Economy

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  • Category : Economy
  • IDSC aims to increase volume of investments, exports to 50% of GDP in 2024-2030

    Date: 2024-01-08 19:14:50 GMT - Egypt - Economy - SN:73 - ID:10525054

    CAIRO, Jan 8 (MENA) - The Information and Decision Support Center (IDSC) aims to increase the volume of investments and exports to 50 percent of GDP during 2024-2030. This came in a document, prepared by the IDSC, which highlights the strategic ....

  • Banque Misr pres.: EGP 15 bln in sales of 23.5% monthly, 27% annually certificates

    Date: 2024-01-08 17:14:54 GMT - Egypt - Economy - SN:67 - ID:10524893

    CAIRO, Jan 8 (MENA) – Chairman of the Egyptian Banks Union and President of Banque Misr Mohamed el Atribi revealed Monday proceeds of bank sale of certificates at 23.5% monthly returns, and 27% annually, have amounted to EGP 15 billion so far. In ....

  • Cabinet: We seek to attain economic growth of 6% to 8% in 6 years

    Date: 2024-01-08 14:59:04 GMT - Egypt - Economy - SN:60 - ID:10524745

    CAIRO, Jan 8 (MENA) - The Cabinet has prepared a comprehensive research project titled “Document Highlighting the Strategic Directions for the Egyptian Economy (2024-2030).” This document, which was prepared by the cabinet Information and Decision ....

  • Bourse indexes show mixed performance

    Date: 2024-01-08 13:36:17 GMT - Egypt - Economy - SN:50 - ID:10524662

    CAIRO, Jan 8 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Monday's trading session, amid sales by foreign institutions and investments funds, as well as Egyptian, Arab and foreign investors, against purchases by ....

  • Dollar price stable at start of Monday's transactions

    Date: 2024-01-08 08:35:08 GMT - Egypt - Economy - SN:17 - ID:10524020

    CAIRO, Jan 8 (MENA) - The dollar exchange rate was stable at the start of Monday'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 ....

  • Gov't targets $300 bln. foreign currency reserves annually: Cabinet spox - 2 Last Cairo

    Date: 2024-01-07 22:18:31 GMT - Egypt - Economy - SN:61 - ID:10523779

    The State is also keen on drawing up a unified law on industry and industrial localization, while working for luring more foreign investments and promoting the private sector's role in national economy, the cabinet spokesman said. Having secured ....

  • Gov't targets $300 bln. foreign currency reserves annually: Cabinet spox

    Date: 2024-01-07 21:37:07 GMT - Egypt - Economy - SN:59 - ID:10523780

    CAIRO, Jan 7 (MENA) - The State is working for increasing tourism revenues and expat remittances, while maximizing foreign exchange resources, Cabinet Spokesman Mohamed Al Homusani told local media on Sunday. During a phone interview with Sada El ....

  • 39 container ships, cargo vessels handled at Damietta Port

    Date: 2024-01-07 20:08:59 GMT - Egypt - Economy - SN:55 - ID:10523754

    DAMIETTA, Egypt, Jan 7 (MENA) – As many as 39 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Sunday, the Damietta Port Authority's media center said the total trade volume of ....

  • Rapporteur of investment committee at national dialogue praises gov't measures to support private sector

    Date: 2024-01-07 15:56:00 GMT - Egypt - Economy - SN:40 - ID:10523416

    CAIRO, Jan 7 (MENA) - Rapporteur of the Private and Local Investment Committee at the National Dialogue Samir Sabry said that the Egyptian government provided all forms of facilitation to encourage domestic and foreign private sectors to pump more ....

  • Mashat discusses preparations for cooperation with WB mission in enhancing technical cooperation with gov't

    Date: 2024-01-07 13:50:33 GMT - Egypt - Economy - SN:34 - ID:10523385

    CAIRO, Jan 7 (MENA) - Minister of International Cooperation and Egypt's Governor at the World Bank Group Rania El Mashat emphasized on Sunday the importance of the partnership with the World Bank Group that extended over decades, reflecting in the ....

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