Economy

  • Service : English General
  • Category : Economy
  • Par'lt approves deal to import 7 Talgo trains from Spain at €200 million

    Date: 2024-06-03 15:32:11 GMT - Egypt - Economy - SN:49 - ID:10733163

    CAIRO, June 3 (MENA) - The House of Representatives approved during a plenary session a credit facilities deal between the Egyptian government and Spain to import seven Talgo passenger trains for night services for an approximate amount of €200 ....

  • Slight decline in bourse indexes at close of Monday's transactions

    Date: 2024-06-03 13:12:53 GMT - Egypt - Economy - SN:39 - ID:10733031

    CAIRO, June 3 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Monday trading, amid sales operations by investors. The market capital lost five billion pounds to close at EGP 1.808 trillion after transactions ....

  • GAFI CEO says diversity of economy, investment systems protect Egypt against future risks

    Date: 2024-06-03 08:17:49 GMT - Egypt - Economy - SN:17 - ID:10732365

    CAIRO, June 3 (MENA) – CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Monday that the diversity of Egyptian economy and investment systems have succeeded in protecting the national economy against global risks. ....

  • Maait: Tax policy document 2024/20230 still under review, to be present for societal dialogue later

    Date: 2024-06-03 07:00:15 GMT - Egypt - Economy - SN:12 - ID:10732321

    CAIRO, June 3 (MENA) - Finance Minister Mohamed Maait asserted that that the "2024/2030" tax policy document is still under review and has not yet been presented for societal dialogue, noting that the circulated version of the tax policy document on ....

  • No decision adopted to raise electricity prices: Cabinet spox

    Date: 2024-06-02 20:04:55 GMT - Egypt - Economy - SN:58 - ID:10732083

    CAIRO, June 2 (MENA) - Cabinet Spokesman Mohamed el-Homsani said no decision had so far been adopted to raise electricity prices. Speaking to Sada El Balad satellite TV channel on Sunday evening, Homsani said Prime Minister Mostafa Madbouli and the ....

  • Minister: We develop national programs for reform

    Date: 2024-06-02 18:58:54 GMT - Egypt - Economy - SN:53 - ID:10732018

    CAIRO, June 2 (MENA) - Minister of Planning and Economic Development Hala el-Saeed said Sunday the Egyptian government is keen to set an investment ceiling that applies to all bodies of the state, especially investments directed to infrastructure, ....

  • MENA launches new economic news service

    Date: 2024-06-02 18:45:21 GMT - Egypt - Economy - SN:52 - ID:10732058

    CAIRO, June 2 (MENA) - The Middle East News Agency (MENA) will launch a new news service, "Economy and Business" bulletin, to highlight the key role played by the private sector and its institutions to buttress the national economy in various ....

  • Petroleum min., Baker Hughes delegation probe coop. in digital transformation

    Date: 2024-06-02 15:31:22 GMT - Egypt - Economy - SN:38 - ID:10731280

    CAIRO, June 2 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla on Sunday discussed with Zac Crouch, the Vice President of MENATI at Baker Hughes, and his accompanying delegation means of boosting cooperation in the domains of ....

  • Parl’t approves draft laws for oil exploration in Western Sahara

    Date: 2024-06-02 15:06:41 GMT - Egypt - Economy - SN:35 - ID:10730998

    CAIRO, June 2 (MENA) - The House of Representatives approved Sunday draft laws authorizing the Minister of Petroleum and Mineral Resources to conclude contracts for exploration and exploitation of oil in the development areas in the Western Desert ....

  • Egypt partakes in INDL-MEA 2024 Conference ‘Digital Labor Perspectives’

    Date: 2024-06-02 12:33:10 GMT - Egypt - Economy - SN:26 - ID:10730772

    CAIRO, June 2 (MENA) - Egypt, represented by the Ministry of Communications and Information Technology (MCIT), participated in the inaugural conference of the Middle East and Africa (MEA) chapter of the International Network on Digital Labor (INDL), ....

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