Economy

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  • Category : Economy
  • Amr Talaat says communications sector grew by 16%

    Date: 2024-03-27 14:09:28 GMT - Egypt - Economy - SN:53 - ID:10640758

    CAIRO, March 27 (MENA) - Minister of Communications and Information Technology Amr Talaat said on Wednesday the communications sector grew in the past six years by 16 percent to become the highest sector achieving that growth rate during the past ....

  • Cabinet approves draft budget for FY 2024/2025

    Date: 2024-03-27 14:05:24 GMT - Egypt - Economy - SN:49 - ID:10640872

    CAIRO, March 27 (MENA) - The cabinet approved at a meeting, led by Prime Minister Mostafa Madbouli, a draft budget for Fiscal Year 2024/2025 and budgets of economic general authorities. The draft budget will be dispatched to the House of ....

  • Dollar exchange rate decline in midday trading

    Date: 2024-03-27 11:03:49 GMT - Egypt - Economy - SN:37 - ID:10640559

    CAIRO, March 27 (MENA) - The dollar exchange rate declined during today's midday trading at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar rate registered EGP 47.30 for buying and EGP 47.40 for selling. At Banque Misr, ....

  • PM witnesses inking of contract fr establishing silos factory

    Date: 2024-03-27 10:58:09 GMT - Egypt - Economy - SN:34 - ID:10640495

    CAIRO, March 27 (MENA) - Prime Minister Moustafa Madbouli witnessed on Wednesday the inking of a contract for allocating a plot of land for establishing a factory for designing, manufacturing, and setting up silos in the East Port Said zone. The ....

  • PM attends inking of deal to build flat glass plant in Sokhna

    Date: 2024-03-27 10:44:03 GMT - Egypt - Economy - SN:30 - ID:10640437

    CAIRO, March 27 (MENA) – Prime Minister Moustafa Madbouli attended the inking ceremony of a framework agreement between the Suez Canal Economic Zone (SCZONE) and Saint-Gobain Glass Egypt to establish a flat glass production plant in Ain Sokhna. ....

  • Exports of non-petroleum goods incrased in last quarter of 2023

    Date: 2024-03-27 10:25:13 GMT - Egypt - Economy - SN:28 - ID:10640404

    CAIRO, March 27 (MENA) - Cabinet's Information and Decision Support Center (IDSC) said that the volume of the exports of non-petroleum goods during the last quarter of 2023 reached 8.7 billion dollar in comparison to 8.6 billion dollar during the ....

  • IDSC reports decline in non-petroleum trade deficit by 10.6% in Q4 of 2023

    Date: 2024-03-27 09:56:17 GMT - Egypt - Economy - SN:26 - ID:10640342

    CAIRO, March 27 (MENA) - The Cabinet’s Information and Decision Support Center (IDSC) has put the value of the non-petroleum trade deficit during the fourth quarter of 2023 at dlrs 9.3 billion, down from dlrs 10.4 billion during the same period in ....

  • Exports of "printing, packing" sector increase to 156 million dollars in 1st two months of 2024

    Date: 2024-03-27 08:45:59 GMT - Egypt - Economy - SN:18 - ID:10640237

    CAIRO, March 27 (MENA) - Executive Director of the Export Council Printing, Packaging, Paper, Literary and Artistic Works Sara Ibrahim said exports of the sector increased in the 1st two months of 2024 by 12% recording dlrs 156 million, in ....

  • 43,000 tons of goods handled at Red Sea Ports

    Date: 2024-03-27 08:40:40 GMT - Egypt - Economy - SN:17 - ID:10640236

    HURGHADA, Egypt, March 27 (MENA) - About 43,000 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 imports included 4,000 tons of goods, 390 trucks and ....

  • Petroleum sector works on feasibility study of SAF production – Min.

    Date: 2024-03-26 21:14:04 GMT - Egypt - Economy - SN:67 - ID:10639837

    CAIRO, March 26 (MENA) – Petroleum and Mineral Resources Minister Tareq El Molla said the oil sector is currently conducting a feasibility study to carry out several projects for sustainable aviation fuel (SAF) production. The minister’s remarks ....

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