Economy

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  • Category : Economy
  • EGP 1.1 bln directed to develop transport sector in 2021- ministry

    Date: 2022-02-02 18:48:35 GMT - Egypt - Economy - SN:97 - ID:9398063

    CAIRO, Feb 2 (MENA) - Ministry of International Cooperation said Wednesday the transport sector had development financing deals worth EGP 1.14 billion in 2021. These deals were reached with Egypt's development partners, the World Bank, the ....

  • Developmental financing at $ 1billion in electricity, oil sectors in 2021 - Report

    Date: 2022-02-02 17:37:53 GMT - Egypt - Economy - SN:89 - ID:9398071

    CAIRO, Feb 2 (MENA) - The International Cooperation Ministry said developmental financing agreements, that were signed in the sector of energy, petroleum and electricity in 2021, hit a value of $1.04 billion with various development partners. The ....

  • Gamea: Several measures to be taken to ensure quality of products

    Date: 2022-02-02 16:42:18 GMT - Egypt - Economy - SN:82 - ID:9397937

    CAIRO, Feb 2 (MENA) - Trade and Industry Minister Nivine Gamea said a number of measures will be put into effect in order to ensure the quality of goods in the Egyptian market. In a statement issued by the cabinet media center, Gamea referred to ....

  • Finance min.: Tax revenues up 15.7% in H1 2021/22

    Date: 2022-02-02 16:32:13 GMT - Egypt - Economy - SN:79 - ID:9397827

    CAIRO, Feb 2 (MENA) - Finance Minister Mohamed Maait said on Wednesday that the tax revenues increased by nearly 15.7% in the first half of the 2021/22 fiscal year. Speaking at a press conference in the presence of Prime Minister Mostafa ....

  • CBE: Balance of payment realizes total surplus of dlrs 311.4 m in first quarter of current fiscal year

    Date: 2022-02-02 15:53:19 GMT - Egypt - Economy - SN:72 - ID:9397871

    CAIRO, Feb 2 (MENA) - The Central Bank of Egypt (CBE) said the balance of payments realized a total surplus of dlrs 311.4 million in the first quarter of the current fiscal year 2021-2022 against a deficit of dlrs 69.2 million in the corresponding ....

  • RMGEC: 14 Egyptian ready-made clothes companies to participate in "Magic Show" in USA

    Date: 2022-02-02 15:12:40 GMT - Egypt - Economy - SN:70 - ID:9397593

    CAIRO, Feb 2 (MENA) - The Ready Made Garments Export Council (RMGEC) said it will participate in the Egyptian pavilion to be held as part of the Magic Fashion Trade Show that will be organized in the USA during the period from February 13 to ....

  • Finance min.: FY 2022/23 to see more spending on development investments 2 last Cairo

    Date: 2022-02-02 15:09:11 GMT - Egypt - Economy - SN:68 - ID:9397547

    The finance minister called on Egyptian businessmen to integrate the informal sector into the formal economy to collect the dues of the public treasury and increase the gross domestic product. He pointed out that all tax and customs mechanism ....

  • Finance min.: FY 2022/23 to see more spending on development investments

    Date: 2022-02-02 14:50:21 GMT - Egypt - Economy - SN:63 - ID:9397419

    CAIRO, Feb 2 (MENA) - Finance Minister Mohamed Maait said on Wednesday that the 2022/23 fiscal year will see more spending on development investments as part of presidential directives to improve the living conditions of Egyptians. Speaking at an ....

  • PM: Egyptian exports hit record of dlrs 45.2 bn in 2021 3 last Cairo

    Date: 2022-02-02 14:42:29 GMT - Egypt - Economy - SN:59 - ID:9397639

    Prime Minister Moustafa Madbouli attributed the growth of Egyptian exports to rising international demand on commodities as economies started to recover from the coronavirus pandemic repercussions in addition to opening new markets for Egyptian ....

  • PM: Egyptian exports hit record of dlrs 45.2 bn in 2021 2 Cairo

    Date: 2022-02-02 14:02:16 GMT - Egypt - Economy - SN:56 - ID:9397559

    Prime Minister Moustafa Madbouli said that President Abdel Fattah El Sisi has focused on encouraging and localizing industry and shrinking imports. He said that several initiatives were launched during the coronavirus pandemic, but Egypt adopted ....

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