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Economy
- Service : English General
- Category : Economy
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WB expects Egypt's economy to grow by 4.2% in FY 2024/25
Date: 2024-06-11 19:36:16 GMT - USA - Economy - SN:82 - ID:10744611
WASHINGTON, June 11 (MENA) - The World Bank (WB) expects Egypt's economic growth to reach 4.2 percent in the FY 2024-2025, propelled by investment growth partly spurred by a large-scale deal with the United Arab Emirates. In its global economic ....
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GASC buys 460,000 tons of Bulgarian, Romanian, Ukrainian wheat
Date: 2024-06-11 19:08:56 GMT - Egypt - Economy - SN:79 - ID:10744723
CAIRO, June 11 (MENA) - The General Authority for Supply Commodities (GASC) has signed contracts to purchase 460,000 tons of Bulgarian, Romanian and Ukrainian wheat through an international tender. In a statement released on Tuesday, the ....
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CAPMAS: Egyptian-Jordanian trade exchange hits dlrs864m in 2023
Date: 2024-06-11 14:29:43 GMT - Egypt - Economy - SN:55 - ID:10744189
CAIRO, June 11 (MENA) – The volume of trade exchange between Egypt and Jordan reached dlrs864 million in 2023 against dlrs990 million in 2022. In a statement on Tuesday, the Central Agency for Public Mobilization and Statistics (CAPMAS) said that ....
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NDB: Egypt joining NDB enhances prospects of cooperation with developing countries
Date: 2024-06-11 13:46:07 GMT - Egypt - Economy - SN:44 - ID:10743953
CAIRO, June 11 (MENA) - President of the New Development Bank President (NDB) Dilma Rousseff said having Egypt joined the bank enhances the NDP's main aspects of the Bank's planning concept meant to focus on promoting cooperation with developing ....
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EFG Hermes Beyout Investment Group’s deal completes on Kuwait Stock Exchange for USD 147M
Date: 2024-06-11 13:26:51 GMT - Egypt - Economy - SN:42 - ID:10743947
CAIRO, June 11 (MENA) – EFG Hermes completed advisory on Beyout Investment Group’s USD 147 Million Listing on Boursa Kuwait’s Premier Market. EFG Hermes was appointed as the Joint Global Coordinator and Joint Bookrunner for Beyout Investment ....
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Maait: EGP 822bn surplus in state budget in 11 months
Date: 2024-06-11 13:25:58 GMT - Egypt - Economy - SN:41 - ID:10744015
CAIRO, June 11 (MENA) - Finance Minister Mohamed Maait said the primary surplus of the state budget from July 2023 to May 2024 stood at EGP 822 billion, representing 5.87 percent of the Gross Domestic Product (GDP) instead of 1.15 percent in the ....
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Petroleum min., Japanese amb. discuss arrangements for Arab-Japan Economic Forum
Date: 2024-06-11 12:40:47 GMT - Egypt - Economy - SN:34 - ID:10743710
CAIRO, June 11 (MENA) - Minister of Petroleum and Mineral Resources, Tarek el-Molla discussed with Japanese ambassador in Cairo Oka Hiroshi ongoing arrangements for Arab-Japan Economic Forum, set for the Japanese capital, Tokyo, on July 10. In ....
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Transport minister: Full-fledged plan to support transport industry locally under Sisi's directives
Date: 2024-06-11 12:40:00 GMT - Egypt - Economy - SN:33 - ID:10743652
ASWAN, Egypt, June 11 (MENA) - Egypt is implementing a full-fledged plan to support transport industry locally in line with the directives of President Abdel Fattah El Sisi, said Minister of Transport Kamel El Wazir Tuesday. During a tour to ....
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Egypt's food exports rise to dlrs 2.1 bn in first four months of 2024 - report
Date: 2024-06-11 12:04:15 GMT - Egypt - Economy - SN:30 - ID:10743605
CAIRO, June 11 (MENA) - The Food Export Council said exports of the Egyptian food industry increased by 34 percent in the first four months of 2024, recording 2.1 billion dollars against 1.6 billion dollars in the corresponding period in 2023. In ....
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PM: NDB seminar key opportunity for highlighting Egypt's development efforts
Date: 2024-06-11 11:54:04 GMT - Egypt - Economy - SN:28 - ID:10743543
NEW ADMINSTRATIVE CAPITAL, Egypt, June 11 (MENA) - Prime Minister Moustafa Madbouli said that the inaugural seminar of the New Development Bank (NDB) represents a key opportunity to highlight Egypt's development initiatives and efforts. He added ....
