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Economy
- Service : English General
- Category : Economy
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PM: Ministerial economic group to draw up policies to curb inflation, ease price pressures
Date: 2024-08-07 19:27:48 GMT - Egypt - Economy - SN:71 - ID:10820144
NEW ALAMEIN, Aug 7 (MENA) - Prime Minister Mostafa Madbouli said the cabinet's Ministerial Economic Group (MEG) puts inflation on top of agenda by adopting a set of policies to curb it in such a manner that helps ease price pressures on ....
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Housing Ministry, global Siemens in talks over smart systems in new cities
Date: 2024-08-07 18:34:31 GMT - Egypt - Economy - SN:66 - ID:10819129
CAIRO, Aug 7 (MENA) - Deputy Housing Minister Sayed Ismail underlined the importance of holding coordinating meetings to secure the ministry's goals in using smart systems and sustainable solutions in order to offer high-quality services in the new ....
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Beltone: Egypt has sufficient cash reserves to cover financing needs
Date: 2024-08-07 16:28:57 GMT - Egypt - Economy - SN:57 - ID:10820044
CAIRO, Aug (MENA) - Beltone Holding Company said on Wednesday that Egypt has cash reserves enough to cover its financing needs that are estimated at 39 billion dollars in the coming fiscal year with total inflows worth 33 billion dollars. In a ....
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Egypt seeks to implement oil, gas projects in Iraq
Date: 2024-08-07 14:59:23 GMT - Egypt - Economy - SN:53 - ID:10819776
CAIRO, Aug 7 (MENA) - Petroleum Minister Karim Badawy met Wednesday with newly appointed Iraqi Ambassador in Cairo Qahtan Taha Khalaf to discuss means of boosting cooperation in the fields of oil and gas. The meeting took up the contribution of ....
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Egypt best investment destination in North Africa in 2024
Date: 2024-08-07 13:45:39 GMT - Seychelles - Economy - SN:47 - ID:10819612
VICTORIA, Aug 7 (MENA) - Egypt is among the top investment destinations in Africa, coming first of all North African states, according to a report by Business Insider (BI). The list of top investment destinations also includes Morocco, Tunisia ....
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FM, Samsung Electronics Egypt CEO review incentives for foreign investors
Date: 2024-08-07 12:32:54 GMT - Egypt - Economy - SN:42 - ID:10819477
CAIRO, Aug 7 (MENA) - Foreign Minister Badr Abdelatty had talks on Wednesday with Chairman of Samsung Electronics-Egypt Jun Su Jung on economic policies for securing incentives and guarantees for foreign investors. The talks tackled increasing ....
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CBE: Remittances of expats hit dlrs 2.6bn in June 2024
Date: 2024-08-07 11:51:38 GMT - Egypt - Economy - SN:39 - ID:10819356
CAIRO, Aug 7 (MENA) - The Central Bank of Egypt (CBE) said on Wednesday that remittances of Egyptians abroad recorded an increase of some 2.6 billion dollars during June 2024 - up 65.5% in June 2023. In a statement, the CBE said expat remittances ....
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Investment, electricity ministers keen to lure more investments to energy sector
Date: 2024-08-07 11:46:46 GMT - Egypt - Economy - SN:38 - ID:10819351
CAIRO, Aug 7 (MENA) – Investment Minister Hassan el-Khateeb and Minister of Electricity Mahmoud Esmat said Wednesday they are keen on providing all kind of support for Egyptian and foreign companies alike. A statement by the Investment Ministry, ....
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Electricity Ministry seeks to enhance cooperation with EIB to upgrade distribution grids
Date: 2024-08-07 10:47:48 GMT - Egypt - Economy - SN:32 - ID:10819115
CAIRO, Aug 7 (MENA) – The Electricity and Renewable Energy Ministry will cooperate with the European Investment Bank (EIB) to implement a number of projects in the coming stage. The projects will mainly be to upgrade the distribution networks ....
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Localizing manufacturing of cellular towers: AOI
Date: 2024-08-07 08:18:12 GMT - Egypt - Economy - SN:20 - ID:10818883
CAIRO, Aug 7 (MENA) - Chairman of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif asserted Wednesday keenness on localizing the technology of manufacturing cellular towers, pointing out to upgrading and developing production ....
