Economy

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  • Category : Economy
  • Dollar exchange rate declines at end of Monday's transactions

    Date: 2024-07-15 15:25:47 GMT - Egypt - Economy - SN:40 - ID:10786692

    CAIRO, July 15 (MENA) - The dollar exchange rate inched down to be traded at EGP 47.75 for buying and EGP 47.85 for selling during Monday's transactions at Egypt's major banks. At Banque Misr, the dollar rate registered EGP 47.84 for buying and ....

  • Egypt's bourse shows mixed performance at close of Monday's trading

    Date: 2024-07-15 14:55:28 GMT - Egypt - Economy - SN:39 - ID:10786748

    CAIRO, July 15 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Monday's trading. The market is awaiting the results of a meeting of the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) to ....

  • PM chairs 1st meeting of Ministerial Group for Industrial Development

    Date: 2024-07-15 14:10:40 GMT - Egypt - Economy - SN:35 - ID:10786595

    CAIRO, July 15 (MENA) - Prime Minister Mostafa Madbouli asserted the Ministerial Group for Industrial Development is getting a greater interest as President Abdel Fattah El Sisi is prioritizing the nation's industry file. Madbouli pointed out to ....

  • PM: We could solve housing problem for nearly 7.5 million citizens in short period 2 last Cairo

    Date: 2024-07-15 11:46:04 GMT - Egypt - Economy - SN:25 - ID:10786141

    Prime Minister Mostafa Madbouli said the state acted to provide residential units for all segments in Egypt. In a word following handing over title deeds to the beneficiaries of the project, Madbouli said the venture includes 100,000 housing ....

  • Cooperation agreement signed between Benha Electronics Co., France's Thales

    Date: 2024-07-15 10:31:10 GMT - Egypt - Economy - SN:21 - ID:10786189

    CAIRO, July 15 (MENA) - Minister of State for Military Production Mohamed Salah Eddin Mostafa attended on Monday the signing of a cooperation agreement between Benha Electronics Co. (Military Factory 144) and French company Thales. The signing ....

  • Egypt targets gold production of 800,000 ounces in 2030, says minister

    Date: 2024-07-14 20:59:13 GMT - Egypt - Economy - SN:78 - ID:10785538

    CAIRO, July 14 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi said the volume of Egypt’s gold production in the 2023-2024 fiscal year reached 559,000 ounces, noting that the country aims to increase it to 800,000 ounces in ....

  • Foundation stone laid for $70m Chinese textile factory in Ismailia: SCZONE

    Date: 2024-07-14 20:14:43 GMT - Egypt - Economy - SN:75 - ID:10785537

    ISMAILIA, Egypt, July 14 (MENA) - The Suez Canal Economic Zone (SCZONE) said the 'Zhejiang Hengsheng' Chinese company, involved in dyeing, processing, and printing fabrics and textiles, laid the foundation stone of new factory on a land affiliated ....

  • Egyptian-Serbian Businessmen Forum establishes new phase … - 2 last Cairo

    Date: 2024-07-14 20:10:05 GMT - Egypt - Economy - SN:73 - ID:10785630

    Minister of Investment and Foreign Trade Hassan el Khatib said Egypt-Serbia trade exchange increased to nearly $125 million in 2023 from $108 million in 2022 despite global challenges. “We attach great importance to strengthening trade relations ....

  • Egyptian-Serbian Businessmen Forum establishes new phase of economic, investment cooperation: govt officials

    Date: 2024-07-14 19:35:56 GMT - Egypt - Economy - SN:66 - ID:10785534

    CAIRO, July 14 (MENA) - The Egyptian-Serbian Businessmen Forum, held with wide participation from both countries’ ministers as well as representatives of companies and chambers of commerce, establishes a new phase of wide-ranging economic, ....

  • PM issues decree for establishing economic ministerial group

    Date: 2024-07-14 19:19:14 GMT - Egypt - Economy - SN:64 - ID:10785209

    CAIRO, July 14 (MENA) - Prime Minister Mostafa Madbouli on Sunday issued a decree to set up an economic ministerial group, under his chairmanship The decree outlined the group’s functions. According to it, the group members will include the ....

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