Economy

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  • Category : Economy
  • Public Business Sector min., French amb. probe boosting investment partnerships

    Date: 2024-07-28 14:22:12 GMT - Egypt - Economy - SN:39 - ID:10805156

    CAIRO, July 28 (MENA) - Minister of Public Business Sector Mohamed Shimi on Sunday discussed with French Ambassador to Egypt Eric Chevalier prospects of promoting cooperation and investment partnerships between Egypt and France. During a meeting ....

  • Oil Ministry, Chiron Energy agree to pump dlrs 120 mn to increase oil production from Gulf of Suez

    Date: 2024-07-28 13:59:05 GMT - Egypt - Economy - SN:38 - ID:10805160

    CAIRO, July 28 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi, along with officials from "Chiron Energy" and the CEO of the Egyptian General Petroleum Corporation Alaa El-Batal, signed an agreement to inject new investments to ....

  • EGX indexes show mixed performance

    Date: 2024-07-28 12:34:30 GMT - Egypt - Economy - SN:30 - ID:10805009

    CAIRO, July 28 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading amid anticipations about the outcome of a meeting of the executive council of the International Monetary Fund (IMF) tomorrow to probe ....

  • Minister: Military production ministry keen to forge partnerships with private sector

    Date: 2024-07-28 10:50:19 GMT - Egypt - Economy - SN:23 - ID:10804719

    CAIRO, July 28 (MENA) - Minister of State for Military Production Mohamed Salaheddin Mostafa has expressed his ministry's keenness on forging new partnerships with the private sector and developing the production lines of the ministry-affiliated ....

  • Petroleum sector in talks with Indorama Corporation on dlrs 500 million worth Phosphate fertilizers plant

    Date: 2024-07-28 10:28:55 GMT - Egypt - Economy - SN:19 - ID:10804611

    CAIRO, July 28 (MENA) - Petroleum and Mineral Resources Minister Karim Badawi discussed on Sunday with vice president of Indorama Corporation Amit Lohia the developments of setting up a high-quality phosphate fertilizers plant in Ain Sokhna with ....

  • Dollar declines against EGP at beginning of Sunday's transactions

    Date: 2024-07-28 09:49:49 GMT - Egypt - Economy - SN:17 - ID:10804606

    CAIRO, July 28 (MENA) - The dollar exchange rate inched down at the beginning of Sunday's transactions at Egypt's major banks, amid anticipation of the Executive Board of the International Monetary Fund (IMF) to disburse dlrs 820 million as a third ....

  • Penalties to be imposed to eliminate land hoarding: Minister

    Date: 2024-07-28 08:58:27 GMT - Egypt - Economy - SN:12 - ID:10804485

    CAIRO, July 28 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Transport and Industry Kamel el Wazir said that unprecedented penalties will be imposed in order to eliminate land hoarding. Measures will be taken to ....

  • Investment ministry to facilitate measures to shift toward clean energy: Minister

    Date: 2024-07-28 07:43:49 GMT - Egypt - Economy - SN:10 - ID:10804353

    CAIRO, July 28 (MENA) - Investment and Foreign Trade Minister Hassan el Khatib affirmed that the ministry will work within the upcoming period to facilitate measures to shift toward clean energy and offer incentives in the eco-friendly activities. ....

  • Singapore is Egypt's four biggest investor - min.

    Date: 2024-07-28 07:40:53 GMT - Egypt - Economy - SN:9 - ID:10804412

    CAIRO, July 28 (MENA) - Finance Minister Ahmed Kouchouk said on Sunday Singapore is Egypt's four biggest investor and the country is hoping to lure more Singaporean companies to boost economic activities in Egypt. During his meeting with ....

  • ICT sector GDP contribution up to 5.8% in FY2023/2024 - ICT min.

    Date: 2024-07-27 20:00:26 GMT - Egypt - Economy - SN:55 - ID:10803781

    CAIRO, July 27 (MENA) - Minister of Communication and Information Technology Amr Talaat said the ICT sector contributed 5.8 per cent of GDP during the FY2023/2024, up from 5 percent for the previous fiscal year. Addressing the 3rd batch ....

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