Economy

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  • Category : Economy
  • Egypt plan to attract Belgium clean energy firms

    Date: 2024-05-26 14:05:16 GMT - Egypt - Economy - SN:29 - ID:10721596

    CAIRO, May 26 (MENA) - Egypt and Belgium mulled Sunday ways to attract more investments in the fields of clean energy and green hydrogen production. Minister of Electricity and Renewable Energy Mohamed Shaker met Sunday with Belgian Ambassador in ....

  • Egypt's Real GDP predicted to hit %4.2 in 2024/2025 - Minister

    Date: 2024-05-26 13:42:35 GMT - Egypt - Economy - SN:24 - ID:10721564

    CAIRO, May 26 (MENA) - Egypt's 2024/2025 economic and social development plan aims to raise the real economic growth rate (Real GDP) to 4.2% compared to the expected 2.9% in 2023/2024, Minister of Planning and Economic Development Hala el Saeed told ....

  • Int'l cooperation minister says debt swap program aims to alleviate burden on govt

    Date: 2024-05-26 11:50:33 GMT - Egypt - Economy - SN:19 - ID:10721353

    CAIRO, May 26 (MENA) – International Cooperation Minister Rania el Mashaat has stressed the importance of a debt swap program being implemented with Italy, noting that many partners are seeking to simulate it. The program is meant to alleviate ....

  • GAFI reviews cooperation opportunities between Egypt, Netherlands in green hydrogen field

    Date: 2024-05-26 11:22:10 GMT - Egypt - Economy - SN:17 - ID:10721350

    CAIRO, May 26 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba, affirmed Egypt's commitment to achieving its climate goals, foremost among them the expansion of reliance on green hydrogen, reviewing the ....

  • UDF contributes to establishment of craftsmen neighborhood, says minister

    Date: 2024-05-26 10:22:42 GMT - Egypt - Economy - SN:13 - ID:10721139

    CAIRO, May 26 (MENA) – Trade and Industry Minister Ahmed Samir said Sunday that the Urban Development Fund (UDF) had contributed to the establishment of a craftsmen neighborhood in Monshaat Nasser. Extending over 60 feddans, the area includes 905 ....

  • Dollar exchange rate stable in beginning of weekly transactions

    Date: 2024-05-26 09:36:11 GMT - Egypt - Economy - SN:10 - ID:10721135

    CAIRO, May 26 (MENA) - The dollar exchange rate registered EGP 47.10 for buying and EGP 47.20 for selling in the beginning of weekly transactions Sunday at the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank ....

  • 250,000 tons of raw sugar bought for boosting national strategic reserve: Supply Min.

    Date: 2024-05-25 19:23:13 GMT - Egypt - Economy - SN:64 - ID:10720632

    CAIRO, May 25 (MENA) - General Authority For Supply Commodities (GASC) bought 250,000 tons of raw sugar in September and October to boost the national strategic reserve, Ministry of Supply and Internal Trade said on Saturday. In a statement, the ....

  • New expansions in refineries to increase production, link depots digitally: Petroleum min.

    Date: 2024-05-25 13:16:25 GMT - Egypt - Economy - SN:32 - ID:10720236

    CAIRO, May 25 (MENA) – Petroleum Minister Tarek el Mulla asserted that the strategy of the petroleum sector prioritizes applying digital transition programs as part of the project of developing and upgrading the sector that started in 2016. Using ....

  • Trade ministry denies suspending release of personal-use vehicles

    Date: 2024-05-24 20:12:11 GMT - Egypt - Economy - SN:53 - ID:10719434

    CAIRO, May 24 (MENA) - The Ministry of Trade and Industry on Friday refuted reports claiming that a ministerial decision has suspended the release of cars imported for personal use for three months. In a statement, the ministry described such ....

  • Postal network available for private firms - Egypt Post

    Date: 2024-05-24 17:57:57 GMT - Egypt - Economy - SN:42 - ID:10719403

    CAIRO, May 24 (MENA) - Egypt Post, as the competent authority granting licenses to operate in the postal sector in Egypt, provides full support to all licensed companies. This includes making available the postal network owned by the Egypt Post, ....

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