Economy

  • Service : English General
  • Category : Economy
  • State keen to expand fertilizers industry to meet local needs – Min.

    Date: 2024-02-06 21:11:15 GMT - Egypt - Economy - SN:80 - ID:10568805

    CAIRO, Feb 6 (MENA) – Minister of Public Business Sector Mahmoud Esmat has underlined the importance of the fertilizers industry, noting that the state is keen to expand activities in this vital sector. The minister’s remarks came on Tuesday ....

  • Board chairman of DPA meets delegation from Ocean Network Express

    Date: 2024-02-06 19:23:30 GMT - Egypt - Economy - SN:68 - ID:10568711

    DAMIETTA, Egypt, Feb 6 (MENA) - Board Chairman of the Damietta Port Authority (DPA) Ahmed Hawash probed ways of bolstering cooperation with a delegation from Ocean Network Express, one of the largest container shipping operators in the world. ....

  • PM directs govt to develop plan to annually produce 100 tons of silk

    Date: 2024-02-06 19:11:35 GMT - Egypt - Economy - SN:66 - ID:10568719

    CAIRO, Feb 6 (MENA) - Prime Minister Mostafa Madbouli instructed the government to draw up a plan to annually produce 100 tons of silk, with a view to meeting the needs of the silk industry in Egypt. Madbouli's instructions came during a cabinet ....

  • Gupco says it targets increasing daily production of crude oil to 72,000 barrels in 2024/2025

    Date: 2024-02-06 18:32:16 GMT - Egypt - Economy - SN:59 - ID:10568484

    CAIRO, Feb 6 (MENA) - The Gulf of Suez Petroleum Company (Gupco) announced that its investment plan for the year 2024-2025 includes injecting investments worth nearly USD 586 million to increase its daily production of crude oil from 66,000 barrels ....

  • EGX posts collective losses at close of Tuesday trading

    Date: 2024-02-06 16:10:57 GMT - Egypt - Economy - SN:47 - ID:10568357

    CAIRO, Feb 6 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Tuesday's trading session, prompted by selling operations by Arab and foreign institutions and investment funds, as well as foreign investors, against purchases ....

  • Chief: SCZONE discusses establishing Turkish industrial zone

    Date: 2024-02-06 12:55:06 GMT - Egypt - Economy - SN:34 - ID:10568137

    CAIRO, Feb 6 (MENA) - Chief of the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dein said that discussions are currently underway to establish a Turkish industrial zone within the Suez Canal Economic Zone. This came during Gamal's meeting ....

  • Industry minister: Egypt's commodity exports recorded more than $35bln in 2023

    Date: 2024-02-06 12:53:41 GMT - Egypt - Economy - SN:32 - ID:10568000

    CAIRO, Feb 6 (MENA) - Minister of Trade and Industry Ahmed Samir said on Tuesday that Egypt has managed to increase its exports of commodities in a tangible way despite economic crises in the region and the world. The minister's statements came ....

  • PM, Samsung Electronics discuss means to pump more investments in market

    Date: 2024-02-06 12:48:53 GMT - Egypt - Economy - SN:30 - ID:10567869

    CAIRO, Feb 6 (MENA) – Prime Minister Moustafa Madbouli said that he is looking forward to more investments of Samsung Electronics company in Egypt in the coming period especially in light of the investment incentives of the Egyptian government to ....

  • Min.: Isdb Group funds 382 projects in Egypt worth $21 bln

    Date: 2024-02-06 12:19:44 GMT - Egypt - Economy - SN:26 - ID:10567721

    CAIRO, Feb 6 (MENA) - Minister of International Cooperation Rania al Mashaat Tuesday said Egypt is one of the countries benefiting largely from financing offered by the Islamic Development Bank Group (IsDB), with as many as 382 projects carried out ....

  • IsDB president, ministers visit Cairo West Power Plant

    Date: 2024-02-06 09:23:54 GMT - Egypt - Economy - SN:16 - ID:10567436

    CAIRO, Feb 6 (MENA) - Chairman of Islamic Development Bank (IsDB) Group Muhammad Sulaiman Al Jasser Tuesday visited Cairo West Power Plant that was co-financed by the bank in 1989, with 14 million dollars and in 2014, with 137 million dollars, in ....

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