Economy

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  • Category : Economy
  • EGX gains EGP 2.7bn

    Date: 2021-05-23 13:11:45 GMT - Egypt - Economy - SN:49 - ID:8970967

    CAIRO, May 23 (MENA) - The Egyptian Exchange (EGX) gained 2.7 billion pounds at the end of trading Sunday on the back of buying operations by investment funds and Egyptian foundations. The EGX 30 benchmark index upped by 0.75 percent, reaching ....

  • Govt acting to transform to clean energy, says minister

    Date: 2021-05-23 12:47:04 GMT - Egypt - Economy - SN:45 - ID:8970709

    CAIRO, May 23 (MENA) – Industry and Trade Minister Nevine Gamae said Sunday that the government is keen on providing all kind of support for international companies investing in the Egyptian market to be able to benefit from international ....

  • Egypt medical exports amount to $176mn during Q1 of 2021

    Date: 2021-05-23 12:19:31 GMT - Egypt - Economy - SN:43 - ID:8970650

    CAIRO, May 23 (MENA) - Egypt's medical exports have upped to 176 million dollars during the first quarter of 2021 compared with 118 million in the same period last year. The Export Council of Medical Industries (ECMI), in a statement Sunday, put ....

  • FEDCOC forms committee to economically empower women

    Date: 2021-05-23 11:46:41 GMT - Egypt - Economy - SN:39 - ID:8970649

    CAIRO, May 23 (MENA) – President of the Federation of the Egyptian Chambers of Commerce (FEDCOC) Ibrahim el Araby has decided to form a committee of businesswomen under Dr Dina Yaqout. In a statement Sunday, Araby said the committee would ....

  • Transport ministry carries out biggest project to develop railway at EGP 225 bln

    Date: 2021-05-23 10:58:23 GMT - Egypt - Economy - SN:35 - ID:8970565

    CAIRO, May 23 (MENA) - The Ministry of Transport has denied as groundless reports on neglecting the existing railway system. In a statement Sunday, the ministry said it is carrying out the biggest project to develop the railways with a budget ....

  • Egypt to manufacture electric cars next year – Min.

    Date: 2021-05-22 22:56:42 GMT - Egypt - Economy - SN:81 - ID:8970078

    CAIRO, May 22 (MENA) – Minister of Public Business Sector Hisham Tawfiq said a memorandum of understanding has been inked between El Nasr Automotive Manufacturing Company and the Chinese Dongfeng Motor Corporation to start manufacturing 100 electric ....

  • PM, DMG Mori chairman mull boosting use of German technology

    Date: 2021-05-22 18:22:39 GMT - Egypt - Economy - SN:62 - ID:8969856

    CAIRO, May 22 (MENA) - Prime Minister Mostafa Madbouli met Saturday with the chairman of Germany's DMG Mori Executive Board. The meeting tackled ways to boost cooperation with the German firm to enhance the use of German technology in Egypt and ....

  • S.Korean amb.: S.Korea mulls establishing branch of Exim Bank in Egypt

    Date: 2021-05-22 13:42:45 GMT - Egypt - Economy - SN:41 - ID:8969332

    CAIRO, May 22 (MENA) - South Korean Ambassador in Cairo Hong Jin-wook said South Korea is mulling the establishment of a branch of Exim Bank in Egypt. This will promote South Korea's presence in Cairo and expand cooperation in the fields of ....

  • Agriculture sector shows resilience during coronavirus pandemic- minister

    Date: 2021-05-22 13:39:08 GMT - Egypt - Economy - SN:40 - ID:8969178

    CAIRO, May 18 (MENA) - Minister of Agriculture and Land Reclamation El Sayed El Quseir said Saturday that the Agriculture sector showed resilience during the outbreak of coronavirus pandemic and its ensued economic consequences. El Quseir’s ....

  • Global(1):Chinese president addresses global health summit

    Date: 2021-05-22 13:06:10 GMT - China - Economy - SN:39 - ID:8969352

    Dear subscribers, following is a global bulletin published for PRNewswire: ============================================================= BEIJING, May 22, 2021 /PRNewswire/ -- Chinese President Xi Jinping attended the Global Health Summit and ....

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