Economy

  • Service : English General
  • Category : Economy
  • Bourse posts collective gains at close of Sunday's trading sessions

    Date: 2024-11-10 14:25:15 GMT - Egypt - Economy - SN:30 - ID:10946313

    CAIRO, Nov 10 (MENA) - The Egyptian Exchange (EGX) indexes went up at the close of trading on Sunday, backed by purchases by institutions, local investment funds and foreign and Egyptian investors. The capital market gained nearly EGP 4.7 billion ....

  • CAPMAS: Monthly inflation rate down in October 2024

    Date: 2024-11-10 07:35:19 GMT - Egypt - Economy - SN:8 - ID:10945722

    CAIRO, Nov 10 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the monthly inflation rate recorded 1.5 percent at 240.0 points in October 2024, down from 2.3 in September 2024. In a press release on Sunday, ....

  • Any new attempts to encroach on agricultural lands must be nipped in the bud: PM

    Date: 2024-11-09 17:24:43 GMT - Egypt - Economy - SN:45 - ID:10945309

    CAIRO, Nov 9 (MENA) - Prime Minister Mostafa Madbouli said one of the goals of Egypt's land reconciliation and legalization law is to put an end to encroachments on agricultural land. Any new attempts to encroach on agricultural lands must be ....

  • Investment min., EU-UNIDO delegation probe TIGARA project for trade growth, sustainable industrial development

    Date: 2024-11-09 15:58:30 GMT - Egypt - Economy - SN:42 - ID:10945231

    CAIRO, Nov 9 (MENA) - Minister of Investment and Foreign Trade Hassan Al-Khatib said the State is currently engaged in implementing more reforms to fiscal, monetary and trade policies to lure more local and foreign investments, boost Egyptian ....

  • FRA participates in IOSCO meetings in Spain

    Date: 2024-11-09 13:13:29 GMT - Egypt - Economy - SN:29 - ID:10944913

    CAIRO, Nov 9 (MENA) - Chairman of the Egyptian Financial Regulatory Authority (FRA) Mohamed Farid took part in the International Organization of Securities Commissions (IOSCO) board meetings as well as meetings of the Financial Stability Working ....

  • Suez Canal announces crossing of 90-meter-wide DOURADO floating barge

    Date: 2024-11-08 17:26:08 GMT - Egypt - Economy - SN:54 - ID:10944116

    ISMAILIA, Nov 8 (MENA) - The Suez Canal announced on Friday the successful crossing of the giant 90-meter-wide DOURADO floating barge, marking the largest qualitative crossing in the history of the Egyptian waterway. Chairman of the Suez Canal ....

  • WB official to MENA: We eye coop. with Egypt to seek solution for addressing climate change effects

    Date: 2024-11-08 17:24:03 GMT - Egypt - Economy - SN:52 - ID:10944004

    CAIRO, Nov 8 (MENA) - Ming Zhang, the Global Director for the Urban, Resilience and Land Global Department at the World Bank (WB), said the bank looks forward to cooperation with Egypt to seek solutions for addressing the impacts of climate ....

  • Egypt, Cameroon housing ministers discuss bilateral cooperation on sidelines of WUF12

    Date: 2024-11-08 12:43:23 GMT - Egypt - Economy - SN:32 - ID:10943782

    CAIRO, Nov 8 (MENA) - Minister of Housing, Utilities and Urban Communities Sherif el Sherbini had a meeting on Friday with Cameroon's Minister of Housing and Urban Development Celestine Kitscha and Cameroon Ambassador to Egypt Mohamadou Labarang and ....

  • Transport min., Austria’s "Kronospan" discuss future plans in Egyptian market

    Date: 2024-11-08 11:53:11 GMT - Egypt - Economy - SN:28 - ID:10943744

    CAIRO, Nov 8 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir had a meeting on Friday with Hayrettin Akgun Okay, CEO of the Austrian-based wood panels manufacturer "Kronospan", to ....

  • Petroleum ministry, UAE’s Dragon Oil ink MoU to increase oil production

    Date: 2024-11-08 11:38:15 GMT - Egypt - Economy - SN:26 - ID:10943712

    CAIRO, Nov 8 (MENA) – Minister of Petroleum and Mineral Resources Karim Badawy and UAE’s Dragon Oil CEO Ali Rashid Al-Jarwan witnessed the signing of a memorandum of understanding (MoU) for the use of artificial intelligence (AI) to increase oil ....

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