Economy

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  • Category : Economy
  • 1st factory for biopharmaceuticals in ME region to open in Egypt in Q1 2025 - ACDIMA chief

    Date: 2024-10-23 07:12:37 GMT - Egypt - Economy - SN:10 - ID:10922485

    CAIRO, Oct 23 (MENA) - Board Chairman of the Arab Company for Drug Industries & Medical Appliances (ACDIMA) Olfat Ghorab said the first factory for making biopharmaceuticals in the Middle East region will open in Egypt in the first quarter of 2025, ....

  • Internal trade contributes to meeting local market needs: Supply min.

    Date: 2024-10-22 20:06:20 GMT - Egypt - Economy - SN:63 - ID:10922291

    CAIRO, Oct 22 (MENA) - Internal trade contributes to meeting the local market needs, said Supply and Internal Trade Minister Sherif Farouk. The minister's remarks came during his participation in a celebration held by "Talabt", a pioneering ....

  • global 1: Creative Innovation & Investment Shine On Day Two of Global Health Exhibition in Riyadh

    Date: 2024-10-22 18:44:03 GMT - Kingdom of Saudi Arabia - Economy - SN:53 - ID:10922286

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================== World class exhibitors showcase opportunities and challenges posed by frontier-pushing ....

  • Sisi's participation in BRICS summit enhances interests of Global South: Analysts

    Date: 2024-10-22 18:39:52 GMT - Russia - Economy - SN:51 - ID:10922215

    KAZAN, Russia, Oct 22 (MENA) - Egyptian President Abdel Fattah El Sisi's participation in the BRICS summit in the Russian city of Kazan that runs from Tuesday to Thursday will help enhance the development interests of the countries of the Global ....

  • IMF: Additional fees of providing loan to Egypt to be reduced by 48.4% as of Nov.

    Date: 2024-10-22 18:05:10 GMT - Egypt - Economy - SN:47 - ID:10922213

    WASHINGTON, Oct 22 (MENA) - The International Monetary Fund (IMF) said that the additional fees of providing loan to Egypt will be reduced by 48.4% as of November 1st. The IMF also announced reforms that will benefit Egypt directly, including ....

  • Efforts going on to control markets, commodity prices

    Date: 2024-10-22 17:15:31 GMT - Egypt - Economy - SN:46 - ID:10922139

    CAIRO, Oct 22 (MENA) - Prime Minister Mostafa Madbouli affirmed efforts are going on to control the local market and commodity prices. He, meanwhile, underlined the importance of establishing more outlets to provide goods and commodities ....

  • Egypt looks forward to strengthening African financial markets to facilitate cross-border investment, says finance min.

    Date: 2024-10-22 17:13:15 GMT - USA - Economy - SN:45 - ID:10922140

    WASHINGTON/CAIRO, Oct 22 (MENA) - Finance Minister Ahmed Kouchouk said Tuesday Egypt is looking forward to enhancing African financial markets to facilitate cross-border investment and trade flows, in addition to expanding the scope of financial ....

  • Mashat: EGP 118 bn investments in human development sector

    Date: 2024-10-22 15:37:40 GMT - Egypt - Economy - SN:43 - ID:10921997

    CAIRO, Oct 22 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania Mashat said a total of EGP 118 billion investments have been allocated for the human development sector. The current portfolio of soft financing ....

  • IMF expects improvement in Egyptian economic indices in 2025

    Date: 2024-10-22 15:35:50 GMT - Egypt - Economy - SN:41 - ID:10921917

    WASHINGTON, Oct 22 (MENA) - The International Monetary Fund (IMF) expected an improvement in the Egyptian economy with the Gross Domestic Products (GDP) forcast to up from 2.7% in 2024 to 4.1% in 2025. The inflation rate in Egypt is expected to ....

  • Mashat participates in 2024 Annual Meetings of the World Bank Group in Washington

    Date: 2024-10-22 13:51:26 GMT - USA - Economy - SN:37 - ID:10921731

    CAIRO, Oct 22 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania Mashat participates in the 2024 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, held from ....

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