Economy

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  • Category : Economy
  • Global (1): Premium Automobile Brand EXEED Sets Course for the Middle East Region

    Date: 2021-12-22 06:28:03 GMT - Kingdom of Saudi Arabia - Economy - SN:9 - ID:9331011

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ======================================================================= RIYADH, Saudi Arabia, Dec. 21, 2021 /PRNewswire/ -- EXEED, premium ....

  • Planning min. highlights efforts on providing reasonable wages, decent life

    Date: 2021-12-21 21:15:50 GMT - Egypt - Economy - SN:92 - ID:9330827

    CAIRO, Dec 21 (MENA) – Minister of Planning and Economic Development Hala El Saeed has stressed that the state works on striking a balance between the provision of reasonable wages for employees and helping them enjoy a decent standard of living. ....

  • PM discusses progress in national strategy for auto industry

    Date: 2021-12-21 20:15:39 GMT - Egypt - Economy - SN:90 - ID:9330791

    CAIRO, Dec 21 (MENA) - Prime Minister Mostafa Madbouli on Tuesday held a meeting to discuss progress in drawing up a national strategy for the automotive industry. During the meeting, the premier asserted the need for finalizing the auto industry ....

  • Honeywell says Egypt one of best-performing markets, looks forward to investing in its gas, oil sectors

    Date: 2021-12-21 19:10:26 GMT - Egypt - Economy - SN:85 - ID:9330607

    CAIRO, Dec 21 (MENA) - President and CEO of Honeywell's Global High Growth Regions Shane Tedjaratin said Egypt is one of the best-performing markets in which his company operates, asserting that he is looking forward to expanding its activities in ....

  • All EGX indices up, benchmark increases 0.37%

    Date: 2021-12-21 14:59:01 GMT - Egypt - Economy - SN:65 - ID:9330296

    CAIRO, Dec 21 (MENA) - The Egyptian Exchange (EGX) indices went up collectively at the close of Tuesday's trading, pushed by purchases from Egyptian and Arab institutions and investment funds. Meanwhile, sales prevailed in transactions of Arab ....

  • Egypt's reserve of commodities is safe, food security achieved in 2021: ministry

    Date: 2021-12-21 14:56:18 GMT - Egypt - Economy - SN:61 - ID:9330128

    CAIRO, Dec 21 (MENA) – The Supply and Internal Trade Ministry has succeeded in achieving its targets in the current year as part of the State’s plan to support the subsidized commodities and ensure sustainable food security. In its annual report ....

  • Revenues of Suez Canal hit $6.1 bln since January

    Date: 2021-12-21 14:26:55 GMT - Egypt - Economy - SN:59 - ID:9330253

    ISMAILIA, Egypt, Dec 21 (MENA) - The revenues of the Suez Canal hit 6.1 billion dollars since January 2021. As many as 20,033 ships carrying 1.23 billion tons of goods transited the waterway during this period, said Chairman of the Suez Canal ....

  • Egypt to host 2022 IsDB Group's annual meetings next June

    Date: 2021-12-21 13:59:20 GMT - Kingdom of Saudi Arabia - Economy - SN:56 - ID:9330120

    RIYADH, Dec 21 (MENA) - Egypt will host the upcoming annual meetings of the Islamic Development Bank Group (IsDB Group) in June 2022. The meetings are set to be held in the Red Sea resort city of Sharm el Sheikh. Meanwhile, the IsDB has ....

  • Maait: Presidential directives to support strategic industries locally

    Date: 2021-12-21 12:55:29 GMT - Egypt - Economy - SN:44 - ID:9329820

    CAIRO, Dec 21 (MENA) - There are presidential directives to study and approve stimulatory packages to support strategic industries locally in a way that contributes to magnifying productive capabilities and increasing exports to world markets, said ....

  • Expats’ remittances increased 1.5% in first quarter of 21/22 FY – CBE

    Date: 2021-12-21 12:33:24 GMT - Egypt - Economy - SN:48 - ID:9329930

    CAIRO, Dec 21 (MENA) – The Central Bank of Egypt (CBE) said Tuesday that remittances of Egyptians working abroad increased 1.5% on yearly basis in the first quarter of the fiscal year 2021/2022, recording dlrs 8.1 billion compared with dlrs 8 ....

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