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Economy
- Service : English General
- Category : Economy
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Investments of Robbiki leather city reach 7.2 billion pounds - minister
Date: 2023-12-21 15:57:50 GMT - Egypt - Economy - SN:46 - ID:10501540
CAIRO, Dec 21 (MENA) - Trade and Industry Minister Ahmed Samir said on Thursday total investments of Robbiki Leather City, a model city dedicated for upgrading the leather industry in Egypt, are estimated at 7.2 billion pounds. The minister gave ....
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Electricity min., US amb. probe boosting investments
Date: 2023-12-21 15:32:08 GMT - Egypt - Economy - SN:43 - ID:10501355
CAIRO, Dec 21 (MENA) - Minister of Electricity and Renewable Energy Mohamed Shaker on Thursday said the expansion in reliance on renewable energy contributes to boosting the share of the clean energy in power generation and preserving the ....
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International consortium to back second container terminal at Damietta port
Date: 2023-12-21 15:11:11 GMT - Egypt - Economy - SN:40 - ID:10501464
CAIRO, Dec 21 (MENA) - A consortium of international companies and institutions will support the development of a second container terminal in Damietta Port in Egypt, which will triple the port’s container capacity and improve its competitiveness. ....
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Sisi asserts importance of developing ports
Date: 2023-12-21 14:24:45 GMT - Egypt - Economy - SN:32 - ID:10501294
CAIRO, Dec 21 (MENA) - President Abdel Fattah El Sisi asserted the importance of upgrading ports for boosting Egypt's position as an international hub for trade exchange and logistics services to support national development plans and achieve ....
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Bourse indexes down at close of Thursday's trading session
Date: 2023-12-21 12:58:48 GMT - Egypt - Economy - SN:27 - ID:10501341
CAIRO, Dec 21 (MENA) - Egyptian Exchange (EGX) indexes declined at the close of Thursday's trading session, on the back of sales by Egyptian, Arab and foreign investors. The session saw buying operations by Arab, local and foreign ....
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Dollar rates stable at start of Thursday's transactions
Date: 2023-12-21 09:23:49 GMT - Egypt - Economy - SN:12 - ID:10500895
CAIRO, Dec 21 (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 ....
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IPO program is part of comprehensive economic reform process: Cabinet spox
Date: 2023-12-20 22:54:23 GMT - Egypt - Economy - SN:89 - ID:10500527
CAIRO, Dec 20 (MENA) - Egypt is looking forward to a comprehensive economic reform despite regional as well as international economic challenges, Cabinet Spokesman Mohamed el-Homsani said. During a phone interview with Sada El Balad satellite TV ....
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State plans to exit from many business activities and sectors - PM - 2 last New Capital
Date: 2023-12-20 19:16:38 GMT - Egypt - Economy - SN:76 - ID:10500409
The other two sectors, namely banking and insurance businesses, are already on the government IPO plan, Madbouly said. He added the government will announce the companies in the pipeline for stake sales, along with the timeline of their ....
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State plans to exit from many business activities and sectors - PM
Date: 2023-12-20 18:46:01 GMT - Egypt - Economy - SN:74 - ID:10500195
NEW CAPITAL, Dec 20 (MENA) – Prime Minister Mostafa Madbouli said the State plans to exit from many business activities and sectors, partially or totally, through the the State Ownership Policy. Egypt has secured about $ 5.6 billion from total ....
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Egypt secures $5.6 bln from selling stakes in 14 state-owned companies - PM
Date: 2023-12-20 17:17:42 GMT - Egypt - Economy - SN:67 - ID:10500265
CAIRO, Dec 20 (MENA) - Egypt has secured $5.6 billion from the partial and full sale of stakes in 14 state-owned companies, Prime Minister Mostafa Madbouli said on Wednesday. At a press conference, Madbouli said the government, in collaboration ....
