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Economy
- Service : English General
- Category : Economy
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ESFA okays offer by MENA Glass Holdings to acquire a 40.76% stake in MEGM
Date: 2024-07-22 18:53:21 GMT - Egypt - Economy - SN:65 - ID:10797501
CAIRO, July 22 (MENA) - The Egyptian Financial Supervisory Authority (ESFA) has given its approval for publishing an offer submitted by MENA Glass Holdings Limited to acquire a 40.76 % stake in the Middle East Glass Manufacturing Co SAE ....
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Local development min. discusses cooperation with UN Resident Coordinator in Egypt
Date: 2024-07-22 18:28:17 GMT - Egypt - Economy - SN:62 - ID:10797170
CAIRO, July22 (MENA) – Local Development Minister Manal Awad commended the longstanding partnership between her ministry and all United Nations agencies in Cairo. This collaboration has supported various local development efforts, resulting in ....
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Petroleum min.: Apache company plans to increase production, ramp up explorations in Western Desert
Date: 2024-07-22 16:35:22 GMT - Egypt - Economy - SN:50 - ID:10796821
CAIRO, July 22 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi praised the ongoing cooperation between the petroleum sector and American oil company, Apache, in the light of the oil sector's focus on increasing production ....
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ESA discusses space technology cooperation with Singapore
Date: 2024-07-22 15:00:52 GMT - Egypt - Economy - SN:43 - ID:10796988
CAIRO, July 22 (MENA) - CEO of the Egyptian Space Agency (ESA) Sherif Sedki has stressed the importance of increasing international space technology partnerships in a way contributing to supporting local and international capabilities and opening ....
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Dollar exchange rate hits EGP 48.32 for buying, EGP 48.42 for selling in NBE
Date: 2024-07-22 14:40:51 GMT - Egypt - Economy - SN:42 - ID:10797169
CAIRO, July 22 (MENA) - The dollar exchange rate hit EGP 48.32 for buying and EGP 48.42 for selling during transactions at the National Bank of Egypt (NBE) on Monday. The euro price registered EGP 52.56 for buying and EGP 52.78 for ....
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Electricity min.: Egyptian-Saudi electrical linkage project to be ready for operational phase early next summer
Date: 2024-07-22 14:39:00 GMT - Egypt - Economy - SN:41 - ID:10796931
CAIRO, July 22 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat confirmed the electrical linkage project between Egypt and Saudi Arabia is receiving great support from the Saudi kingdom, highlighting that work on its ....
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CBE says Egypt's foreign debt registers largest decline since December 2023
Date: 2024-07-22 13:58:32 GMT - Egypt - Economy - SN:37 - ID:10796965
CAIRO, July 22 (MENA) - A high-profile source of the Central Bank of Egypt (CBE) said that Egypt's foreign debt declined to register USD 153.86 billion in May 2024, compared to USD 168.03 billion in December 2023, marking a decrease of USD 14.17 ....
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Bourse posts gains amounting to EGP 12 bln, all indexes up
Date: 2024-07-22 12:52:50 GMT - Egypt - Economy - SN:33 - ID:10796914
CAIRO, July 22 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by purchases by Egyptian, Arab and foreign institutions and investment funds, as well as Arab investors. The session ....
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Mashat: NIB is important economic, investment arm for state
Date: 2024-07-22 11:54:19 GMT - Egypt - Economy - SN:28 - ID:10796642
CAIRO, July 22 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat underscored the importance of tireless efforts exerted by the National Investment Bank (NIB) to achieve its message toward the ....
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Industry minister: Comprehensive plan to develop industry sector
Date: 2024-07-22 09:56:39 GMT - Egypt - Economy - SN:17 - ID:10796509
CAIRO, July 22 (MENA) - Deputy Prime Minister for industrial development and Minister of Industry and Transport Kamel El Wazir has stressed the importance of cooperation with all parties to carry out an all-out plan to develop the industry sector ....
