Economy
- Service : English General
- Category : Economy
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51,000 tons of goods handled at Red Sea Ports
Date: 2024-03-11 08:57:14 GMT - Egypt - Economy - SN:13 - ID:10619564
HURGHADA, Egypt, March 11 (MENA) - About 51,000 tons of goods were handled at the different Red Sea harbors on Monday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 4,500 tons of goods, 483 trucks and 92 ....
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Public business min. probes investment opportunities with Norway
Date: 2024-03-10 21:20:35 GMT - Egypt - Economy - SN:68 - ID:10619291
CAIRO, March 10 (MENA) - Minister of Public Business Sector Mahmoud Esmat and Norwegian Ambassador in Cairo Hilde Klemetsdal reviewed Sunday mutual cooperation aspects and joint investment opportunities, especially in the new and renewable energy ....
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Egypt targets surplus of 3.5% in 2024/25 budget
Date: 2024-03-10 16:26:51 GMT - Egypt - Economy - SN:51 - ID:10618971
CAIRO, March 10 (MENA) - Minister of Finance Mohamed Maait said Sunday the new budget 2024/25 targets a surplus of 3.5%. He added in a press conference that Egypt aims to achieve a primary surplus of no less than 3.5% and reduce the debt rate for ....
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Petroleum Ministry: Gastec sales record 576.4mn cubic meters in 2023
Date: 2024-03-10 16:18:31 GMT - Egypt - Economy - SN:50 - ID:10618882
CAIRO, MARCH 10 (MENA) - Sales of the Egyptian International Gas Technology Company (Gastec) increased to nearly 576.4 million cubic meters of natural gas in 2023, accounting for 43 percent of the total market's share. The share is the highest ....
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Bourse posts collective gains at start of week transactions
Date: 2024-03-10 14:50:23 GMT - Egypt - Economy - SN:45 - ID:10618702
CAIRO, March 10 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the start of this week trading, backed by purchases of Egyptian and foreign investment funds. The market capital gained about EGP 74 billion to register at EGP ....
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Exchange rate of foreign currencies inches down at end of Sunday's transactions
Date: 2024-03-10 14:49:31 GMT - Egypt - Economy - SN:44 - ID:10618775
CAIRO, March 10 (MENA) - The exchange rate of foreign currencies inched down at the end of Sunday's transactions at Egypt's major banks following decisions of the Central Bank of Egypt (CBE) to unify the exchange rates and raise interest rates at ....
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Maait: No intention to issue bonds in int'l markets till end of current fiscal year
Date: 2024-03-10 13:02:46 GMT - Egypt - Economy - SN:36 - ID:10618605
CAIRO, March 10 (MENA) - Minister of Finance Mohammed Maait announced that there are no intentions to issue bonds in the international markets until the end of the current fiscal year. During a press conference held Sunday, the minister added ....
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House approves amendment to unified finance law
Date: 2024-03-10 12:53:41 GMT - Egypt - Economy - SN:34 - ID:10618622
CAIRO, March 10 (MENA) - The House of Representatives has given its final approval to a draft resolution on the amendment of the Unified Public Finance Law no. 6 of 2022. The draft resolution was presented by the government and some MPs to amend ....
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Egypt's primary budget surplus records EGP 193 bn: Finance min.
Date: 2024-03-10 12:36:00 GMT - Egypt - Economy - SN:30 - ID:10618523
CAIRO, March 10 (MENA) - Egypt has achieved a primary budget surplus of EGP 193 billion during the first eight months of the budget, at a rate of 1.44% of the State's domestic product, compared to EGP 41.8 billion for the same period last year, ....
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CAPMAS: Annual inflation rate up by 36 percent in February
Date: 2024-03-10 11:55:02 GMT - Egypt - Economy - SN:28 - ID:10618457
CAIRO, March 10 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) announced a rise in the general Consumer Price Index nationwide to reach 219.4 points for the month of February 2024, indicating an annual inflation rate of ....