Economy

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  • Category : Economy
  • PM inspects major power transformers factory in 10th of Ramadan

    Date: 2024-03-30 13:33:05 GMT - Egypt - Economy - SN:29 - ID:10644038

    10TH OF RAMADAN, Egypt, March 30 (MENA) - Prime Minister Mostafa Madbouli inspected Saturday Elsewedy Electric's power transformers factory in the 10th of Ramadan City. The premier hailed the factory that contributes to manufacturing vital ....

  • Maait: We act to restore economic activity nationwide

    Date: 2024-03-30 10:48:19 GMT - Egypt - Economy - SN:17 - ID:10643688

    CAIRO, March 30 (MENA) - Finance Minister Mohamed Maait asserted that a decision by the International Monetary Fund (IMF) Board to approve an augmentation of the original program to about US$8 billion instead of US$3 billion reflects the importance ....

  • PM starts inspection tour of factories in 10th of Ramadan city

    Date: 2024-03-30 08:58:27 GMT - Egypt - Economy - SN:13 - ID:10643681

    TENTH OF RAMADAN, March 30 (MENA) - Prime Minister Mostafa Madbouli started Saturday an inspection tour of a number of factories in the 10th of Ramadan city. The premier began the tour by inspecting "Haier" factory for home appliances. ....

  • Global (1): Master the markets with the new FXGT.com Blog!

    Date: 2024-03-29 19:29:24 GMT - Seychelles - Economy - SN:53 - ID:10643461

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ =============================================================== FXGT.com has launched a new comprehensive trading blog to empower traders with market insights ....

  • Russia’s Rosatom official: Cooperation with Egypt not limited to nuclear power plant

    Date: 2024-03-29 18:34:51 GMT - Russia - Economy - SN:48 - ID:10643391

    SOCHI, March 29 (MENA) - Director of Rosatom's country office in Egypt Murad Aslanov said areas of cooperation between Egypt and the Russian nuclear company are not only limited to building of the nuclear power plant in the country, but they also ....

  • EU plans to fast-track some financial aid to Egypt in urgent funding procedure that bypasses parliamentary oversight

    Date: 2024-03-29 14:32:08 GMT - USA - Economy - SN:40 - ID:10643251

    BRUSSELS/WASHINGTON, March 29 (MENA) - European Commission President Ursula von der Leyen said the European Union (EU) intends to fast-track some of its aid money to Egypt using an urgent funding procedure that bypasses parliamentary oversight and ....

  • Planning min.: 4.2% targeted growth rate for next fiscal year

    Date: 2024-03-29 11:29:59 GMT - Egypt - Economy - SN:25 - ID:10642888

    Cairo, March 29 (MENA) - Minister of Planning and Economic Development Hala El Said has said the economic and social development plan for the fiscal year 2024/2025 targets a growth rate reaching 4.2%. Following the Council of Ministers approval ....

  • Foreign currency proceeds near EGP 7.5bn since exchange rate liberalization

    Date: 2024-03-29 09:19:31 GMT - Egypt - Economy - SN:18 - ID:10642804

    CAIRO, March 29 (MENA) - Foreign currency proceeds of exchange companies, affiliated to the National Bank of Egypt (NBE), Banque Misr and Banque du Caire, have increased to some EGP 7.555 billion since the floatation of the Egyptian pound on March ....

  • GASC contracts to purchase 35,250 metric tons of crude sunflower and soybean oil

    Date: 2024-03-28 19:11:58 GMT - Egypt - Economy - SN:62 - ID:10642405

    CAIRO, March 28 (MENA) - The General Authority for Supply Commodities (GASC), on behalf of the Ministry of Supply and Internal Trade, has contracted through an international tender to purchase 35,250 metric tons of crude sunflower and soybean ....

  • Public business sector minister: We seek to benefit from assets of subsidiaries

    Date: 2024-03-28 13:43:33 GMT - Egypt - Economy - SN:41 - ID:10642139

    CAIRO, March 28 (MENA) - Minister of Public Business Sector Mahmoud Esmat said his ministry seeks to make the best use of the assets of subsidiaries and maximize their returns, with a view to achieving sustainable development and luring further ....

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