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Economy
- Service : English General
- Category : Economy
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FEC says food exports to Canada reach $5.8mn in Q1 of 2024
Date: 2024-05-22 18:41:29 GMT - Egypt - Economy - SN:69 - ID:10717070
CAIRO, May 22 (MENA) - The Food Export Council (FEC) said Wednesday that the food industry sector's exports to Canada increased by 4% in the first quarter of 2024 to reach 5.8 million dollars up from 5.6 million dollars in the same period last year. ....
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Quseir affirms importance of boosting investments of Arab Authority for Agricultural Investment in Egypt
Date: 2024-05-22 18:35:41 GMT - Egypt - Economy - SN:68 - ID:10717030
CAIRO, May 22 (MENA) - Minister of Agriculture and Land Reclamation El Sayed El Quseir has emphasized the necessity of increasing investments by the Arab Authority for Agricultural Investment and Development in Egypt; in light of the attractive ....
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Mashat congratulates BADEA on issuing 500 M Euro social bonds
Date: 2024-05-22 16:11:59 GMT - Egypt - Economy - SN:59 - ID:10716871
THE ADMINISTRATIVE CAPITAL, May 22 (MENA) - Minister of International Cooperation Rania el Mashat congratulated the senior management of the Arab Bank for Economic Development in Africa (BADEA) on the successful issuance of social bonds worth 500 ....
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Egyptian-Serbian talks on free trade deal in Cairo
Date: 2024-05-22 15:42:51 GMT - Egypt - Economy - SN:56 - ID:10716868
CAIRO, May 22 (MENA) - The Egyptian Industry Ministry announced holding Egyptian-Serbian talks in Cairo on a proposed free trade agreement between the two sides. In a statement on Wednesday, the ministry said the agreement falls within the ....
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EGX indexes show mixed performance
Date: 2024-05-22 13:35:33 GMT - Egypt - Economy - SN:46 - ID:10716575
CAIRO, May 22 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading amid sales by local and Arab investment funds and Arab and foreign investors. The market capital lost about EGP 2 billion to reach ....
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Finance min.: Sisi allocates new budget to expand comprehensive health coverage in governorates
Date: 2024-05-22 11:25:43 GMT - Egypt - Economy - SN:34 - ID:10716231
CAIRO, May 22 (MENA) - Finance Minister Mohamed Maait, the head of the Universal Health Insurance Authority (UHIA) - asserted that President Abdel Fattah El Sisi allocated a new budget to expand the comprehensive heath insurance mechanism to the ....
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Dollar exchange rate stable at start of Wednesday's transactions
Date: 2024-05-22 07:33:48 GMT - Egypt - Economy - SN:13 - ID:10715798
CAIRO, May 22 (MENA) - The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB) the dollar rate registered ....
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Planning min. reviews education sector targets in upcoming FY plan
Date: 2024-05-21 20:47:40 GMT - Egypt - Economy - SN:87 - ID:10715635
CAIRO, May 21 (MENA) - Planning and Economic Development Minister Hala el Said said that it is planned to reduce class density in governorates with high rates, especially in the primary education stage (53 students/class). The minister explained ....
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IMF raises growth forecast for Egyptian economy to 4.4% in 2024/2025: Planning min. to Senate
Date: 2024-05-21 20:32:15 GMT - Egypt - Economy - SN:85 - ID:10715596
CAIRO, May 21 (MENA) - The International Monetary Fund (IMF) estimates the rate of economic growth in Egypt to stand at about 4.4% during 2024/2025, said Planning and Economic Development Minister Hala el Said. This rate is higher than the ....
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Telecom Egypt partners with Huawei Cloud to host Huawei’s first public cloud in Egypt
Date: 2024-05-21 19:45:04 GMT - Egypt - Economy - SN:80 - ID:10715539
CAIRO, May 21 (MENA) - In a significant step toward accelerating Egypt's digital transformation strategy, Telecom Egypt, a leading communications and information technology service provider, and Huawei Cloud have successfully joined forces to launch ....
