Economy

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  • Category : Economy
  • Egypt's Future project targets 4.5 mln. reclaimed feddans by 2027

    Date: 2024-05-12 19:08:27 GMT - Egypt - Economy - SN:61 - ID:10702322

    CAIRO, May 11 (MENA) - Executive Director of Egypt's Future Authority for Sustainable Development Bahaa El-Ghannam said the authority plans to reclaim 1.6 million feddans by 2025, and 4.5 million feddans by 2027. In exclusive statements to MENA ....

  • 43 container ships, cargo vessels handled at Damietta Port in 24 hours

    Date: 2024-05-12 17:29:38 GMT - Egypt - Economy - SN:57 - ID:10702345

    DAMIETTA, Egypt, May 12 (MENA) – As many as 43 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Sunday, the Damietta Port Authority's media center said the total volume of exported ....

  • ACUD chief discusses with Saudi businessmen investment development

    Date: 2024-05-12 17:06:58 GMT - Egypt - Economy - SN:56 - ID:10702250

    CAIRO, May 12 (MENA) - Chairman of the Board of Directors and Managing Director of the Administrative Capital for Urban Development Company Khaled Abbas has discussed with a delegation of 80 Saudi businessmen as part of their visit to the New ....

  • PM reviews arrangements for Egypt-EU investment conference

    Date: 2024-05-12 16:14:01 GMT - Egypt - Economy - SN:53 - ID:10702153

    CAIRO, May 12 (MENA) - Prime Minister Mostafa Madbouli affirmed his diligent follow-up on the preparations for the investment conference, to be held by the end of June in cooperation with the European Union. During the conference, cooperation ....

  • EGX indexes down at end of Sunday trading

    Date: 2024-05-12 12:23:33 GMT - Egypt - Economy - SN:38 - ID:10701792

    CAIRO, May 12 (MENA) - Egyptian Exchange (EGX) indexes posted collective losses Sunday on the back of sales by Arab and foreign institutions and investment funds. The market capital reached 1.703 trillion pounds after transactions that totaled ....

  • PM affirms desire to accelerate boosting share of private sector in economy

    Date: 2024-05-12 11:28:21 GMT - Egypt - Economy - SN:30 - ID:10701499

    CAIRO, May 12 (MENA) - Prime Minister Mostafa Madbouli Sunday said that the Egyptian government has a real desire to accelerate extending the participation of the private sector in the economy. The premier made the remarks during a meeting with ....

  • Mashat: Egypt is among largest countries of operations for IFC with investments approaching dlrs 9 bn

    Date: 2024-05-12 11:14:19 GMT - Egypt - Economy - SN:26 - ID:10701465

    CAIRO, May 12 (MENA) - Minister of International Cooperation Rania Al-Mashat affirmed that the relationship with the International Finance Corporation (IFC) has facilitated approximately $9 billion in financing and investments for the private ....

  • PM witnesses opening session of "International Finance Corporation Day" activities

    Date: 2024-05-12 08:54:46 GMT - Egypt - Economy - SN:17 - ID:10701130

    CAIRO, May 12 (MENA) - Prime Minister Mostafa Madbouli witnessed Sunday the opening session of activities of the "International Finance Corporation Day in Egypt" (IFC), in the presence of a number of ministers. The International Finance ....

  • Dollar exchange rate stable at start of Sunday's transactions

    Date: 2024-05-12 07:29:33 GMT - Egypt - Economy - SN:15 - ID:10701138

    CAIRO, May 12 (MENA) - The dollar exchange rate was stable at the start of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr and the Commercial International Bank (CIB), the dollar rate registered ....

  • Egypt, Jordan explore food safety cooperation

    Date: 2024-05-11 16:33:29 GMT - Jordan - Economy - SN:57 - ID:10700506

    AMMAN/CAIRO, May 11 (MENA) - Chairman of Egypt’s National Food Safety Authority (NFSA) Tarek el Houby and Director General of the Jordan Food and Drug Administration (JFDA) Nizar Mheidat reviewed Saturday ways to promote cooperation. During a ....

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