Economy

  • Service : English General
  • Category : Economy
  • $30 million volume of furniture exports to UAE in 2020--EFEC

    Date: 2021-04-05 13:23:01 GMT - Egypt - Economy - SN:53 - ID:8892458

    CAIRO, April 5 (MENA) - Director of the government services department of the Egyptian Furniture Export Council Mohamed Alaa said the volume of Egypt's exports of furniture to the UAE market amounted to 30 million dollars in 2020 against 32 million ....

  • Egypt, Belgium discuss cooperation in manufacturing domain

    Date: 2021-04-05 13:20:19 GMT - Egypt - Economy - SN:52 - ID:8892385

    CAIRO, April 5 (MENA) - Minister of State for Military Production Mohamed Ahmed Morsi and Belgian Ambassador to Egypt François Cornet d'Elzius discussed on Monday ways of bolstering bilateral cooperation in the manufacturing domain. The meeting ....

  • Public enterprises minister reviews steps to develop performance of public sector companies

    Date: 2021-04-05 12:40:13 GMT - Egypt - Economy - SN:50 - ID:8892331

    CAIRO, April 5 (MENA) - Public Enterprises Minister Hisham Tawfiq said the development of the public enterprises sector upon the Amended Law No.185 for the Year 2020 has caused a great leap in efforts to improve performance, regulatory and ....

  • CBE: 65.8-billion-pound credit facilities offered to micro, small, medium enterprises

    Date: 2021-04-05 12:32:06 GMT - Egypt - Economy - SN:49 - ID:8892327

    CAIRO, April 5 (MENA) - The Central Bank of Egypt (CBE) said on Monday the volume of credit facilities that were provided to micro, small and medium-sized enterprises as part of the guarantees program of the Credit Risk Guarantee Company reached ....

  • GAFI: Egypt has taken serious steps to ease investment climate, seeks to lure Bahraini investments

    Date: 2021-04-05 10:36:29 GMT - Egypt - Economy - SN:42 - ID:8892097

    MANAMA, April 5 (MENA) - Executive Director of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab said that Egypt has taken serious steps to ease and provide proper investment climate, noting that the authority is keen on ....

  • Specialized company to manage, operate wholesale markets

    Date: 2021-04-05 10:22:22 GMT - Egypt - Economy - SN:41 - ID:8892113

    CAIRO, April 5 (MENA) - Supply Minister Aly Moselhi said Monday that a specialized company will be established to manage and operate wholesale markets. The firm will include representatives of the government and private sectors, Moselhi ....

  • UNDP, Catalyst Partners sign MoU for effective investment in Egypt

    Date: 2021-04-05 10:08:39 GMT - Egypt - Economy - SN:37 - ID:8891973

    CAIRO, April 5 (MENA) - The United Nations Development Program (UNDP) signed a memorandum of understanding with Catalyst Partners to promote investments that achieve sustainable development goals (SDGs). UNDP Resident Representative in Egypt ....

  • CBE, supply ministry sign cooperation protocol to get bakeries to use natural gas

    Date: 2021-04-05 09:42:17 GMT - Egypt - Economy - SN:35 - ID:8891903

    CAIRO, April 5 (MENA) - The Central Bank of Egypt (CBE) signed a cooperation protocol with the Ministry of Supply and Internal Trade to offer soft loans to bakeries' owners to help them replace diesel oil with natural gas. This falls within the ....

  • JICA, Banque Misr, SMBC seal deal to support SMEs

    Date: 2021-04-05 08:12:12 GMT - Egypt - Economy - SN:27 - ID:8891745

    CAIRO, April 5 (MENA) - The Japan International Cooperation Agency (JICA), Banque Misr and Sumitomo Mitsui Banking Corporation (SMBC) have signed a loan agreement worth 100 million dollars to support SMEs and micro projects in Egypt. JICA chief ....

  • Gov't keen on develop real estate sector in partnership with private firms - min.

    Date: 2021-04-05 08:07:23 GMT - Egypt - Economy - SN:26 - ID:8891759

    CAIRO, April 5 (MENA) - Public Business Sector Minister Hisham Tawfiq underlined the government's support for real estate development and engagement in fruitful partnership with the private sector in the urban development domain. Tawfiq made the ....

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