Economy

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  • Category : Economy
  • Petroleum Ministry: Huge oil storage facilities, with capacity of 400,000 tons, at Elhamra Terminal

    Date: 2024-05-21 09:17:26 GMT - Egypt - Economy - SN:23 - ID:10714316

    CAIRO, May 21 (MENA) - The Western Sahara Petroleum Company (WEPCO), the Managing of El-Hamra Terminal and Oil Pipelines, said that the first phase of storage facilities, with a capacity of 130,000 tons of petroleum products, is being completed and ....

  • Dollar exchange rate stable at start of Tuesday's transactions

    Date: 2024-05-21 07:16:37 GMT - Egypt - Economy - SN:13 - ID:10714201

    CAIRO, May 21 (MENA) - The dollar exchange rate was stable at the start of Tuesday'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 EGP ....

  • Gov't to offer additional incentives to attract industrial investments - PM

    Date: 2024-05-20 18:38:53 GMT - Egypt - Economy - SN:71 - ID:10713792

    10TH OF RAMADAN, Egypt, May 20 (MENA) - Prime Minister Mostafa Madbouli affirmed Monday the attention paid to the industrial sector by various state bodies. Continuous efforts are made to provide more facilitations and incentives, and remove any ....

  • PM reviews measures to set cap on public investments

    Date: 2024-05-20 17:27:59 GMT - Egypt - Economy - SN:67 - ID:10713713

    CAIRO, May 20 (MENA) - Prime Minister Mostafa Madbouli said Monday the decisions taken by the government to set a cap on public investments aims at reducing inflation rates. Chairing a high-level meeting, the premier reviewed mechanisms ....

  • PM Madbouli inspects Sumitomo's largest ever factory in 10th of Ramadan city

    Date: 2024-05-20 16:21:33 GMT - Egypt - Economy - SN:58 - ID:10713650

    EL SHARQIYAH, Egypt, May 20 (MENA) - Prime Minister Moustafa Madbouli on Monday started an inspection tour of Japanese conglomerate Sumitomo's largest ever pigtails cable factory in the Tenth of Ramadan City, Sharqiyah governorate. The factory ....

  • House approves committee report on opening appropriation in state budget for FY 2023-24 worth EGP 320 bn

    Date: 2024-05-20 15:20:16 GMT - Egypt - Economy - SN:55 - ID:10713458

    CAIRO, May 20 (MENA) - The House of Representatives, under Speaker Hanafi El-Gebali, on Monday gave final approval to a report of the Budget and Planning Committee on a draft law submitted by the government to open an additional appropriation in ....

  • Mashat says holding 1st UN Global Compact Forum reflects close partnership with Egypt

    Date: 2024-05-20 15:01:23 GMT - Egypt - Economy - SN:54 - ID:10713222

    NEW ADMINISTRATIVE CAPITAL, May 20 (MENA) - Minister of International Cooperation Rania el Mashat said that holding the first UN Global Compact Annual Forum in Cairo reflects the close partnership and constructive cooperation between Egypt and the ....

  • GAFI: Egypt has all potentials to lure investment in tourism

    Date: 2024-05-20 11:43:21 GMT - Egypt - Economy - SN:35 - ID:10712955

    SHARM EL SHEIKH, May 20 (MENA) - Deputy Executive President of General Authority for Investment and Free zones (GAFI) Yasser Abbas said Egypt has all potentials to lure investment in the tourism sector. Abbas was delivering an address on behalf ....

  • Environment min., cement firms probe producing organic fertilizers

    Date: 2024-05-20 09:58:40 GMT - Egypt - Economy - SN:27 - ID:10712845

    CAIRO, May 20 (MNEA) - Minister of Environment Yasmine Fouad Monday discussed with representatives of cement companies investment opportunities in the domain of treatment and getting rid of waste through companies specialized in producing organic ....

  • Dollar exchange rate stable at start of Monday's transactions

    Date: 2024-05-20 08:19:21 GMT - Egypt - Economy - SN:21 - ID:10712766

    CAIRO, May 20 (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), Banque Misr and the Commercial International Bank (CIB) the dollar rate registered EGP ....

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