Economy

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  • Category : Economy
  • Official gazette publishes rules rationalizing investment spending in domestic bodies in public treasury, economic authorities

    Date: 2024-02-05 15:16:53 GMT - Egypt - Economy - SN:53 - ID:10566395

    CAIRO, Feb 5 (MENA) - The official gazette on Monday published Prime Minister Mostafa Madbouli's decision no. 241 of year 2024 on rules regulating rationalization of investment spending in domestic bodies in the public treasury of the state and ....

  • Bourse gains EGP 7 bn, all indexes up

    Date: 2024-02-05 13:53:34 GMT - Egypt - Economy - SN:42 - ID:10566393

    CAIRO, Feb 5 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by purchases by local institutions and Arab and foreign investors, against sales by Arab and foreign institutions, as well ....

  • Official Gazette publishes PM's decision on abolishing tax exemptions for state-owned entities

    Date: 2024-02-05 13:49:26 GMT - Egypt - Economy - SN:39 - ID:10566087

    CAIRO, Feb 5 (MENA) - The Official Gazette on Monday published the prime minister's Decision no. 242 of 2024 on abolishing tax and fee exemptions for state entities and affiliated companies in economic and investment activities. The decision aims ....

  • Ministers discuss cooperation in local manufacturing of buses

    Date: 2024-02-05 11:45:21 GMT - Egypt - Economy - SN:27 - ID:10565873

    CAIRO, Feb 5 (MENA) - Minister of Public Business Sector Mahmoud Essmat discussed on Monday with Minister of Transport Kamel El Wazir joint cooperation in localizing industrialization of buses. The meeting was held at the New Administrative ....

  • IDSC says Egypt has huge reserve of quartz

    Date: 2024-02-05 10:16:54 GMT - Egypt - Economy - SN:18 - ID:10565780

    CAIRO, Feb 5 (MENA) – The Information and Decision Support Center (IDSC) said Monday that Egypt is among world countries that has huge reserve of quartz. The IDSC said the purity of Egyptian quartz reaches 99.9 percent, which is a big asset that ....

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

    Date: 2024-02-05 09:42:35 GMT - Egypt - Economy - SN:17 - ID:10565744

    CAIRO, Feb 5 (MENA) - The dollar exchange rate was stable at the start of Monday'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 ....

  • Global (1): From Riyadh to Rafah: KSrelief Brings Hope to Gaza

    Date: 2024-02-05 08:30:46 GMT - Kingdom of Saudi Arabia - Economy - SN:11 - ID:10565675

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ =============================================================== From Riyadh to Rafah: KSrelief Brings Hope to Gaza RIYADH, Saudi Arabia, Feb. 5, 2024 /PRNewswire/ ....

  • PM: IDB Group among Egypt's top development partners

    Date: 2024-02-04 17:50:24 GMT - Egypt - Economy - SN:56 - ID:10565100

    CAIRO, Feb 4 (MENA) - Prime Minister Moustafa Madbouli Sunday hailed strong relations between Egypt and the Islamic Development Bank Group (IDB Group) that are marked with a successful and extended history of joint projects. The IDB Group comes ....

  • Bourse indexes show mixed performance

    Date: 2024-02-04 15:22:48 GMT - Egypt - Economy - SN:49 - ID:10564972

    CAIRO, Feb 4 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Sunday's trading session, amid sales by foreign institutions and investments funds, as well as Egyptian, Arab and foreign investors, against purchases by ....

  • Int'l cooperation minister, SDC chief discuss joint projects

    Date: 2024-02-04 14:31:14 GMT - Egypt - Economy - SN:43 - ID:10564811

    CAIRO, Feb 4 (MENA) – International Cooperation Minister Rania el Mashaat has hailed as “important” economic cooperation between Egypt and Switzerland. Cairo is keen on boosting its partnership with Bern in a way that would best serve the local ....

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