Economy

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  • Category : Economy
  • Omani min. stresses keenness on promoting partnerships with Egypt in housing, urban planning

    Date: 2025-01-08 14:43:04 GMT - Sultanate of Oman - Economy - SN:31 - ID:11019642

    MUSCAT, Jan 8 (MENA) - Omani Minister of Housing and Urban Planning Khalfan Said al Shu'aili asserted that Oman is keen to enhance cooperation and partnerships with investors and real estate developers in Egypt, who have gained expertise that ....

  • CBE: Financial soundness indicators reflect resilience of banking sector

    Date: 2025-01-08 13:49:53 GMT - Egypt - Economy - SN:25 - ID:11019349

    CAIRO, Jan 8 (MENA) - The Financial Soundness Indicators have underscored the resilience and robustness of the banking sector as a key pillar, supporting the state's efforts to achieve economic, financial, and monetary stability, the Central Bank of ....

  • Egyptian amb. to Zambia asserts extreme importance of investment, trade cooperation with African countries

    Date: 2025-01-08 08:58:15 GMT - Egypt - Economy - SN:11 - ID:11019066

    CAIRO, Jan 8 (MENA) - Egyptian Ambassador to Zambia Mayada Essam said Wednesday the Egyptian State attaches extreme importance to promoting investment and trade cooperation with the various countries of the world especially African ....

  • 17,000 tons of goods handled at Red Sea ports

    Date: 2025-01-08 08:43:58 GMT - Egypt - Economy - SN:10 - ID:11019126

    HURGHADA, Egypt, Jan 8 (MENA) - About 17,000 tons of goods were handled at the different Red Sea harbors on Wednesday, according to the Red Sea Ports Authority (RSPA). In a statement, the RSPA said imports included 5,000 tons of goods, 579 trucks ....

  • Samsung’s factory in Egypt is the company's first in Middle East, Africa - IDSC

    Date: 2025-01-07 21:53:16 GMT - Egypt - Economy - SN:38 - ID:11018955

    CAIRO, Jan 7 (MENA) - The Cabinet's Information and Decision Support Center (IDSC) stressed on Tuesday that Samsung’s factory in Egypt is the company's first in the Middle East and Africa and it is one of 14 factories worldwide with investments ....

  • Egypt, EU discuss means to boost trade, investment cooperation

    Date: 2025-01-07 19:07:43 GMT - Egypt - Economy - SN:30 - ID:11018640

    CAIRO, Jan 7 (MENA) – Minister of Investment and Foreign Trade Hassan el Khatib asserted Egypt’s keenness on strengthening economic ties with the European Union in different domains and at all levels, pointing out to the importance of discovering ....

  • Damietta Port, China Xinxing Co. discuss ways of coop. in logistics services

    Date: 2025-01-06 19:02:02 GMT - Egypt - Economy - SN:43 - ID:11017760

    DAMIETTA, Egypt, Jan 6 (MENA) - Chairman of the Board of Directors of Damietta Port Authority Tarek Adly Abdullah said the port is ready to provide all forms of support to the China Xinxing Group Co. Ltd., which specializes in the manufacture of ....

  • Electricity minister: President Sisi follows up on progress at Dabaa nuclear plant

    Date: 2025-01-06 18:41:00 GMT - Egypt - Economy - SN:37 - ID:11017516

    CAIRO, Jan 6 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat said President Abdel Fattah El Sisi is following up on the implementation status of El-Dabaa Nuclear Power Plant Project (El-Dabaa NPP Project), progress made so far ....

  • CBE: International reserves up by $157mn at end of December

    Date: 2025-01-06 17:23:21 GMT - Egypt - Economy - SN:35 - ID:11017714

    CAIRO, Jan 6 (MENA) - The Central Bank of Egypt (CBE) said on Monday that Egypt's Net International Reserves (NIRs) rose to US$ 47.109 billion at the end of December 2024, recording an increase by around $157 million compared to November, 2024. ....

  • Egypt among top five African nations in Numbeo's 2025 Quality of Life Index, shows report

    Date: 2025-01-06 15:33:50 GMT - South Africa - Economy - SN:26 - ID:11017428

    CAPE TOWN, Jan 6 (MENA) - A report showed that Egypt was among the top five African nations in the Numbeo's Quality of Life Index for 2025. The advancement in Egypt's ranking demonstrates its efforts to make a balance between achieving ....

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