Economy

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  • Category : Economy
  • Egypt raises local wheat procurement price for new season

    Date: 2024-03-13 17:12:59 GMT - Egypt - Economy - SN:53 - ID:10622898

    CAIRO, March 13 (MENA) - The Cabinet agreed during a meeting Wednesday under Prime Minister Mostafa Madbouli to increase the reference local wheat procurement price for the 2024/2025 season from EGP 1,600 to EGP 2,000 per ardeb (150 kg) in a bid to ....

  • Rationalization of public spending taken into account of 2023/24 FY: Planning min.

    Date: 2024-03-13 14:03:16 GMT - Egypt - Economy - SN:41 - ID:10622567

    CAIRO, March 13 (MENA) - Minister of Planning and Economic Development Hala el Saeed said Wednesday the current fiscal year takes into account the rationalization of public spending taken by the cabinet. The Minister added during a review of the ....

  • Dollar exchange rate inches down at end of Wednesday's transactions

    Date: 2024-03-13 13:15:55 GMT - Egypt - Economy - SN:36 - ID:10622462

    CAIRO, March 13 (MENA) - The dollar exchange rate inched down 30-40 piasters at the end of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and the Commercial International Bank (CIB), the dollar rate ....

  • Need arises for finishing ongoing projects on time, up to required quality: official

    Date: 2024-03-13 12:50:04 GMT - Egypt - Economy - SN:32 - ID:10622382

    CAIRO, March 13 (MENA) – Chairman of the Board of Directors of Helwan Machinery and Equipment Company (999 Military Factory) Ezzat Mohamed Abdel Aziz said Wednesday it was necessary to finish various projects on time and up to required ....

  • Finance min.: Goods at dlrs 1.7 bn cleared in 10 days

    Date: 2024-03-13 10:51:07 GMT - Egypt - Economy - SN:20 - ID:10622251

    CAIRO, March 13 (MENA) - Finance Minister Mohamed Maait said goods at a total value of dlrs 1.7 billion were cleared in various ports over the first 10 days of March in line with presidential directives to swiftly release goods in various ....

  • Petroleum min. discusses sustainable aviation fuel production

    Date: 2024-03-13 10:32:07 GMT - Egypt - Economy - SN:19 - ID:10622098

    CAIRO, March 13 (MENA) - Petroleum and Mineral Resources Minister Tarek el-Molla met Wednesday with a number of ministers to discuss the production of sustainable aviation fuel (SAF). During his meeting with the ministers of civil aviation, ....

  • 15,000 tons of goods handled at Red Sea Ports

    Date: 2024-03-13 09:27:01 GMT - Egypt - Economy - SN:17 - ID:10622084

    HURGHADA, Egypt, March 13 (MENA) - About 15,000 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, 499 trucks and ....

  • Dollar exchange rate stable at beginning of Wednesday's transactions

    Date: 2024-03-13 07:48:30 GMT - Egypt - Economy - SN:8 - ID:10621920

    CAIRO, March 13 (MENA) - The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and the Commercial International Bank (CIB), the dollar rate registered EGP 48.75 ....

  • Agriculture min. announces opening Salvador's markets for Egyptian tangerine

    Date: 2024-03-12 13:52:23 GMT - Egypt - Economy - SN:40 - ID:10621109

    CAIRO, March 12 (MENA) - Agriculture Minister Sayyed Quseir announced tapping Salvador markets for Egyptian tangerine within the framework of the ministry's efforts to open new markets. This falls within directives of the political leadership to ....

  • Sisi directs to expand in human resources investment

    Date: 2024-03-12 13:48:59 GMT - Egypt - Economy - SN:34 - ID:10621263

    CAIRO, March 12 (MENA) – President Abdel Fattah El Sisi has directed to continue exerting efforts to increase investments on human resources. The president also directed to explore and optimize the use of all available development opportunities ....

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