Economy

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  • Category : Economy
  • EGX gains over EGP 23bln

    Date: 2024-02-07 13:56:56 GMT - Egypt - Economy - SN:36 - ID:10569949

    CAIRO, Feb 7 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Wednesday's trading session, backed by purchases by local institutions and Egyptian, Arab and foreign investors. The market capital gained about EGP ....

  • Massive expansions at Dahshur compressor station to raise capacity to 46 million cubic meters of gas per day

    Date: 2024-02-07 13:13:44 GMT - Egypt - Economy - SN:34 - ID:10569825

    CAIRO, Feb 7 (MENA) - The Ministry of Petroleum and Mineral Resources said Wednesday the expansions of the Dahshur gas compressor station that aim to increase the capacity by more than two-thirds. In an inspection tour by minister Tarek El Molla, ....

  • Public Business min., ExpoLink head discuss investment opportunities available in spinning & weaving sector

    Date: 2024-02-07 13:09:54 GMT - Egypt - Economy - SN:32 - ID:10569731

    CAIRO, Feb 7 (MENA) – Minister of Public Business Sector Mahmoud Esmat discussed on Wednesday with Chairman of Egyptian Exporters Association (ExpoLink) Mohamed Kassem means of fostering partnership and investment opportunities available at Holding ....

  • 18 ,000 tons of goods handled at Red Sea Ports

    Date: 2024-02-07 07:57:00 GMT - Egypt - Economy - SN:11 - ID:10569175

    HURGHADA, Egypt, Feb 7 (MENA) - About 18,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 5,500 tons of goods, 615 trucks and 70 ....

  • 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 ....

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