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Economy
- Service : English General
- Category : Economy
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Egypt’s budget deficit drops 3.2% of GDP in five months
Date: 2024-12-31 19:46:14 GMT - Egypt - Economy - SN:40 - ID:11011582
CAIRO, Dec 31 (MENA) – The Ministry of Finance announced that Egypt's budget deficit dropped 3.2% of GDP during the first five months of the 2024/2025 fiscal year (July–November). In a statement, the ministry indicated that the deficit decreased ....
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Egypt’s GDP grows 3.5% in Q1 of FY 2024/2025
Date: 2024-12-31 18:46:29 GMT - Egypt - Economy - SN:35 - ID:11011598
CAIRO, Dec 31 (MENA) – The Ministry of Planning, Economic Development and International Cooperation announced that Egypt's GDP grew by 3.5% during the first quarter of the 2024/2025 fiscal year, up from 2.7% in the same period last year. The ....
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International Business Magazine names AMF "Most Innovative Company in Egypt for 2024"
Date: 2024-12-31 15:46:47 GMT - Egypt - Economy - SN:28 - ID:11011451
CAIRO, Dec 31 (MENA) - Al-Ahly Mortgage Finance (AMF), a subsidiary of the National Bank of Egypt, was named as the "Most Innovative Company in Egypt for 2024" by the International Business Magazine. This prestigious award recognizes AMF's ....
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Egyptian bourse gains EGP 30bln at last trading in 2024
Date: 2024-12-31 14:29:47 GMT - Egypt - Economy - SN:21 - ID:11011212
CAIRO, Dec 31 (MENA) - The Egyptian Exchange (EGX) indexes went up Tuesday at the last trading session in 2024. The capital market trading recorded nearly EGP 30 billion. The EGX 30 benchmark index increased 1.42% to reach 29,740.57 ....
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Sisi orders coordination between CBE, finance ministry on monetary policies
Date: 2024-12-31 13:43:45 GMT - Egypt - Economy - SN:20 - ID:11011261
CAIRO, Dec 31 (MENA) - President Abdel Fattah El Sisi has stressed the importance of continued coordination between the Central Bank of Egypt (CBE) and the Ministry of Finance on monetary policies to support stability of the country's economy, curb ....
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Khatib probes means to increase customs clearance operations, improve logistics service
Date: 2024-12-31 09:53:25 GMT - Egypt - Economy - SN:12 - ID:11010904
CAIRO, Dec 31 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib has expressed the state's keenness on improving customs clearance system to facilitate the missions of businessmen and foreign trade activities with Egypt. His ....
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14,000 tons of goods handled at Red Sea ports
Date: 2024-12-31 07:56:37 GMT - Egypt - Economy - SN:10 - ID:11010713
HURGHADA, Egypt, Dec 31 (MENA) - About 14,000 tons of goods were handled at the different Red Sea harbors on Tuesday, according to the Red Sea Ports Authority (RSPA). In a statement, the RSPA said imports included 3,000 tons of goods, 426 trucks ....
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Electricity minister discusses cooperation with Sudanese oil minister
Date: 2024-12-30 18:17:18 GMT - Egypt - Economy - SN:36 - ID:11010358
CAIRO, Dec 30 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat discussed with Sudanese Minister of Energy and Oil Mohi-Eddin Naeem ways of supporting and boosting partnerships and cooperation in the fields of electricity and ....
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FDA, EGX announce January 1 a day off
Date: 2024-12-30 18:11:31 GMT - Egypt - Economy - SN:35 - ID:11010383
CAIRO, Dec 30 (MENA) - The Financial Regulatory Authority (FRA) announced that January 1, 2025 will be a holiday on the occasion of the end of the fiscal year. In a statement, the FRA said that regular operations will resume on Thursday, January ....
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Henkel to strengthen presence in Egypt as a global export hub
Date: 2024-12-30 17:56:25 GMT - Egypt - Economy - SN:34 - ID:11010247
CAIRO, Dec 30 (MENA) – Roland Haefs, Executive Vice President of Henkel’s Global Business Solutions (GBS+), unveiled the company’s plans to enhance its presence in Egypt, aiming to transform the country into a hub for exporting products, solutions, ....
