Economy

  • Service : English General
  • Category : Economy
  • Cabinet: Power cuts resulting from notable increase of temperature, forcing more gas consumption

    Date: 2023-10-29 14:06:02 GMT - Egypt - Economy - SN:48 - ID:10415511

    CAIRO, Oct 29 (MENA) - Cabinet Spokesman Sameh El-Kheshen said the increase of power cut periods, started as of Saturday, was the result of notable increase of temperatures compared with the same period of last year, forcing a more consumption of ....

  • Supply Ministry bans trade in precious metals not registered at Assay, Weights Authority

    Date: 2023-10-29 14:03:20 GMT - Egypt - Economy - SN:47 - ID:10415475

    CAIRO, Oct 29 (MENA) - Minister of Supply and Internal Trade Ali Moselhi on Sunday issued decision no. 149 of 2023 prohibiting trade, export or import of precious metals and stones unless they are registered at the Assay and Weights Authority by a ....

  • GAFI head: Schneider Electric plays key role in transferring technology to Egyptian industry

    Date: 2023-10-29 10:08:57 GMT - Egypt - Economy - SN:31 - ID:10415089

    CAIRO, Oct 29 (MENA) - Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Schneider Electric is playing a pioneering role in transferring technology to the Egyptian industry. He made the remarks on Sunday ....

  • Dollar exchange rate stable at start of Sunday's transactions

    Date: 2023-10-29 08:23:41 GMT - Egypt - Economy - SN:18 - ID:10414913

    CAIRO, Oct 29 (MENA) - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP ....

  • Global(1):Alltech Joins Vital Group to Build an Industry Chain for High-End Medical Imaging

    Date: 2023-10-28 18:32:57 GMT - China - Economy - SN:64 - ID:10414558

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ =============================================================== CHENGDU, China, Oct. 28, 2023 /PRNewswire/ -- On Oct. 28th, Alltech, a high-end medical imaging ....

  • Sisi asserts State supports investors - 4 last Cairo

    Date: 2023-10-28 14:59:21 GMT - Egypt - Economy - SN:43 - ID:10414090

    As for small and medium-sized enterprises, Sisi said the State may build industrial facilities for them, based on specific mechanisms that help save investors' time, efforts, and money. Speaking about the role of councils, such as export councils ....

  • Sisi asserts State supports investors - 3 Cairo

    Date: 2023-10-28 14:00:26 GMT - Egypt - Economy - SN:39 - ID:10414089

    To save investors' efforts, industrial parks have been built in the form of 'hangars' so that investors could take over their facilities with all administrative approvals completed, Sisi said, noting that investors would just bring their equipment ....

  • Sisi asserts State supports investors - 2 Cairo

    Date: 2023-10-28 13:54:23 GMT - Egypt - Economy - SN:38 - ID:10414099

    Commenting on the executive situation of the National Initiative for Developing Egyptian Industry (Ebda, or "Start") while opening the 2nd edition of the annual International Manufacturing Convention and Exhibition (IMCE) today, Sisi asserted his ....

  • Sisi witnesses opening of IMCE – 3 Cairo

    Date: 2023-10-28 11:51:40 GMT - Egypt - Economy - SN:30 - ID:10413742

    Mohamed El Seihi, managing director of Mediterranean Agricultural Products Company (MAPCO), said the company has managed to process over 11,000 tons of citrus and export more than 8,000 tons of citrus to the European Union and East Asian countries, ....

  • FEI head: Industrial sector supports Sisi, State 4 last Cairo

    Date: 2023-10-28 11:40:42 GMT - Egypt - Economy - SN:29 - ID:10413720

    Sewedy said the Federation is participating in "Decent Life" initiative through the provision of job opportunities in "Decent Life" areas. There are distinguished and unique industrial plots of lands in the New Administrative Capital (NAC) and ....

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