Economy

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  • Category : Economy
  • CAPMAS: Egyptian-Jordanian trade exchange hits dlrs864m in 2023

    Date: 2024-06-11 14:29:43 GMT - Egypt - Economy - SN:55 - ID:10744189

    CAIRO, June 11 (MENA) – The volume of trade exchange between Egypt and Jordan reached dlrs864 million in 2023 against dlrs990 million in 2022. In a statement on Tuesday, the Central Agency for Public Mobilization and Statistics (CAPMAS) said that ....

  • NDB: Egypt joining NDB enhances prospects of cooperation with developing countries

    Date: 2024-06-11 13:46:07 GMT - Egypt - Economy - SN:44 - ID:10743953

    CAIRO, June 11 (MENA) - President of the New Development Bank President (NDB) Dilma Rousseff said having Egypt joined the bank enhances the NDP's main aspects of the Bank's planning concept meant to focus on promoting cooperation with developing ....

  • EFG Hermes Beyout Investment Group’s deal completes on Kuwait Stock Exchange for USD 147M

    Date: 2024-06-11 13:26:51 GMT - Egypt - Economy - SN:42 - ID:10743947

    CAIRO, June 11 (MENA) – EFG Hermes completed advisory on Beyout Investment Group’s USD 147 Million Listing on Boursa Kuwait’s Premier Market. EFG Hermes was appointed as the Joint Global Coordinator and Joint Bookrunner for Beyout Investment ....

  • Maait: EGP 822bn surplus in state budget in 11 months

    Date: 2024-06-11 13:25:58 GMT - Egypt - Economy - SN:41 - ID:10744015

    CAIRO, June 11 (MENA) - Finance Minister Mohamed Maait said the primary surplus of the state budget from July 2023 to May 2024 stood at EGP 822 billion, representing 5.87 percent of the Gross Domestic Product (GDP) instead of 1.15 percent in the ....

  • Petroleum min., Japanese amb. discuss arrangements for Arab-Japan Economic Forum

    Date: 2024-06-11 12:40:47 GMT - Egypt - Economy - SN:34 - ID:10743710

    CAIRO, June 11 (MENA) - Minister of Petroleum and Mineral Resources, Tarek el-Molla discussed with Japanese ambassador in Cairo Oka Hiroshi ongoing arrangements for Arab-Japan Economic Forum, set for the Japanese capital, Tokyo, on July 10. In ....

  • Transport minister: Full-fledged plan to support transport industry locally under Sisi's directives

    Date: 2024-06-11 12:40:00 GMT - Egypt - Economy - SN:33 - ID:10743652

    ASWAN, Egypt, June 11 (MENA) - Egypt is implementing a full-fledged plan to support transport industry locally in line with the directives of President Abdel Fattah El Sisi, said Minister of Transport Kamel El Wazir Tuesday. During a tour to ....

  • Egypt's food exports rise to dlrs 2.1 bn in first four months of 2024 - report

    Date: 2024-06-11 12:04:15 GMT - Egypt - Economy - SN:30 - ID:10743605

    CAIRO, June 11 (MENA) - The Food Export Council said exports of the Egyptian food industry increased by 34 percent in the first four months of 2024, recording 2.1 billion dollars against 1.6 billion dollars in the corresponding period in 2023. In ....

  • PM: NDB seminar key opportunity for highlighting Egypt's development efforts

    Date: 2024-06-11 11:54:04 GMT - Egypt - Economy - SN:28 - ID:10743543

    NEW ADMINSTRATIVE CAPITAL, Egypt, June 11 (MENA) - Prime Minister Moustafa Madbouli said that the inaugural seminar of the New Development Bank (NDB) represents a key opportunity to highlight Egypt's development initiatives and efforts. He added ....

  • NDB President: Egypt plays key role in int'l economy

    Date: 2024-06-11 11:52:26 GMT - Egypt - Economy - SN:26 - ID:10743732

    CAIRO, June 11 (MENA) - Dilma Rousseff, the President of the New Development Bank (NDB), pointed out that Egypt, with its geographical location, acts as a gateway between Asia and Africa and is a crucial corridor for global trade, underscoring its ....

  • Mashat: Egypt is keen on diversifying its economic relations with development partners, various multilateral development banks

    Date: 2024-06-11 10:57:29 GMT - Egypt - Economy - SN:24 - ID:10743602

    CAIRO, June 11 (MENA) - Minister of International Cooperation Rania el Mashat underlined that Egypt is keen on diversifying its economic relations with development partners, various multilateral development banks. Mashat made the remarks during ....

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