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Economy
- Service : English General
- Category : Economy
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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 ....
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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 ....
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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 ....
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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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20,000 tons of goods handled at Red Sea Ports
Date: 2024-02-06 09:10:27 GMT - Egypt - Economy - SN:15 - ID:10567524
HURGHADA, Egypt, Feb 6 (MENA) - About 20,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 7,000 tons of goods, 691 trucks and 72 ....
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Gov't working on boosting foreign currency cash flow to curb price hikes: PM
Date: 2024-02-05 19:52:49 GMT - Egypt - Economy - SN:77 - ID:10566972
CAIRO, Feb 5 (MENA) – Prime Minister Moustafa Madbouli said Monday the State is taking various measures to boost foreign currency cash flow, which will help overcome many ensuing problems, atop of which commodity shortage and price ....
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CBE announces increase in foreign currency reserves by $30 bn
Date: 2024-02-05 16:02:16 GMT - Egypt - Economy - SN:61 - ID:10566666
CAIRO, Feb 5 (MENA) - The Central Bank of Egypt (CBE) announced Monday an increase in the reserves of foreign currencies by about 30 million dollars. The CBE put the total reserves of foreign currencies at about 35.249 billion dollars by the end ....
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Official gazette publishes rules rationalizing investment spending in domestic bodies in public treasury, economic authorities
Date: 2024-02-05 15:16:53 GMT - Egypt - Economy - SN:53 - ID:10566395
CAIRO, Feb 5 (MENA) - The official gazette on Monday published Prime Minister Mostafa Madbouli's decision no. 241 of year 2024 on rules regulating rationalization of investment spending in domestic bodies in the public treasury of the state and ....
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Bourse gains EGP 7 bn, all indexes up
Date: 2024-02-05 13:53:34 GMT - Egypt - Economy - SN:42 - ID:10566393
CAIRO, Feb 5 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by purchases by local institutions and Arab and foreign investors, against sales by Arab and foreign institutions, as well ....
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Official Gazette publishes PM's decision on abolishing tax exemptions for state-owned entities
Date: 2024-02-05 13:49:26 GMT - Egypt - Economy - SN:39 - ID:10566087
CAIRO, Feb 5 (MENA) - The Official Gazette on Monday published the prime minister's Decision no. 242 of 2024 on abolishing tax and fee exemptions for state entities and affiliated companies in economic and investment activities. The decision aims ....
