Economy

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  • Category : Economy
  • Mollah: Egypt oil supplies not affected by disturbances in Red Sea, gas exports stable

    Date: 2024-02-20 14:50:53 GMT - Egypt - Economy - SN:48 - ID:10589636

    CAIRO, Feb 20 (MENA) - Minister of Petroleum and Mineral Resources Tarek El Molla affirmed that Egypt's petroleum product supplies have not been affected by the recent disturbances in the south of the Red Sea region, while costs have slightly ....

  • Egypt's exports up to dlrs 3.012 bn in January

    Date: 2024-02-20 14:09:12 GMT - Egypt - Economy - SN:42 - ID:10589646

    CAIRO, Feb 20 (MENA) - Trade and Industry Minister Ahmed Samir said Egypt's commodities exports upped 4.3 percent in January 2024 to stand at dlrs 3.012 billion against 2.887 billion in the same month in 2023. Commodities imports dropped by 40 ....

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

    Date: 2024-02-20 09:02:41 GMT - Egypt - Economy - SN:18 - ID:10588916

    CAIRO, Feb 20 (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 ....

  • Petroleum min., ADNOC official confer on expansion plans

    Date: 2024-02-19 22:43:28 GMT - Egypt - Economy - SN:94 - ID:10588522

    CAIRO, Feb 19 (MENA) – Petroleum Minister Tareq el Molla met Monday with Bader Saeed Al Lamki, the CEO of ADNOC for Distribution, to discuss the company’s expansion plans in Egypt. Molla welcomed ADNOC’s investments in Egypt, noting that the ....

  • Petroleum min. discusses cooperation with ADNOC, Baker Hughes

    Date: 2024-02-19 21:35:25 GMT - Egypt - Economy - SN:90 - ID:10588521

    CAIRO, Feb 19 (MENA) – Petroleum Minister Tareq el Molla met Monday with Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions & International Growth Directorate at ADNOC, to discuss means of boosting bilateral cooperation with the UAE ....

  • Trade min. : local industry should comply with global environmental standards

    Date: 2024-02-19 20:20:18 GMT - Egypt - Economy - SN:87 - ID:10588256

    CAIRO, Feb 19 (MENA) - Minister of Trade and Industry Ahmed Samir said the government is keen on achieving industrial and technological development and boosting high value added exports, while paying more attention to environmental ....

  • Cooperation with WB in natural gas sphere 'crucial': Petroleum min.

    Date: 2024-02-19 20:06:58 GMT - Egypt - Economy - SN:85 - ID:10588520

    CAIRO, Feb 19 (MENA) - Petroleum and Mineral Resources Minister Tarek el Molla underlined the importance of having a furitful cooperation with the World Bank (WB), especially in the natural gas sphere. The minister's remarks came during his ....

  • FRA amends measures to protect accounts of stock market customers

    Date: 2024-02-19 20:03:54 GMT - Egypt - Economy - SN:83 - ID:10588349

    CAIRO, Feb 19 (MENA) – The Financial Regulatory Authority (FRA) has decided to amend some measures to boost protection of accounts of customers dealing with stock companies. The Egyptian Exchange (EGX), in a statement Monday, said this move is ....

  • Petroleum minister: We have capability of leading green hydrogen industry in region

    Date: 2024-02-19 19:36:25 GMT - Egypt - Economy - SN:80 - ID:10588212

    CAIRO, Feb 19 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla asserted Egypt has the special and unique geographical location, potential and necessary infrastructure to become a hub for producing green hydrogen and lead the ....

  • $30 mln deal inked with ICD to SMEs in Egypt: Banque Misr

    Date: 2024-02-19 19:31:35 GMT - Egypt - Economy - SN:79 - ID:10588253

    CAIRO, Feb 19 (MENA) – The Islamic Corporation for the Development of the Private Sector (ICD), member of the Islamic Development Bank (IsDB) Group, signed a letter of intent (LoT) with Banque Misr for a $30 million finance line to support small and ....

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