Economy

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  • Category : Economy
  • HMM shipping line's delegation follows up improvements at DCHC

    Date: 2024-05-15 22:01:49 GMT - Egypt - Economy - SN:72 - ID:10707133

    DAMIETTA, Egypt, May 15 (MENA) – A high-level delegation from HMM Co Ltd (HMM), an integrated logistics company, visited the Damietta Container & Cargo Handling Co. (DCHC) on Wednesday. The visit was organized pursuant to directives given by ....

  • 2nd tranche of Ras el Hikma investments to support Egyptian pound, experts tell MENA

    Date: 2024-05-15 17:49:05 GMT - Egypt - Economy - SN:55 - ID:10706867

    CAIRO, May 15 (MENA) – Egypt’s reception of the second tranche of investments of Ras El Hikma city shall enhance the stability of the exchange market, support the exchange rate of the Egyptian pound against the US dollar, and stimulate the ....

  • Gov't approves extending period of legalizing informal economy projects status for 3 years

    Date: 2024-05-15 15:35:29 GMT - Egypt - Economy - SN:48 - ID:10706815

    CAIRO, May 15 (MENA) - The cabinet - during its weekly meeting under Prime Minister Mostafa Madbouli - approved on Wednesday a draft decision issued by the premier on extending the period specified in Article 72 of law no 152 of 2020 on ....

  • Trade exchange between Egypt, Arab countries records dlrs 26 bn in 2023: CAPMAS

    Date: 2024-05-15 15:33:58 GMT - Egypt - Economy - SN:47 - ID:10706817

    CAIRO, May 15 (MENA) - Trade exchange between Egypt and Arab countries was estimated at 26 billion dollars in FY 2023, compared to 29.5 billion dollars in 2022, according to the Egyptian Central Agency for Public Mobilization and Statistics ....

  • SCZONE head: We are carrying out strategy for facilitating green hydrogen investment

    Date: 2024-05-15 14:24:34 GMT - Egypt - Economy - SN:43 - ID:10706627

    ROTTERDAM/CAIRO, May 15 (MENA) - Chairman of the General Authority of Suez Canal Economic Zone (SCZONE) Walid Gamaleldin said the zone is implementing an action strategy for setting the stage for more investments in green hydrogen projects. The ....

  • EGX indexes show mixed performance

    Date: 2024-05-15 14:11:45 GMT - Egypt - Economy - SN:39 - ID:10706517

    CAIRO, May 15 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading amid sales by Arab investment funds and Egyptian and Arab investors. The market capital lost EGP 2 billion to reach 1.694 trillion ....

  • MSMEDA CEO, Senegalese min. discuss boosting bilateral cooperation

    Date: 2024-05-15 14:09:29 GMT - Egypt - Economy - SN:37 - ID:10706446

    CAIRO, May 15 (MENA) - CEO of the Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) Basel Rahmi had talks on Wednesday with Senegalese Minister of Microfinance and the Social and Solidarity Economy Alioune Dione on means of ....

  • Egypt receives 2nd tranche of Ras el Hikma development deal, says PM

    Date: 2024-05-15 13:10:34 GMT - Egypt - Economy - SN:36 - ID:10706393

    CAIRO, May 15 (MENA) – Prime Minister Moustafa Madbouli said Wednesday that Egypt received 14 billion dollars from the UAE in a second installment of a deal to develop the Ras el Hikma peninsula west of Alexandria. The deal with Abu Dhabi ....

  • 10,000 tons of goods handled at Red Sea Ports

    Date: 2024-05-15 09:26:24 GMT - Egypt - Economy - SN:17 - ID:10705881

    HURGHADA, Egypt, May 15 (MENA) - About 10,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said the imports included 5,500 tons of goods, 387 trucks ....

  • Agricultural breakthrough under Sisi's rule enabled food security in Egypt: minister

    Date: 2024-05-14 20:08:50 GMT - Egypt - Economy - SN:65 - ID:10705505

    CAIRO, May 14 (MENA) - Minister of Agriculture and Land Reclamation El Sayed el Quseir said the State has managed to secure sufficient, healthy, and sustainable food supplies for its people, despite global economic challenges that are impacting all ....

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