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Economy
- Service : English General
- Category : Economy
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Supply minister granted 2024 Arab Banking Excellence and Achievement Award
Date: 2024-11-20 23:01:25 GMT - Egypt - Economy - SN:74 - ID:10960649
CAIRO, Nov 20 (MENA) - The World Union of Arab Bankers awarded on Wednesday Minister of Supply and Internal Trade Sherif Farouk the 2024 Arab Banking Excellence and Achievement Award. In a statement, the Ministry of Supply and Internal Trade said ....
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PM witnesses signing of MoU on $12m project to set up energy storage battery factory
Date: 2024-11-20 22:58:49 GMT - Egypt - Economy - SN:73 - ID:10960341
CAIRO, Nov 20 (MENA) - Prime Minister Mostafa Madbouly witnessed the signing ceremony of a memorandum of understanding for the establishment of an energy storage battery factory between the Ministry of Industry, represented by the Industrial ....
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IMF: Egypt implements key reforms to preserve macroeconomic stability despite regional challenges
Date: 2024-11-20 22:47:05 GMT - Egypt - Economy - SN:71 - ID:10960637
CAIRO, Nov 20 (MENA) - An International Monetary Fund mission led by Ivanna Vladkova Hollar concluded its visit to Egypt after holding in-person discussions with relevant Egyptian authorities between November 6 and 20 in Cairo. "The Egyptian ....
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Arab banks facing sophisticated challenges of technological changes & geopolitical tensions
Date: 2024-11-20 22:44:17 GMT - Egypt - Economy - SN:69 - ID:10960393
CAIRO, Nov 20 (MENA) - Chairman of the National Bank of Egypt (NBE) Mohamed El-Etreby said the Arab banking sector is facing sophisticated challenges varying from rapid technological changes to rising compliance requirements, and from geopolitical ....
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EGX shows mixed performance at end of Wednesday's trading session
Date: 2024-11-20 21:05:29 GMT - Egypt - Economy - SN:56 - ID:10960553
CAIRO, Nov 20 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading session. The market capital lost nearly EGP 3 billion to register EGP 2.238 trillion amid transactions that totaled EGP about 44 ....
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EBRD offers $21m for Gulf of Suez wind power station expansion
Date: 2024-11-20 20:37:24 GMT - Egypt - Economy - SN:51 - ID:10960389
CAIRO, Nov 20 (MENA) - The European Bank for Reconstruction and Development has announced an easy-term financing of $21.3 million for the "Red Sea Wind Energy" company to expand a wind power station in the Gulf of Suez. The project will increase ....
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Cabinet approves establishing free zone for LT Jeans in Sadat City
Date: 2024-11-20 18:32:04 GMT - Egypt - Economy - SN:41 - ID:10960080
CAIRO, Nov 20 (MENA) – The cabinet approved during its weekly meeting under Prime Minister Moustafa Madbouli a draft decision on establishing a free zone for LT Jeans company on an area of 22.8 thousand square meters in the fourth industrial zone in ....
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PM: State interested in nuclear energy file under its vision to diversify energy resources
Date: 2024-11-20 14:44:09 GMT - Egypt - Economy - SN:34 - ID:10959908
CAIRO, Nov 20 (MENA) - Prime Minister Moustafa Madbouli underlined the state’s interest in the file of nuclear energy and its peaceful uses in line with Egypt Vision and its strategy of diversifying energy resources, especially with regard to ....
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SCA signs cooperation contract with Maersk Training
Date: 2024-11-20 13:54:04 GMT - Egypt - Economy - SN:32 - ID:10959887
ISMAILIA, Egypt, Nov 20 (MENA) – Suez Canal Authority (SCA) Chairman Osama Rabie asserted that the Suez Canal seeks proceeding with its ambitious development strategy by promoting its human resources and preparing a skilled and innovative generation ....
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Investment minister: All support for Turkey's Erciyas to implement project in Egypt
Date: 2024-11-20 13:23:10 GMT - Egypt - Economy - SN:31 - ID:10959912
CAIRO, Nov 20 (MENA) - Investment Minister Hassan el-Khatib said Wednesday his Ministry is keen on providing all kinds of support for Turkey's Erciyas Steel Pipe to help it implement its project in Egypt. Khatib, in a meeting with chairman of the ....
