Economy

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  • Category : Economy
  • Mashat unveils EU guarantees to boost Egypt's FDI by €11 billion

    Date: 2024-07-01 16:52:16 GMT - Egypt - Economy - SN:45 - ID:10766937

    NEW ADMINISTRATIVE CAPITAL, Egypt, July 1 (MENA) - International Cooperation Minister Rania el Mashat underlined the importance of investment guarantees offered by EU amounting to €1.8 billion. The minister's remarks were made at a high-level ....

  • Finance min. says cooperation with WB serves as model of successful partnership for development

    Date: 2024-07-01 15:05:41 GMT - Egypt - Economy - SN:38 - ID:10766854

    CAIRO, July 1 (MENA) - Finance Minister Mohamed Maait said Egypt's cooperation with the World Bank (WB) serves as a model of successful partnership for development amid the current regional and international economic challenges that put heavy ....

  • GAFI's CEO: Egypt seeks to become global logistics hub

    Date: 2024-07-01 14:56:39 GMT - Egypt - Economy - SN:37 - ID:10766770

    CAIRO, July 1 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba asserted Egypt seeks to become a global logistics hub by making the optimal use of its unique and special geographical location and the Suez ....

  • Bourse indexes up at close of trading

    Date: 2024-07-01 13:39:29 GMT - Egypt - Economy - SN:33 - ID:10766703

    CAIRO, July 1 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by strong purchases by institutions and Local and Arab investment funds as well as local, Arab, and foreign investors and ....

  • AOI, TMG, Schindler Group sign agreement to assemble some elevator components in Egypt

    Date: 2024-07-01 13:18:21 GMT - Egypt - Economy - SN:30 - ID:10766646

    CAIRO, July 1 (MENA) - The Arab Organization for Industrialization (AOI), Talaat Moustafa Group (TMG) and Schindler Group signed a framework agreement to implement a program on assembling some elevator components for a number of projects affiliated ....

  • PM: 29 agreements, MoUs worth €49 bln inked with EU companies at Egypt-EU Investment Conf.

    Date: 2024-06-30 20:25:03 GMT - Egypt - Economy - SN:65 - ID:10765846

    CAIRO, June 30 (MENA) – Prime Minister Mostafa Madbouli said Egypt signed 29 agreements and memorandums of understanding (MoUs) worth €49 billion with EU-affiliated companies over the course of Egypt-EU Investment Conference, which kicked off ....

  • MoU inked between Telecom Egypt, Hungary's 4iG to improve network infrastructure

    Date: 2024-06-30 19:09:49 GMT - Egypt - Economy - SN:60 - ID:10765796

    CAIRO, June 30 (MENA) - Prime Minister Moustafa Madbouli attended Sunday the signing ceremony of a memorandum of understanding (MoU) between Telecom Egypt and Budapest-based 4iG Plc, a leading IT systems integrator with significant interests in the ....

  • Cairo, Nokia sign MoU for expanding operations in Egypt

    Date: 2024-06-30 18:00:24 GMT - Egypt - Economy - SN:59 - ID:10765795

    CAIRO, June 30 (MENA) – Prime Minister Mostafa Madbouli attended Sunday the signing ceremony of a trilateral memorandum of understanding (MoU) between the Information Technology Industry Development Agency (ITIDA), Telecom Egypt, and Finnish ....

  • PM attends inking 2 trade deals between Telecom Egypt, Medusa

    Date: 2024-06-30 17:37:54 GMT - Egypt - Economy - SN:57 - ID:10765746

    CAIRO, June 30 (MENA) - Prime Minister Moustafa Madbouli on Sunday attended the signing ceremony of a two trade agreements between Telecom Egypt and Medusa company, a neutral European and independent Mediterranean submarine infrastructure operator ....

  • Egypt's agricultural exports hit $2.8 bln in 6 months

    Date: 2024-06-30 16:32:29 GMT - Egypt - Economy - SN:54 - ID:10765803

    CAIRO, June 30 (MENA) - Egypt’s agricultural exports exceeded 4.8 million tons, valued at approximately $2.8 billion since January 2024, the Ministry of Agriculture and Land Reclamation announced Sunday. The figure marks an increase of $589.1 ....

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