Economy

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  • Category : Economy
  • Gov't investments in electricity, transport, housing sectors reach EGP 464 bln - min.

    Date: 2021-06-14 17:01:25 GMT - Egypt - Economy - SN:73 - ID:9010196

    CAIRO, June 14 (MENA) - Planning and Economic Development Minister Hala el Saeed said investments in the electricity sector, in fiscal year of 2021/22, that reach EGP 43 billion, are set to be used to establish many projects. During her ....

  • Egypt's agriculture exports rose to over 3.5 million tons in 2021

    Date: 2021-06-14 16:43:31 GMT - Egypt - Economy - SN:68 - ID:9009851

    CAIRO, June 14 (MENA) - Egypt’s agriculture exports rose to over 3.5 million tons from January 1 until June 9, 2021, announced Agriculture and Land Reclamation Minister El Sayed El Quseir on Monday. This is about 400,000 tons up, compared to the ....

  • IT minister: We are keen on upgrading creative national solutions

    Date: 2021-06-14 16:42:58 GMT - Egypt - Economy - SN:67 - ID:9009860

    CAIRO, June 14 (MENA) - Egypt is seeking to stimulate innovative thought and digital creation, as part of the country's digital transformation strategy, Minister of Communications and Information Technology Amr Talaat confirmed. Talaat's remarks ....

  • Araby: 1,300 Egyptian projects in Saudi Arabia

    Date: 2021-06-14 16:38:00 GMT - Egypt - Economy - SN:65 - ID:9009837

    CAIRO, June 14 (MENA) - Head of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ibrahim El Araby said on Monday that the volume of Egyptian projects in Saudi Arabia has reached 1,300 with investments exceeding 2.5 billion dollars including ....

  • ITIDA head: Five-year strategy for IT innovation, outsourcing

    Date: 2021-06-14 16:37:00 GMT - Egypt - Economy - SN:64 - ID:9009844

    CAIRO, June 14 (MENA) - CEO of the Information Technology Industry Development Agency (ITIDA) Amr Mahfouz on Monday said the agency is acting to devise a five-year strategy for the sectors of IT innovation, entrepreneurship and outsourcing ....

  • Franklin Templeton: Egyptian economy continues growth

    Date: 2021-06-14 16:07:29 GMT - United Arab Emirates - Economy - SN:60 - ID:9010030

    DUBAI, June 14 (MENA) - Franklin Templeton, a global leader in asset management with more than seven decades of experience, asserted the Egyptian economy had been successful in achieving growth rates despite sharp reduction in most economies ....

  • Egyptian-Saudi business council: New Saudi investments to be pumped in Egyptian markets

    Date: 2021-06-14 15:20:33 GMT - Egypt - Economy - SN:55 - ID:9009624

    CAIRO, June 14 (MENA) - Head of the Egyptian side to the Egyptian-Saudi Business Council Abdel Hamid Abu Moussa said the council seeks to increase the participation of the private sector in the national mega projects and enter into joint industrial ....

  • FEI chairman calls for benefitting from coronavirus period to foster Egyptian-Saudi cooperation

    Date: 2021-06-14 15:11:33 GMT - Egypt - Economy - SN:53 - ID:9009690

    CAIRO, June 14 (MENA) - Mohamed Al Sweedy, chairman of the Federation of Egyptian Industries (FEI), called on Monday for benefiting from the coronavirus period in bolstering the Egyptian-Saudi cooperation. Addressing the meetings of the ....

  • Bourse indexes show mixed performance

    Date: 2021-06-14 13:56:01 GMT - Egypt - Economy - SN:43 - ID:9009825

    CAIRO, June 14 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of trading on Monday amid selling operations by Arab individuals and local investment funds and purchases by Egyptian individuals and foreign ....

  • Egypt's poverty rate declined from 32.5% to 29.7% - minister

    Date: 2021-06-14 13:54:33 GMT - Egypt - Economy - SN:42 - ID:9009441

    CAIRO, June 14 (MENA) - Planning Minister Hala el Saeed said on Monday the poverty rates are being measured in accordance with global standards. Delivering a speech before a plenary session of the House of Representatives, headed by Hanafy Gebaly, ....

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