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Economy
- Service : English General
- Category : Economy
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PM says bread subsidy costs State over EGP 100 bln annually
Date: 2024-05-27 15:03:02 GMT - Egypt - Economy - SN:45 - ID:10723175
ALEXANDRIA, Egypt, May 27 (MENA) - Prime Minister Mostafa Madbouli said the bread subsidy costs the State over EGP 100 billion annually, with one loaf of bread being sold to customers at five piasters. In a press conference following his ....
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Decline in bourse indexes at close of Monday's transactions
Date: 2024-05-27 14:53:05 GMT - Egypt - Economy - SN:44 - ID:10723021
CAIRO, May 27 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Monday's trading, amid sales operations by investors. The market capital closed at EGP 1.838 trillion after transactions totaled approximately EGP 7.8 ....
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Petroleum min.: Gov't seeks sustainable solutions to power load-shedding issue
Date: 2024-05-27 12:18:25 GMT - Egypt - Economy - SN:35 - ID:10722809
CAIRO, May 27 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla on Monday said that plans are in the pipeline - in partnership with all government bodies concerned - to bridge the gap between state's available resources and the ....
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Dollar exchange rate stable in beginning of Monday transactions
Date: 2024-05-27 07:39:26 GMT - Egypt - Economy - SN:14 - ID:10722313
CAIRO, May 27 (MENA) - The dollar exchange rate was stable at the start of Monday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr and the Commercial International Bank (CIB), the dollar rate registered ....
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Global (1): GVG featured on the 2024 Africa RegTech Horizon-100 list
Date: 2024-05-27 07:35:32 GMT - Spain - Economy - SN:13 - ID:10722344
Dear subscribers, the following is a global bulletin published for PRNewswire: =============================================================== GVG featured on the 2024 Africa RegTech Horizon-100 list MADRID, May 27, 2024 /PRNewswire/ -- ....
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Global drilling companies operating normally at Zohr gas field - Petroleum ministry
Date: 2024-05-26 21:02:14 GMT - Egypt - Economy - SN:54 - ID:10722073
CAIRO, May 26 (MENA) - Development activities in Zohr gas field have never been stopped; rather the ministry is beefing up development efforts to scale up its efficiency, Spokesman for the Ministry of Petroleum and Mineral Resources Hamdy Abdel Aziz ....
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Petroleum ministry dispels rumors about withdrawing Eni's drillship from Zohr
Date: 2024-05-26 20:20:39 GMT - Egypt - Economy - SN:53 - ID:10722004
CAIRO, May 26 (MENA) - The Ministry of Petroleum and Mineral Resources has categorically denied reports published by 'Attqa' energy news website, which claimed that Eni oil and gas company of Italy had withdrawn its 7th-generation Santorini ....
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GAFI, Turkish firms probe investment in Egypt's tourism sector
Date: 2024-05-26 16:46:56 GMT - Egypt - Economy - SN:41 - ID:10721526
CAIRO, May 26 (MENA) - The General Authority for Investment and Free Zones (GAFI) has convened a set of promotional meeting with a number of leading Turkish companies operating in the tourism and hospitality investment sector, on the sidelines of ....
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Citizenship by investment program sees substantial growth - Official
Date: 2024-05-26 16:46:23 GMT - Egypt - Economy - SN:40 - ID:10721814
CAIRO, May 26 (MENA) - Real estate investment in Egypt is one of the most stable and secure financial activities, offering ab opportunity to achieve suitable financial returns with minimal risk, Deputy Head of the Unit for Granting Egyptian ....
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Bourse posts collective gains at start of week transactions
Date: 2024-05-26 15:28:55 GMT - Egypt - Economy - SN:37 - ID:10721703
CAIRO, May 26 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the start of this week trading on Sunday, backed by purchases of Egyptian and foreign investment funds. The market capital gained about EGP 16 billion to register ....
