Economy
- Service : English General
- Category : Economy
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PM follows up gov't new & renewable energy investment plan
Date: 2024-09-17 18:28:02 GMT - Egypt - Economy - SN:50 - ID:10874578
CAIRO, Sept 17 (MENA) - Prime Minister Mostafa Madbouli said he is following up the government's measures to introduce the largest amount of new and renewable energy into the national power grid during 2025. Madbouli made the remarks during a ....
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Finance ministry auctions treasury bills, bonds worth EGP 61.25 bln
Date: 2024-09-17 14:55:45 GMT - Egypt - Economy - SN:40 - ID:10874333
CAIRO, Sept 17 (MENA) - The Ministry of Finance has auctioned treasury bills and bonds at a total value of EGP 61.25 billion. In a statement released on Tuesday, the ministry said 91-day and 273-day T-bills with average yields of 29.725% and ....
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Dollar exchange rate hits EGP 48.46 at NBE, Banque Misr at end of Tuesday's transactions
Date: 2024-09-17 14:23:15 GMT - Egypt - Economy - SN:37 - ID:10874332
CAIRO, Sept 17 (MENA) - The dollar exchange rate hit EGP 48.36 for buying and EGP 48.46 for selling at the National Bank of Egypt (NBE) and Banque Misr at Egypt's major banks at the end of Tuesday's transactions. The euro price registered EGP ....
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All EGX indices down, benchmark falls 0.33 pct
Date: 2024-09-17 13:55:23 GMT - Egypt - Economy - SN:34 - ID:10874331
CAIRO, Sept 17 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Tuesday's trading, amid sales by local and Arab institutions and investment funds as well as foreign investors. Meanwhile, purchases prevailed in ....
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‘We seek to keep pace with latest technologies in military, civilian manufacturing: official
Date: 2024-09-17 13:48:51 GMT - Egypt - Economy - SN:30 - ID:10874191
CAIRO, Sept 17 (MENA) – Chairman of the Board of Directors of armored vehicles production and repair factory (Military Factory 200) Wafiq Magdy Shafiq said the coming period will witness a strong start for the factory to achieve the best performance ....
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Electricity minister hails nuclear cooperation with Hungary
Date: 2024-09-17 13:48:10 GMT - Egypt - Economy - SN:29 - ID:10874017
CAIRO, Sept 17 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat said on Tuesday the model of the Hungarian nuclear plant is similar to the Dabaa nuclear power plant being carried out in Egypt. The minister was commenting on a ....
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UK sees huge potential in future trade, investment with Egypt
Date: 2024-09-17 13:47:51 GMT - United Kingdom - Economy - SN:28 - ID:10874189
LONDON, Sept 17 (MENA) - The United Kingdom has renewed its commitment to a growing and prosperous trade and investment partnership with Egypt, especially in the fields of renewable energy, tourism and infrastructure. The British Ambassador to ....
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Agriculture minister: Egypt to export onion to Costa Rica
Date: 2024-09-17 11:58:50 GMT - Egypt - Economy - SN:25 - ID:10873973
CAIRO, Sept 17 (MENA) - Minister of Agriculture and Land Reclamation Alaa Farouk said on Tuesday that Costa Rica decided to open its markets before Egyptian fresh onion. He said the decision is part of the state efforts to open new markets to ....
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Gov't went long way in implementing comprehensive economic reform plan: Investment min.
Date: 2024-09-17 11:48:50 GMT - Egypt - Economy - SN:22 - ID:10873862
CAIRO, Sept 17 (MENA) – Minister of Investment and Foreign Trade Hassan el Khatib asserted that the Egyptian government went a long way in implementing the comprehensive economic reform plan via applying an economic roadmap that includes urgent ....
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AOI Chief: We focus on localizing industries, promoting "Made in Egypt" slogan
Date: 2024-09-17 09:22:42 GMT - Egypt - Economy - SN:16 - ID:10873710
CAIRO, Sept 17 (MENA) - Chairman of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif emphasized on Tuesday the authority's vital role for the state's economy. Abdel Latif cited the AOI's keenness on localizing industries in ....