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Economy
- Service : English General
- Category : Economy
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EGX indices show mixed performance at close of Tuesday's trading
Date: 2024-07-02 12:01:29 GMT - Egypt - Economy - SN:34 - ID:10768272
CAIRO, July 2 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Tuesday's trading, amid expected cabinet reshuffle. The market capital registered EGP 1.897 trillion after transactions hit nearly EGP 112.5 billion, ....
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PM reviews 4 new projects with ""Signify Phillips and Gila" alliance worth dlrs 100 mn
Date: 2024-07-02 11:19:29 GMT - Egypt - Economy - SN:27 - ID:10767960
CAIRO, July 2 (MENA) - Prime Minister Mostafa Madbouli reviewed on Tuesday with representatives from the "Signify Philips and Gila" alliance, four new proposed projects with investments worth $100 million. The meeting was attended by Minister of ....
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IDA seeks to upgrade services through int'l partnerships
Date: 2024-07-02 10:17:11 GMT - Egypt - Economy - SN:20 - ID:10767809
CAIRO, July 2 (MENA) – Chairperson of the Industrial Development Authority Nahed Youssef said Tuesday that cooperation with international partners is meant to upgrade IDA services. This is part of an IDA strategy to implement best international ....
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16,000 tons of goods handled at Red Sea Ports
Date: 2024-07-02 07:29:36 GMT - Egypt - Economy - SN:13 - ID:10767594
HURGHADA, Egypt, July 2 (MENA) - About 16,000 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 the imports included 6,500 tons of goods, 477 trucks and ....
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Egypt to receive 21 LNG shipments this summer - Petroleum ministry
Date: 2024-07-01 18:38:43 GMT - Egypt - Economy - SN:59 - ID:10767263
CAIRO, July 1 (MENA) - Spokesman for the Ministry of Petroleum and Mineral Resources Hamdy Abdel Aziz said the ministry had made agreements to get 21 shipments of liquidated natural gas (LNG), which will arrive during this summer, along with ....
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CBE announces gradual cancelation of exceptions granted to SMEs
Date: 2024-07-01 18:10:25 GMT - Egypt - Economy - SN:55 - ID:10767169
CAIRO, July 1 (MENA) - The Central Bank of Egypt (CBE)’s board of directors has approved a gradual cancellation of exceptions on registering customers from the small and medium enterprises (SMEs) sector within the third stage over a period of 18 ....
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Mashat unveils EU guarantees to boost Egypt's FDI by €11 billion
Date: 2024-07-01 16:52:16 GMT - Egypt - Economy - SN:45 - ID:10766937
NEW ADMINISTRATIVE CAPITAL, Egypt, July 1 (MENA) - International Cooperation Minister Rania el Mashat underlined the importance of investment guarantees offered by EU amounting to €1.8 billion. The minister's remarks were made at a high-level ....
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Finance min. says cooperation with WB serves as model of successful partnership for development
Date: 2024-07-01 15:05:41 GMT - Egypt - Economy - SN:38 - ID:10766854
CAIRO, July 1 (MENA) - Finance Minister Mohamed Maait said Egypt's cooperation with the World Bank (WB) serves as a model of successful partnership for development amid the current regional and international economic challenges that put heavy ....
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GAFI's CEO: Egypt seeks to become global logistics hub
Date: 2024-07-01 14:56:39 GMT - Egypt - Economy - SN:37 - ID:10766770
CAIRO, July 1 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba asserted Egypt seeks to become a global logistics hub by making the optimal use of its unique and special geographical location and the Suez ....
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Bourse indexes up at close of trading
Date: 2024-07-01 13:39:29 GMT - Egypt - Economy - SN:33 - ID:10766703
CAIRO, July 1 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by strong purchases by institutions and Local and Arab investment funds as well as local, Arab, and foreign investors and ....
