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Economy
- Service : English General
- Category : Economy
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NAC chairman says profit achieved in 2023 amounts to EGP 27bn
Date: 2024-06-12 15:49:09 GMT - Egypt - Economy - SN:48 - ID:10745848
CAIRO, June 12 (MENA) - Board Chairman of the New Administrative Capital (NAC) Khaled Abbas said Wednesday that the company made 27 billion pounds in profit during the fiscal year 2023. In statements to MENA, Abbas underscored an increase in ....
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Strategic stockpile of sugar sufficient till March - EFI
Date: 2024-06-12 15:36:41 GMT - Egypt - Economy - SN:47 - ID:10746196
CAIRO, June 12 (MENA) - Sugar Division at the Egyptian Federation of Industries (EFI) stressed on Wednesday that the country's strategic stockpiles of sugar are sufficient till March due to big sugarcane and sugar beets production. Speaking to ....
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Bourse posts collective gains at end of Wednesday transactions
Date: 2024-06-12 15:24:04 GMT - Egypt - Economy - SN:46 - ID:10746167
CAIRO, June 12 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Wednesday trading session, backed by purchases by local institutions and investment funds, against sales by Arab and foreign institutions, as well as ....
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PM attends inking of deal between RSPA, AD Ports
Date: 2024-06-12 14:38:13 GMT - Egypt - Economy - SN:44 - ID:10745860
CAIRO, June 12 (MENA) – Prime Minister Moustafa Madbouli attended Wednesday the inking ceremony of a final contract between the Red Sea Ports Authority (RSPA) and Abu Dhabi Ports Group to build, develop, manage, operate, market, maintain and ....
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GAFI: Egypt adopted sound economic policies to improve investment process
Date: 2024-06-12 14:11:16 GMT - Egypt - Economy - SN:42 - ID:10745863
CAIRO, June 12 (MENA) – CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Wednesday that Egypt succeeded in adopting economic policies aimed at improving investments and encouraging the private sector to participate ....
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Transport min.: State spent EGP 2 trln for developing transportation infrastructure
Date: 2024-06-12 13:45:28 GMT - Egypt - Economy - SN:41 - ID:10745856
CAIRO, June 12 (MENA) - Transport Minister Kamel Wazir said the state spent over EGP 2 trillion on developing the infrastructure of the transport sector. He made the remarks on Wednesday during a press conference on inking contracts of projects ....
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PM stresses imp. of settling industries of electronic chips, semiconductors
Date: 2024-06-12 12:00:51 GMT - Egypt - Economy - SN:33 - ID:10745392
CAIRO, June 12 (MENA) – Prime Minister Moustafa Madbouli said Wednesday that Egypt, a country rich in mineral wealth, is seeking to maximize the value-added through industries, such as electronic chips and semiconductors. Settling such industries ....
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SCZone head: Cooperation opportunities between SCZone, BRICS
Date: 2024-06-12 11:37:01 GMT - Egypt - Economy - SN:31 - ID:10745389
CAIRO, June 12 (MENA) - Waleid Gamal El-Dien, the Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), said there are cooperation opportunities between the economic zone and business communities in the BRICS countries. He ....
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EGP 17.3 bln general investments directed to Matrouh governorate in 2023/2024 plan: Planning min.
Date: 2024-06-12 09:04:56 GMT - Egypt - Economy - SN:20 - ID:10745104
CAIRO, June 12 (MENA) - Planning Minister Hala el Saeed said that a number of developmental projects for Matrouh governorate reaches 216, adding that value of general investments directed to the governorate in 2023/2024 plan is EGP 17.3 billion with ....
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African ambassadors’ visit to 6th of October Industrial Zone opens new horizons for coop., investment – Official
Date: 2024-06-11 21:39:53 GMT - Egypt - Economy - SN:94 - ID:10744855
CAIRO, June 11 (MENA) – Sherief El Gabaly, president of the African cooperation committee of the Federation of Egyptian Industries (FEI), has lauded the organization of the first field visit of African ambassadors for 6th of October Industrial ....
