Economy

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  • Category : Economy
  • Trade exchange between Egypt, Jordan increases by 26.2% in six months

    Date: 2021-11-09 17:29:30 GMT - Egypt - Economy - SN:92 - ID:9261394

    CAIRO, Nov 9 (MENA) - The value of trade exchange between Egypt and Jordan increased 26.2% in the first half of the current year, registering $430.8 million, against $341.3 million recorded in the corresponding period of 2020, according to data ....

  • Egypt's furniture exports hit $184 mln in 9 months of 2021

    Date: 2021-11-09 17:21:55 GMT - Egypt - Economy - SN:90 - ID:9261381

    CAIRO, Nov 9 (MENA) - The Egyptian Furniture Export Council said that the furniture sector's exports during the first nine months of 2021 increased by 13% to $184 million, compared to $163 million during the same period of 2020. The monthly ....

  • Egypt, Jordan sign MoU to support MSMEs

    Date: 2021-11-09 16:30:29 GMT - Egypt - Economy - SN:85 - ID:9261253

    CAIRO, Nov 9 (MENA) - Egyptian Minister of Trade and Industry Nevin Gamea and her Jordanian counterpart Yousef Al Shamali on Tuesday signed a memorandum of understanding (MoU) to support the sector of micro, small and medium-sized enterprises ....

  • Transport minister attends inking of 8 deals with global railway, maritime transport companies - 2 Last Cairo

    Date: 2021-11-09 16:08:45 GMT - Egypt - Economy - SN:84 - ID:9261276

    In the maritime transport, Wazir witnessed the inking of an MoU between the Egyptian Group for Multipurpose Terminals and Abu Dhabi Ports Group to prepare and operate Safaga Port's multipurpose terminal. The project aims to lure more investments ....

  • GAFI initially approves 10 projects at free zones in September, October

    Date: 2021-11-09 16:05:11 GMT - Egypt - Economy - SN:82 - ID:9261257

    CAIRO, Nov 9 (MENA) - The General Authority for Investment and Free Zones (GAFI) has initially approved 10 projects for establishing new companies and expanding existing ones at the free zones during September and October with capitals amounting to ....

  • Egypt's food exports to EU up to $437 mln in 1st 8 month of 2021 - FEC

    Date: 2021-11-09 15:36:18 GMT - Egypt - Economy - SN:79 - ID:9261075

    CAIRO, Nov 9 (MENA) - Egypt’s food exports to EU countries jumped 31 percent during the period from January to August 2021, registering a rise estimated at $437 million, compared with the same period a year earlier, the Food Export Council (FEC) ....

  • EGX indices show mixed performance, benchmark increases 0.79 pct

    Date: 2021-11-09 15:17:33 GMT - Egypt - Economy - SN:78 - ID:9261139

    CAIRO, Nov 9 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Tuesday's trading. The market capital lost EGP 1.3 billion, registering EGP 734.288 billion. The EGX 30 benchmark index increased 0.79 percent, ....

  • Transport minister attends inking of 8 deals with global railway, maritime transport companies

    Date: 2021-11-09 15:15:28 GMT - Egypt - Economy - SN:76 - ID:9261137

    CAIRO, Nov 9 (MENA) - Transport Minister Kamel el Wazir witnessed on Tuesday the signing of eight memoranda of understanding and protocols with global companies in the fields of railway, maritime transport, and dry ports on the sidelines of TRANS ....

  • Private sector's share in Egypt's economy to be raised to 50% in 3 years

    Date: 2021-11-09 14:45:02 GMT - Egypt - Economy - SN:73 - ID:9261035

    CAIRO, Nov 9 (MENA) - Finance Minister Mohamed Maait said the private sector's share in Egypt's development process will be raised from 30% to 50% in the coming three years in light of the State's support to investors to expand their activities ....

  • International Cooperation Ministry to hold symposium Thursday on fringe of UN COP26

    Date: 2021-11-09 14:01:14 GMT - Egypt - Economy - SN:69 - ID:9261005

    CAIRO, Nov 9 (MENA) - The International Cooperation Ministry will hold a symposium on Thursday on the sidelines of the UN COP26 Summit held in Glasgow. Environment Minister Yasmin Fouad, Senegalese Minister for Environment and Sustainable ....

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