Economy
- Service : English General
- Category : Economy
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Egypt, Malta sign MoU to boost cooperation in electricity, energy
Date: 2024-01-18 15:08:08 GMT - Egypt - Economy - SN:40 - ID:10539745
CAIRO, Jan 18 (MENA) - Egypt and Malta have signed a memorandum of understanding (MoU) for strengthened cooperation in the areas of energy and electricity, according to a statement by the Electricity and Renewable Energy Ministry on Thursday. ....
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All EGX indices up, benchmark increases 0.32 pct
Date: 2024-01-18 13:17:51 GMT - Egypt - Economy - SN:33 - ID:10539613
CAIRO, Jan 18 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Thursday's trading after a short wave of profit-taking sales. The market capital registered EGP 1.886 trillion after transactions totaled approximately ....
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Dollar exchange rate stable at start of Thursday's transactions
Date: 2024-01-18 08:11:32 GMT - Egypt - Economy - SN:12 - ID:10538955
CAIRO, Jan 18 (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 ....
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SCA chief probes cooperation with global shipping mogul 'Mærsk'
Date: 2024-01-17 22:56:11 GMT - Egypt - Economy - SN:79 - ID:10538689
ISMAILIA, Egypt, Jan 17 (MENA) – Chairman of the Suez Canal Authority (SCA) Osama Rabie reviewed Wednesday future cooperation aspects with container shipping giant Maersk. During a virtual meeting with CEO of APM Terminals Keith Svendsen, Chief ....
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Gov't to apply digitized price control system soon - Cabinet spox
Date: 2024-01-17 22:31:45 GMT - Egypt - Economy - SN:75 - ID:10538676
CAIRO, Jan 17 (MENA) – Plans to implement price controls that are based on a digital system for collecting data and registering company and product information will be materializing in the coming period, Cabinet Spokesman Mohamed El Humosani ....
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Primary budget surplus surged during H1 of FY 2023-24: Finance min.
Date: 2024-01-17 21:25:41 GMT - Egypt - Economy - SN:68 - ID:10538543
CAIRO, Jan 17 (MENA) - Egypt recorded a primary budget surplus of EGP 150 billion during the first half of FY 2023-2024, compared to EGP 25 billion during the same period a year earlier, Minister of Finance Mohamed Maait said during a cabinet ....
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'Wadi El-Arish' dry bulk carrier joins Egyptian merchant fleet
Date: 2024-01-17 21:15:23 GMT - Egypt - Economy - SN:67 - ID:10538686
CAIRO, Jan 17 (MENA) - In an important day for the Egyptian maritime transport sector, Minister of Transport Kamel el Wazir announced the delivery of the "Wadi El-Arish" to the National Navigation Company. The minister's announcement was made at ....
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GASC buys 360,000 tons of Russian, French wheat
Date: 2024-01-17 19:49:16 GMT - Egypt - Economy - SN:58 - ID:10538641
CAIRO, Jan 17 (MENA) - The General Authority for Supply Commodities (GASC) said it had reached an agreement to purchase 360,000 tons of Russian and French wheat through an international tender. In a press release on Wednesday, the authority said ....
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Bourse indexes end lower on profit-taking
Date: 2024-01-17 18:17:26 GMT - Egypt - Economy - SN:47 - ID:10538453
CAIRO, Jan 17 (MENA) - Egyptian Exchange (EGX) indexes ended lower at the close of trading on Wednesday, amid profit-taking and restructure of the portfolios operations following high increases witnessed in some shares and sectors in recent weeks ....
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2 contracts signed to explore for gold in eastern desert
Date: 2024-01-17 14:13:50 GMT - Egypt - Economy - SN:35 - ID:10538086
CAIRO, Jan 17 (MENA) – Petroleum Minister Tarek el Molla, representing Egyptian Mineral Resources Authority, signed on Wednesday with Canada’s Aton Resources for Mining company a raw gold and material exploitation contract at a 58-km area in the ....