Economy

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  • Category : Economy
  • Egypt among best African countries in real estate investment

    Date: 2024-11-13 10:32:47 GMT - South Africa - Economy - SN:25 - ID:10950413

    PRETORIA, Nov 13 (MENA) - Egypt is among the best destinations for real estate investment in Africa and one of the most investment-attractive markets in real estate and achieving profitable revenues, according to a report issued by Numbeo indicator ....

  • Civil aviation min. heads for Bahrain to paricipatein Bahrain Int'l Airshow

    Date: 2024-11-13 09:41:34 GMT - Egypt - Economy - SN:20 - ID:10950263

    CAIRO, Nov 13 (MENA) - Civil Aviation Minister Sameh el Hefny headed for Bahrain Wednesday to participate in the 7th Bahrain International Airshow starting on November 15. Hefny, who is leading a high-profile delegation, asserted the importance ....

  • Canadian company establishes factory to get out gold in Eastern Desert: Petroleum

    Date: 2024-11-13 09:14:36 GMT - Egypt - Economy - SN:16 - ID:10950095

    CAIRO, Nov 13 (MENA) - Minister of Petroleum and Mineral Wealth Karim Badawy conferred with a delegation of Aton Resources company under its Chairman Tonno Vahk on establishing a factory to extract and treat gold from Abu Marawat Concession, located ....

  • Egyptian, Saudi housing ministers probe coop. for establishing joint real estate fund

    Date: 2024-11-12 22:36:00 GMT - Egypt - Economy - SN:66 - ID:10949990

    CAIRO/RIYADH, Nov 12 (MENA) - Minister of Housing, Utilities and Urban Communities, Engineer Sherif El-Sherbini and his Saudi counterpart Majed Al-Hogail reviewed ways to promote joint cooperation in urban development. During a meeting on the ....

  • Trade exchange between Egypt, Malaysia grew by 55% in recent years, says min.

    Date: 2024-11-12 22:23:13 GMT - Egypt - Economy - SN:61 - ID:10949719

    CAIRO, Nov 12 (MENA) - Minister of Industry and Transport Kamel el Wazir said the volume of trade exchange between Egypt and Malaysia grew by 55% in recent years. Wazir made the remarks as he attended a celebration held by the Ezz Elarab ....

  • Maiden voyage of DFDS’s freight ferry service between Italy, Egypt to start on Nov. 29

    Date: 2024-11-12 18:55:38 GMT - Egypt - Economy - SN:37 - ID:10949619

    CAIRO, Nov 12 (MENA) – The maiden voyage of the DFDS’s new direct ferry service between Egypt and Italy is scheduled to commence on November 29, the shipping company said in a statement. DFDS, a leading European shipping and transportation ....

  • IFE says its portfolio in Egypt until 2025 amounts to 100 million euros

    Date: 2024-11-12 18:01:35 GMT - Egypt - Economy - SN:36 - ID:10948686

    CAIRO, Nov 12 (MENA) - CEO of the facility Investment for Employment (IFE) Steffen Kuhl said the size of their portfolio in Egypt until 2025 amounts to about 100 million euros, covering 11 projects. Kuhl, in statements to MENA, said this is an ....

  • Cabinet denies requesting increase of IMF's loan tranche to $2 bln

    Date: 2024-11-12 17:35:25 GMT - Egypt - Economy - SN:35 - ID:10949592

    CAIRO, Nov 12 (MENA) - The Cabinet's media center denied reports that Egyptian authorities requested the International Monetary Fund (IMF) to increase the USD 1.3 billion fourth tranche of the loan program to USD 2 billion. In a statement ....

  • CBE governor denies reports on Egypt request for increase in IMF loan’s 4th tranche

    Date: 2024-11-12 16:44:23 GMT - Egypt - Economy - SN:33 - ID:10949596

    CAIRO, Nov 12 (MENA) - Governor of the Central Bank of Egypt (CBE) Hassan Abdullah has denied reports claiming that Egypt requested an increase in the 4th tranche of a loan from the International Monetary Fund (IMF) to USD 2 billon instead of USD ....

  • EGX indexes down at end of Tuesday trading

    Date: 2024-11-12 14:48:23 GMT - Egypt - Economy - SN:28 - ID:10949345

    CAIRO, Nov 12 (MENA) - Egyptian Exchange (EGX) indexes posted collective losses at the end of trading Tuesday on the back of sales operations by foreign investment funds and individual Arab and foreign investors. The market capital reached 2.278 ....

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