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Economy
- Service : English General
- Category : Economy
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Cabinet approves amendment to regulations governing licenses for heavy industries
Date: 2024-08-08 13:55:16 GMT - Egypt - Economy - SN:31 - ID:10821197
NEW ALAMEIN, Egypt, Aug 8 (MENA) - The cabinet, under Prime Minister Mostafa Madbouli, approved on Thursday a draft decision amending some provisions of Law no 47/2020 as regards regulations governing the issuance of licenses for heavy ....
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Egypt's bourse shows mixed performance at close of Thursday's trading
Date: 2024-08-08 13:01:04 GMT - Egypt - Economy - SN:29 - ID:10821027
CAIRO, Aug 8 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Thursday's trading, backed by strong purchases by institutions and Egyptian and foreign investment funds along with Arab investors and foreigners, against ....
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AOI opens new gas stove safety valves production line
Date: 2024-08-08 12:20:08 GMT - Egypt - Economy - SN:25 - ID:10820938
CAIRO, Aug 8 (MENA) - Chairman of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif inaugurated on Thursday the production line of gas stove safety valves at the Arab-British Company for Dynamics Industries (ABD), which is ....
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Egypt, IMF discuss mechanisms for developing National Accounts System
Date: 2024-08-08 12:07:44 GMT - Egypt - Economy - SN:24 - ID:10820737
CAIRO, Aug 8 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat on Thursday discussed in a virtual meeting with Elirjeta Pepaj, the regional advisor on national accounts and price statistics at the ....
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EGP1.9b to support exporters under immediate cash payment initiative- Min.
Date: 2024-08-08 09:35:39 GMT - Egypt - Economy - SN:14 - ID:10820589
CAIRO, Aug 8 (MENA) – Finance Minister Ahmed Kouchouk said Thursday a new EGP1.9-billion tranche is set to be given for 560 exporting companies under the seventh phase of the immediate cash payment initiative meant to support exporters. The ....
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Petroleum min., Vaalco Energy mull ways to increase production in Eastern, Western Desert
Date: 2024-08-08 08:50:36 GMT - Egypt - Economy - SN:12 - ID:10820585
CAIRO, Aug 8 (MENA) – Petroleum Minister Karim Badawy has discussed with the US VAALCO Energy corporation its plans and programs to increase oil and natural gas production in the Eastern and Western Desert. The minister on Thursday received a ....
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CAPMAS: Monthly inflation rate down in July 2024
Date: 2024-08-08 08:43:27 GMT - Egypt - Economy - SN:11 - ID:10820630
CAIRO, Aug 8 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the inflation rate recorded 0.5 percent at 226.7 points in July 2024, down from 1.8 in June 2024. In a press release on Thursday, CAPMAS referred ....
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PM: Ministerial economic group to draw up policies to curb inflation, ease price pressures
Date: 2024-08-07 19:27:48 GMT - Egypt - Economy - SN:71 - ID:10820144
NEW ALAMEIN, Aug 7 (MENA) - Prime Minister Mostafa Madbouli said the cabinet's Ministerial Economic Group (MEG) puts inflation on top of agenda by adopting a set of policies to curb it in such a manner that helps ease price pressures on ....
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Housing Ministry, global Siemens in talks over smart systems in new cities
Date: 2024-08-07 18:34:31 GMT - Egypt - Economy - SN:66 - ID:10819129
CAIRO, Aug 7 (MENA) - Deputy Housing Minister Sayed Ismail underlined the importance of holding coordinating meetings to secure the ministry's goals in using smart systems and sustainable solutions in order to offer high-quality services in the new ....
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Beltone: Egypt has sufficient cash reserves to cover financing needs
Date: 2024-08-07 16:28:57 GMT - Egypt - Economy - SN:57 - ID:10820044
CAIRO, Aug (MENA) - Beltone Holding Company said on Wednesday that Egypt has cash reserves enough to cover its financing needs that are estimated at 39 billion dollars in the coming fiscal year with total inflows worth 33 billion dollars. In a ....
