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Economy
- Service : English General
- Category : Economy
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
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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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Int'l cooperation min. named vice-chair of EBRD annual meetings
Date: 2024-05-14 11:25:03 GMT - Egypt - Economy - SN:28 - ID:10704436
YEREVAN, May 14 (MENA) - Minister of International Cooperation and Governor of Egypt at the European Bank for Reconstruction and Development (EBRD) Rania al Mashat, has been chosen for the first time ever as vice-chair of the EBRD meetings in the ....
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IDSC: Egypt is magnet for global household appliances market
Date: 2024-05-14 11:17:57 GMT - Egypt - Economy - SN:26 - ID:10704440
CAIRO, May 14 (MENA) - The Information and Decision Support Center (IDCS) of the Egyptian cabinet has affirmed that the global household appliances market reached approximately $708.2 billion in 2023, and is expected to reach $742.6 billion in 2024 ....
