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Economy
- Service : English General
- Category : Economy
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Petroleum min. directs GPC officials to intensify research, exploration activities
Date: 2024-07-30 19:10:52 GMT - Egypt - Economy - SN:63 - ID:10808568
CAIRO, July 30 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi directed officials of the General Petroleum Company (GPC) to intensify research and exploration activities to increase oil production. During his meeting with GPC ....
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IMF says 4th review of EFF loan program for Egypt to be conducted in Sept.
Date: 2024-07-30 18:41:38 GMT - Egypt - Economy - SN:57 - ID:10808522
CAIRO, July 30 (MENA) - International Monetary Fund (IMF) Mission Chief for Egypt Ivanna Vladkova Hollar said the fourth review of the Extended Fund Facility (EFF) loan program for Egypt will be conducted between September and December 2024, ....
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IMF expects Egypt's inflation to decrease to less than 15% during FY 2024/25
Date: 2024-07-30 15:50:49 GMT - Egypt - Economy - SN:48 - ID:10808508
CAIRO, July 30 (MENA) - Head of the International Monetary Fund (IMF) mission to Egypt Ivana Vladkova Hollar said that the IMF expects inflation in Egypt to decrease to less than 15% during the fiscal year 2024-2025. In statements on Tuesday, ....
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IMF: Egypt's efforts to reduce inflation rate heading in "the right direction"
Date: 2024-07-30 15:39:57 GMT - Egypt - Economy - SN:47 - ID:10808498
CAIRO, July 30 (MENA) - Head of the International Monetary Fund (IMF) mission to Egypt Ivana Vladkova Hollar said Tuesday that the IMF is closely monitoring Egypt's inflation indicators and will provide regular updates on them, noting that current ....
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Cabinet approves decision pertaining to regulation of investment and foreign trade ministry
Date: 2024-07-30 14:56:55 GMT - Egypt - Economy - SN:43 - ID:10808260
NEW ALAMEIN, July 30 (MENA) - The Cabinet, in its meeting Tuesday at the council's headquarters in New Alamein City, chaired by Prime Minister Mostafa Madbouli, approved a draft decision by the Prime Minister regarding the regulatory rules of the ....
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Bourse posts gains amounting to EGP 19 bln
Date: 2024-07-30 13:30:32 GMT - Egypt - Economy - SN:39 - ID:10808091
CAIRO, July 30 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Tuesday's trading session, backed by purchases by Egyptian, Arab and foreign institutions and investment funds, as well as Arab investors. The session ....
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Petroleum Ministry: Egypt’s important location enables it to become regional petroleum trade hub
Date: 2024-07-30 13:29:13 GMT - Egypt - Economy - SN:38 - ID:10807444
CAIRO, July 30 (MENA) - Deputy Minister of Petroleum Mahmoud Nagy stated on Tuesday that there is joint cooperation between the Egyptian government and Fujairah in the UAE in the petroleum sector. He emphasized Egypt's efforts to attract ....
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Electricity min., SGCC discuss producing 10,000 megawatts of renewable energy
Date: 2024-07-30 11:32:40 GMT - Egypt - Economy - SN:31 - ID:10807847
CAIRO, July 30 (MENA) – Minister of Electricity and Renewable Energy Mahmoud Esmat discussed Tuesday with officials of “State Grid Corporation of China (SGCC)” company means to boost cooperation between the sector of electricity and renewable energy ....
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Madbouli: IMF approval of third review of Egypt's economic reform "vote of confidence" in gov't program
Date: 2024-07-30 11:17:07 GMT - Egypt - Economy - SN:30 - ID:10807849
NEW ALAMEIN, July 30 (MENA) - Prime Minister Mostafa Madbouli confirmed that the International Monetary Fund (IMF) Board of Directors' approval of the third review under the Egyptian economic reform program during its meeting on Monday is an ....
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Khatib: Stimulating investment for export "main driver" of the country monetary policy
Date: 2024-07-30 10:51:20 GMT - Egypt - Economy - SN:28 - ID:10807682
CAIRO, July 30 (MENA) - Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib said Tuesday that stimulating investment for export represents one of the main drivers of the country's monetary, financial, investment, and trade policies ....
