Economy

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  • Category : Economy
  • GAFI: Egypt ranks 1st in Africa, 2nd in Arab World in foreign direct investment flows

    Date: 2024-05-30 15:57:27 GMT - Egypt - Economy - SN:53 - ID:10727400

    CAIRO, May 30 (MENA) - Director of the Foreign Investment Promotion Department at the General Authority for Investment and Free Zones (GAFI) Ahmed Zohair confirmed that the “economic reform” program that has recently been adopted by the government ....

  • GAFI probes capitalizing on Indian experience in reinforcing entrepreneurship

    Date: 2024-05-30 15:23:05 GMT - Egypt - Economy - SN:51 - ID:10727437

    CAIRO, May 30 (MENA) - General Authority for Investment and Free Zones (GAFI) CEO Hossam Heiba Thursday said that the authority is keen on capitalizing on the Indian experience in supporting entrepreneurship. He asserted the special importance ....

  • global (1): Food 4 Education Named to TIME's List of 100 Most Influential Companies 2024

    Date: 2024-05-30 12:27:25 GMT - Kenya - Economy - SN:44 - ID:10727524

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ =================================================================== Food 4 Education Named to TIME's List of 100 Most Influential Companies 2024 Recognized for ....

  • SCZone inks cooperation protocol with customs authority to enhance customs services

    Date: 2024-05-30 12:26:23 GMT - Egypt - Economy - SN:43 - ID:10727373

    CAIRO, May 30 (MENA) - The Suez Canal Economic Zone (SCZone) has signed a cooperation protocol with the Egyptian Customs Authority with a view to developing an integrated mechanization system for its logistics center and enhancing its customs ....

  • Decline in bourse indexes at close of Thursday's transactions

    Date: 2024-05-30 12:05:05 GMT - Egypt - Economy - SN:42 - ID:10727483

    CAIRO, May 30 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Thursday trading, amid sales operations by investors. The market capital lost 16 billion pounds to close at EGP 1.813 trillion after transactions ....

  • Rosetta for Energy Solutions inks MoU with Elsewedy Industrial Development for LNG Supply in Tanzania

    Date: 2024-05-30 12:00:26 GMT - Egypt - Economy - SN:41 - ID:10727285

    CAIRO, May 30 (MENA) - Rosetta for Energy Solutions, a subsidiary of TAQA Arabia specializing in investment, development, and operation of LNG value chains, has announced the signing of a memorandum of understanding (MoU) with Elsewedy Industrial ....

  • Trade exchange between Egypt, Germany rises to 6.8 billion euros in 2023 - ECS

    Date: 2024-05-30 11:05:50 GMT - Egypt - Economy - SN:35 - ID:10727367

    CAIRO, May 30 (MENA) - Head of the Egyptian Commercial Service Yahia El Wathik Bellah said on Thursday trade exchange between Egypt and Germany increased from 5.5 to 6.8 billion euros with an increase of 23.6 percent. El Wathik Bellah gave the ....

  • Monetary policies send reassuring message to foreign investors – Official

    Date: 2024-05-30 10:06:31 GMT - Jordan - Economy - SN:31 - ID:10727039

    AMMAN, May 30 (MENA) – Amr Abul Oyoun, vice president of the Federation of Egyptian Chambers of Commerce, has lauded monetary policies recently adopted by the Central Bank of Egypt. He told MENA on Thursday that such policies send a reassuring ....

  • NBE launches new service for int’l remittance instantly

    Date: 2024-05-30 09:37:56 GMT - Egypt - Economy - SN:29 - ID:10727085

    CAIRO, May 30 (MENA) – The National Bank of Egypt (NBE) announced launching the newest service for receiving electronic international remittances instantly around the clock, even during official holidays. Yahya Abul Fotouh, NBE deputy chairman, ....

  • Dollar exchange rate inches down in beginning of Wednesday's transactions

    Date: 2024-05-30 08:25:15 GMT - Egypt - Economy - SN:24 - ID:10727065

    CAIRO, May 30 (MENA) - The dollar exchange rate was stable at the start of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB), the dollar rate registered ....

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