Economy

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  • Category : Economy
  • ICT min. meets host of Chinese officials in Beijing

    Date: 2024-07-30 21:08:05 GMT - Egypt - Economy - SN:81 - ID:10808808

    CAIRO, July 30 (MENA) - Communications and Information Technology Minister Amr Talaat held several meetings with a host of officials from various Chinese companies to probe investment opportunities in the sphere of electronics design and ....

  • NREA, GIZ probe how education contributes to Egypt's transition to green economy

    Date: 2024-07-30 20:10:09 GMT - Egypt - Economy - SN:74 - ID:10808755

    CAIRO, July 30 (MENA) – The German Agency for International Cooperation (GIZ) said it held a discussion with the New and Renewable Energy Authority (NREA) on the contributions of educational programs and technical and vocational training to Egypt's ....

  • Petroleum min. directs GPC officials to intensify research, exploration activities

    Date: 2024-07-30 19:10:52 GMT - Egypt - Economy - SN:63 - ID:10808568

    CAIRO, July 30 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi directed officials of the General Petroleum Company (GPC) to intensify research and exploration activities to increase oil production. During his meeting with GPC ....

  • IMF says 4th review of EFF loan program for Egypt to be conducted in Sept.

    Date: 2024-07-30 18:41:38 GMT - Egypt - Economy - SN:57 - ID:10808522

    CAIRO, July 30 (MENA) - International Monetary Fund (IMF) Mission Chief for Egypt Ivanna Vladkova Hollar said the fourth review of the Extended Fund Facility (EFF) loan program for Egypt will be conducted between September and December 2024, ....

  • IMF expects Egypt's inflation to decrease to less than 15% during FY 2024/25

    Date: 2024-07-30 15:50:49 GMT - Egypt - Economy - SN:48 - ID:10808508

    CAIRO, July 30 (MENA) - Head of the International Monetary Fund (IMF) mission to Egypt Ivana Vladkova Hollar said that the IMF expects inflation in Egypt to decrease to less than 15% during the fiscal year 2024-2025. In statements on Tuesday, ....

  • IMF: Egypt's efforts to reduce inflation rate heading in "the right direction"

    Date: 2024-07-30 15:39:57 GMT - Egypt - Economy - SN:47 - ID:10808498

    CAIRO, July 30 (MENA) - Head of the International Monetary Fund (IMF) mission to Egypt Ivana Vladkova Hollar said Tuesday that the IMF is closely monitoring Egypt's inflation indicators and will provide regular updates on them, noting that current ....

  • Cabinet approves decision pertaining to regulation of investment and foreign trade ministry

    Date: 2024-07-30 14:56:55 GMT - Egypt - Economy - SN:43 - ID:10808260

    NEW ALAMEIN, July 30 (MENA) - The Cabinet, in its meeting Tuesday at the council's headquarters in New Alamein City, chaired by Prime Minister Mostafa Madbouli, approved a draft decision by the Prime Minister regarding the regulatory rules of the ....

  • Bourse posts gains amounting to EGP 19 bln

    Date: 2024-07-30 13:30:32 GMT - Egypt - Economy - SN:39 - ID:10808091

    CAIRO, July 30 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Tuesday's trading session, backed by purchases by Egyptian, Arab and foreign institutions and investment funds, as well as Arab investors. The session ....

  • Petroleum Ministry: Egypt’s important location enables it to become regional petroleum trade hub

    Date: 2024-07-30 13:29:13 GMT - Egypt - Economy - SN:38 - ID:10807444

    CAIRO, July 30 (MENA) - Deputy Minister of Petroleum Mahmoud Nagy stated on Tuesday that there is joint cooperation between the Egyptian government and Fujairah in the UAE in the petroleum sector. He emphasized Egypt's efforts to attract ....

  • Electricity min., SGCC discuss producing 10,000 megawatts of renewable energy

    Date: 2024-07-30 11:32:40 GMT - Egypt - Economy - SN:31 - ID:10807847

    CAIRO, July 30 (MENA) – Minister of Electricity and Renewable Energy Mahmoud Esmat discussed Tuesday with officials of “State Grid Corporation of China (SGCC)” company means to boost cooperation between the sector of electricity and renewable energy ....

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