Economy

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  • Category : Economy
  • CAPMAS: Extractive, transformative industries index up by 1.19% in Dec. 2023

    Date: 2024-03-16 11:07:30 GMT - Egypt - Economy - SN:23 - ID:10625898

    CAIRO, March 16 (MENA) - Egypt’s production index for transformative and extractive industries, excluding crude oil and petroleum products, recorded 97.62 in December 2023 against 96.47 a month earlier with an increase of 1.19 percent, said the ....

  • Egypt solar energy project wins 'Energy Transition Deal of the Year' award

    Date: 2024-03-16 11:00:17 GMT - Egypt - Economy - SN:22 - ID:10625816

    CAIRO, March 16 (MENA) - Egypt’s Kom Ombo Solar Project has won recognition as "Energy Transition Deal of the Year" at the latest IJGlobal Awards, held in London in March. The 200 MW plant, Egypt’s largest private solar plant, is expected to ....

  • Total hard currency worth over EGP 927 mln sold in 10 days

    Date: 2024-03-16 10:36:13 GMT - Egypt - Economy - SN:20 - ID:10625828

    CAIRO, March 16 (MENA) - Customers have sold foreign currency worth over EGP 927 mn in the last 10 days following the Central Bank of Egypt (CBE)'s decision to liberalize trade exchange rate, said Chairman of Misr Exchange Company Adel Fawzy. In ....

  • Egypt's agricultural products reach 163 countries: ministry spokesman

    Date: 2024-03-15 17:04:07 GMT - Egypt - Economy - SN:46 - ID:10625308

    CAIRO, March 15 (MENA) – Egypt’s agricultural products reach 163 countries across the world, Agriculture Ministry Spokesman Mohamed el Qersh said. This asserts that there is development in the size and quality of markets, Qersh added in a phone ....

  • Total hard currency worth over EGP 835 mln sold in 9 days

    Date: 2024-03-15 14:04:14 GMT - Egypt - Economy - SN:38 - ID:10625097

    CAIRO, March 15 (MENA) - Customers have sold foreign currency worth over EGP 835 mn in the last nine days following the Central Bank of Egypt (CBE)'s decision to float the currency, said Chairman of Misr Exchange Company Adel Fawzy. In ....

  • EECA to participate in China-hosted fair

    Date: 2024-03-15 12:56:09 GMT - Egypt - Economy - SN:32 - ID:10624958

    CAIRO, March 15 (MENA) - Egypt Expo & Convention Authority (EECA) will participate in the 24th China Xiamen International Stone Fair, which will kick off on March 16 and run until March 19. In a statement, the ECCA said that the Egyptian ....

  • PM: Positive indications on dollar inflows

    Date: 2024-03-14 16:24:29 GMT - Egypt - Economy - SN:53 - ID:10624211

    CAIRO, March 14 (MENA) – Prime Minister Mostafa Madbouli has stressed that there are positive indications on dollar inflows into the local market. The premier’s remarks came on Thursday during a meeting of the economic ministerial group to ....

  • GIZ launches initiative on recycling of beverage cartons in Egypt

    Date: 2024-03-14 15:49:14 GMT - Egypt - Economy - SN:51 - ID:10624210

    CAIRO, March 14 (MENA) - The German Agency for International Cooperation (GIZ), in partnership with (S.E.J) company and Plastic Bank, have launched a pioneering initiative to revolutionize the recycling of beverage cartons in Egypt and improve ....

  • PM underlines need to develop industries to cut imports

    Date: 2024-03-14 15:14:12 GMT - Egypt - Economy - SN:50 - ID:10624108

    CAIRO, March 14 (MENA) – Prime Minister Mostafa Madbouli has underscored the importance of developing industries to cut the costs of imports. The premier’s remarks came on Thursday at a meeting with Industry Minister Ahmed Samir to follow up the ....

  • Dollar exchange rate inches down at end of Thursday's transactions

    Date: 2024-03-14 14:14:49 GMT - Egypt - Economy - SN:47 - ID:10624106

    CAIRO, March 14 (MENA) - The dollar exchange rate inched down 30-40 piasters at the end of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and the Commercial International Bank (CIB), the dollar rate registered ....

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