Economy

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  • Category : Economy
  • Public Business Sector Ministry, AOI sign protocol to promote local manufacturing

    Date: 2024-08-25 14:34:47 GMT - Egypt - Economy - SN:61 - ID:10843216

    CAIRO, Aug 25 (MENA) - Public Business Sector Minister Mohamed Shemy and Chairman of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif on Sunday attended the signing ceremony of a cooperation protocol between the AOI and Public ....

  • Greater Cairo tops list of 10 African cities with highest GDP projection in 2035

    Date: 2024-08-25 14:27:21 GMT - South Africa - Economy - SN:59 - ID:10843255

    CAPE TOWN, Aug 25 (MENA) - Africa's major urban centers—like Cairo, Lagos, and Johannesburg—will still lead Africa's top 100 city economies by 2035, a Business Insider (BI) report says. Greater Cairo came first in the list of top 10 African ....

  • Supply Minister: Egypt, UAE have vast investment opportunities in supply domain

    Date: 2024-08-25 13:15:08 GMT - Egypt - Economy - SN:56 - ID:10843204

    CAIRO, Aug 25 (MENA) - Minister of Supply and Internal Trade Sherif Farouk affirmed the depth and strength of the relations between Egypt and the United Arab Emirates, noting that there are significant investment opportunities in various areas ....

  • Investment minister meet with delegation of Kraft Heinz group

    Date: 2024-08-25 12:46:01 GMT - Egypt - Economy - SN:54 - ID:10843012

    CAIRO, Aug 25 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib said that he reviewed the efforts of the global "Kraft Heinz" group aimed at transforming its factory in Egypt, which is the group's only factory in the Middle East ....

  • Egypt's bourse shows mixed performance at close of Sunday's trading

    Date: 2024-08-25 12:14:49 GMT - Egypt - Economy - SN:49 - ID:10843113

    CAIRO, Aug 25 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Sunday's trading, backed by sales by institutions and Egyptian investment funds and strong purchases by Arab and foreign institutions and Arab, Egyptian ....

  • US dollar exchange rate stable during Sunday's transactions

    Date: 2024-08-25 09:50:12 GMT - Egypt - Economy - SN:31 - ID:10842824

    CAIRO, Aug 25 (MENA) - The US dollar exchange rate was stable during Sunday's transactions at Egypt's major banks. The US dollar exchange reached EGP 48.70 for buying and EGP 48.80 for selling at HSBC. At the National Bank of Egypt (NBE) and ....

  • Consumer complexes to offer fruits, vegetables at reduced prices

    Date: 2024-08-24 19:21:51 GMT - Egypt - Economy - SN:58 - ID:10842286

    CAIRO, Aug 24 (MENA) - Minister of Supply and Internal Trade Sherif Farouk said Saturday that citizens will soon experience the benefits of initiatives designed to allocate spaces within consumer complexes for displaying fruits and vegetables at ....

  • 9,000 tons of goods handled at Red Sea ports

    Date: 2024-08-24 15:46:11 GMT - Egypt - Economy - SN:48 - ID:10842175

    HURGHADA, Egypt, Aug 24 (MENA) - About 9,000 tons of goods were handled at the different Red Sea harbors on Saturday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 600 tons of goods, 154 trucks and 80 ....

  • CAPMAS: Extractive industries index up by 0.07% in June 2024

    Date: 2024-08-24 12:53:46 GMT - Egypt - Economy - SN:39 - ID:10841923

    CAIRO, Aug 24 (MENA) - Egypt’s production index for transformative and extractive industries, excluding crude oil and petroleum products, recorded 108.35 in June 2024 against 108.27 a month earlier with an increase of 0.07 percent, said the Central ....

  • DCODE EFC’s report reflects Egypt’s development on int’l transparency indicators

    Date: 2024-08-24 09:40:51 GMT - Egypt - Economy - SN:18 - ID:10841572

    CAIRO, Aug 24 (MENA) – The Finance Ministry said the recent report released by the Dcode Economic and Financial Consulting (DCODE EFC) on international transparency for 2023 has reflected Egypt’s positive growth and development on this score. ....

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