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Economy
- Service : English General
- Category : Economy
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Cabinet: Egypt launches national program for reforms without burdens on citizens
Date: 2021-05-23 14:06:01 GMT - Egypt - Economy - SN:40 - ID:8970712
CAIRO, May 23 (MENA) - The Cabinet's media center has published a report on the infographs that shed light on the government national program for structural reforms and the success of the first phase of the comprehensive economic reform program ....
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Military production minister probes with German company establishment of biggest foundry in ME
Date: 2021-05-23 14:05:37 GMT - Egypt - Economy - SN:46 - ID:8970845
CAIRO, May 23 (MENA) - Minister of State for Military Production Mohamed Ahmed Morsi discussed on Sunday with CEO of Germany's DMG Mori company Christian Thönes cooperation in the fields of foundry production to produce cast iron for CNC ....
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Dollar exchange rate stable at Egypt's banks
Date: 2021-05-23 13:45:12 GMT - Egypt - Economy - SN:53 - ID:8970905
CAIRO, May 23 (MENA) - The US dollar exchange rate was stable during Sunday's transactions at Egypt's major banks, recording EGP 15.61 for buying and EGP 15.73 for selling. The dollar recorded at the National Bank of Egypt EGP 15.61 for buying ....
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EGX gains EGP 2.7bn
Date: 2021-05-23 13:11:45 GMT - Egypt - Economy - SN:49 - ID:8970967
CAIRO, May 23 (MENA) - The Egyptian Exchange (EGX) gained 2.7 billion pounds at the end of trading Sunday on the back of buying operations by investment funds and Egyptian foundations. The EGX 30 benchmark index upped by 0.75 percent, reaching ....
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Govt acting to transform to clean energy, says minister
Date: 2021-05-23 12:47:04 GMT - Egypt - Economy - SN:45 - ID:8970709
CAIRO, May 23 (MENA) – Industry and Trade Minister Nevine Gamae said Sunday that the government is keen on providing all kind of support for international companies investing in the Egyptian market to be able to benefit from international ....
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Egypt medical exports amount to $176mn during Q1 of 2021
Date: 2021-05-23 12:19:31 GMT - Egypt - Economy - SN:43 - ID:8970650
CAIRO, May 23 (MENA) - Egypt's medical exports have upped to 176 million dollars during the first quarter of 2021 compared with 118 million in the same period last year. The Export Council of Medical Industries (ECMI), in a statement Sunday, put ....
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FEDCOC forms committee to economically empower women
Date: 2021-05-23 11:46:41 GMT - Egypt - Economy - SN:39 - ID:8970649
CAIRO, May 23 (MENA) – President of the Federation of the Egyptian Chambers of Commerce (FEDCOC) Ibrahim el Araby has decided to form a committee of businesswomen under Dr Dina Yaqout. In a statement Sunday, Araby said the committee would ....
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Transport ministry carries out biggest project to develop railway at EGP 225 bln
Date: 2021-05-23 10:58:23 GMT - Egypt - Economy - SN:35 - ID:8970565
CAIRO, May 23 (MENA) - The Ministry of Transport has denied as groundless reports on neglecting the existing railway system. In a statement Sunday, the ministry said it is carrying out the biggest project to develop the railways with a budget ....
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Egypt to manufacture electric cars next year – Min.
Date: 2021-05-22 22:56:42 GMT - Egypt - Economy - SN:81 - ID:8970078
CAIRO, May 22 (MENA) – Minister of Public Business Sector Hisham Tawfiq said a memorandum of understanding has been inked between El Nasr Automotive Manufacturing Company and the Chinese Dongfeng Motor Corporation to start manufacturing 100 electric ....
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PM, DMG Mori chairman mull boosting use of German technology
Date: 2021-05-22 18:22:39 GMT - Egypt - Economy - SN:62 - ID:8969856
CAIRO, May 22 (MENA) - Prime Minister Mostafa Madbouli met Saturday with the chairman of Germany's DMG Mori Executive Board. The meeting tackled ways to boost cooperation with the German firm to enhance the use of German technology in Egypt and ....
