Economy

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  • Category : Economy
  • Egypt to establish $120 mln pharmaceutical raw materials factory

    Date: 2024-12-30 17:34:21 GMT - Egypt - Economy - SN:30 - ID:11010234

    CAIRO, Dec 30 (MENA) – Egypt has signed a protocol to establish its first multi-purpose pharmaceutical raw materials factory in Ain Sokhna, with an investment amounting to $120 million. The project, led by Health and Population Minister Khaled ....

  • Egypt ranks 13th globally in exporting processed cheese at $68 mln, shows study

    Date: 2024-12-30 17:32:19 GMT - Egypt - Economy - SN:29 - ID:11009999

    CAIRO, Dec 30 (MENA) - A study conducted by the Food Export Council (FEC) showed that Egypt ranked 13th globally in exporting processed cheese at a value of USD 68 million. The study indicated that Egypt's exports of processed cheese registered ....

  • CBE extends exemption on transfer fees via IPN, InstaPay for 3 months

    Date: 2024-12-30 16:08:03 GMT - Egypt - Economy - SN:23 - ID:11010024

    CAIRO, Dec 30 (MENA) - The Central Bank of Egypt (CBE) on Monday decided to extend the exemption on all fees and commissions of bank transfer services that are conducted through electronic channels (internet banking and mobile banking applications) ....

  • Egypt secures $131 mln AfDB support for economic growth

    Date: 2024-12-30 15:48:33 GMT - Egypt - Economy - SN:21 - ID:11010187

    CAIRO, Dec 30 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat announced that Egypt has secured $131 million in funding from the African Development Bank (AfDB) to support its budget and drive the ....

  • Petroleum min., New Valley governor probe optimal utilization of mineral resources

    Date: 2024-12-30 15:27:24 GMT - Egypt - Economy - SN:20 - ID:11009972

    CAIRO, Dec 30 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawy Monday discussed with New Valley Governor Mohamed el Zamalout cooperation to make the optimal utilization of mineral resources, most particularly phosphate, in the ....

  • ITIDA wraps up successful employment fair in Alexandria's Borg El-Arab

    Date: 2024-12-30 14:55:45 GMT - Egypt - Economy - SN:18 - ID:11010192

    CAIRO, Dec 30 (MENA) - The Information Technology Industry Development Agency (ITIDA) has successfully concluded its employment fair at the technology park in Borg El-Arab, Alexandria. The event aimed to connect young talent from Alexandria and ....

  • Bourse indices down at close of Monday's trading

    Date: 2024-12-30 14:43:10 GMT - Egypt - Economy - SN:16 - ID:11010061

    CAIRO, Dec 30 (MENA) - Egyptian Exchange (EGX) indexes went down at the close of trading on Monday, backed by sales by Arab and Egyptian institutions, investment funds and investors against purchases by foreign institutions and individuals. The ....

  • Inflation expected to significantly decline in February 2025 - Minister

    Date: 2024-12-29 18:11:05 GMT - Egypt - Economy - SN:45 - ID:11009188

    CAIRO, Dec 29 (MENA) - Minister of Planning, Economic Development, and International Cooperation Rania el-Mashat affirmed the continuation of full cooperation and coordination with the House of Representatives and all its committees, particularly ....

  • Planning min. highlights success of national Family Development Project

    Date: 2024-12-29 18:06:21 GMT - Egypt - Economy - SN:44 - ID:11009217

    CAIRO, Dec 29 (MENA) – Rania el Mashat, Minister of Planning and Economic Development, reaffirmed the government’s commitment to advancing the National Family Development Project, which integrates economic, cultural, legislative, and service-based ....

  • PM witnesses signing of licensing agreement to manufacture MG cars in Egypt

    Date: 2024-12-29 16:21:29 GMT - Egypt - Economy - SN:36 - ID:11008975

    CAIRO, Dec 29 (MENA) – Prime Minister Mostafa Madbouli on Sunday witnessed the signing of an exclusive licensing agreement between Mansour Automotive and China's SAIC Motor to build a factory for manufacturing MG cars in the industrial zone in ....

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