Economy - Welcome to Middle East News Agency

MENA launches new economic news service

Date: 2024-06-01 16:54:47 GMT - Egypt - Economy - SN:32 - ID:10729656

CAIRO, June 1 (MENA) - The Middle East News Agency (MENA) will launch a new news service, "Economy and Business" bulletin, to highlight the key role played by the private sector and its institutions to buttress the national economy in various ....

EgyptAir to operate 25 flights to transport pilgrims to Holy Lands Sunday

Date: 2024-06-01 15:18:51 GMT - Egypt - Economy - SN:46 - ID:10729730

CAIRO, June 1 (MENA) - EgyptAir will operate 25 flights Sunday in continuation of an air bridge it is operating to transport pilgrims to the Holy Lands in Saudi Arabia. In a statement Saturday, the national carrier said that 20 pilgrim flights ....

Petroleum min. launches pilot operation of expanded oil refinery of Nasr Petroleum Company

Date: 2024-06-01 14:47:32 GMT - Egypt - Economy - SN:43 - ID:10729584

CAIRO, June 1 (MENA) - Petroleum and Mineral Resources Minister Tarek el Mulla launched on Saturday the pilot operation of the expanded oil refinery of Nasr Petroleum Company in Suez at EGP 2 billion investments to magnify high-quality petroleum ....

Petroleum min.: support is growing for expansion of NGVs services

Date: 2024-06-01 13:33:37 GMT - Egypt - Economy - SN:36 - ID:10729367

CAIRO, June 1 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla has affirmed the growing presidential and governmental support for plans to expand natural gas vehicles (NGVs) services. The aim is to overcome obstacles and ....

System of allocating land plots for those paying in US dollar to be suspended as of June: min.

Date: 2024-06-01 12:12:10 GMT - Egypt - Economy - SN:29 - ID:10729408

CAIRO, June 1 (MENA) – Housing and Urban Communities Minister Assem el Gazar announced that the New Urban Communities Authority (NUCA) will suspend the system of land allocation for those paying in the US dollar from abroad as of June 2024. In a ....

CPA: Application of 'Price Radar' helps control markets

Date: 2024-06-01 11:11:15 GMT - Egypt - Economy - SN:26 - ID:10729267

CAIRO, June 1 (MENA) - Spokesman for the Consumer Protection Agency (CPA) Islam el Gazzar asserted the application of "Price Radar" is mainly helping control prices of different goods in markets and boost the competitive edge. The application, ....

IT sector witnessed unprecedented leap in Sisi era: FEDCOC official to MENA

Date: 2024-06-01 11:05:46 GMT - Jordan - Economy - SN:25 - ID:10729283

AMMAN, June 1 (MENA) – First Deputy Chairman of the Federation of Egyptian Chambers of Commerce (FEDCOC) Hany Mahmoud lauded the level of progress in the sector of communications and IT in Egypt, asserting that the sector witnessed an unprecedented ....

Petroleum minister, Suez governor open petrol, gas stations

Date: 2024-06-01 10:56:11 GMT - Egypt - Economy - SN:24 - ID:10729263

SUEZ, Egypt, June 1 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla and Suez Governor Abdel-Maguid Saqr on Saturday inaugurated the integrated Gastec Egypt and Gastec stations in the governorate. The first fueling station ....

Nasser Social Bank succeeds to increase wallet of retail banking finance to EGP 50bln: min.

Date: 2024-06-01 10:46:21 GMT - Egypt - Economy - SN:22 - ID:10729265

CAIRO, June 1 (MENA) – Minister of Social Solidarity and Board Chairman of Nasser Social Bank Nivine el Kabbag said that the bank succeeded in increasing the wallet of the retail banking finance to EGP 50 billion in the form of personal finance, ....

PM follows up efforts to support participation of private sector in renewable energy production

Date: 2024-06-01 08:43:05 GMT - Egypt - Economy - SN:12 - ID:10729236

CAIRO, June 1 (MENA) - Prime Minister Mostafa Madbouli received on Saturday a report from Minister of Electricity and Renewable Energy Mohamed Shaker on the ministry's efforts to support and promote the participation of the private sector in ....