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Economy
- Service : English General
- Category : Economy
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APPO, Afreximbank sign establishment agreement of AEB
Date: 2024-06-04 17:41:20 GMT - Egypt - Economy - SN:61 - ID:10734990
CAIRO, June 4 (MENA) - The African Export-Import Bank (Afreximbank) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (“AEB”) at a ....
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CBE announces increase in foreign currency reserves to dlrs 46.125 bn in May
Date: 2024-06-04 17:02:35 GMT - Egypt - Economy - SN:57 - ID:10734987
CAIRO, June 4 (MENA) - The Central Bank of Egypt (CBE) announced Tuesday an increase in the reserves of foreign currencies by about dlrs 5.075 billion. The CBE put the total reserves of foreign currencies at about dlrs 46.125 billion by the end ....
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Bourse gains EGP 12 bn, all indexes up
Date: 2024-06-04 17:01:20 GMT - Egypt - Economy - SN:56 - ID:10734986
CAIRO, June 4 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Tuesday's trading session, backed by strong purchases by local institutions and investment funds. The market capital gained about EGP 12 billion to ....
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Egypt exports of building materials hit dlrs 2.8bln in Q1 of 2024, says trade minister
Date: 2024-06-04 13:54:18 GMT - Egypt - Economy - SN:45 - ID:10734368
CAIRO, June 4 (MENA) - Minister of Trade and Industry Ahmed Samir has said that Egypt's exports of building materials exceeded 8 billion dollars in 2023 compared to about 7 billion dollars in 2022. During a meeting Tuesday with Suez governor ....
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Gov't follows up releasing goods to guarantee volume of goods available in market, providing production inputs
Date: 2024-06-04 13:00:04 GMT - Egypt - Economy - SN:37 - ID:10734211
CAIRO, June 4 (MENA) – Prime Minister Moustafa Madbouli asserted the keenness of the government on following up the release of goods held at Egyptian ports through field visits or via periodic meetings to guarantee promoting the volume of the ....
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EgyptAir, ICAO organize course
Date: 2024-06-04 11:48:11 GMT - Egypt - Economy - SN:33 - ID:10734341
CAIRO, June 4 (MENA) - EgyptAir Training Academy organized a course in collaboration with the International Civil Aviation Organization (ICAO). The A320NEO CFM LEAP 1A Engine Run-up course provides A320 Neo –CFM Leap-1A B1 certifying staff CFM ....
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State welcomes foreign investments in field of agriculture, cooperation with private sector: Agriculture min.
Date: 2024-06-04 11:46:02 GMT - Egypt - Economy - SN:29 - ID:10734115
CAIRO, June 4 (MENA) – Agriculture Minister el Sayyed el Qusair asserted that the Egyptian state welcomes the foreign investments in the field of agriculture and cooperation with the private sector, pointing out that the investment atmosphere in ....
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Finance minister says new budget to focus on health, education, social protection
Date: 2024-06-04 09:18:21 GMT - Egypt - Economy - SN:24 - ID:10734025
CAIRO, June 4 (MENA) – Finance Minister Mohamed Ma’eit said Tuesday that the 2024-2025 budget will mainly be allocated for human development in terms of health and education. This is part of a strategy meant to build Egyptian citizens and ....
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PM says keen on successful gold investment funds
Date: 2024-06-04 07:48:54 GMT - Egypt - Economy - SN:17 - ID:10733883
CAIRO, June 4 (MENA) – Prime Minister Moustafa Madbouli said Tuesday that his government is keen on rendering the Egyptian experiment with gold investment funds successful. A legislative framework is needed to regulate those funds in a way that ....
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Petroleum Ministry endorses action plan of "Abu Marwat Gold Mines" in Eastern Desert
Date: 2024-06-04 07:37:18 GMT - Egypt - Economy - SN:16 - ID:10733890
CAIRO, June 4 (MENA) - Petroleum and Mineral Resources Minister Tareq el-Mulla witnessed the convening of the founding assembly of the "Abu Marwat Gold Mines" Company. It is a joint company between the Egyptian Mineral Resources Authority (EMRA) ....
