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Economy
- Service : English General
- Category : Economy
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Maait: Economic reform program stimulates private sector to promote production, exports
Date: 2024-05-16 15:23:52 GMT - Egypt - Economy - SN:62 - ID:10708237
CAIRO, May 16 (MENA) - Finance Minister Mohamed Maait said that the government is adopting an economic reform program to stimulate the private sector in the country in order to promote production and exports. The country's rectified economic ....
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Bourse posts collective gains at end of week transactions
Date: 2024-05-16 14:22:41 GMT - Egypt - Economy - SN:50 - ID:10708245
CAIRO, May 16 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by purchases by local institutions and investment funds, against sales by Arab and foreign institutions, as well as ....
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10,000 tons of goods handled at Red Sea Ports
Date: 2024-05-16 10:29:31 GMT - Egypt - Economy - SN:24 - ID:10707742
HURGHADA, Egypt, May 16 (MENA) - About 10,000 tons of goods were handled at the different Red Sea harbors on Thurdsday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said the imports included 2,000 tons of goods, 240 trucks ....
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Dollar exchange rate stable at start of Thursday's transactions
Date: 2024-05-16 08:03:36 GMT - Egypt - Economy - SN:10 - ID:10707459
CAIRO, May 16 (MENA) - The dollar exchange rate was stable at the start of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 46.83 for buying and EGP 46.93 for ....
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HMM shipping line's delegation follows up improvements at DCHC
Date: 2024-05-15 22:01:49 GMT - Egypt - Economy - SN:72 - ID:10707133
DAMIETTA, Egypt, May 15 (MENA) – A high-level delegation from HMM Co Ltd (HMM), an integrated logistics company, visited the Damietta Container & Cargo Handling Co. (DCHC) on Wednesday. The visit was organized pursuant to directives given by ....
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2nd tranche of Ras el Hikma investments to support Egyptian pound, experts tell MENA
Date: 2024-05-15 17:49:05 GMT - Egypt - Economy - SN:55 - ID:10706867
CAIRO, May 15 (MENA) – Egypt’s reception of the second tranche of investments of Ras El Hikma city shall enhance the stability of the exchange market, support the exchange rate of the Egyptian pound against the US dollar, and stimulate the ....
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Gov't approves extending period of legalizing informal economy projects status for 3 years
Date: 2024-05-15 15:35:29 GMT - Egypt - Economy - SN:48 - ID:10706815
CAIRO, May 15 (MENA) - The cabinet - during its weekly meeting under Prime Minister Mostafa Madbouli - approved on Wednesday a draft decision issued by the premier on extending the period specified in Article 72 of law no 152 of 2020 on ....
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Trade exchange between Egypt, Arab countries records dlrs 26 bn in 2023: CAPMAS
Date: 2024-05-15 15:33:58 GMT - Egypt - Economy - SN:47 - ID:10706817
CAIRO, May 15 (MENA) - Trade exchange between Egypt and Arab countries was estimated at 26 billion dollars in FY 2023, compared to 29.5 billion dollars in 2022, according to the Egyptian Central Agency for Public Mobilization and Statistics ....
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SCZONE head: We are carrying out strategy for facilitating green hydrogen investment
Date: 2024-05-15 14:24:34 GMT - Egypt - Economy - SN:43 - ID:10706627
ROTTERDAM/CAIRO, May 15 (MENA) - Chairman of the General Authority of Suez Canal Economic Zone (SCZONE) Walid Gamaleldin said the zone is implementing an action strategy for setting the stage for more investments in green hydrogen projects. The ....
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EGX indexes show mixed performance
Date: 2024-05-15 14:11:45 GMT - Egypt - Economy - SN:39 - ID:10706517
CAIRO, May 15 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Wednesday's trading amid sales by Arab investment funds and Egyptian and Arab investors. The market capital lost EGP 2 billion to reach 1.694 trillion ....
