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Economy
- Service : English General
- Category : Economy
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Egypt's food industry exports hit record highs reaching $4.3 bn in first ten months of 2023
Date: 2023-12-13 09:09:59 GMT - Egypt - Economy - SN:14 - ID:10488890
CAIRO, Dec 13 (MENA) - Egypt's food industry exports reached $4.3 billion in the first ten months of 2023, said Chairman of the Food Export Council (FEC) Hani Barzi on Wednesday. The figure marks a significant 15 percent increase in the same ....
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55,000 tons of goods handled at Red Sea ports
Date: 2023-12-13 08:15:15 GMT - Egypt - Economy - SN:10 - ID:10488903
HURGHADA, Egypt, Dec 13 (MENA) - About 55,000 tons of goods were handled at different Red Sea harbors, the Red Sea Ports Authority (RSPA) said in a statement on Wednesday. The imports included 4,500 tons of goods, 450 trucks, and 710 cars, while ....
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Transport min.: We work with Italy to finalize procedures for operating ro-ro line
Date: 2023-12-12 20:47:56 GMT - Egypt - Economy - SN:91 - ID:10488553
CAIRO, Dec 12 (MENA) - Transport Minister Kamel el Wazir said his ministry is working with the Italian side to finalize the procedures for operating a ro-ro (roll-on/roll-off) line between Egypt and Italy. Speaking at a press conference on the ....
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PM discusses mechanisms for allocating funds to meet health sector's needs
Date: 2023-12-12 17:44:22 GMT - Egypt - Economy - SN:70 - ID:10488348
CAIRO, Dec 12 (MENA) - Prime Minister Mostafa Madbouli on Tuesday held a meeting to discuss mechanisms for allocating the necessary funds to the Egyptian Authority for Unified Procurement, Medical Supply and Medical Technology Management (UPA) to ....
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Discussions underway with Kuwaiti companies on manufacturing opportunities in Egypt: official
Date: 2023-12-12 17:43:22 GMT - Egypt - Economy - SN:69 - ID:10487954
CAIRO, Dec 12 (MENA) - Head of the Federation of Egyptian Industries (FEI)’s Chamber of Food Industries Ashraf el Gazayerli said discussions are underway with some Kuwaiti companies on manufacturing opportunities in Egypt given its importance as a ....
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Bourse indexes show mixed performance at closing of Tuesday sessions
Date: 2023-12-12 15:13:52 GMT - Egypt - Economy - SN:49 - ID:10487860
CAIRO, Dec 12 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Tuesday's trading session, backed by purchases by institutions and foreign investment funds, against sales by Arab investors and local institutions. The ....
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Dollar rates stable at start of Tuesday's transactions
Date: 2023-12-12 09:03:11 GMT - Egypt - Economy - SN:19 - ID:10487064
CAIRO, Dec 12 (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 ....
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17,000 tons of goods handled at Red Sea ports
Date: 2023-12-12 08:08:36 GMT - Egypt - Economy - SN:12 - ID:10487016
HURGHADA, Egypt, Dec 12 (MENA) - About 17,000 tons of goods were handled at different Red Sea harbors, the Red Sea Ports Authority (RSPA) said in a statement on Tuesday. The imports included 5,500 tons of goods, 506 trucks, and 70 cars, while the ....
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PM: Gov't fully backs Sumitomo's project for largest electric-wiring harness factory in Egypt
Date: 2023-12-11 20:32:16 GMT - Egypt - Economy - SN:89 - ID:10486395
CAIRO, Dec 11 (MENA) - Prime Minister Mostafa Madbouli said the Japanese Sumitomo Group is one of Egypt's strategic partners, asserting his full support to the company's new project to establish the world’s largest factory for pigtail and wiring ....
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Bourse indexes down at close of Monday's trading session
Date: 2023-12-11 14:03:13 GMT - Egypt - Economy - SN:56 - ID:10485948
CAIRO, Dec 11 (MENA) - Egyptian Exchange (EGX) indexes declined at the close of Monday's trading session, on the back of sales by Egyptian, Arab and foreign investors. The session saw buying operations by Arab, local and foreign ....
