Economy

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  • Category : Economy
  • Finance min.: Additional financing needs secured for 2023-2024 FY budget, no new loans needed

    Date: 2024-06-15 10:10:39 GMT - Egypt - Economy - SN:13 - ID:10749073

    CAIRO, June 15 (MENA) - Minister of Finance Mohamed Maait on Saturday said that additional financing needs of the general state budget of the 2023-2024 FY have been secured from state's additional resources, without seeking further loans that ....

  • CAPMAS: Egypt ranked world’s 6th country on expats’ remittances in 2023

    Date: 2024-06-15 08:44:07 GMT - Egypt - Economy - SN:11 - ID:10749006

    CAIRO, June 15 (MENA) – Egypt held the 6th position among the world’s remittance recipient countries in 2023, the Central Agency for Public Mobilization and Statistics (CAPMAS) said. The agency said in a statement released on Saturday to mark ....

  • SCZONE seeks to become global hub for green energy, says chief

    Date: 2024-06-14 17:38:18 GMT - Egypt - Economy - SN:57 - ID:10748717

    CAIRO, June 14 (MENA) - Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal El Din said the zone seeks to achieve its ambitious strategy to become a global hub for green energy. Gamal El Din made the comments ....

  • Int'l cooperation min.: We coordinate with private sector to benefit from development partners' services

    Date: 2024-06-14 16:44:48 GMT - Egypt - Economy - SN:54 - ID:10748611

    CAIRO, June 14 (MENA) - Minister of International Cooperation Rania el Mashat said her ministry works to enhance coordination with the private sector to benefit from available financial and non-financial services offered by development ....

  • 41 container ships, cargo vessels handled at Damietta Port in 24 hours

    Date: 2024-06-14 16:06:20 GMT - Egypt - Economy - SN:51 - ID:10748613

    DAMIETTA, Egypt, June 7 (MENA) – As many as 41 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Friday, the Damietta Port Authority's media center said the total volume of exported ....

  • Egypt, US discuss holding 6th round of TIFA negotiations

    Date: 2024-06-14 14:38:35 GMT - Egypt - Economy - SN:46 - ID:10748552

    CAIRO, June 14 (MENA) - Head of the Egyptian Commercial Service (ECS) Minister Plenipotentiary Yahya El Wathiq-billah discussed with a US delegation, led by Sonia Franceski Director, Middle East Affairs Office of the United States Trade ....

  • Int'l cooperation minister seeks to boost cooperation with Spain's AECID

    Date: 2024-06-14 13:11:29 GMT - Egypt - Economy - SN:38 - ID:10748405

    CAIRO, June 14 (MENA) – International Cooperation Minister Rania el Mashaat met Friday with director of the Spanish Agency for International Development Cooperation (AECID) Antón Leis García to discuss means of boosting bilateral cooperation. ....

  • Planning minister says EGP 5.9bn set for development projects in Red Sea governorate

    Date: 2024-06-14 12:21:46 GMT - Egypt - Economy - SN:32 - ID:10748288

    CAIRO, June 14 (MENA) – Planning Minister Hala el Saeid said Friday that the value of investments allocated for the Red Sea governorate in 2023-2024 amounted to 5.9 billion pounds. A report by the Ministry put the number of development projects ....

  • GASC to import 22,500 tons of crude vegetable oil

    Date: 2024-06-14 08:01:23 GMT - Egypt - Economy - SN:16 - ID:10747995

    CAIRO, June 14 (MENA) – The General Authority for Supply Commodities (GASC) has decided, on behalf of the Ministry of Supply and Internal Trade, to import 22,500 tons of crude cooking oil, through an international tender. The GASC said in a ....

  • Trade minister reviews investment incentives in Egyptian market at meeting with Turkey's MUSIAD association

    Date: 2024-06-13 17:03:55 GMT - Turkey - Economy - SN:52 - ID:10747668

    ISTANBUL/CAIRO, June 13 (MENA) - Egyptian Minister of Trade and Industry Ahmed Samir said his ministry has compiled a list of 152 investment opportunities to meet the domestic industry’s needs for production requirements. This represents a ....

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