Economy

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  • Category : Economy
  • Trade min., Chinese deputy amb. discuss preparations for Egyptian work visit to Beijing

    Date: 2024-03-12 13:47:47 GMT - Egypt - Economy - SN:31 - ID:10621149

    CAIRO, March 12 (MENA) – Minister of Trade and Industry Ahmed Samir conferred with Deputy Chinese Ambassador in Cairo Zhang Tao and his accompanying delegation preparations for a work visit to Beijing next week to discuss establishing a Chinese ....

  • Planning Ministry issues report on communications sector's targets under 2023-2024 FY plan

    Date: 2024-03-12 13:11:07 GMT - Egypt - Economy - SN:30 - ID:10621163

    CAIRO, March 12 (MENA) - Planning Minister Hala Saeed said the development of the communications and IT system represents a cornerstone of all axes of technological development backing transition to digital economy. She made the remarks on the ....

  • EBRD launches action plan for turning 6th of Oct. into green city

    Date: 2024-03-12 12:08:40 GMT - Egypt - Economy - SN:28 - ID:10620971

    CAIRO, March 12 (MENA) - The European Bank for Reconstruction and Development (EBRD) announced the launch of the 6th of October City’s Green City Action Plan (GCAP) in collaboration with the Egyptian government to promote efforts for transition to ....

  • Dollar exchange rate down during Tuesday's transactions

    Date: 2024-03-12 12:06:04 GMT - Egypt - Economy - SN:26 - ID:10621033

    CAIRO, March 12 (MENA) - The dollar exchange rate went down during Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar rate registered EGP 48.80 for buying and EGP 48.90 for selling. At Banque Misr, ....

  • Finance minister says economic support initiatives ongoing despite budget pressures

    Date: 2024-03-12 11:00:58 GMT - Egypt - Economy - SN:19 - ID:10620860

    CAIRO, March 12 (MENA) – Finance Minister Mohamed Ma’eit said Tuesday that initiatives that support economic activities add to the cost of financing, interest rates and prices of commodities and services. The initiatives will continue despite ....

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

    Date: 2024-03-12 08:38:59 GMT - Egypt - Economy - SN:12 - ID:10620668

    CAIRO, March 12 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar rate registered EGP 49 for buying and EGP 49.10 for selling. The dollar ....

  • PM asserts gov't is committed to implementing state ownership policy

    Date: 2024-03-11 15:33:47 GMT - Egypt - Economy - SN:47 - ID:10620233

    CAIRO, March 11 (MENA) - Prime Minister Mostafa Madbouli asserted that the government is committed to implementing the State Ownership Policy Document, which aims at enhancing economic growth, invigorating the private sector's role in various ....

  • Petroleum ministry: Dlrs 535mln in investments to develop Zohr gas field for FY 2024-25

    Date: 2024-03-11 14:07:10 GMT - Egypt - Economy - SN:42 - ID:10620086

    CAIRO, March 11 (MENA) - PetroShorouk Company announced the new investment budget for the fiscal year 2024-2025 that includes investments worth dlrs 535 million to implement Zohr gas field development activities. The budget will also continue ....

  • Sisi directs to continue implementing plan to improve performance of companies, factories

    Date: 2024-03-11 13:03:36 GMT - Egypt - Economy - SN:36 - ID:10619955

    CAIRO, March 11 (MENA) - President Abdel Fattah El Sisi ordered to continue implementing a plan to improve the performance of companies and factories, affiliated with the public business sector. This came during a meeting on Monday with Prime ....

  • Egypt's commodity exports surged by 6% in January, February, says min.

    Date: 2024-03-11 13:00:54 GMT - Egypt - Economy - SN:35 - ID:10619956

    CAIRO, March 11 (MENA) - Minister of Trade and Industry Ahmed Samir said Egypt's commodity exports registered USD 6.1 billion in January and February 2024, against USD 5.7 billion in the same period of 2023, marking an increase of 6%. Samir ....

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