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Economy
- Service : English General
- Category : Economy
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Bourse posts collective losses at close of Monday's trading
Date: 2025-01-27 13:31:19 GMT - Egypt - Economy - SN:20 - ID:11043794
CAIRO, Jan 27 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Monday's trading session, on the back of selling operations by local, Arab and foreign institutions and investment funds, against purchases by foreign ....
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Ministerial group concludes discussions on startups, financial package to support them
Date: 2025-01-27 12:29:47 GMT - Egypt - Economy - SN:16 - ID:11043699
CAIRO, Jan 27 (MENA) - The Ministerial Group for Entrepreneurship concluded discussions on a unified definition for startups and a set of facilitation measures and discussed a proposed financial package to support the sector. Minister of ....
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China's central bank conducts reverse repos Monday
Date: 2025-01-27 12:04:33 GMT - China - Economy - SN:15 - ID:11043659
BEIJING, Jan 27 (MENA) - China's central bank conducted 298 billion yuan (about 41.56 billion U.S. dollars) of 14-day reverse repos at an interest rate of 1.65 percent on Monday, Xinhua reported. The move aims to keep liquidity in the banking ....
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36 containers, cargo ships handled at Damietta Port
Date: 2025-01-27 10:27:19 GMT - Egypt - Economy - SN:8 - ID:11043448
DAMIETTA, Egypt, Jan 27 (MENA) – As many as 36 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Monday, the Damietta Port Authority said that the total volume of exported goods from ....
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CEI: 2nd edition of local manufacturing exhibition to take place in February
Date: 2025-01-26 21:36:21 GMT - Egypt - Economy - SN:60 - ID:11042868
CAIRO, Jan 26 (MENA) - The Chamber of Engineering Industries (CEI) unveiled Sunday the launch of the second edition of the annual exhibition of local manufacturing of engineering industries on February 1-3 at the Exhibition Center in Nasr ....
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PM pledges timely payments to foreign energy partners
Date: 2025-01-26 19:43:05 GMT - Egypt - Economy - SN:49 - ID:11042771
CAIRO, Jan 26 (MENA) – Prime Minister Mostafa Madbouli reaffirmed Egypt’s commitment to settling dues owed to foreign energy partners and assisting Chevron in restoring its previous oil and gas production levels. In a meeting with Chevron ....
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PM witnesses signing of contract to reboot anode block plant in Ain Sokhna
Date: 2025-01-26 19:37:00 GMT - Egypt - Economy - SN:48 - ID:11042488
CAIRO, Jan 26 (MENA) – Prime Minister Mostafa Madbouli on Sunday witnessed the signing of a contract between British Petroleum (BP) and the Egyptian Anode Block Company to reboot the anode block plant in the private free zone in Ain Sokhna. Under ....
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NBE achieved net profits of EGP 118.4 bln by end of September 2024
Date: 2025-01-26 17:30:02 GMT - Egypt - Economy - SN:43 - ID:11042527
CAIRO, Jan 26 (MENA) - The financial statement of the National Bank of Egypt (NBE) revealed that the bank posted net profits of nearly EGP 118.4 billion at the end of September 2024, compared to about EGP 50 billion by the end of September 2023, ....
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Hefni: We adopt strategy aimed at achieving all-out leap in aviation sector
Date: 2025-01-26 14:06:50 GMT - Egypt - Economy - SN:29 - ID:11042317
CAIRO, Jan 26 (MENA) - Minister of Civil Aviation of Sameh El Hefni expressed on Sunday his ministry's keenness on pursuing efforts aimed at achieving a comprehensive leap in various aviation activities through adopting an all-out strategy leading ....
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GAFI welcomes Sudanese investments in Upper Egypt
Date: 2025-01-26 12:07:45 GMT - Egypt - Economy - SN:21 - ID:11042073
CAIRO, Jan 26 (MENA) - Head of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba welcomed on Sunday Sudan's investments in Upper Egypt. During the Sudanese businessmen forum, he called Sudan's business society to make use of ....
