    CAIRO, Feb 12 (MENA) - Minister of Environment Yassmine Foaud revealed that her ministry will sign the document for a project to transform the Red Sea resort city of Sharm El Sheikh into a "green city" within the next few weeks. Foaud was ....

  • Egypt launches 1st-ever solar energy-powered wholesale market

    Date: 2022-02-12 19:21:49 GMT - Egypt - Economy - SN:58 - ID:9414313

    CAIRO, Feb 12 (MENA) - The Ministry of International Cooperation on Saturday took part in the launch ceremony of the first-ever solar energy-powered wholesale market. The project is part of the EU-financed MAIA-TAQA pilot project that promotes ....

  • 94 Egyptian companies to participate in 'Gulfood Dubai' tomorrow: FEC

    Date: 2022-02-12 18:20:37 GMT - Egypt - Economy - SN:56 - ID:9413960

    CAIRO, Feb 12 (MENA) - The Egyptian Food Export Council (FEC) said that 94 major Egyptian companies are set to participate in Gulfood 2022 trade exhibition slated for February 13-17 at Dubai International Convention & Exhibition Centre. In a ....

  • Military Production Ministry plays key role in paving ground for 4th industrial revolution in Egypt

    Date: 2022-02-12 15:02:40 GMT - Egypt - Economy - SN:42 - ID:9413621

    CAIRO, Feb 12 (MENA) – Minister of Military Production Mohamed Ahmed Morsi said Saturday that the ministry is playing a key role in developing the digital industries and gearing up for the fourth industrial revolution in Egypt. Morsi’s comments ....

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