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Economy
- Service : English General
- Category : Economy
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Government commits to reschedule repayment for int'l companies in nation's petroleum sector
Date: 2024-07-15 19:55:57 GMT - Egypt - Economy - SN:60 - ID:10787033
CAIRO, July 15 (MENA) - Minister of Petroleum and Mineral Resources Kareem Badawi underscored the Egyptian government's commitment to rescheduling payment for international companies engaged in the nation's petroleum sector, highlighting the ....
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Egypt receives 5 LNG shipments out of 21 contracted cargoes to meet power stations' needs: EGAS
Date: 2024-07-15 18:04:02 GMT - Egypt - Economy - SN:54 - ID:10787030
CAIRO, July 15 (MENA) - Egypt has received five international shipments of liquified natural gas out of 21 contracted cargoes as part of the country's urgent plan to provide for the needs of power plants, said the state-owned Egyptian Natural Gas ....
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IT minister to par'lt: Priority given to expanding AI applications, digital innovation
Date: 2024-07-15 17:08:57 GMT - Egypt - Economy - SN:48 - ID:10786791
CAIRO, July 15 (MENA) - Minister of Communications and Information Technology Amr Talaat asserted his ministry is prioritizing expansions in Artificial intelligence (AI) applications and works to establish quality digital infrastructure and digital ....
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Dollar exchange rate declines at end of Monday's transactions
Date: 2024-07-15 15:25:47 GMT - Egypt - Economy - SN:40 - ID:10786692
CAIRO, July 15 (MENA) - The dollar exchange rate inched down to be traded at EGP 47.75 for buying and EGP 47.85 for selling during Monday's transactions at Egypt's major banks. At Banque Misr, the dollar rate registered EGP 47.84 for buying and ....
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Egypt's bourse shows mixed performance at close of Monday's trading
Date: 2024-07-15 14:55:28 GMT - Egypt - Economy - SN:39 - ID:10786748
CAIRO, July 15 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Monday's trading. The market is awaiting the results of a meeting of the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) to ....
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PM chairs 1st meeting of Ministerial Group for Industrial Development
Date: 2024-07-15 14:10:40 GMT - Egypt - Economy - SN:35 - ID:10786595
CAIRO, July 15 (MENA) - Prime Minister Mostafa Madbouli asserted the Ministerial Group for Industrial Development is getting a greater interest as President Abdel Fattah El Sisi is prioritizing the nation's industry file. Madbouli pointed out to ....
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PM: We could solve housing problem for nearly 7.5 million citizens in short period 2 last Cairo
Date: 2024-07-15 11:46:04 GMT - Egypt - Economy - SN:25 - ID:10786141
Prime Minister Mostafa Madbouli said the state acted to provide residential units for all segments in Egypt. In a word following handing over title deeds to the beneficiaries of the project, Madbouli said the venture includes 100,000 housing ....
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Cooperation agreement signed between Benha Electronics Co., France's Thales
Date: 2024-07-15 10:31:10 GMT - Egypt - Economy - SN:21 - ID:10786189
CAIRO, July 15 (MENA) - Minister of State for Military Production Mohamed Salah Eddin Mostafa attended on Monday the signing of a cooperation agreement between Benha Electronics Co. (Military Factory 144) and French company Thales. The signing ....
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Egypt targets gold production of 800,000 ounces in 2030, says minister
Date: 2024-07-14 20:59:13 GMT - Egypt - Economy - SN:78 - ID:10785538
CAIRO, July 14 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi said the volume of Egypt’s gold production in the 2023-2024 fiscal year reached 559,000 ounces, noting that the country aims to increase it to 800,000 ounces in ....
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Foundation stone laid for $70m Chinese textile factory in Ismailia: SCZONE
Date: 2024-07-14 20:14:43 GMT - Egypt - Economy - SN:75 - ID:10785537
ISMAILIA, Egypt, July 14 (MENA) - The Suez Canal Economic Zone (SCZONE) said the 'Zhejiang Hengsheng' Chinese company, involved in dyeing, processing, and printing fabrics and textiles, laid the foundation stone of new factory on a land affiliated ....
