Economy

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  • Category : Economy
  • Bourse indexes up at close of Thursday trading

    Date: 2025-01-16 13:26:05 GMT - Egypt - Economy - SN:31 - ID:11029434

    CAIRO, Jan 16 (MENA) - Egyptian Exchange (EGX) indexes went up at the close of Thursday's trading driven by purchases by Arab and foreign investment institutions and funds as well as foreign, Arab and local investors. Profits hit EGP 19 billion, ....

  • PM attends inking of usufruct deal of electric arc furnace between Kima, Al Sharq

    Date: 2025-01-16 11:47:13 GMT - Egypt - Economy - SN:21 - ID:11029022

    CAIRO, Jan 16 (MENA) - Prime Minister Moustafa Madbouli Thursday attended the inking of a contract for the usufruct and operation of an electric arc furnace (EAF) to produce silicon-manganese alloys between the Egyptian Chemical Industries Company ....

  • Petroleum min. probes Chevron’s expansion plans in Egypt

    Date: 2025-01-16 11:28:19 GMT - Egypt - Economy - SN:18 - ID:11029249

    CAIRO, Jan 16 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi emphasized that Egypt possesses promising investment opportunities in the oil and gas sector, thanks to the availability of comprehensive geological data and the ....

  • EBRD marks year of record investment in Egypt in 2024 at 1.4 bn euros

    Date: 2025-01-16 09:38:22 GMT - United Kingdom - Economy - SN:11 - ID:11029045

    LONDON, Jan 16 (MENA) - Egypt was the primary recipient of European Bank for Reconstruction and Development (EBRD) 2024 investment in the southern and eastern Mediterranean (SEMED) region, with new commitments to 26 projects totalling more than €1.4 ....

  • Egypt, Tanzania discuss strengthening mining cooperation

    Date: 2025-01-15 18:24:16 GMT - Egypt - Economy - SN:40 - ID:11028365

    CAIRO, Jan 15 (MENA) – Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with Tanzanian Deputy Minister of Minerals Steven L. Kiruswa during the International Mining Conference in Riyadh to discuss enhanced collaboration in ....

  • Luxembourg foreign trade min. affirms keenness on promoting economic relations with Egypt

    Date: 2025-01-15 18:10:08 GMT - Egypt - Economy - SN:37 - ID:11028232

    CAIRO, Jan 15 (MENA) - Deputy Prime Minister, Minister of Foreign Affairs and Foreign Trade and Minister of Cooperation and Humanitarian Action of Luxembourg Xavier Bettel on Wednesday affirmed his country's keenness on promoting economic relations ....

  • Investment min. in talks over tire industry opportunities

    Date: 2025-01-15 17:37:03 GMT - Egypt - Economy - SN:34 - ID:11028231

    CAIRO, Jan 15 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib met Wednesday with Prometeon Tyre-Egypt and China National Tyre & Rubber Co. (CNRC), for talks on government efforts to create a competitive and suitable work ....

  • Military Production Ministry, "Papyrus" Australia probe waste management upgrade

    Date: 2025-01-15 17:18:19 GMT - Egypt - Economy - SN:32 - ID:11028103

    CAIRO, Jan 15 (MENA) - Minister of State for Military Production Mohamed Salah el Dien Mostafa on Wednesday discussed with delegations of "Papyrus Egypt" and "Papyrus Australia" companies the ongoing cooperation in renovating the waste management ....

  • Badawi participates in Mining Conf. in Riyadh

    Date: 2025-01-15 16:36:12 GMT - Egypt - Economy - SN:27 - ID:11028023

    CAIRO, Jan 15 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi participated Wednesday in the official opening activities of the 4th edition of the International Mining Conference, hosted in Riyadh. In a statement, the ministry ....

  • Dollar exchange rate down during Wednesday's transactions

    Date: 2025-01-15 15:00:17 GMT - Egypt - Economy - SN:23 - ID:11027992

    CAIRO, Jan 15 (MENA) - The dollar exchange rate decreased during Wednesday's transactions, recording EGP 50.37 for buying and EGP 50.47 for selling at the Abu Dhabi Commercial Bank – Egypt (ADCB), Egyptian Arab Land Bank. The dollar exchange rate ....

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