Economy

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  • Category : Economy
  • EgyptAir operates 50 flights Monday

    Date: 2021-02-21 15:33:37 GMT - Egypt - Economy - SN:74 - ID:8810553

    CAIRO, Feb 21 (MENA) - EgyptAir will operate 50 domestic and international flights on Monday to ferry 3,301 passengers to various destinations. In a statement released Sunday, the Egyptian flag carrier said 35 international flights will head for ....

  • All EGX indices up, benchmark increases 0.4 pct

    Date: 2021-02-21 14:12:12 GMT - Egypt - Economy - SN:66 - ID:8810313

    CAIRO, Feb 21 (MENA) - The Egyptian Exchange (EGX) indices went up collectively at the close of Sunday's trading, pushed by purchases from local and Arab investment funds. The market capital gained about EGP 4.3 billion, registering EGP 701.4 ....

  • EGP 3.6bln pumped into Sinai development projects since 2014, says official

    Date: 2021-02-21 12:04:03 GMT - Egypt - Economy - SN:47 - ID:8810045

    EL ARISH, Egypt, Feb 21 (MENA) - The State has pumped 3.6 billion pounds to carry out development projects in Sinai since 2014, Head of the North Sinai Reconstruction Zone Nagi Ibrahim Mohamed said. In a press statement on Sunday, Mohamed said ....

  • Cabinet denies imposing new tax to upgrade ERTU

    Date: 2021-02-21 11:31:01 GMT - Egypt - Economy - SN:42 - ID:8810035

    CAIRO, Feb 21 (MENA) - The Cabinet has denied reports about imposing a new tax on electricity bills to upgrade the Egyptian Radio and Television Union (ERTU). In a press release on Sunday, the Cabinet's media center said that it contacted the ....

  • IMC: "Descent Life" initiative unique opportunity to revive national industry

    Date: 2021-02-21 10:58:28 GMT - Egypt - Economy - SN:36 - ID:8809922

    CAIRO, Feb 21 (MENA) - Executive Director of the Industrial Modernization Center (IMC) Mohamed Abdel Karim said the initiative of "Descent Life" is a unique opportunity to revive the national industry with the preference of local products. These ....

  • CAPMAS: Production index for transformative, extractive industries rises 2% in Dec.

    Date: 2021-02-21 10:51:07 GMT - Egypt - Economy - SN:34 - ID:8809758

    CAIRO, Feb 21 (MENA) – The Central Agency for Public Mobilization and Statistics (CAPMAS) said production index for transformative and extractive industries, excluding crude oil and petroleum products, inched up 2%, recording 99.15 (primary) in ....

  • EFI: Demand for rice increases during Ramadan

    Date: 2021-02-21 09:43:35 GMT - Egypt - Economy - SN:25 - ID:8809840

    CAIRO, Feb 21 (MENA) – The monthly demand for rice is doubled during the fasting month of Ramadan, said Ragab Shehata, an official of the Egyptian Federation of Industries (EFI), Sunday. Shehata, who heads the rice division of the EFI’s Chamber of ....

  • Maait: Presidential directives to enhance financial governance as part "Digital Egypt" project

    Date: 2021-02-21 08:46:37 GMT - Egypt - Economy - SN:19 - ID:8809701

    CAIRO, Feb 21 (MENA) - Finance Minister Mohamed Maait asserted that presidential directives have been issued to enhance financial governance as part of "Digital Egypt" project in accordance with international standards to guarantee the maximum limit ....

  • Damietta port receives 27 container, cargo ships

    Date: 2021-02-21 07:14:07 GMT - Egypt - Economy - SN:13 - ID:8809633

    DAMIETTA, Feb 21 (MENA) - Damietta Port Authority (DPA) received 27 container and cargo ships over the past 24 hours. In a statement on Sunday, DPA said the general total trade volume of goods for export handled at the port reached 28,354 ....

  • FEC: 55 Egyptian companies take part in Dubai Gulfood 2021 exhibition

    Date: 2021-02-21 07:06:21 GMT - Egypt - Economy - SN:12 - ID:8809620

    CAIRO, Feb 21 (MENA) - The Food Export Council (FEC) said on Sunday 55 major Egyptian companies operating in the food industries and agricultural crops will take part in the Gulfood 2021 exhibition hosted by Dubai World Trade Center on February ....

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