Economy

  • Service : English General
  • Category : Economy
  • Trade min. : local industry should comply with global environmental standards

    Date: 2024-02-19 20:20:18 GMT - Egypt - Economy - SN:87 - ID:10588256

    CAIRO, Feb 19 (MENA) - Minister of Trade and Industry Ahmed Samir said the government is keen on achieving industrial and technological development and boosting high value added exports, while paying more attention to environmental ....

  • Cooperation with WB in natural gas sphere 'crucial': Petroleum min.

    Date: 2024-02-19 20:06:58 GMT - Egypt - Economy - SN:85 - ID:10588520

    CAIRO, Feb 19 (MENA) - Petroleum and Mineral Resources Minister Tarek el Molla underlined the importance of having a furitful cooperation with the World Bank (WB), especially in the natural gas sphere. The minister's remarks came during his ....

  • FRA amends measures to protect accounts of stock market customers

    Date: 2024-02-19 20:03:54 GMT - Egypt - Economy - SN:83 - ID:10588349

    CAIRO, Feb 19 (MENA) – The Financial Regulatory Authority (FRA) has decided to amend some measures to boost protection of accounts of customers dealing with stock companies. The Egyptian Exchange (EGX), in a statement Monday, said this move is ....

  • Petroleum minister: We have capability of leading green hydrogen industry in region

    Date: 2024-02-19 19:36:25 GMT - Egypt - Economy - SN:80 - ID:10588212

    CAIRO, Feb 19 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla asserted Egypt has the special and unique geographical location, potential and necessary infrastructure to become a hub for producing green hydrogen and lead the ....

  • $30 mln deal inked with ICD to SMEs in Egypt: Banque Misr

    Date: 2024-02-19 19:31:35 GMT - Egypt - Economy - SN:79 - ID:10588253

    CAIRO, Feb 19 (MENA) – The Islamic Corporation for the Development of the Private Sector (ICD), member of the Islamic Development Bank (IsDB) Group, signed a letter of intent (LoT) with Banque Misr for a $30 million finance line to support small and ....

  • EGX announces unification of listing standards

    Date: 2024-02-19 19:27:45 GMT - Egypt - Economy - SN:78 - ID:10588348

    CAIRO, Feb 19 (MENA) – The Egyptian Exchange (EGX) announced Monday that it is re-dividing the markets and unifying the listing standards. The decision should be effective as of February 25, an EGX statement read. It said that the move is ....

  • IFC investments in Egypt reach $5bn in 6 years -- Official

    Date: 2024-02-19 19:00:18 GMT - Egypt - Economy - SN:75 - ID:10588258

    CAIRO, Feb 19 (MENA) – The regional director of the International Financial Corporation (IFC) for North Africa and the Horn of Africa said Monday that investments in Egypt over the past six years have reached some five billion dollars. Cheikh ....

  • EgyptAir cancels Cairo-Munich flights over strike at Munich airport

    Date: 2024-02-19 18:49:42 GMT - Egypt - Economy - SN:73 - ID:10588216

    CAIRO, Feb 19 (MENA) – EgyptAir has canceled Cairo-Munich flights due to a strike at Munich International Airport. The national flag carrier said in a statement on Monday that the flights MS787 and MS788 will be cancelled on Tuesday. EgyptAir ....

  • Egypt, ITFC sign annual work program for 2024

    Date: 2024-02-19 18:17:23 GMT - Egypt - Economy - SN:70 - ID:10588257

    CAIRO, Feb 19 (MENA) - Egypt and the International Islamic Trade Finance Corporation (ITFC) signed the annual work program for 2024, which is part of the framework agreement signed between the two sides for five years. The pact primarily aims to ....

  • Petroleum minister meets Bechtel's delegation

    Date: 2024-02-19 18:15:41 GMT - Egypt - Economy - SN:69 - ID:10588220

    CAIRO, Feb 19 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla asserted that Egypt boasts success stories as far as decarbonization is concerned. He underscored the importance of conducting very accurate studies about projects ....

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