Economy

  • Service : English General
  • Category : Economy
  • Bourse gains EGP 8 bln, EGX 30 benchmark up 0.42%

    Date: 2020-12-20 17:31:07 GMT - Egypt - Economy - SN:51 - ID:8719948

    CAIRO, Dec 20 (MENA) - The Egyptian Exchange gained 8 billion pounds at the end of trading Sunday on the back of buying operations by Arab and local investors. The EGX 30 benchmark index upped by 0.42 percent, reaching 10,890.3 points. The ....

  • Egypt poised to be regional hub for auto industry: State minister for military production

    Date: 2020-12-20 17:25:06 GMT - Egypt - Economy - SN:48 - ID:8719893

    CAIRO, Dec 20 (MENA) - Egypt has a clear-cut strategy for localizing production in the automotive industry, Minister of State for Military Production Mohamed Ahmed Morsy said. Addressing a webinar titled: "Localizing the auto industry in Egypt," ....

  • Minister: We offered medical services for 132,000 addicts free of charge

    Date: 2020-12-20 16:05:25 GMT - Egypt - Economy - SN:42 - ID:8719638

    CAIRO, Dec 20 (MENA) – Social Solidarity Minister and Chairman of Fund for Drug Control and Treatment of Addiction Nevin al Qabbaj announced on Sunday the results of 16023 hotline in 2020. In statements, the minister said that more centers were ....

  • Sisi reviews efforts to expand Vodafone activities in Egypt

    Date: 2020-12-20 15:49:52 GMT - Egypt - Economy - SN:40 - ID:8719797

    Dec 20 (MENA) – President Abdel Fattah El Sisi met Sunday with visiting CEO of Vodafone Group Nick Read to discuss cooperation between the group and Egypt’s IT and communications sector. Sisi told Read that Cairo is seeking fruitful and ....

  • Vietnamese amb.: Volume of trade between Egypt, Vietnam reached USD 491m in 2019

    Date: 2020-12-20 14:47:50 GMT - Egypt - Economy - SN:35 - ID:8719633

    ALEXANDRIA, Dec 20 (MENA) – Vietnamese Ambassador to Egypt Tran Thanh Cong said that the volume of trade between Egypt and Vietnam reached USD 491 million in 2019 including Vietnamese exports to Egypt at a cost of USD 458 million and Egyptian ....

  • Egypt's economic reforms contributed to mitigating coronavirus fallout- says report

    Date: 2020-12-20 14:16:28 GMT - Egypt - Economy - SN:33 - ID:8719523

    CAIRO, Dec 20 (MENA) - The Cabinet's Media Center has said that bold economic reforms and the well-coordinated fiscal and monetary policies implemented by the government contributed to mitigating coronavirus repercussions. Those measures, which ....

  • Poland seeks to establish industrial zone in Suez Canal corridor

    Date: 2020-12-20 11:55:58 GMT - Egypt - Economy - SN:25 - ID:8719328

    CAIRO, Dec 20 (MENA) - Egyptian Ambassador to Poland Hatem Tag el Din discussed on Sunday with Polish Deputy Foreign Minister Paweł Jabłoński ways of boosting bilateral cooperation and meetings between the Suez Canal Economic Zone and Poland's ....

  • 1st expo for technologies of vehicles conversions to natural gas set for Jan.: min.

    Date: 2020-12-20 10:50:06 GMT - Egypt - Economy - SN:19 - ID:8719203

    CAIRO, Dec 20 (MENA) - Trade and Industry Minister Neveen Gamea on Sunday said preparations are underway for organizing the first exhibition on the technology of vehicles conversion to natural gas, which is set to be launched in January under the ....

  • Balance of trade deficit down 32.4% from September 2019 -- CAPMAS

    Date: 2020-12-20 09:45:18 GMT - Egypt - Economy - SN:15 - ID:8719168

    CAIRO, Dec 20 (MENA) - The balance of trade deficit decreased by 32.4 percent to 2.7 billion dollars in September this year compared with 4 billion during the same month in 2019, according to a report by the Central Agency for Public Mobilization ....

  • Min.: Egypt's agricultural exports rise to 4.9 mn tons despite Covid-19

    Date: 2020-12-20 09:21:51 GMT - Egypt - Economy - SN:14 - ID:8719119

    CAIRO, Dec 20 (MENA) - Minister of Agriculture and Land Reclamation El Sayed el Quseir on Sunday said Egypt's agriculture exports have increased to 4.9 million tons so far, despite the outbreak of coronavirus and its impact on the global transport ....

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