Economy

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  • Category : Economy
  • Egypt, IMF discuss mechanisms for developing National Accounts System

    Date: 2024-08-08 12:07:44 GMT - Egypt - Economy - SN:24 - ID:10820737

    CAIRO, Aug 8 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat on Thursday discussed in a virtual meeting with Elirjeta Pepaj, the regional advisor on national accounts and price statistics at the ....

  • EGP1.9b to support exporters under immediate cash payment initiative- Min.

    Date: 2024-08-08 09:35:39 GMT - Egypt - Economy - SN:14 - ID:10820589

    CAIRO, Aug 8 (MENA) – Finance Minister Ahmed Kouchouk said Thursday a new EGP1.9-billion tranche is set to be given for 560 exporting companies under the seventh phase of the immediate cash payment initiative meant to support exporters. The ....

  • Petroleum min., Vaalco Energy mull ways to increase production in Eastern, Western Desert

    Date: 2024-08-08 08:50:36 GMT - Egypt - Economy - SN:12 - ID:10820585

    CAIRO, Aug 8 (MENA) – Petroleum Minister Karim Badawy has discussed with the US VAALCO Energy corporation its plans and programs to increase oil and natural gas production in the Eastern and Western Desert. The minister on Thursday received a ....

  • CAPMAS: Monthly inflation rate down in July 2024

    Date: 2024-08-08 08:43:27 GMT - Egypt - Economy - SN:11 - ID:10820630

    CAIRO, Aug 8 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the inflation rate recorded 0.5 percent at 226.7 points in July 2024, down from 1.8 in June 2024. In a press release on Thursday, CAPMAS referred ....

  • PM: Ministerial economic group to draw up policies to curb inflation, ease price pressures

    Date: 2024-08-07 19:27:48 GMT - Egypt - Economy - SN:71 - ID:10820144

    NEW ALAMEIN, Aug 7 (MENA) - Prime Minister Mostafa Madbouli said the cabinet's Ministerial Economic Group (MEG) puts inflation on top of agenda by adopting a set of policies to curb it in such a manner that helps ease price pressures on ....

  • Housing Ministry, global Siemens in talks over smart systems in new cities

    Date: 2024-08-07 18:34:31 GMT - Egypt - Economy - SN:66 - ID:10819129

    CAIRO, Aug 7 (MENA) - Deputy Housing Minister Sayed Ismail underlined the importance of holding coordinating meetings to secure the ministry's goals in using smart systems and sustainable solutions in order to offer high-quality services in the new ....

  • Beltone: Egypt has sufficient cash reserves to cover financing needs

    Date: 2024-08-07 16:28:57 GMT - Egypt - Economy - SN:57 - ID:10820044

    CAIRO, Aug (MENA) - Beltone Holding Company said on Wednesday that Egypt has cash reserves enough to cover its financing needs that are estimated at 39 billion dollars in the coming fiscal year with total inflows worth 33 billion dollars. In a ....

  • Egypt seeks to implement oil, gas projects in Iraq

    Date: 2024-08-07 14:59:23 GMT - Egypt - Economy - SN:53 - ID:10819776

    CAIRO, Aug 7 (MENA) - Petroleum Minister Karim Badawy met Wednesday with newly appointed Iraqi Ambassador in Cairo Qahtan Taha Khalaf to discuss means of boosting cooperation in the fields of oil and gas. The meeting took up the contribution of ....

  • Egypt best investment destination in North Africa in 2024

    Date: 2024-08-07 13:45:39 GMT - Seychelles - Economy - SN:47 - ID:10819612

    VICTORIA, Aug 7 (MENA) - Egypt is among the top investment destinations in Africa, coming first of all North African states, according to a report by Business Insider (BI). The list of top investment destinations also includes Morocco, Tunisia ....

  • FM, Samsung Electronics Egypt CEO review incentives for foreign investors

    Date: 2024-08-07 12:32:54 GMT - Egypt - Economy - SN:42 - ID:10819477

    CAIRO, Aug 7 (MENA) - Foreign Minister Badr Abdelatty had talks on Wednesday with Chairman of Samsung Electronics-Egypt Jun Su Jung on economic policies for securing incentives and guarantees for foreign investors. The talks tackled increasing ....

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