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Economy
- Service : English General
- Category : Economy
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Gov't denies SCZONE intention to borrow EGP 19 bln for ports' development
Date: 2024-08-20 19:02:29 GMT - Egypt - Economy - SN:52 - ID:10837433
CAIRO, Aug 20 (MENA) - The cabinet's media center has denied reports claiming the General Authority of the Suez Canal Economic Zone (SCZONE) intends to borrow EGP 19 billion under a 13-year loan agreement for completing port development ....
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Egyptian-Saudi coordination to start power linkage by beginning of next summer: Electricity min.
Date: 2024-08-20 14:29:09 GMT - Egypt - Economy - SN:37 - ID:10837121
CAIRO, Aug 20 (MENA) – There is an Egyptian-Saudi agreement on the necessity of operating the power linkage lines between Egypt and Saudi Arabia by the beginning of next summer, said Minister of Electricity and Renewable Energy Mahmoud ....
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Petroleum minister says coming phase to witness incentive packages to increase oil production
Date: 2024-08-20 13:33:02 GMT - Egypt - Economy - SN:34 - ID:10837005
CAIRO, Aug 20 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi has said the coming phase would witness packages of incentives to increase the production of oil and natural gas. The minister's statements came during a meeting with ....
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Bourse indices up at closing of Tuesday's trading
Date: 2024-08-20 12:36:47 GMT - Egypt - Economy - SN:31 - ID:10836911
CAIRO, Aug 20 (MENA) - Egyptian Stock Exchange indices recorded collective increases at the closing of Tuesday's trading session, affected by purchase operations by institutions and Egyptian investment funds. The market capital gained about EGP ....
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Ministers of military production, agriculture follow up developments of joint national, developmental projects
Date: 2024-08-20 11:06:34 GMT - Egypt - Economy - SN:25 - ID:10836550
CAIRO, Aug 20 (MENA) – Minister of Military Production Mohamed Salaheldin Moustafa asserted that the project of renovating the Zoo and linking it with Orman Garden is a national project that contributes to boosting biological diversity and ....
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SCZONE denies rumors on plan to borrow EGP 19 billion
Date: 2024-08-20 10:18:49 GMT - Egypt - Economy - SN:23 - ID:10836469
CAIRO, Aug 20 (MENA) - General Authority for Suez Canal Economic Zone (SCZONE) denied rumors on its plan to borrow EGP 19 billion for a 13-year duration to continue the ports renovation projects. In a statement on Tuesday, the SCZONE said that ....
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Wazir: Egyptian market has all potentials to develop automotive industry
Date: 2024-08-20 10:10:19 GMT - Egypt - Economy - SN:21 - ID:10836336
CAIRO, Aug 20 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir said the Egypt market has all potentials that enables it to develop strong automotive industry, in addition to the presence ....
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Global (1): Flutterwave Enables its Online Merchants in Nigeria to Accept American Express Payments
Date: 2024-08-20 09:52:30 GMT - Nigeria - Economy - SN:20 - ID:10836490
Dear subscribers, the following is a global bulletin published for PRNewswire: =================================================================== LAGOS, Nigeria, Aug. 20, 2024 /PRNewswire/ -- Flutterwave, Africa's leading payments ....
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CBE hosts training course on big data, AI applications
Date: 2024-08-20 09:44:42 GMT - Egypt - Economy - SN:19 - ID:10836379
CAIRO, Aug 20 (MENA) – The Central Bank of Egypt (CBE) is, for the second year in a row, hosting a training course in collaboration with the COMESA Monetary Institute (CMI) on “Applications of Big Data Analysis and Artificial Intelligence to Central ....
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Investments of ExxonMobil in North Marakia seismic exploration hit $90mn
Date: 2024-08-20 09:32:18 GMT - Egypt - Economy - SN:16 - ID:10836199
CAIRO, Aug 20 (MENA) - ExxonMobil said on Tuesday that it spent 90 million dollars on seismic exploration operations in 15 kilometers of its concession area in North Marakia Offshore block, western the Mediterranean. ExxonMobil Egypt, a market ....
