Economy

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  • Category : Economy
  • Ready-made Garments Export Council sends commercial team to Spain

    Date: 2024-05-08 12:24:45 GMT - Egypt - Economy - SN:27 - ID:10695998

    CAIRO, April 7 (MENA) - Head of the Ready-made Garments Export Council Marie-Louis Bishara sent a commercial mission to Spain in cooperation with TRADE USAID and 26 companies in the sector from May 7 to 11. This falls within the framework of the ....

  • Military production minister, CEO of Mayar Holding confer on joint cooperation

    Date: 2024-05-08 09:53:12 GMT - Egypt - Economy - SN:17 - ID:10695663

    CAIRO, May 8 (MENA) – Minister of Military Production Mohamed Salaheddin Moustafa met Wednesday with CEO of Saudi Arabia’s Mayar Holding Company Thamer al Rayes. The meeting took up cooperation between the two sides in manufacturing, installing ....

  • GASC announces tender to purchase imported wheat

    Date: 2024-05-07 20:39:34 GMT - Egypt - Economy - SN:58 - ID:10695223

    CAIRO, May 7 (MENA) - The General Authority for Supply Commodities (GASC) has announced a tender for the purchase of imported wheat on a free-on-board (FOB) basis. The wheat shipment is set to arrive during the period from June 7 to 17 or from ....

  • Egypt ready to share its extensive urban development experience with Oman: Housing min.

    Date: 2024-05-07 20:13:11 GMT - Egypt - Economy - SN:57 - ID:10695182

    CAIRO, May 7 (MENA) - Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said Egypt is ready to share its extensive urban development experience with the Sultanate of Oman, and promote joint fruitful cooperation with the sisterly ....

  • PM: Real estate export business to secure new foreign exchange resources

    Date: 2024-05-07 18:32:39 GMT - Egypt - Economy - SN:46 - ID:10695076

    CAIRO, May 7 (MENA) – Egypt has promising opportunities for luring foreign real estate investors, especially to tourist destinations in the North Coast, Prime Minister Mostafa Madbouli said. Madbouli was speaking during a meeting on Tuesday to ....

  • CBE: Foreign reserves rise by USD 696 mln in April 2024

    Date: 2024-05-07 16:05:25 GMT - Egypt - Economy - SN:38 - ID:10694962

    CAIRO, May 7 (MENA) - The Central Bank of Egypt (CBE) on Tuesday announced that the country's net foreign reserves rose by about USD 696 million to hit USD 41.057 billion in April 2024. The country’s net foreign reserves amounted to USD 40.361 ....

  • Bourse posts collective gains at start of week transactions

    Date: 2024-05-07 13:40:55 GMT - Egypt - Economy - SN:35 - ID:10694686

    CAIRO, May 7 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the start of this week trading on Tuesday after Easter and Sham El-Nessim celebrations, backed by purchases of Egyptian and foreign investment funds. The market ....

  • MoU between GAFI, Crédit Agricole Bank to attract direct foreign investments

    Date: 2024-05-07 11:30:31 GMT - Egypt - Economy - SN:26 - ID:10694361

    CAIRO, May 7 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba and Managing Director of Crédit Agricole Bank in Egypt Jean-Pierre Trinelle inked a memorandum of understanding on cooperation to encourage and ....

  • Egypt's food industries exports hit $1,6bn during Q1 of 2024

    Date: 2024-05-07 10:01:08 GMT - Egypt - Economy - SN:21 - ID:10694295

    CAIRO, May 7 (MENA) - Egyptian food industries exports increased by 31% in the first four months of 2024, reaching dlrs 1.6 billion compared to exports during the same period in 2023, which were approximately dlrs 1.2 billion, marking the highest ....

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

    Date: 2024-05-07 07:23:11 GMT - Egypt - Economy - SN:10 - ID:10694016

    CAIRO, May 7 (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 ....

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