Economy

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  • Category : Economy
  • 36 container ships, cargo vessels handled at Damietta Port

    Date: 2024-02-12 14:29:19 GMT - Egypt - Economy - SN:46 - ID:10577313

    DAMIETTA, Egypt, Feb 12 (MENA) – As many as 36 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Monday, the Damietta Port Authority's media center said the total trade volume of ....

  • Bourse posts collective gains at end of Monday's transactions

    Date: 2024-02-12 14:16:45 GMT - Egypt - Economy - SN:45 - ID:10577197

    CAIRO, Feb 12 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session backed by purchases of Egyptian and foreign investment funds. The market capital gained about EGP 5 billion to register at EGP ....

  • Finance minister highlights competitive advantages of Egyptian economy

    Date: 2024-02-12 10:45:47 GMT - United Arab Emirates - Economy - SN:28 - ID:10576596

    DUBAI, Feb 12 (MENA) – Finance Minister Mohamed Ma’eit said Monday that the Egyptian economy has competitive advantages that could be more stimulating for investments and exports. The Egyptian economy has an advanced and a strong infrastructure ....

  • IDSC: Egypt rose 3 places in the 2024 Agility Emerging Markets Logistics Index

    Date: 2024-02-12 09:41:04 GMT - Egypt - Economy - SN:20 - ID:10576510

    CAIRO, Feb 12 (MENA) - Egypt rose 3 places in the Agility Emerging Markets Logistics Index, ranking the 18th place out of 50 countries in 2024, scoring 5.04 points, compared to 21st place out of 50 countries in 2023, and coming in seventh place in ....

  • PM says greatly appreciates cooperation with IMF

    Date: 2024-02-12 09:28:00 GMT - United Arab Emirates - Economy - SN:18 - ID:10576351

    DUBAI, Feb 12 (MENA) – Prime Minister Moustafa Madbouli greatly appreciated cooperation between Egypt and the International Monetary Fund (IMF), stressing that his government is still working to achieve comprehensive economic reform. Madbouli, in ....

  • WBG president says keen on continued cooperation with Egypt

    Date: 2024-02-12 08:14:54 GMT - United Arab Emirates - Economy - SN:10 - ID:10576294

    DUBAI, Feb 12 (MENA) – President of the World Bank Group (WBG) Ajay Banga said he is looking forward to continuing cooperation with Egypt, which, he noted, is working hard on economic reforms and its initial public offering (IPO) program. Those ....

  • EGX posts collective losses at close of Sunday trading

    Date: 2024-02-11 13:14:50 GMT - Egypt - Economy - SN:45 - ID:10575478

    CAIRO, Feb 11 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading session, prompted by selling operations by Arab and foreign institutions and investment funds, as well as foreign investors, against purchases ....

  • Egypt, UAE sign complementary protocol to avoid double taxation

    Date: 2024-02-11 13:04:57 GMT - Egypt - Economy - SN:44 - ID:10575377

    CAIRO, Feb 11 (MENA) – Finance Minister Mohamed Ma’eit said Sunday that a complementary protocol signed with the UAE to avoid double taxation and prevent income tax evasion is meant to boost opportunities of investment cooperation in all fields. ....

  • Bulgarian min. praises remarkable development witnessed by Egypt

    Date: 2024-02-11 10:29:14 GMT - Egypt - Economy - SN:25 - ID:10575086

    CAIRO, Feb 11 (MENA) - Bulgarian Minister of Economy and Industry Bogdan Bogdanov lauded on Sunday the remarkable development witnessed by Egypt in the various fields. He further referred to Egypt's keenness on using modern manufacturing ....

  • Egypt, Bulgaria sign natural gas MoU

    Date: 2024-02-10 20:42:23 GMT - Egypt - Economy - SN:66 - ID:10574625

    CAIRO, Feb 10 (MENA) - Minister of Petroleum and Mineral Resources Tarek El Molla and Bulgarian Minister of Energy Rumen Radev signed a memorandum of understanding for cooperation in the natural gas sector on Saturday. The Memorandum of ....

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