Economy

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  • Category : Economy
  • Maait: We are looking forward for increasing intra-Arab trade volume to deep cooperation paths

    Date: 2024-02-13 12:25:16 GMT - Egypt - Economy - SN:31 - ID:10578557

    CAIRO, Feb 13 (MENA) - Minister of Finance Mohamed Maait expressed his anticipation for an increase in intra-Arab trade volume to deepen cooperation paths and avoid the intensity of internal and external shocks. This came during a meeting between ....

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

    Date: 2024-02-13 09:03:13 GMT - Egypt - Economy - SN:16 - ID:10578111

    CAIRO, Feb 13 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buying and EGP 30.85 for ....

  • 18,000 tons of goods handled at Red Sea Ports

    Date: 2024-02-13 07:44:53 GMT - Egypt - Economy - SN:11 - ID:10578019

    HURGHADA, Egypt, Feb 13 (MENA) - About 18,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 5,500 tons of goods, 568 trucks and 80 ....

  • Climate changes impose further burdens on developing countries' budgets – Min.

    Date: 2024-02-12 22:18:14 GMT - Egypt - Economy - SN:71 - ID:10577764

    CAIRO, Feb 12 (MENA) – Finance Minister Mohamed Mait said the climate changes led to imposing additional burdens on the budgets of developing countries, particularly in light of the current difficult economic conditions globally. The minister's ....

  • SCZONE head, EU delegation probe cooperation in green fuel projects

    Date: 2024-02-12 15:24:37 GMT - Egypt - Economy - SN:50 - ID:10577230

    CAIRO, Feb 12 (MENA) - Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE) Walid Gamal el Din Monday discussed with a delegation of European Commission cooperation in current and future projects carried out by the SCZONE in ....

  • 36 container ships, cargo vessels handled at Damietta Port

    Date: 2024-02-12 14:29:19 GMT - Egypt - Economy - SN:46 - ID:10577313

    DAMIETTA, Egypt, Feb 12 (MENA) – As many as 36 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Monday, the Damietta Port Authority's media center said the total trade volume of ....

  • Bourse posts collective gains at end of Monday's transactions

    Date: 2024-02-12 14:16:45 GMT - Egypt - Economy - SN:45 - ID:10577197

    CAIRO, Feb 12 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session backed by purchases of Egyptian and foreign investment funds. The market capital gained about EGP 5 billion to register at EGP ....

  • Finance minister highlights competitive advantages of Egyptian economy

    Date: 2024-02-12 10:45:47 GMT - United Arab Emirates - Economy - SN:28 - ID:10576596

    DUBAI, Feb 12 (MENA) – Finance Minister Mohamed Ma’eit said Monday that the Egyptian economy has competitive advantages that could be more stimulating for investments and exports. The Egyptian economy has an advanced and a strong infrastructure ....

  • IDSC: Egypt rose 3 places in the 2024 Agility Emerging Markets Logistics Index

    Date: 2024-02-12 09:41:04 GMT - Egypt - Economy - SN:20 - ID:10576510

    CAIRO, Feb 12 (MENA) - Egypt rose 3 places in the Agility Emerging Markets Logistics Index, ranking the 18th place out of 50 countries in 2024, scoring 5.04 points, compared to 21st place out of 50 countries in 2023, and coming in seventh place in ....

  • PM says greatly appreciates cooperation with IMF

    Date: 2024-02-12 09:28:00 GMT - United Arab Emirates - Economy - SN:18 - ID:10576351

    DUBAI, Feb 12 (MENA) – Prime Minister Moustafa Madbouli greatly appreciated cooperation between Egypt and the International Monetary Fund (IMF), stressing that his government is still working to achieve comprehensive economic reform. Madbouli, in ....

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