Economy

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  • Category : Economy
  • PM: Dlrs 1 bn needed for confronting power crisis 2 Cairo

    Date: 2024-06-25 13:54:04 GMT - Egypt - Economy - SN:38 - ID:10759051

    Prime Minister Moustafa Madbouli said the government has drawn up a plan for power cuts for two hours daily until ending this crisis by the end of the year. He added that three unprecedented heat waves hit the country during June, noting that ....

  • Bourse gains EGP 22 bn, all indexes up

    Date: 2024-06-25 13:16:06 GMT - Egypt - Economy - SN:32 - ID:10758922

    CAIRO, June 25 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Tuesday's trading session, backed by strong purchases by local institutions and investment funds. The market capital gained about EGP 22 billion to ....

  • Agriculture minister to MENA: Strategic goals in agriculture field achieved

    Date: 2024-06-25 12:40:10 GMT - Egypt - Economy - SN:29 - ID:10758434

    CAIRO, June 25 (MENA) - Minister of Agriculture and Land Reclamation El Sayed El Quseir has emphasized the importance of working to achieve a breakthrough in the agricultutral domain amid challenges facing the ministry. In statements to the ....

  • Banque Misr raises credit card limits by 50% in foreign currency

    Date: 2024-06-25 11:41:22 GMT - Egypt - Economy - SN:27 - ID:10758706

    CAIRO, June 25 (MENA) - Banque Misr raised the limits of credit cards by 50% in foreign currency for spending outside Egypt. The monthly purchase limit now reaches EGP 300,000 for the highest category of credit cards. It also reduced the ....

  • global 1:Hisense Joins Goalkeeping Legends Iker Casillas and Manuel Neuer, to Showcase UEFA EURO 2024™ 'BEYOND GLORY' Hero Products

    Date: 2024-06-25 08:40:13 GMT - United Arab Emirates - Economy - SN:16 - ID:10758391

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================ DUBAI, UAE, June 25, 2024 /PRNewswire/ -- Hisense, a leading global home appliance and ....

  • Sisi signs laws on FY 2022-2023 final accounts of some state bodies

    Date: 2024-06-24 18:20:47 GMT - Egypt - Economy - SN:56 - ID:10757997

    CAIRO, June 24 (MENA) - President Abdel Fattah El Sisi on Monday signed law no. 81 of 2024 to sanction the final account of the prison manufacture and production fund's budget of the fiscal year 2022-2023 at about EGP 447 million. The president ....

  • Gov't continues to secure necessary foreign currency to provide various commodities: PM

    Date: 2024-06-24 18:09:15 GMT - Egypt - Economy - SN:54 - ID:10758003

    CAIRO, June 24 (MENA) - The government, in cooperation with the banking sector, will continue in securing the necessary foreign currency in order to provide the various commodities needed by the domestic market, said Prime Minister Moustafa ....

  • Madbouly follows up latest arrangements for Saturday’s Egypt-EU Investment Conference

    Date: 2024-06-24 15:45:22 GMT - Egypt - Economy - SN:48 - ID:10757818

    CAIRO, June 24 (MENA) - Prime Minister Mostafa Madbouly followed up the latest preparations for hosting the Egyptian-European Investment Conference which will be taking place on June 29-30. This came during a meeting he chaired Monday, after ....

  • PM commends strategic relations between Egypt, France in various fields

    Date: 2024-06-24 15:38:40 GMT - Egypt - Economy - SN:47 - ID:10757519

    CAIRO, June 24 (MENA) - Prime Minister Mostafa Madbouli commended the historical and strategic relations between Egypt and France in different political, economic and cultural fields. Madbouli made the remarks during his meeting on Monday with ....

  • PM meets Japanese Saraya Co. chief ahead of opening 3 factories in SCZone

    Date: 2024-06-24 14:58:02 GMT - Egypt - Economy - SN:45 - ID:10757762

    CAIRO, June 24 (MENA) - Prime Minister Mostafa Madbouly said Monday he appreciated depth of distinguished historic and strategic relations that bring together Egypt and Japan, including Saraya Co., Ltd and the company's project that will be launched ....

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