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Economy
- Service : English General
- Category : Economy
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Fitch Ratings upgrades Egypt's outlook to positive thanks to tangible economic progress
Date: 2024-05-04 10:31:41 GMT - Egypt - Economy - SN:26 - ID:10690540
CAIRO, May 4 (MENA) – Fitch Ratings has upgraded Egypt's outlook from stable to positive thanks to tangible economic progress, luring large foreign investments, and growing private sector contribution to the development drive, according to a MENA ....
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Health minister urges boosting cooperation with international entities
Date: 2024-05-03 17:43:12 GMT - Egypt - Economy - SN:45 - ID:10689923
CAIRO, May 3 (MENA) - Minister of Health and Population Khaled Abdel Ghaffar on Friday emphasized the importance of boosting cooperation with various international entities to expand pharmaceutical manufacturing and exchange expertise and insights ....
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Exchange firms attract foreign currency worth nearly EGP12.3b since March – Officials
Date: 2024-05-03 08:27:25 GMT - Egypt - Economy - SN:15 - ID:10689231
CAIRO, May 3 (MENA) – The National Bank of Egypt’s Al-Ahly Exchange, Banque Misr’s Misr Exchange and Banque du Caire’s Cairo Exchange have managed to attract foreign currency at a total sum of EGP12.386 billion since March 6. Abdel Mageed Mohi ....
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Agriculture min. confers with Int'l Dates Council chief on maximizing Egypt's resources
Date: 2024-05-02 17:36:13 GMT - Kingdom of Saudi Arabia - Economy - SN:64 - ID:10688638
CAIRO/RIYADH, May 2 (MENA) - Minister of Agriculture and Land Reclamation El Sayyed El-Quseir conferred on Thursday with Executive Director of the International Dates Council Abdel Rahman Al-Habib on mutual cooperation and maximizing Egypt's ....
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EGAS says it reached deal with Norway's Höegh LNG to rent floating regasification unit
Date: 2024-05-02 15:44:19 GMT - Egypt - Economy - SN:61 - ID:10688725
CAIRO, May 2 (MENA) - Egypt's Natural Gas Holding Company (EGAS) announced that it has reached a deal with Norway's Höegh LNG for the rental of the Floating Storage and Regasification Unit (FSRU) Hoegh Galleon. According to a press release by the ....
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PM directs to hold community dialogue on Egypt's tax policy document for 2024-2030
Date: 2024-05-02 15:23:04 GMT - Egypt - Economy - SN:60 - ID:10688641
CAIRO, May 2 (MENA) - Prime Minister Mostafa Madbouli issued directives to hold a community dialogue on Egypt's tax policy document for 2024-2030. Madbouli's directives came during a meeting that he held on Thursday with Finance Minister Mohamed ....
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Ibda: Direct industrial investment fund aims to reduce import bill
Date: 2024-05-02 13:04:14 GMT - Egypt - Economy - SN:50 - ID:10688362
CAIRO, May 2 (MENA) - The National Initiative for the Development of Egyptian Industry (Ibda) said Thursday the launch of the “Nile Industrial Investment Fund,” as the first specialized industrial investment fund for investment in all industrial ....
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Egypt’s trade balance deficit up to 2.73bn in February 2024
Date: 2024-05-02 12:52:41 GMT - Egypt - Economy - SN:48 - ID:10688480
CAIRO, May 2 (MENA) - Egypt’s trade balance deficit increased to $2.73 billion in February 2024, compared to $2.71 billion in the same month a year ago, according to a monthly bulletin issued by the Central Agency for Public Mobilization and ....
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Finance min.: Public treasury supported private funds' workers with EGP 3 bln in FY2023/24
Date: 2024-05-02 12:44:48 GMT - Egypt - Economy - SN:47 - ID:10688332
CAIRO, May 2 (MENA) - Finance Minister Mohamed Maait said the public treasury allocated nearly EGP 3 billion for supporting the salaries of workers in the private funds and accounts across different governorates in the current fiscal year (FY) ....
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Egypt bourse gains 51 billion pounds
Date: 2024-05-02 12:05:09 GMT - Egypt - Economy - SN:42 - ID:10688385
CAIRO, May 2 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by purchases by local institutions and investment funds, against sales by Arab and foreign institutions, as well as ....
