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Economy
- Service : English General
- Category : Economy
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PM follows up on steps to augment fuel stockpiles needed for operating power plants
Date: 2024-07-14 18:58:41 GMT - Egypt - Economy - SN:62 - ID:10785458
CAIRO, July 14 (MENA) - Prime Minister Mostafa Madbouly chaired a meeting Sunday to follow up on the status of building the strategic fuel stockpile necessary for operating power plants. The meeting is part of the government's plan to end power ....
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PM reviews efforts to address drug shortages
Date: 2024-07-14 17:46:35 GMT - Egypt - Economy - SN:58 - ID:10785498
CAIRO, July 14 (MENA) - Prime Minister Mostafa Madbouli asserted the necessity of intensifying work to solve the drug shortages problem in the domestic market. Many complaints were made in this regard, he said, adding efforts will concentrate on ....
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Free trade agreement with Serbia to double trade exchange - PM
Date: 2024-07-14 16:46:26 GMT - Egypt - Economy - SN:55 - ID:10785402
CAIRO, July 14 (MENA) - Prime Minister Mostafa Madbouli stated on Sunday that the free trade agreement between Egypt and Serbia is anticipated to double the current trade exchange between the two countries. Currently, the trade volume stands at ....
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Egypt, UAE to launch comprehensive plan for integrating renewable energy
Date: 2024-07-14 16:30:44 GMT - Egypt - Economy - SN:54 - ID:10785334
CAIRO, July 14 (MENA) - Prime Minister Mostafa Madbouli and UAE Minister of Industry and Advanced Technology Sultan Al Jaber have agreed to develop a comprehensive plan to integrate a significant amount of new and renewable energy into Egypt's ....
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Slight decline in bourse indexes at close of Sunday's transactions
Date: 2024-07-14 12:30:44 GMT - Egypt - Economy - SN:39 - ID:10784979
CAIRO, July 14 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Sunday trading, amid sales operations by investors. The market capital lost EGP 8 billion to register EGP 1.902 trillion after transactions totaled ....
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Oil Minister: We target drilling of 110 exploratory wells with dlrs 1.2 bn investments during 2024/2025
Date: 2024-07-14 12:03:57 GMT - Egypt - Economy - SN:36 - ID:10784902
CAIRO, July 14 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi stated that the ministry's goal is to drill 110 exploratory wells for gas and oil with a total investment of dlrs 1.2 billion during fiscal year 2024-2025, as well as ....
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Egypt first investment destination in Africa for 2nd year - UNCTAD
Date: 2024-07-14 09:39:45 GMT - Egypt - Economy - SN:28 - ID:10784543
CAIRO, July 14 (MENA) - The media center of the cabinet highlighted on Sunday Egypt's tireless efforts to adapt with the repercussions of consecutive global crises, lure more investments, improve national economy's competitiveness, boost its ....
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State working for making optimum use of vacant land, old buildings for higher yield: Finance ministry
Date: 2024-07-13 17:51:19 GMT - Egypt - Economy - SN:66 - ID:10783917
CAIRO, July 13 (MENA) - The Ministry of Finance does not plan to offer the country's productive assets for sale, rather it is working for making the optimum use of its affiliated vacant land and old buildings for higher yield, the ministry's media ....
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Wazir urges leveraging IDA's role in stimulating industrial investments
Date: 2024-07-13 14:45:31 GMT - Egypt - Economy - SN:47 - ID:10783480
CAIRO, July 13 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Transport and Industry Kamel El Wazir asserted the importance of leveraging the role the Industrial Development Authority (IDA) in implementing the industrial ....
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Mashat inks 3 MoUs for economic development expertise-sharing with China
Date: 2024-07-13 14:09:00 GMT - Egypt - Economy - SN:42 - ID:10783484
BEIJING, July 13 (MENA) – Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat has signed three memorandums of understanding (MoUs) with the vice of chairman of China's National Development and Reform Commission ....
