Economy

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  • Category : Economy
  • Planning minister discusses cooperation files with World Bank director

    Date: 2024-12-23 10:35:40 GMT - Egypt - Economy - SN:15 - ID:11001952

    CAIRO, Dec 23 (MENA) – Planning and international Cooperation Minister Rania el-Mashat met Monday with the World Bank’s Country Director for Egypt, Yemen and Djibouti Stephane Guimbert to discuss future cooperation projects. Mashat stressed the ....

  • TV BRICS: Venezuela leads Latin America in economic growth in 2024

    Date: 2024-12-23 09:01:08 GMT - Venezuela - Economy - SN:13 - ID:11001914

    CARACAS, Dec 23 (MENA) - The Economic Commission for Latin America and the Caribbean (ECLAC) reported that Venezuela leads the Latin American region in economic growth, registering a 6.2 per cent increase in gross domestic product (GDP) during 2024, ....

  • Oil prices rise amid lower US inflation data

    Date: 2024-12-23 08:31:30 GMT - USA - Economy - SN:11 - ID:11001877

    WASHINGTON, Dec 23 (MENA) - Oil prices rose on Monday as lower-than-expected US inflation data revived hopes for further policy easing, Mettis Global reported. Brent crude futures for February rose by 0.4 percent to $73.20 a barrel, while West ....

  • 18,000 tons of goods handled at Red Sea ports

    Date: 2024-12-23 07:29:59 GMT - Egypt - Economy - SN:9 - ID:11001837

    HURGHADA, Dec 23 (MENA) - About 18,000 tons of goods were handled at the different Red Sea harbors Monday, according to the Red Sea Ports Authority (RSPA). In a statement, the RSPA said imports included 7,500 tons of goods, 660 trucks and 100 ....

  • PM: Initiative to ramp up car conversion to natural gas to be launched in 2025

    Date: 2024-12-22 17:33:24 GMT - Egypt - Economy - SN:37 - ID:11001473

    CAIRO, Dec 22 (MENA) - Prime Minister Moustafa Madbouli asserted he is regularly following up steps and measures of launching the new initiative for converting vehicles to run on natural gas, slated for 2025. Cooperation was promoted with the ....

  • PM reviews efforts to secure commodity reserves

    Date: 2024-12-22 16:05:33 GMT - Egypt - Economy - SN:31 - ID:11001404

    CAIRO, Dec 22 (MENA) – Prime Minister Mostafa Madbouli emphasized the government’s dedication to ensuring sufficient reserves of essential goods and products. This is part of coordinated efforts between the Central Bank of Egypt, the Ministry of ....

  • Planning min.: Egypt committed to defining clear guidelines for coop. with sisterly nations

    Date: 2024-12-22 14:39:07 GMT - Egypt - Economy - SN:28 - ID:11001280

    CAIRO, Dec 22 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania al Mashat Sunday said that Egypt is keen on outlining clear frameworks of bilateral cooperation and achieving shared interests at various levels ....

  • Stock market indices show mixed performance at close of trading

    Date: 2024-12-22 14:22:21 GMT - Egypt - Economy - SN:26 - ID:11001251

    CAIRO, Dec 22 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at close of Sunday's trading amid selling operations by institutions, local and Arab investment funds and Arab individual investors, while the transactions of foreign ....

  • Madbouli: We are keen on competition protection to support competition protection policies

    Date: 2024-12-22 12:29:36 GMT - Egypt - Economy - SN:21 - ID:11000947

    CAIRO, Dec 22 (MENA) - Prime Minister Mostafa Madbouli stressed keenness on following up on work of the Egyptian Competition Authority (ECA), given the importance of its role in taking policies that support competition, enhancing its impact on ....

  • CBE: Egypt's banking sector resilience ensures financial stability

    Date: 2024-12-22 11:47:44 GMT - Egypt - Economy - SN:18 - ID:11000959

    CAIRO, Dec 22 (MENA) - Governor of the Central Bank of Egypt (CBE) Hassan Abdullah Sunday affirmed the resilience of the Egyptian banking sector in the face of various risks and the effectiveness of the CBE's macroprudential policies in promoting ....

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