Economy

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  • Category : Economy
  • PM attends inking of Ras el Hekma deal with UAE

    Date: 2024-02-23 15:01:56 GMT - Egypt - Economy - SN:37 - ID:10594696

    CAIRO, Feb 23 (MENA) – Prime Minister Mostafa Madbouli witnessed Friday the inking of a direct investment deal, the biggest in Egypt’s history, with the UAE. This investment friendship agreement is meant to develop the Ras el Hekma resort on the ....

  • EBRD and Banque du Caire step up support for MSMEs and women entrepreneurs in Egypt

    Date: 2024-02-23 14:31:36 GMT - Egypt - Economy - SN:35 - ID:10594606

    CAIRO, Feb 23 (MENA) - The European Bank for Reconstruction and Development (EBRD) is providing a financing package of US$50 million (€46 million) to Banque du Caire (BDC), one of Egypt’s largest banks, to scale up support to micro, small and ....

  • Egypt, World Bank probe advancing cooperation in small, medium and micro enterprises

    Date: 2024-02-22 21:34:17 GMT - Egypt - Economy - SN:73 - ID:10593786

    NEW ADMINISTRATIVE CAPITAL, Feb 22 (MENA) - Minister of International Cooperation and Egypt’s Governor at the World Bank Group Rania el Mashat has discussed with the World Bank’s Regional Director for Egypt, Yemen, and Djibouti Stephane Gimbert, and ....

  • Planning minister participates in launching OECD Economic Report for Egypt

    Date: 2024-02-22 19:05:58 GMT - Egypt - Economy - SN:66 - ID:10593513

    PARIS, Feb 22 (MENA) - Planning and Economic Development Minister Hala el Saeed headed to the French capital Paris Thursday to participate in launching the Economic Report for Egypt prepared by the Paris-based Organization for Economic Cooperation ....

  • SCZONE chief: Int'l investments have chosen SCZONE as center for their expansions into various markets

    Date: 2024-02-22 18:17:28 GMT - Egypt - Economy - SN:63 - ID:10593587

    BRUSSELS/CAIRO, Feb 22 (MENA) - Chairman of the General Authority of Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dein said that SCZONE has become a model for international economic cooperation, pointing to the confidence of many international ....

  • Electricity min., EIB official discuss boosting cooperation

    Date: 2024-02-22 15:30:23 GMT - Egypt - Economy - SN:50 - ID:10593202

    CAIRO, Feb 22 (MENA) - Minister of Electricity and Renewable Energy Mohamed Shaker has discussed in a meeting with Inmaculada Martinez, the head of the European Investment Bank's public sector operations unit for Mashreq, ways of fostering ....

  • Bourse indexes post collective gains

    Date: 2024-02-22 13:36:19 GMT - Egypt - Economy - SN:42 - ID:10593148

    CAIRO, Feb 22 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the end of Thursday's trading session, amid purchases by institutions, Arab investment funds and Egyptian and foreign investors, against sales by institutions, Arab ....

  • Omani official to MENA: Egypt has great industrial sector

    Date: 2024-02-22 12:10:18 GMT - Sultanate of Oman - Economy - SN:30 - ID:10592861

    MUSCAT, Feb 22 (MENA) - Mazoon Al Balushi, Investor Relations Specialist, InvestOMAN in the Omani Ministry of Commerce and Industry, said Egypt has a great industrial sector, which is considered the strongest in the Arab arena. Egypt as well has ....

  • Chemical Industries' Export Council: Trade mission heads for Kenya, Uganda in March

    Date: 2024-02-22 10:44:40 GMT - Egypt - Economy - SN:22 - ID:10592686

    CAIRO, Feb 22 (MENA) – Egypt's Chemical and Fertilizers Export Council, in cooperation with Export Council for Building Materials, Refractory Metallurgy Industries (ECBM), will organize a trade mission for Kenya and Uganda on March 3 till 10. The ....

  • CBE: Financial inclusion rates jump to 70.7% by end of 2023

    Date: 2024-02-22 10:13:52 GMT - Egypt - Economy - SN:19 - ID:10592629

    CAIRO, Feb 22 (MENA) – The Central Bank of Egypt (CBE) has announced the main indicators for financial inclusion in 2023, noting that the financial inclusion rates went up to 70.7 percent by the end of 2023 against 64.8 percent one year ....

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