Economy

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  • Category : Economy
  • Dollar prices stable at start of Thursday's trading

    Date: 2023-12-28 08:42:43 GMT - Egypt - Economy - SN:7 - ID:10509897

    CAIRO, Dec 28 (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 ....

  • Cabinet spox: Agri-Food Industries Complex aims to promote investments

    Date: 2023-12-27 18:36:52 GMT - Egypt - Economy - SN:51 - ID:10509546

    CAIRO, Dec 27 (MENA) - The main goal to set up an Agri-Food Industries Complex in Sadat City is to promote investments in Egypt, as it will be the biggest complex in the Middle East and is projected to yield over 100,000 tons of agricultural food ....

  • All EGX indexes up at close of Wednesday trading

    Date: 2023-12-27 13:36:49 GMT - Egypt - Economy - SN:28 - ID:10509064

    CAIRO, Dec 27 (MENA) - Egyptian Exchange (EGX) indexes went up collectively at the close of Wednesday's trading, pushed by purchases from foreign institutions and investment funds, as well as Egyptian investors. Meanwhile, sales prevailed in ....

  • Agriculture minister says Sinai on map of comprehensive development

    Date: 2023-12-27 13:35:29 GMT - Egypt - Economy - SN:26 - ID:10508884

    CAIRO, Dec 27 (MENA) – Agriculture Minister el Sayyed el Qusseir said Wednesday that Sinai is on the map of comprehensive development as part of “an ambitious and unprecedented” plan to construct the peninsula. In a statement today, Qusseir said ....

  • PM witnesses inking of final contract to develop "Safaga 2" plant

    Date: 2023-12-27 11:49:31 GMT - Egypt - Economy - SN:19 - ID:10508532

    CAIRO, Dec 27 (MENA) – Prime Minister Moustafa Madbouli witnessed the inking of a final contract to develop the superstructure, operate and maintain a multi-purpose plant at Safaga Port. The plant, “Safaga 2”, will be operated through a free ....

  • PM witnesses inking contracts of largest food industries complex in Mideast

    Date: 2023-12-27 11:37:35 GMT - Egypt - Economy - SN:17 - ID:10508636

    CAIRO, Dec 27 (MENA) - Prime Minister Moustafa Madbouli witnessed on Wednesday the inking of contracts for establishing the largest complex of agricultural food industries in the Middle East in the Sadat City at dlrs 300 million investments. The ....

  • 16,000 tons of goods handled at Red Sea ports

    Date: 2023-12-27 09:34:18 GMT - Egypt - Economy - SN:12 - ID:10508440

    HURGHADA, Dec 27 (MENA) - Seven ships are being anchored at Red Sea harbors, the Red Sea Ports Authority (RSPA) said. In a statement issued Wednesday, the RSPA said 16,000 tons of goods were being handled at the ports, including commodities, 1032 ....

  • Dollar prices stable at start of Wednesday's trading

    Date: 2023-12-27 07:47:00 GMT - Egypt - Economy - SN:9 - ID:10508360

    CAIRO, Dec 27 (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 ....

  • CBE says Jan 1st official holiday for banks

    Date: 2023-12-26 19:40:47 GMT - Egypt - Economy - SN:57 - ID:10508131

    CAIRO, Dec 26 (MENA) - The Central Bank of Egypt (CBE) announced that banks will be off on Monday, January 1, 2024, on the occasion of the end of the fiscal year. In a statement Tuesday, the CBE said that work at banks will be resumed on ....

  • PM says SCZONE is promising, competitive investment destination

    Date: 2023-12-26 18:35:51 GMT - Egypt - Economy - SN:51 - ID:10507918

    CAIRO, Dec 26 (MENA) - Prime Minister Mostafa Madbouli said the Suez Canal Economic Zone (SCZONE) is a promising and competitive investment destination, as it provides a wide range of incentives and benefits for investors. Madbouli made the ....

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