Economy

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  • Category : Economy
  • Egypt, Saudi Arabia sign MoU in mineral resources field

    Date: 2024-01-09 16:29:54 GMT - Egypt - Economy - SN:52 - ID:10526193

    CAIRO, Jan 9 (MENA) - Petroleum and Mineral Resources Minister Tarek el Molla has signed a memorandum of understanding (MoU) with Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim. The MoU, which was signed on the sidelines of ....

  • Mining sector witnesses overall development in all its activities: Petroleum min.

    Date: 2024-01-09 16:08:49 GMT - Egypt - Economy - SN:50 - ID:10526491

    CAIRO, Jan 9 (MENA) - The mining sector is witnessing an overall development in all its activities, said Petroleum and Mineral Resources Minister Tarek el Molla. The minister further referred to the huge investments in the mining sector through ....

  • All EGX indices up, benchmark increases 0.97 pct

    Date: 2024-01-09 14:57:34 GMT - Egypt - Economy - SN:39 - ID:10526188

    CAIRO, Jan 9 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Tuesday's trading, pushed by purchases from local and Arab institutions and investment funds, as well as foreign investors. Meanwhile, sales prevailed in ....

  • GAFI, Maxim Group ink contract to launch first medical, health resort in Egypt

    Date: 2024-01-09 10:05:29 GMT - Egypt - Economy - SN:19 - ID:10525576

    CAIRO, Jan 9 (MENA) – Executive Director of the General Authority of Free Zones and Investment (GAFI) Hossam Heiba inked with Board Chairman of Maxim Investment Group Mohamed Karrar the contract of establishing the first medical and health resort in ....

  • Sisi directs to increase expenses on improving conditions of citizens in new budget: Finance min.

    Date: 2024-01-09 09:05:42 GMT - Egypt - Economy - SN:16 - ID:10525494

    CAIRO, Jan 9 (MENA) – Finance Minister Mohamed Maait has asserted that President Abdel Fattah El Sisi gave directives to increase the expenditure on improving the living conditions of citizens and sustainable work to meet the basic needs of ....

  • Dollar price stable at start of Tuesday's transactions

    Date: 2024-01-09 08:53:55 GMT - Egypt - Economy - SN:15 - ID:10525542

    CAIRO, Jan 9 (MENA) - The dollar exchange rate was stable at the start of Tuesday'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 ....

  • Egypt will submit strong bid to host Expo 2035: IDSC

    Date: 2024-01-08 20:25:22 GMT - Egypt - Economy - SN:84 - ID:10525088

    CAIRO, Jan 8 (MENA) - A research project titled “Document Highlighting the Strategic Directions for the Egyptian Economy for the New Presidential Term (2024-2030)” revealed government intention to set up a strong promotional plan and national bid ....

  • Gov't aims to strengthen private sector's economic empowerment

    Date: 2024-01-08 20:00:02 GMT - Egypt - Economy - SN:79 - ID:10524991

    CAIRO, Jan 8 (MENA) – The government is keen to achieve more economic empowerment for the private sector in the new presidential term from 2024 to 2030 under the State Ownership Policy Document. The Cabinet's Information and Decision Support ....

  • Transport min. probes shipbuilding industry development efforts with SCA chief

    Date: 2024-01-08 19:58:14 GMT - Egypt - Economy - SN:78 - ID:10524961

    CAIRO, Jan 8 (MENA) – Minister of Transport Kamel El Wazir and Chairman of the Suez Canal Authority (SCA) Osama Rabie reviewed Monday how to entrench the local shipbuilding industry. During a meeting with heads of the Federation of Egyptian ....

  • IDSC aims to increase volume of investments, exports to 50% of GDP in 2024-2030

    Date: 2024-01-08 19:14:50 GMT - Egypt - Economy - SN:73 - ID:10525054

    CAIRO, Jan 8 (MENA) - The Information and Decision Support Center (IDSC) aims to increase the volume of investments and exports to 50 percent of GDP during 2024-2030. This came in a document, prepared by the IDSC, which highlights the strategic ....

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