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Economy
- Service : English General
- Category : Economy
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MIH target revenues to reach EGP 62.5bn in 2024-2025, says minister
Date: 2024-10-02 09:55:40 GMT - Egypt - Economy - SN:28 - ID:10895753
CAIRO, Oct 2 (MENA) – Minister of the Public Business Sector Mohamed Shimi said Wednesday that the regular general assembly of the Metallurgical Industries Holding Co. (MIH) endorsed its draft budget estimates of the fiscal year 2024-2025. The ....
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58,000 tons of goods handled at Red Sea ports
Date: 2024-10-02 07:06:49 GMT - Egypt - Economy - SN:14 - ID:10895538
HURGHADA, Egypt, Oct 2 (MENA) - About 58,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 7,500 tons of goods, 418 trucks and 73 ....
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Oil prices up 5% after Iranian missiles fired at Israel
Date: 2024-10-01 19:21:15 GMT - USA - Economy - SN:77 - ID:10895240
NEW YORK, Oct 1 (MENA) - Oil prices jumped 5% on Tuesday evening, after Iranian missile attacks on Israel, raising concerns that rising tensions in the Middle East region could threaten international crude supplies. Iran launched dozens of ....
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CBE Governor: meeting of Arab central banks underlines their role in economic growth 2 last Cairo
Date: 2024-10-01 18:59:28 GMT - Egypt - Economy - SN:76 - ID:10895132
The CBE governor said the agenda of the 48th regular session of the Council of Governors of Arab Central Banks features many issues of common interest, which are at the forefront of the priorities of policy makers and central bank banks in the Arab ....
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Samsung to open 2nd factory in Egypt by mid-2025 - ICT minister
Date: 2024-10-01 18:54:35 GMT - Egypt - Economy - SN:75 - ID:10895140
CAIRO, Oct 1 (MENA) – Minister of Communication and Information Technology Amr Talaat said global smartphone companies have already started making their devices in Egypt, as part of ongoing efforts to entrench the local manufacturing of smartphones, ....
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Localizing automotive industry important file: PM
Date: 2024-10-01 18:32:49 GMT - Egypt - Economy - SN:70 - ID:10895016
CAIRO, Oct 1 (MENA) - Prime Minister Mostafa Madbouli said Tuesday localizing the automotive industry is one of the important files that the government is working on within the framework of various expansion plans in the industrial sector. This ....
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Gov't adopts policies to confront int'l challenges: PM
Date: 2024-10-01 18:26:43 GMT - Egypt - Economy - SN:69 - ID:10895135
CAIRO, Oct 1 (MENA) - Prime Minister Mostafa Madbouli said that Egypt with its geographical and political position is part and parcel of all regional and international interactions. The Egyptian government was keen to adopt the necessary ....
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France’s amb. to Egypt visits Schneider Electric factory
Date: 2024-10-01 18:16:45 GMT - Egypt - Economy - SN:65 - ID:10894955
CAIRO, Oct 1 (MENA) – France’s Ambassador to Egypt Éric Chevallier on Tuesday paid a visit to the factory of Schneider Electric Corporation in Cairo. The visit, which is the first for the ambassador since he assumed his post in January, is part ....
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Egypt, US discuss ways to support Egyptian civil aviation sector
Date: 2024-10-01 18:12:36 GMT - Egypt - Economy - SN:63 - ID:10895054
CAIRO, Oct 1 (MENA) - Minister of Civil Aviation Sameh el Hefny on Tuesday discussed in a meeting with US Ambassador in Cairo Herro Mustafa Garg, ways to support the Egyptian civil aviation sector. The minister highlighted the close and ....
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CBE Governor: meeting of Arab central banks underlines their role in economic growth
Date: 2024-10-01 18:06:35 GMT - Egypt - Economy - SN:61 - ID:10895131
CAIRO, Oct 1 (MENA) - Central Bank of Egypt (CBE) Governor Hassan Abdullah said the meeting of the Council of Governors of Arab Central Banks and Monetary Institutions is being given a great attention by the political leadership, given the pivotal ....
