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Economy
- Service : English General
- Category : Economy
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Oil minister confers with ADES Holding officials on progress of drilling older oil fields
Date: 2024-01-30 12:54:04 GMT - Egypt - Economy - SN:31 - ID:10557461
CAIRO, Jan 30 (MENA) - Minister of Petroleum and Mineral Resources Tarek El Molla, discussed Tuesday with the CEO of ADES Holding Mohamed Farouk, and the company's Regional Director Ahmed Mohy, the capabilities the company possesses in the field of ....
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Dollar exchange rate stable at Tuesday's transactions
Date: 2024-01-30 09:27:08 GMT - Egypt - Economy - SN:17 - ID:10556968
CAIRO, Jan 30 (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 ....
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18,000 tons of goods handled at Red Sea Ports
Date: 2024-01-30 08:08:49 GMT - Egypt - Economy - SN:6 - ID:10556929
HURGHADA, Jan 30 (MENA) - About 18,000 tons of goods were handled at different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 5,000 tons of goods, 550 trucks and 64 cars, while ....
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Delta steel Mill Co. inks coop. deal with Chinese company to maximize production
Date: 2024-01-29 17:59:26 GMT - Egypt - Economy - SN:68 - ID:10556319
CAIRO, Jan 29 (MENA) - Minister of Public Business Sector Mahmoud Esmat said the government is open to all private companies, whether at the national or international levels, which helps improve the performance of state-owned companies. This will ....
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Parl't agree to amend agreements with AIIB, abandoning LIBOR, to SOFR
Date: 2024-01-29 17:42:05 GMT - Egypt - Economy - SN:65 - ID:10555993
CAIRO, Jan 29 (MENA) - The House of Representatives Monday approved presidential resolution No. 569 of 2023 regarding approval of letters “amending some agreements with the Asian Infrastructure Investment Bank” regarding abandoning LIBOR as a ....
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Egyptian gov’t considering bonds offering in Gulf markets: Maait
Date: 2024-01-29 17:24:02 GMT - United Arab Emirates - Economy - SN:62 - ID:10556205
HONG KONG/ABU DHABI, Jan 29 (MENA) - Egypt's Minister of Finance Mohamed Maait said Monday the Egyptian government is considering offering bonds in the Gulf markets for the first time, indicating the possibility of issuing bonds in the UAE dirham ....
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SCA chief, ICS secretary general discuss developments of conditions in Red Sea
Date: 2024-01-29 16:56:34 GMT - Egypt - Economy - SN:58 - ID:10556249
ISMAILIA, Egypt, Jan 29 (MENA) - Chairman of the Suez Canal Authority (SCA) Osama Rabie had talks Monday with Secretary General of the International Chamber of Shipping (ICS) Guy Platten and Neil Roberts, head of marine and aviation with the Lloyd's ....
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Egypt bourse gains 2.1 percent at close of trading
Date: 2024-01-29 15:35:36 GMT - Egypt - Economy - SN:51 - ID:10556200
CAIRO, Jan 29 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by purchases by institutions and local, Arab and foreign investment funds and foreign investors, against sales by ....
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House approves Egypt's subscription to African Development Fund’s 16th Replenishment
Date: 2024-01-29 15:31:39 GMT - Egypt - Economy - SN:49 - ID:10556004
CAIRO, Jan 29 (MENA) - The House of Representatives, under Hanafi Gebali, approved Presidential Decree no 555 of 2023 regarding the approval of Egypt's subscription to the 16th Replenishment of the African Development Fund (ADF), worth dlrs 2 ....
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AAAID to participate in int'l exhibitions to benefit from global expertise
Date: 2024-01-29 15:19:12 GMT - Sudan - Economy - SN:48 - ID:10555995
DUBAI/KHARTOUM, Jan 29 (MENA) – Board Chairman of the Arab Authority for Agricultural Investment and Development (AAAID) Obaid Saif Hamad Al Zaabi asserted that the AAAID seeks to participate in major international exhibitions specialized in the ....
