Economy

  • Service : English General
  • Category : Economy
  • Communication min. witnesses launch of new services

    Date: 2024-01-03 16:54:52 GMT - Egypt - Economy - SN:49 - ID:10518663

    CAIRO, Jan 3 (MENA) - Communications and IT Minister Amr Talaat witnessed the pilot launch of "Baridi" service which is an up-to-date service for handing over recorded messages as well as "waslha express" e-commerce service. He referred to the ....

  • Gold price refreshes weekly low ahead of FOMC minutes, US data

    Date: 2024-01-03 15:46:46 GMT - USA - Economy - SN:46 - ID:10518557

    NEW YORK, Jan 3 (MENA) - Gold price (XAU/USD) turned negative on Wednesday amid caution ahead of the Federal Open Market Committee (FOMC) minutes and crucial data from the United States, namely the Institute for Supply Management (ISM) ....

  • Cabinet allocates plots of land to buyers in US dollars

    Date: 2024-01-03 14:42:54 GMT - Egypt - Economy - SN:39 - ID:10518330

    CAIRO, Jan 3 (MENA) – The cabinet has approved New Urban Communities Authority decision of sale of plots of lands in US dollars. In its 184th session dated November 26, the New Urban Communities Authority has agreed to sell some plots of land to ....

  • Bourse indexes show mixed performance

    Date: 2024-01-03 13:39:24 GMT - Egypt - Economy - SN:30 - ID:10518321

    CAIRO, Jan 3 (MENA) – Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading session, amid sales by Arab and foreign institutions and investment funds, as well as Egyptian and foreign investors, against purchases ....

  • Dollar price stable at start of Wednesday's transactions

    Date: 2024-01-03 08:16:57 GMT - Egypt - Economy - SN:8 - ID:10517662

    CAIRO, Jan 3 (MENA) - The dollar exchange rate was stable at the start of Wednesday'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 ....

  • Arab Contractors inks deal to rebuild Libya’s Derna infrastructure

    Date: 2024-01-02 20:32:53 GMT - Libya - Economy - SN:66 - ID:10517377

    DERNA, Libya, Jan 2 (MENA) – Executive Director of Derna Reconstruction Fund, Belqasim Khalifa and Board Chairman of the Egyptian construction company Arab Contractors Ahmed el Assar signed Tuesday a major deal to rebuild Derna city’s ....

  • Min.: Awqaf Authority’s profits, revenues rise 18.2% in 1st half of current FY

    Date: 2024-01-02 19:59:41 GMT - Egypt - Economy - SN:65 - ID:10517282

    CAIRO, Jan 2 (MENA) – The Egyptian Al Awqaf Authority’s profits and revenues increased by 18.2% in the first half of the current fiscal year, Awqaf Minister Mohamed Mokhtar Gomaa said. The minister told MENA on Tuesday that the total revenues of ....

  • UAE's Dragon Oil commences production of crude oil from Al Wasl field in Egypt

    Date: 2024-01-02 18:48:16 GMT - United Arab Emirates - Economy - SN:59 - ID:10517266

    DUBAI, Jan 2 (MENA) - Dragon Oil, wholly owned by the Dubai Government, began the New Year by commencing the production of crude oil from the Al Wasl field (North Safa), which is the company's first oil discovery in Egypt. The operation of the Al ....

  • Mulla: MoU inked for supplying North Abu Qir for Agricultural Nutrients Company with green hydrogen

    Date: 2024-01-02 12:59:33 GMT - Egypt - Economy - SN:27 - ID:10516634

    CAIRO, Jan 2 (MENA) - Petroleum Minister Tarek Mulla urged capitalizing on the great investment potentials in the Egyptian investment sector, while proceeding with efforts to cut emissions and protect the environment. He made the remarks during ....

  • Dollar price stable at start of Tuesday's transactions

    Date: 2024-01-02 08:38:13 GMT - Egypt - Economy - SN:11 - ID:10516121

    CAIRO, Jan 2 (MENA) - The dollar exchange rate was stable at the start of Tuesday'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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