Economy

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  • Category : Economy
  • Egypt, France cooperate for latest air navigation systems technology

    Date: 2024-07-18 14:57:01 GMT - Egypt - Economy - SN:50 - ID:10791627

    CAIRO, July 18 (MENA) - Civil Aviation Minister Sameh el Hefny said on Thursday cooperation with France's Thales Group comes as part of his ministry's plan to cope up with the latest technologies used in air navigation systems. Such a cooperation ....

  • Sisi directs offering necessary facilities to lure investments to SCZone

    Date: 2024-07-18 11:13:03 GMT - Egypt - Economy - SN:31 - ID:10791321

    CAIRO, July 18 (MENA) - President Abdel Fattah El Sisi directed on Thursday offering necessary facilities to lure investments to the General Authority For Suez Canal Economic Zone (SCZone) and ironing out administrative hurdles to investors. He ....

  • EGP 8.25bln revenues of SCZONE in fiscal year 2023/2024

    Date: 2024-07-18 08:45:12 GMT - Egypt - Economy - SN:18 - ID:10790832

    CAIRO, July 18 (MENA) - Chairman for the General Authority of Suez Canal Economic Zone (SCZONE) Walid Gamal el Din announced the success of the SCZONE to achieve total revenues of EGP 8.25 billion in the fiscal year 2023/2024 at a 36-percent ....

  • Planning ministry keen on boosting cooperation with France to continue structural reforms to encourage private sector: Planning min.

    Date: 2024-07-18 07:54:38 GMT - Egypt - Economy - SN:15 - ID:10790743

    CAIRO, July 18 (MENA) - Planning Minister Rania el Mashat asserted her ministry's keenness on increasing cooperation with the French side in light of the state's attention in the coming period to the prioritized files, topped by implementing ....

  • UNCTAD: Global trade in 2024 could reach almost US$ 32 trln

    Date: 2024-07-18 07:46:29 GMT - Egypt - Economy - SN:14 - ID:10790833

    CAIRO, July 18 (MENA) - The United Nations Trade and Development (UNCTAD) said the current global trade trends have turned positive, with goods trade increasing by around 1 percent quarter over quarter (QoQ ) in Q1 2024. Services trade grew at ....

  • Economic group is of special importance for new gov't - Spox

    Date: 2024-07-17 19:26:11 GMT - Egypt - Economy - SN:70 - ID:10790539

    CAIRO, July 17 (MENA) – The economic group is of special importance as regards the tasks of the new government, saying that its mission is to follow up economic events and achieve balance in main indicators of national economy, Cabinet Spokesman ....

  • CBE, AFD ink memo to support financing SMEs

    Date: 2024-07-17 17:41:47 GMT - Egypt - Economy - SN:61 - ID:10790405

    CAIRO, July 17 (MENA) – The Central Bank of Egypt signed a memorandum of understanding with the French Development Agency (AFD) to begin implementing the 'Finance in Common' program which aims to support comprehensive economic development in Egypt ....

  • Cabinet okays agreement with AfDB to support private sector development

    Date: 2024-07-17 13:46:41 GMT - Egypt - Economy - SN:41 - ID:10789864

    CAIRO, July 17 (MENA) – Meeting under Prime Minister Moustafa Madbouli Wednesday, the Cabinet approved a draft decree by President Abdel Fattah El Sisi regarding an agreement with the African Development Bank (AfDB) to contribute to financing the ....

  • ‘We plan to decrease budget debt starting 2024/2025,’ says finance min.

    Date: 2024-07-17 13:44:31 GMT - Egypt - Economy - SN:39 - ID:10789712

    CAIRO, July 17 (MENA) - Finance Minister Ahmed Kouchouk said Wednesday the ministry aims to put the budget debt on a downward path, during the review of future estimates for the budget of Fiscal Year (FY) 2024-2025. This came during the ....

  • All EGX indexes up at close of Wednesday trading

    Date: 2024-07-17 12:36:32 GMT - Egypt - Economy - SN:36 - ID:10789798

    CAIRO, July 17 (MENA) - Egyptian Exchange (EGX) indexes went up collectively at the close of Wednesday's trading, pushed by slaes operations by Arab and Egyptian institutions and funds. The market capital gained nearly EGP 34 billion, registering ....

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