Economy

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  • Category : Economy
  • Egypt purchases 120,000 tons of Ukrainian wheat

    Date: 2024-04-16 18:11:18 GMT - Egypt - Economy - SN:57 - ID:10664624

    CAIRO, April 16 (MENA) - The General Authority for Supply Commodities (GASC) has signed a contract to buy 120,000 tons of Ukrainian wheat through an international tender. The move is part of GASC's strategy to augment its stock of basic ....

  • IMF raises expectations for Egyptian economy growth in 2025

    Date: 2024-04-16 16:05:43 GMT - Egypt - Economy - SN:48 - ID:10664336

    WASHINGTON, April 16 (MENA) - The International Monetary Fund (IMF) raised its growth forecast for the Egyptian economy to 4.4% in 2025 against 3%. In the Global Growth Prospects issued Tuesday, the IMF expected the inflation rate to decrease to ....

  • IMF expects global inflation to decline to 5.9%

    Date: 2024-04-16 15:55:54 GMT - Egypt - Economy - SN:45 - ID:10664340

    WASHINGTON, April 16 (MENA) - The International Monetary Fund (IMF) Tuesday said global inflation would decline from an annual average of 6.8% in 2023 to 5.9% in 2024 and 4.5% in 2025, with advanced economies returning to the inflation targets they ....

  • FEC: Digital platform for food exports created

    Date: 2024-04-16 14:17:50 GMT - Egypt - Economy - SN:39 - ID:10664165

    CAIRO, April 16 (MENA) - The Food Export Council (FEC) said Tuesday a digital platform for e-commerce is being established to develop Egyptian food exports in cooperation with Distichain, a company providing digital transformation and information ....

  • Bourse indexes show mixed performance

    Date: 2024-04-16 13:53:26 GMT - Egypt - Economy - SN:37 - ID:10664148

    CAIRO, April 16 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of Tuesday's trading session, backed by purchases by local institutions and investment funds, against sales by Arab and foreign institutions, as well as ....

  • World Bank supports Solidarity & Dignity programme with USD 1.4 bln: Mashaat

    Date: 2024-04-16 13:53:04 GMT - USA - Economy - SN:36 - ID:10664127

    WASHINGTON, April 16 (MENA) - Minister of International Cooperation Rania el Mashaat said Tuesday the World Bank Group supports the first and second phases of Egypt's Takaful and Karama, or Solidarity and Dignity, social protection programme with ....

  • Chamber of commerce in Alex, UNIDO review establishing entrepreneurship center

    Date: 2024-04-16 12:54:44 GMT - Egypt - Economy - SN:34 - ID:10663992

    ALEXANDRIA, Egypt, April 16 (MENA) - Chairman of the Egyptian Chamber of Commerce in Alexandria Ahmed Wakil said the chamber launched several initiatives in the field of entrepreneurship within the framework of European Union projects with major ....

  • Egypt's food industries exports exceed dlrs one billion in first two months of 2024

    Date: 2024-04-16 12:53:59 GMT - Egypt - Economy - SN:33 - ID:10664064

    CAIRO, April 16 (MENA) - Egyptian food industries exports increased by about 35% in the first two months of 2024, reaching dlrs 1.019 billion compared to exports during the same period in 2023, which were approximately dlrs 755 million, marking the ....

  • Planning min. participates in World Bank/IMF spring meetings

    Date: 2024-04-16 12:26:13 GMT - Egypt - Economy - SN:32 - ID:10663990

    WASHINGTON, April 16 (MENA) - Planning Minister Hala Saeed - who doubles as the Chairperson of the Sovereign Fund of Egypt - participated in the spring meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington which ....

  • Maait takes part in Healthcare Financing Forum in Washington

    Date: 2024-04-16 11:40:33 GMT - Egypt - Economy - SN:28 - ID:10663860

    CAIRO, April 16 (MENA) - Minister of Finance and Chairman of the General Authority for Comprehensive Health Insurance Mohamed Maait is to participate Tuesday, in the "Healthcare Financing" forum held by the World Bank under the title "Investing in ....

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