Economy

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  • Category : Economy
  • Trade exchange between Egypt, Arab countries records dlrs 26 bn in 2023: CAPMAS

    Date: 2024-05-15 15:33:58 GMT - Egypt - Economy - SN:47 - ID:10706817

    CAIRO, May 15 (MENA) - Trade exchange between Egypt and Arab countries was estimated at 26 billion dollars in FY 2023, compared to 29.5 billion dollars in 2022, according to the Egyptian Central Agency for Public Mobilization and Statistics ....

  • SCZONE head: We are carrying out strategy for facilitating green hydrogen investment

    Date: 2024-05-15 14:24:34 GMT - Egypt - Economy - SN:43 - ID:10706627

    ROTTERDAM/CAIRO, May 15 (MENA) - Chairman of the General Authority of Suez Canal Economic Zone (SCZONE) Walid Gamaleldin said the zone is implementing an action strategy for setting the stage for more investments in green hydrogen projects. The ....

  • EGX indexes show mixed performance

    Date: 2024-05-15 14:11:45 GMT - Egypt - Economy - SN:39 - ID:10706517

    CAIRO, May 15 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading amid sales by Arab investment funds and Egyptian and Arab investors. The market capital lost EGP 2 billion to reach 1.694 trillion ....

  • MSMEDA CEO, Senegalese min. discuss boosting bilateral cooperation

    Date: 2024-05-15 14:09:29 GMT - Egypt - Economy - SN:37 - ID:10706446

    CAIRO, May 15 (MENA) - CEO of the Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) Basel Rahmi had talks on Wednesday with Senegalese Minister of Microfinance and the Social and Solidarity Economy Alioune Dione on means of ....

  • Egypt receives 2nd tranche of Ras el Hikma development deal, says PM

    Date: 2024-05-15 13:10:34 GMT - Egypt - Economy - SN:36 - ID:10706393

    CAIRO, May 15 (MENA) – Prime Minister Moustafa Madbouli said Wednesday that Egypt received 14 billion dollars from the UAE in a second installment of a deal to develop the Ras el Hikma peninsula west of Alexandria. The deal with Abu Dhabi ....

  • 10,000 tons of goods handled at Red Sea Ports

    Date: 2024-05-15 09:26:24 GMT - Egypt - Economy - SN:17 - ID:10705881

    HURGHADA, Egypt, May 15 (MENA) - About 10,000 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 the imports included 5,500 tons of goods, 387 trucks ....

  • Agricultural breakthrough under Sisi's rule enabled food security in Egypt: minister

    Date: 2024-05-14 20:08:50 GMT - Egypt - Economy - SN:65 - ID:10705505

    CAIRO, May 14 (MENA) - Minister of Agriculture and Land Reclamation El Sayed el Quseir said the State has managed to secure sufficient, healthy, and sustainable food supplies for its people, despite global economic challenges that are impacting all ....

  • Union of Chambers of Commerce keen to establish African-European chamber – Chairman

    Date: 2024-05-14 19:07:26 GMT - Egypt - Economy - SN:59 - ID:10705358

    CAIRO, May 14 (MENA) – Ahmed El Wakil, Chairman of the Union of African Chambers of Commerce, Agriculture, Industry and Professions, said there are plans afoot to establish a European-African chamber during the coming Europe-Africa summit, due to be ....

  • IFC says to invest $150 million in four projects to support economic development in Egypt, across Africa

    Date: 2024-05-14 16:10:26 GMT - Egypt - Economy - SN:48 - ID:10705138

    CAIRO, May 14 (MENA) - The International Finance Corporation (IFC) has announced a $150 million commitment to four investment and advisory projects that will support economic development in Egypt and other parts of Africa in key sectors including ....

  • All EGX indices down, benchmark falls 0.16 pct

    Date: 2024-05-14 12:59:29 GMT - Egypt - Economy - SN:37 - ID:10704900

    CAIRO, May 14 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Tuesday's trading, amid sales by local and Arab investors, institutions and investment funds. Meanwhile, purchases prevailed in transactions of foreign ....

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