Economy

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  • Category : Economy
  • Optional insurance policy applied to Egyptians abroad

    Date: 2021-10-10 18:03:37 GMT - Egypt - Economy - SN:92 - ID:9210646

    CAIRO, Oct 10 (MENA) - Executive Chairman of the Financial Regulatory Authority Mohammed Omran said Sunday an optional insurance policy would be applied to Egyptians abroad. The policy covers costs of transporting the body in case of death, and ....

  • Total expenditures rose by 19.7 percent in 2 months - Ministry

    Date: 2021-10-10 15:52:28 GMT - Egypt - Economy - SN:70 - ID:9210814

    CAIRO, Oct 10 (MENA) - The Finance Ministry said Sunday that total expenditures rose by 19.7 percent to reach EGP 261 billion in the months of July and August, compared to EGP 218 billion during the same period of 2020. Wages and workers’ ....

  • Hyundai Rotam eyes cooperation in new capital projects: CEO

    Date: 2021-10-10 15:36:28 GMT - Egypt - Economy - SN:69 - ID:9210868

    CAIRO, Oct 10 (MENA) - Egypt's Ambassador to South Korea Hazem Fahmy on Sunday had a meeting with CEO and President of the Hyundai Rotam Group Young Pei Lee to discuss the results of the latter's visit to Cairo in April. Fahmy said that the ....

  • Finance Ministry: Tax revenues hit EGP 109.8 bn in 2 months

    Date: 2021-10-10 15:13:47 GMT - Egypt - Economy - SN:66 - ID:9210663

    CAIRO, Oct 10 (MENA) - Tax revenues from July to August of the fiscal year 2021/22 rose by 18.8 percent to hit EGP 109.8 billion against EGP 92.4 billion during the same period of the previous fiscal year, the Finance Ministry announced. In a ....

  • Transport ministry: Highway duplication project on Red Sea coast accomplished

    Date: 2021-10-10 14:30:22 GMT - Egypt - Economy - SN:59 - ID:9210581

    CAIRO, Oct 10 (MENA) - The Ministry of Transport said Sunday that the 200km-long road duplication project that links Safaga, Quseir and Marsa Alam on the Red Sea coast has been accomplished at costs amounting to EGP 1.7 billion. The new project ....

  • FRA: Egyptian expat insurance program effective as of January 2022

    Date: 2021-10-10 14:12:02 GMT - Egypt - Economy - SN:58 - ID:9210720

    CAIRO, Oct 10 (MENA) - An Egyptian expat insurance program will come into effect as of January 1, 2022, the Financial Regulatory Authority (FRA) announced Sunday. The program provides insurance against accidents that might involve Egyptians ....

  • All bourse indexes post collective gains

    Date: 2021-10-10 14:03:22 GMT - Egypt - Economy - SN:56 - ID:9210721

    CAIRO, Oct 10 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session, backed by a strong performance in the equities of small, medium and large companies, as well as speculations. The market ....

  • Enppi, Italian Technip sign energy transition MoU

    Date: 2021-10-10 13:36:24 GMT - Egypt - Economy - SN:53 - ID:9210579

    CAIRO, Oct 10 (MENA) - CEO of Egypt's Engineering for the Petroleum and Process Industries (ENPPI) Ashraf Bahaa and Chief Operating Officer of Italy's Technip Energies Marco Villa signed a memorandum of understanding Sunday in the energy transition ....

  • Petroleum minister lays foundation stone of integrated oil treatment plant

    Date: 2021-10-10 13:32:44 GMT - Egypt - Economy - SN:52 - ID:9210582

    CAIRO, Oct 10 (MENA) - Petroleum Minister Tareq el Molla Sunday laid the foundation stone of a project to turn an affiliated Al Hamad Wharf into an integrated treatment plant. The project is estimated to cost some one billion pounds and aims to ....

  • IDSC report underlines updated positive forecasts for Egyptian economy

    Date: 2021-10-10 13:18:44 GMT - Egypt - Economy - SN:49 - ID:9210362

    CAIRO, Oct 10 (MENA) - Egypt could, through a number of strong and strategic policies, achieve economic stability and this was translated into development gains, the Cabinet's Information and Decision Support Center (IDSC) said in a report out ....

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