Economy

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  • Category : Economy
  • Finance min.: Sisi allocates new budget to expand comprehensive health coverage in governorates

    Date: 2024-05-22 11:25:43 GMT - Egypt - Economy - SN:34 - ID:10716231

    CAIRO, May 22 (MENA) - Finance Minister Mohamed Maait, the head of the Universal Health Insurance Authority (UHIA) - asserted that President Abdel Fattah El Sisi allocated a new budget to expand the comprehensive heath insurance mechanism to the ....

  • Dollar exchange rate stable at start of Wednesday's transactions

    Date: 2024-05-22 07:33:48 GMT - Egypt - Economy - SN:13 - ID:10715798

    CAIRO, May 22 (MENA) - The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB) the dollar rate registered ....

  • Planning min. reviews education sector targets in upcoming FY plan

    Date: 2024-05-21 20:47:40 GMT - Egypt - Economy - SN:87 - ID:10715635

    CAIRO, May 21 (MENA) - Planning and Economic Development Minister Hala el Said said that it is planned to reduce class density in governorates with high rates, especially in the primary education stage (53 students/class). The minister explained ....

  • Telecom Egypt partners with Huawei Cloud to host Huawei’s first public cloud in Egypt

    Date: 2024-05-21 19:45:04 GMT - Egypt - Economy - SN:80 - ID:10715539

    CAIRO, May 21 (MENA) - In a significant step toward accelerating Egypt's digital transformation strategy, Telecom Egypt, a leading communications and information technology service provider, and Huawei Cloud have successfully joined forces to launch ....

  • Strategy of developing oil sector attracted major int'l companies: Oil min.

    Date: 2024-05-21 14:14:01 GMT - Egypt - Economy - SN:50 - ID:10714821

    CAIRO, May 21 (MENA) – Petroleum Minister Tarek el Mulla asserted the adoption of an integrated strategy by the petroleum sector for development was fruitful including an important program for digital transition and entering developed ....

  • Slight decline in bourse indexes at end of Tuesday transactions

    Date: 2024-05-21 13:22:46 GMT - Egypt - Economy - SN:44 - ID:10714879

    CAIRO, May 21 (MENA) - Egyptian Exchange (EGX) indices went down slightly at the close of Tuesday's trading, amid sales operations by individual Arab and Egyptian investors against purchases of Egyptian and foreign investment funds. The market ....

  • Minister: Egypt's commodity exports rise to dlrs 12.9 bn during first quarter of 2024

    Date: 2024-05-21 11:54:04 GMT - Egypt - Economy - SN:37 - ID:10714793

    CAIRO, May 21 (MENA) - Minister of Trade and Industry Ahmed Samir, announced that Egyptian commodity exports have continued to rise for the fourth consecutive month, noting that Egyptian commodity exports reached approximately dlrs 12.912 billion ....

  • PM reviews measures to set cap on public investments

    Date: 2024-05-20 17:27:59 GMT - Egypt - Economy - SN:67 - ID:10713713

    CAIRO, May 20 (MENA) - Prime Minister Mostafa Madbouli said Monday the decisions taken by the government to set a cap on public investments aims at reducing inflation rates. Chairing a high-level meeting, the premier reviewed mechanisms ....

  • PM Madbouli inspects Sumitomo's largest ever factory in 10th of Ramadan city

    Date: 2024-05-20 16:21:33 GMT - Egypt - Economy - SN:58 - ID:10713650

    EL SHARQIYAH, Egypt, May 20 (MENA) - Prime Minister Moustafa Madbouli on Monday started an inspection tour of Japanese conglomerate Sumitomo's largest ever pigtails cable factory in the Tenth of Ramadan City, Sharqiyah governorate. The factory ....

  • House approves committee report on opening appropriation in state budget for FY 2023-24 worth EGP 320 bn

    Date: 2024-05-20 15:20:16 GMT - Egypt - Economy - SN:55 - ID:10713458

    CAIRO, May 20 (MENA) - The House of Representatives, under Speaker Hanafi El-Gebali, on Monday gave final approval to a report of the Budget and Planning Committee on a draft law submitted by the government to open an additional appropriation in ....

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