Economy

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  • Category : Economy
  • 41,000 tons of goods handled at Red Sea Ports

    Date: 2024-07-10 07:31:44 GMT - Egypt - Economy - SN:11 - ID:10779193

    HURGHADA, Egypt, July 10 (MENA) - About 41,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said the imports included 33,000 tons of goods, 356 trucks ....

  • Egypt's annual inflation down to 27.1% in June: CAPMAS

    Date: 2024-07-10 07:30:48 GMT - Egypt - Economy - SN:10 - ID:10779129

    CAIRO, July 10 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that Consumer prices index (CPI) for the whole country saw a decrease of 225.6 points in June, 2024. Egypt's annual inflation recorded 27.1% in June, ....

  • FRA, AFD sign MoU to enhance sustainable funding for non-banking financial sector

    Date: 2024-07-09 20:23:24 GMT - Egypt - Economy - SN:72 - ID:10778710

    CAIRO, July 9 (MENA) - The Financial Regulatory Authority (FRA), represented by the Regional Center for Sustainable Finance, has signed a memorandum of understanding (MoU) with the French Development Agency (AFD) to advance efforts aimed at ....

  • Gov't new program takes into consideration foreign challenges that may arise: PM

    Date: 2024-07-09 17:53:01 GMT - Egypt - Economy - SN:62 - ID:10778691

    CAIRO, July 9 (MENA) - The government's new program will take into consideration foreign challenges that may arise and affect the national economy, said Prime Minister Mostafa Madbouli. Responding to a question by MENA about future plans which ....

  • Sisi signs laws on budgets of several general authorities in FY 2024-25

    Date: 2024-07-09 17:41:33 GMT - Egypt - Economy - SN:61 - ID:10778621

    CAIRO, July 9 (MENA) - President Abdel Fattah El Sisi has signed Law no. 116 of 2024 okaying the budget of the General Authority for Supply Commodities for Fiscal Year 2024-2025 at about EGP 153 billion. President Sisi has signed also Law no. ....

  • EGP 24 bln Egypt-UAE partnership to implement real estate project on Cairo Nile

    Date: 2024-07-09 15:54:57 GMT - Egypt - Economy - SN:56 - ID:10778477

    CAIRO, July 9 (MENA) – In a landmark partnership, KSH Emirates, an Emirati investment company, and SKG Egypt Holding, a leading Egyptian conglomerate, have announced the establishment of a mixed-use project in Cairo's Tanash area in Warraq Island of ....

  • Suez Canal head: Major leap achieved in fish farming after developing tanks

    Date: 2024-07-09 15:39:01 GMT - Egypt - Economy - SN:54 - ID:10778450

    ISMAILIA, July 9 (MENA) - Suez Canal Authority Chairman Osama Rabie said fish farming at the Suez Canal aquaculture company witnessed a major leap after finalizing development of fish farming tanks. This is meant to ensure quality of fish and ....

  • SCZONE investment example to follow in Africa: Kenya economic delegation

    Date: 2024-07-09 14:52:23 GMT - Egypt - Economy - SN:51 - ID:10778356

    CAIRO, July 9 (MENA) - Chairman for the General Authority of Suez Canal Economic Zone (SCZONE) Walid Gamal el Din said that the SCZONE aims at cooperating with the different regional economic zones to support and develop the African continent ....

  • Bourse indexes up at close of trading

    Date: 2024-07-09 14:41:17 GMT - Egypt - Economy - SN:49 - ID:10778472

    CAIRO, July 9 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Tuesday's trading session, backed by strong purchases by institutions and Local and Arab investment funds as well as local, Arab, and foreign investors ....

  • Siemens asserts supporting Egyptian govt's efforts to provide electricity to Egyptians

    Date: 2024-07-09 12:49:11 GMT - Egypt - Economy - SN:40 - ID:10778199

    CAIRO, July 9 (MENA) - Siemens Energy Company has asserted its full support to the efforts exerted by the Egyptian government to provide sustainable electricity to the Egyptians. In a statement of Tuesday, the company said that its electricity ....

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