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Economy
- Service : English General
- Category : Economy
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Petroleum Ministry: ECHEM sales exceed EGP 37bn in year
Date: 2024-09-22 14:08:00 GMT - Egypt - Economy - SN:36 - ID:10881090
CAIRO, Sept 22 (MENA) – The Egyptian Petrochemicals Holding Company (ECHEM) production has exceeded four million tons during the fiscal year 2023-2024, the Petroleum Ministry said in a statement Sunday. Nearly105% of the production plan has been ....
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EGX indexes post collective gains
Date: 2024-09-22 13:34:29 GMT - Egypt - Economy - SN:35 - ID:10881101
CAIRO, Sept 22 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the end of Sunday's trading session backed by purchases by Arab investment funds and Egyptian and foreign investors. The market capital gained nearly EGP 13 ....
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Industries Federation: Surge in volume of Egyptian exports increase in local production rates
Date: 2024-09-22 13:34:06 GMT - Egypt - Economy - SN:34 - ID:10881087
CAIRO, Sept 22 (MENA) - Member of the Board of Directors of the Wood and Furniture Chamber and a member of the Arab Cooperation Committee of the Federation of Industries Ala'a Nasser el-Dine said the increase in the volume of Egyptian exports to ....
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Petroleum Ministry: 4 companies refine over 15mn tons of crude oil within year
Date: 2024-09-22 13:26:00 GMT - Egypt - Economy - SN:33 - ID:10881077
CAIRO, Sept 22 (MENA) - The Suez Oil Processing Company (SOPC), Assiut National Oil Processing Company (ANOPC), Cairo Oil Refining Company (CORC) and Alexandria Petroleum Company and Alexandria Petroleum Company (APC) have refined more than 15 ....
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Laying foundation stone of "Kemedi Misr" factory in Sokhna with investments worth of dlrs 30 mn
Date: 2024-09-22 11:56:49 GMT - Egypt - Economy - SN:30 - ID:10880957
CAIRO, Sept 22 (MENA) - The Suez Canal Economic Zone (SCZONE) announced Sunday laying foundation stone for "Kemedi Misr" " chemical factory, affiliated with the Chinese "Kemedi " Group, within the scope of the Chinese industrial developer (TEDA - ....
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Public sector minister hails urban development projects across country
Date: 2024-09-22 10:18:09 GMT - Egypt - Economy - SN:27 - ID:10880775
CAIRO, Sept 22 ( MENA) - Minister of Public Business Sector Mohamed Shimi has praised national mega projects carried in Egypt during the past years. During the ninth session of the Builders of Egypt Forum held Sunday under the auspices of Prime ....
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CFI chairman: Egyptian industry has promising potentials to promote competitiveness, growth in int'l markets
Date: 2024-09-22 10:10:05 GMT - Egypt - Economy - SN:24 - ID:10880782
CAIRO, Sept 22 (MENA) - Head of Chamber of Food Industries (CFI) of the Federation of Egyptian Industries (FEI) Ashraf el-Gazairly said the Egyptian industry has promising opportunities enabling it to tap foreign markets. In his speech Sunday - ....
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Investment min. lauds fruitful partnership with int’l banks
Date: 2024-09-21 18:21:20 GMT - Egypt - Economy - SN:62 - ID:10880134
CAIRO, Sept 21 (MENA) – Investment Minister Hassan El Khatib has underscored the need to cement cooperation between the government and international banks. The minister’s remarks came on Saturday during his meetings with a number of international ....
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Egypt targets $1.5 billion of exported pharmaceuticals in 2024
Date: 2024-09-21 17:54:45 GMT - Egypt - Economy - SN:58 - ID:10880197
CAIRO, Sept 21 (MENA) - Egypt plans to increase pharmaceuticals export to $1.5 billion in 2024, compared to $1 billion in 2023, Cabinet spokesman Mohamed el-Homsani said Saturday. The target is to reach $3 billion before 2030, he added in ....
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AMOC’s profits exceeded EGP 1.2 bn in 2023 – Petroleum min.
Date: 2024-09-21 17:38:44 GMT - Egypt - Economy - SN:57 - ID:10880102
CAIRO, Sept 21 (MENA) – Net profits of Alexandria Mineral Oils Co. (AMOC) hit EGP1.275 billion in 2023; an increase of EGP210 million compared with the previous year. These figures were announced on Saturday during a meeting of the company’s ....
