Economy

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  • Category : Economy
  • GAFI pavilion at COP28 attracts many visitors

    Date: 2023-12-13 13:09:29 GMT - Egypt - Economy - SN:37 - ID:10489413

    CAIRO, Dec 13 (MENA) – Government officials and investors from different world countries have visited the pavilion of Egypt’s General Authority for Investment and Free Zones (GAFI) at the international climate conference (COP28) in Dubai, the ....

  • Dollar exchange rate stable at start of Wednesday's transactions

    Date: 2023-12-13 10:04:19 GMT - Egypt - Economy - SN:20 - ID:10488970

    CAIRO, Dec 13 (MENA) - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered ....

  • GAFI named regional director of WAIPA Steering Committee in MENA

    Date: 2023-12-13 09:55:15 GMT - Egypt - Economy - SN:19 - ID:10489042

    CAIRO, Dec 13 (MENA) – Egypt’s General Authority for Investment and Free Zones (GAFI) has been named regional director of the WAIPA Steering Committee for the Middle East and North Africa (MENA) from December 2023 through December 2025. Short ....

  • Egypt's food industry exports hit record highs reaching $4.3 bn in first ten months of 2023

    Date: 2023-12-13 09:09:59 GMT - Egypt - Economy - SN:14 - ID:10488890

    CAIRO, Dec 13 (MENA) - Egypt's food industry exports reached $4.3 billion in the first ten months of 2023, said Chairman of the Food Export Council (FEC) Hani Barzi on Wednesday. The figure marks a significant 15 percent increase in the same ....

  • 55,000 tons of goods handled at Red Sea ports

    Date: 2023-12-13 08:15:15 GMT - Egypt - Economy - SN:10 - ID:10488903

    HURGHADA, Egypt, Dec 13 (MENA) - About 55,000 tons of goods were handled at different Red Sea harbors, the Red Sea Ports Authority (RSPA) said in a statement on Wednesday. The imports included 4,500 tons of goods, 450 trucks, and 710 cars, while ....

  • Transport min.: We work with Italy to finalize procedures for operating ro-ro line

    Date: 2023-12-12 20:47:56 GMT - Egypt - Economy - SN:91 - ID:10488553

    CAIRO, Dec 12 (MENA) - Transport Minister Kamel el Wazir said his ministry is working with the Italian side to finalize the procedures for operating a ro-ro (roll-on/roll-off) line between Egypt and Italy. Speaking at a press conference on the ....

  • PM discusses mechanisms for allocating funds to meet health sector's needs

    Date: 2023-12-12 17:44:22 GMT - Egypt - Economy - SN:70 - ID:10488348

    CAIRO, Dec 12 (MENA) - Prime Minister Mostafa Madbouli on Tuesday held a meeting to discuss mechanisms for allocating the necessary funds to the Egyptian Authority for Unified Procurement, Medical Supply and Medical Technology Management (UPA) to ....

  • Discussions underway with Kuwaiti companies on manufacturing opportunities in Egypt: official

    Date: 2023-12-12 17:43:22 GMT - Egypt - Economy - SN:69 - ID:10487954

    CAIRO, Dec 12 (MENA) - Head of the Federation of Egyptian Industries (FEI)’s Chamber of Food Industries Ashraf el Gazayerli said discussions are underway with some Kuwaiti companies on manufacturing opportunities in Egypt given its importance as a ....

  • Bourse indexes show mixed performance at closing of Tuesday sessions

    Date: 2023-12-12 15:13:52 GMT - Egypt - Economy - SN:49 - ID:10487860

    CAIRO, Dec 12 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Tuesday's trading session, backed by purchases by institutions and foreign investment funds, against sales by Arab investors and local institutions. The ....

  • Dollar rates stable at start of Tuesday's transactions

    Date: 2023-12-12 09:03:11 GMT - Egypt - Economy - SN:19 - ID:10487064

    CAIRO, Dec 12 (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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