Economy

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  • Category : Economy
  • Trade minister probes with BSH delegation company's future plans in Egypt

    Date: 2024-02-01 13:10:51 GMT - Egypt - Economy - SN:41 - ID:10560826

    CAIRO, Feb 1 (MENA) - Minister of Trade and Industry Ahmed Samir discussed with a delegation representing BSH Egypt company for home appliances led by CEO Luis Alvarez the company's future action plans in the Egyptian market. BSH Egypt is a ....

  • IMC, WB discuss updating national strategy for developing Egyptian industry

    Date: 2024-02-01 12:44:39 GMT - Egypt - Economy - SN:39 - ID:10560689

    CAIRO, Feb 1 (MENA) - Executive Director of the Industrial Modernization Center (IMC) Duaa Salima said the electronic platform for the list of 152 investment opportunities launched in the industrial sector is a promising investment opportunity for ....

  • Dollar exchange rate stable at Thursday's transactions

    Date: 2024-02-01 08:51:19 GMT - Egypt - Economy - SN:14 - ID:10560303

    CAIRO, Feb 1 (MENA) - The dollar exchange rate was stable at the start of Thursday'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 ....

  • IMF continues $3B financing talks with Egypt amid economic challenges, regional unrest

    Date: 2024-01-31 21:59:46 GMT - USA - Economy - SN:80 - ID:10560012

    WASHINGTON, Jan 31 (MENA) - The International Monetary Fund (IMF) said Wednesday that its discussions with Egypt regarding a $3 billion financing package were ongoing and progressing, Forbes Middle East reported. The IMF's statement comes a day ....

  • PM meets with officials of Mercedes-Benz company to review cooperation opportunities

    Date: 2024-01-31 18:52:58 GMT - Egypt - Economy - SN:69 - ID:10559884

    CAIRO, Jan 31 (MENA) – Prime Minister Mostafa Madbouli expressed his appreciation of the existing cooperation between Egypt and Germany in several fields and his support of the investments of Mercedes-Benz company in Egypt as well as all other ....

  • CBE denies any new regulations concerning cash withdrawal

    Date: 2024-01-31 18:31:54 GMT - Egypt - Economy - SN:68 - ID:10559906

    CAIRO, Jan 31 (MENA) - The Central Bank of Egypt (CBE) stressed on Wednesday that no new regulations organizing cash withdrawal operations have been issued. The bank stressed that August 25, 2022 regulations are still in place without any new ....

  • EU invests 500 million euros in water sector in Egypt: Head of EU delegation to Egypt

    Date: 2024-01-31 17:19:35 GMT - Egypt - Economy - SN:63 - ID:10559688

    ALEXANDRIA, Jan 31 (MENA) - Head of the European Union (EU) Delegation to Egypt Ambassador Christian Berger asserted the importance of treating sanitation water in Egypt, pointing out to the European Union's support of this sector that reached 500 ....

  • Int'l cooperation minister hails important partnership with WFP

    Date: 2024-01-31 16:01:44 GMT - Egypt - Economy - SN:55 - ID:10559615

    ROME, Jan 31 (MENA) – International Cooperation Minister Rania el Mashaat has stressed the importance of the long-term strategic partnership with the World Food Program (WFP). This strategy is meant to expand projects to enhance food security ....

  • Egypt participates in BRICS countries meeting in Moscow

    Date: 2024-01-31 16:00:12 GMT - Egypt - Economy - SN:53 - ID:10559523

    CAIRO, Jan 31 (MENA) – Egyptian Deputy Foreign Minister and head of the country’s delegation in BRICS Ragui al-Etrebi participated on Wednesday in the meeting of Sherpas and sous-Sherpas of BRICS countries in Moscow. Egyptian Ambassador to Russia ....

  • Cabinet okays cancellation of tax exemptions for investment, economic activities

    Date: 2024-01-31 15:15:43 GMT - Egypt - Economy - SN:51 - ID:10559528

    CAIRO, Jan 31 (MENA) – Meeting under Prime Minister Moustafa Madbouli earlier Wednesday, the Cabinet okayed a number of important decisions, including one about the executive regulations of Law 159 of 2023. The law is about the cancellation of ....

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