Economy

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  • Category : Economy
  • CBE: Egypt's net forex reserves rise to $46.488 bln in July

    Date: 2024-08-06 15:27:35 GMT - Egypt - Economy - SN:49 - ID:10818246

    CAIRO, Aug 6 (MENA) – The Central Bank of Egypt (CBE) said its net international reserves increased by $105 million during July to register $46.488 billion, compared to $46.383 billion at the end of June. (MENA) I S N/M H E ....

  • Agriculture minister, IDC's director discuss optimizing use of date palm resources

    Date: 2024-08-06 15:06:16 GMT - Egypt - Economy - SN:48 - ID:10817717

    CAIRO, Aug 6 (MENA) - Minister of Agriculture and Land Reclamation Alaa Eldin Farouk met on Tuesday with Executive Director of International Date Council (IDC) Abdelrahman Habib to enhance cooperation and maximize the use of Egyptian and Arab palm ....

  • PM says gov't gives top priority to enhancing private sector's involvement

    Date: 2024-08-06 15:02:18 GMT - Egypt - Economy - SN:47 - ID:10818101

    CAIRO, Aug 6 (MENA) - Prime Minister Mostafa Madbouli said the government gives a top priority to promoting the private sector's involvement to advance sustainable development and economic growth. Madbouli made the comments during his meeting on ....

  • EBA member says Egyptian real estate sector seeks to invest in Arab, African states

    Date: 2024-08-06 13:46:08 GMT - Egypt - Economy - SN:40 - ID:10818033

    CAIRO, Aug 6 (MENA) - Ramy Fathalla, a member of the Egyptian Businessmen's Association (EBA), said the Egyptian real estate sector seeks to invest in Arab and African states. In statements on the sidelines of the EBA's Real Estate Development ....

  • Kouchouk: Over 28,000 cars handed over under presidential initiative for old vehicles replacement

    Date: 2024-08-06 13:28:33 GMT - Egypt - Economy - SN:38 - ID:10817962

    CAIRO, Aug 6 (MENA) - Finance Minister Ahmed Kouchouk said over 28,000 cars were handed over to citizens under the presidential initiative for old vehicles replacement at a green incentive estimated at 718 million pounds. During a press ....

  • Civil Aviation minister, Homeland Defenders Party discuss areas of mutual cooperation

    Date: 2024-08-06 13:07:36 GMT - Egypt - Economy - SN:36 - ID:10817714

    CAIRO, Aug 6 (MENA) – Minister of Civil Aviation Sameh el Hefny emphasized that improving passenger services, at airports and on board aircraft, is a top priority for the ministry. He said that enhancing services quality across various civil ....

  • Bourse indices up at end of transactions

    Date: 2024-08-06 12:34:09 GMT - Egypt - Economy - SN:35 - ID:10817960

    CAIRO, Aug 6 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Tuesday's trading session, backed by strong purchases by institutions and local investment funds. The market capital gained about EGP 32 billion to ....

  • Boosting partnership with private sector without touching assets of state: Civil aviation min.

    Date: 2024-08-06 12:12:04 GMT - Egypt - Economy - SN:29 - ID:10817708

    CAIRO, Aug 6 (MENA) – Minister of Civil Aviation Sameh el Hefni asserted that the Ministry of Civil Aviation is working within the specifications of the program of the Egyptian state to boost partnership with the private sector without touching the ....

  • Investment minister confers with FRA chief on improving business climate

    Date: 2024-08-06 11:19:00 GMT - Egypt - Economy - SN:25 - ID:10817569

    CAIRO, Aug 6 (MENA) - Minister of Investment and Foreign Trade Hassan Al-Khatib discussed with Chairman of the Financial Regulatory Authority (FRA) Mohamed Farid, all proposals related to the growth rates of investment and the improvement of the ....

  • EGX regains EGP27bn in early trading

    Date: 2024-08-06 08:11:15 GMT - Egypt - Economy - SN:16 - ID:10817340

    CAIRO, Aug 6 (MENA) - The Egyptian Exchange (EGX) rebounded Tuesday retrieving 27 billion pounds of losses made over the past sessions. The EGX 30 benchmark index rose by 1.5 percent to 28260.22 points. The broader EGX 70 index of the leading ....

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