Economy

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  • Category : Economy
  • Gamea: Ministry keen on transferring advanced Chinese technology to Egypt industry

    Date: 2021-12-27 10:21:45 GMT - Egypt - Economy - SN:35 - ID:9338314

    CAIRO, Dec 27 (MENA) - Minister of Trade and Industry Nevine Gamea asserted that the ministry was keen on transferring the advanced Chinese technology to the Egyptian industry. She was speaking at a signing ceremony of two agreements between ....

  • JICA: Samalout Regional Power Control Center to improve electricity services in Upper Egypt

    Date: 2021-12-27 09:53:51 GMT - Egypt - Economy - SN:32 - ID:9338294

    CAIRO, Dec 27 (MENA) - Chief Representative of Japan's International Cooperation Agency (JICA) Egypt Office Omura Yoshifumi said setting up Samalout Regional Power Control Center and upgrading Naga-Hamadi Regional Power Control Center will highly ....

  • Oil Ministry: Apache to invest dlrs 3.5 bn for exploration works at Western Desert

    Date: 2021-12-27 07:18:45 GMT - Egypt - Economy - SN:15 - ID:9338103

    CAIRO, Dec 27 (MENA) - Oil Minister Tarek El Molla and Chief Executive Officer (CEO) of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz El Regal and Vice President of US Apache Corportation David Chi signed an agreement whereby the US ....

  • ECMI eyes increasing exports by 30% on annual basis

    Date: 2021-12-26 18:45:04 GMT - Egypt - Economy - SN:71 - ID:9337756

    CAIRO, Dec 26 (MENA) – President of the Export Council for Medical Industries (ECMI) Majid George said Sunday that ECMI targets to increase the sector's exports by 30 percent on annual basis. ECMI eyes increasing the medical exports (medications, ....

  • Bourse makes limited gains at end of Sunday's trading

    Date: 2021-12-26 14:51:55 GMT - Egypt - Economy - SN:51 - ID:9337580

    CAIRO, Dec 26 (MENA) - The Egyptian Exchange indexes posted limited gains at the close of Sunday's trading, backed by purchases by local and Arab institutions and investment funds, while several individual investors scrambled to settle their ....

  • Dollar exchange rate stable at Egypt major banks

    Date: 2021-12-26 08:21:07 GMT - Egypt - Economy - SN:15 - ID:9336779

    CAIRO, Dec 26 (MENA) - The US dollar exchange rate was stable at the start of Sunday's 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 ....

  • Gov't allocates EGP 1.7 trillion for transport projects in 10 years: Transport min.

    Date: 2021-12-25 19:32:14 GMT - Egypt - Economy - SN:67 - ID:9336184

    QENA - Egypt, Dec 25 (MENA) - Minister of Transport Kamel El Wazir said that EGP 1.7 trillion were allocated for the period between June 2014 and June 2024 to implement projects across all areas of the transport industry. In his remarks during ....

  • Copper exports up 130% to $296 mln in 10 months

    Date: 2021-12-25 18:47:01 GMT - Egypt - Economy - SN:64 - ID:9336397

    CAIRO, Dec 25 (MENA) - Egypt's copper exports spiked 130 percent between January and October to reach 296 million dollars during the first ten months of 2021, up from 129 million dollars compared to the same period last year. In its recent ....

  • EGP 1.7trn earmarked for transport projects in 10 years: Transport min. -- 4 last Qena

    Date: 2021-12-25 15:35:00 GMT - Egypt - Economy - SN:54 - ID:9336013

    For the first time, the ministry has partnered with six national private companies to improve railroad tracks, Wazir said. He noted that the ministry seeks to expand its partnerships with private companies to boost competitiveness. As regards ....

  • Egypt-Ukraine Business Council: Volume of trade reaches USD 1.5 bln in 9 months

    Date: 2021-12-25 15:31:53 GMT - Egypt - Economy - SN:53 - ID:9336060

    CAIRO, Dec 25 (MENA) – Head of the Egyptian side of the Egypt-Ukraine Business Council Gamal el Aguizy said that the volume of trade between the two countries reached USD 1.5 billion during the first nine months in 2021. In a press release on ....

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