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Economy
- Service : English General
- Category : Economy
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17,000 tons of goods handled at Red Sea ports
Date: 2023-12-12 08:08:36 GMT - Egypt - Economy - SN:12 - ID:10487016
HURGHADA, Egypt, Dec 12 (MENA) - About 17,000 tons of goods were handled at different Red Sea harbors, the Red Sea Ports Authority (RSPA) said in a statement on Tuesday. The imports included 5,500 tons of goods, 506 trucks, and 70 cars, while the ....
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PM: Gov't fully backs Sumitomo's project for largest electric-wiring harness factory in Egypt
Date: 2023-12-11 20:32:16 GMT - Egypt - Economy - SN:89 - ID:10486395
CAIRO, Dec 11 (MENA) - Prime Minister Mostafa Madbouli said the Japanese Sumitomo Group is one of Egypt's strategic partners, asserting his full support to the company's new project to establish the world’s largest factory for pigtail and wiring ....
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Bourse indexes down at close of Monday's trading session
Date: 2023-12-11 14:03:13 GMT - Egypt - Economy - SN:56 - ID:10485948
CAIRO, Dec 11 (MENA) - Egyptian Exchange (EGX) indexes declined at the close of Monday'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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Egypt's agricultural exports hit USD 3.5 bln in 2022/2023 season
Date: 2023-12-11 13:48:19 GMT - Egypt - Economy - SN:54 - ID:10485831
CAIRO, Dec 11 (MENA) - Egypt's agricultural exports rose by 24.6 percent in the 2022/2023 export season to hit USD 3.5 billion, compared to USD 2.8 billion in the previous export season, announced the Agriculture Export Council. The volume of ....
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Dollar rates stable at start of Monday's transactions
Date: 2023-12-11 09:15:57 GMT - Egypt - Economy - SN:28 - ID:10485158
CAIRO, Dec 11 (MENA) - The dollar exchange rate was stable at the start of Monday'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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Emigration minister says expats offered unprecedented business incentives in Egypt
Date: 2023-12-11 09:06:33 GMT - Egypt - Economy - SN:25 - ID:10485071
CAIRO, Dec 11 (MENA) – Emigration Minister Soha Gendy said Monday that the new republic has offered unprecedented incentives to encourage businessmen to invest in Egypt. Gendy, in a meeting with board chairman of Netsync Tamer Hedayet, reviewed ....
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EGX indexes down at end of Sunday trading
Date: 2023-12-10 14:40:35 GMT - Egypt - Economy - SN:59 - ID:10483914
CAIRO, Dec 10 (MENA) - Egyptian Exchange (EGX) indexes posted collective losses at the close of Sunday's trading on the back of sales by local and Arab investors. The market capital reached 1.626 trillion pounds after transactions that totaled ....
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Dollar rates stable at start of Sunday's transactions
Date: 2023-12-10 09:10:38 GMT - Egypt - Economy - SN:28 - ID:10483054
CAIRO, Dec 10 (MENA) - The dollar exchange rate was stable at the start of Sunday'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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CAPMAS: Annual inflation declines to 36.4% in November
Date: 2023-12-10 08:17:37 GMT - Egypt - Economy - SN:18 - ID:10482838
CAIRO, Dec 10 (MENA) - Egypt's annual core inflation rate declined to 36.4 percent in November 2023 from 38.5 percent in October, according to the the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday. CAPMAS said in a ....
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100.7 bln earmarked for manufacturing industries investments in 2023-2024 plan: Planning min.
Date: 2023-12-09 17:05:40 GMT - Egypt - Economy - SN:51 - ID:10482019
CAIRO, Dec 9 (MENA) – Planning and Economic Development Minister Hala El Saeed said manufacturing industries represent the biggest GDP contributor, making up at least 16 per cent of the country’s GDP, not to mention the sector’s huge employment ....
