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Economy
- Service : English General
- Category : Economy
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Petroleum Ministry: Petroleum sector's companies not affected by global cyber outage
Date: 2024-07-19 13:06:15 GMT - Egypt - Economy - SN:34 - ID:10792767
CAIRO, July 19 ( MENA) - The Ministry of Petroleum and Mineral Resources said all operations and management systems of petroleum sector companies and oil and gas facilities are operating efficiently and stably, in light of Microsoft’s announcement ....
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Petroleum Ministry: Drilling new well in Western Desert to produce 2,300 barrels of crude oil per day
Date: 2024-07-19 12:29:14 GMT - Egypt - Economy - SN:33 - ID:10792630
CAIRO, July 19 (MENA) - The Ministry of Petroleum and Mineral Resources said Khalda Petroleum Company is using the latest land drilling techniques to carry out the drilling work of the production well, Never-West 16, as production rates are targeted ....
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Egypt, EU mull enforcement of mechanism on investment guarantees worth 1.8b euros
Date: 2024-07-19 09:58:44 GMT - Egypt - Economy - SN:24 - ID:10792382
CAIRO, July 19 (MENA) – Rania Al-Mashat, Minister of Planning and Economic Development, had a meeting with Simon Mordue, Deputy Secretary General of the European External Action Service (EEAS), to discuss means to enforce a mechanism of investment ....
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Egypt, Norway mull expanding investments
Date: 2024-07-18 17:34:04 GMT - Egypt - Economy - SN:74 - ID:10791661
CAIRO, July 18 (MENA) - Minister of Public Business Sector Mohamed Shimi met Thursday with Norwegian Ambassador in Cairo Hilde Klemetsdal. Their talks focused on enhancing cooperation between the Public Business Sector Ministry's affiliated ....
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CBE keeps key interest rates unchanged
Date: 2024-07-18 17:11:42 GMT - Egypt - Economy - SN:70 - ID:10791950
CAIRO, July 18 (MENA) - In its meeting on Thursday, the Central Bank of Egypt’s Monetary Policy Committee (MPC) decided to keep the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 27.25 percent, ....
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Dollar exchange rate hits roughly EGP 48 in banks
Date: 2024-07-18 15:46:56 GMT - Egypt - Economy - SN:57 - ID:10791736
CAIRO, July 18 (MENA) - The dollar exchange rate hit EGP 48 for buying and EGP 48.10 for selling during Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar rate registered EGP 48.20 for buying and EGP ....
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Bourse gains EGP 21 bn, all indexes up
Date: 2024-07-18 15:43:50 GMT - Egypt - Economy - SN:56 - ID:10791734
CAIRO, July 18 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by strong purchases by institutions and local investment funds. The market capital gained about EGP 21 billion to ....
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SCA head says Suez Canal contributes to stabilizing global supply chains
Date: 2024-07-18 15:01:49 GMT - Egypt - Economy - SN:51 - ID:10791659
ISMAILIA, Egypt, July 18 (MENA) - Chairman of the Suez Canal Authority (SCA) Osama Rabie said the Suez Canal mainly contributes to stabilizing and sustaining global supply chains that currently see disruption due to the tensions in the Red Sea ....
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Egypt, France cooperate for latest air navigation systems technology
Date: 2024-07-18 14:57:01 GMT - Egypt - Economy - SN:50 - ID:10791627
CAIRO, July 18 (MENA) - Civil Aviation Minister Sameh el Hefny said on Thursday cooperation with France's Thales Group comes as part of his ministry's plan to cope up with the latest technologies used in air navigation systems. Such a cooperation ....
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Sisi directs offering necessary facilities to lure investments to SCZone
Date: 2024-07-18 11:13:03 GMT - Egypt - Economy - SN:31 - ID:10791321
CAIRO, July 18 (MENA) - President Abdel Fattah El Sisi directed on Thursday offering necessary facilities to lure investments to the General Authority For Suez Canal Economic Zone (SCZone) and ironing out administrative hurdles to investors. He ....
