Economy

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  • Category : Economy
  • CAPMAS: Trade exchange between Egypt, Libya hit $1.7 billion in 1st 11 months of 2023

    Date: 2024-02-01 16:38:02 GMT - Egypt - Economy - SN:63 - ID:10561158

    CAIRO, Feb 1 (MENA) - The volume of trade exchange between Egypt and Libya was up 42% in the first 11 months of 2023 to hit $1.7 billion, compared to $1.2 billion in the same period in 2022, according to statistics by the Egyptian Central Agency for ....

  • Health minister chairs joint committee meeting to set priorities for medical imports

    Date: 2024-02-01 16:30:53 GMT - Egypt - Economy - SN:60 - ID:10561110

    CAIRO, Feb 1 (MENA) - Minister of Health and Population Khaled Abdel Ghaffar Thursday chaired a meeting of a joint committee specifically established to set priorities of importing medications, medical supplies and materials needed for manufacturing ....

  • Bourse gains EGP 43 bn, all indexes up

    Date: 2024-02-01 13:33:35 GMT - Egypt - Economy - SN:43 - ID:10560914

    CAIRO, Feb 1 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, after they recorded a sharp decline in Wednesday's trading session. The market capital gained about EGP 43 billion to ....

  • Trade minister probes with BSH delegation company's future plans in Egypt

    Date: 2024-02-01 13:10:51 GMT - Egypt - Economy - SN:41 - ID:10560826

    CAIRO, Feb 1 (MENA) - Minister of Trade and Industry Ahmed Samir discussed with a delegation representing BSH Egypt company for home appliances led by CEO Luis Alvarez the company's future action plans in the Egyptian market. BSH Egypt is a ....

  • IMC, WB discuss updating national strategy for developing Egyptian industry

    Date: 2024-02-01 12:44:39 GMT - Egypt - Economy - SN:39 - ID:10560689

    CAIRO, Feb 1 (MENA) - Executive Director of the Industrial Modernization Center (IMC) Duaa Salima said the electronic platform for the list of 152 investment opportunities launched in the industrial sector is a promising investment opportunity for ....

  • Dollar exchange rate stable at Thursday's transactions

    Date: 2024-02-01 08:51:19 GMT - Egypt - Economy - SN:14 - ID:10560303

    CAIRO, Feb 1 (MENA) - The dollar exchange rate was stable at the start of Thursday'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 ....

  • IMF continues $3B financing talks with Egypt amid economic challenges, regional unrest

    Date: 2024-01-31 21:59:46 GMT - USA - Economy - SN:80 - ID:10560012

    WASHINGTON, Jan 31 (MENA) - The International Monetary Fund (IMF) said Wednesday that its discussions with Egypt regarding a $3 billion financing package were ongoing and progressing, Forbes Middle East reported. The IMF's statement comes a day ....

  • PM meets with officials of Mercedes-Benz company to review cooperation opportunities

    Date: 2024-01-31 18:52:58 GMT - Egypt - Economy - SN:69 - ID:10559884

    CAIRO, Jan 31 (MENA) – Prime Minister Mostafa Madbouli expressed his appreciation of the existing cooperation between Egypt and Germany in several fields and his support of the investments of Mercedes-Benz company in Egypt as well as all other ....

  • CBE denies any new regulations concerning cash withdrawal

    Date: 2024-01-31 18:31:54 GMT - Egypt - Economy - SN:68 - ID:10559906

    CAIRO, Jan 31 (MENA) - The Central Bank of Egypt (CBE) stressed on Wednesday that no new regulations organizing cash withdrawal operations have been issued. The bank stressed that August 25, 2022 regulations are still in place without any new ....

  • EU invests 500 million euros in water sector in Egypt: Head of EU delegation to Egypt

    Date: 2024-01-31 17:19:35 GMT - Egypt - Economy - SN:63 - ID:10559688

    ALEXANDRIA, Jan 31 (MENA) - Head of the European Union (EU) Delegation to Egypt Ambassador Christian Berger asserted the importance of treating sanitation water in Egypt, pointing out to the European Union's support of this sector that reached 500 ....

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