Economy

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  • Category : Economy
  • Policy paper to stimulate oil investments to be launched this week -- Minister

    Date: 2024-11-04 21:56:27 GMT - Egypt - Economy - SN:63 - ID:10938588

    CAIRO, Nov 4 (MENA) - Petroleum and Mineral Resources Minister Karim Badawi said Monday that a policy paper is set to be launched to stimulate investment in the oil and gas sector in Egypt this week. The move primarily aims to promote investment ....

  • Colombian mayor calls for outlining strategies to achieve sustainability

    Date: 2024-11-04 21:49:43 GMT - Egypt - Economy - SN:62 - ID:10938547

    CAIRO, Nov 4 (MENA) - Mayor of Colombia's Cali Alejandro Eder said Monday partnership with the private sector is one of the most important steps that all countries, especially the developing ones, should take, to create strategies based on a clear ....

  • CBE agrees to increase NBE capital to EGP 300bn

    Date: 2024-11-04 19:49:12 GMT - Egypt - Economy - SN:53 - ID:10938484

    CAIRO, Nov 4 (MENA) - The Central Bank of Egypt (CBE) has agreed to increase the capital of the National Bank of Egypt (NBE) to 300 billion pounds and its issued capital to 160 billion pounds. The decision was published in the official gazette ....

  • Official gazette publishes CBE's decision on amending Articles of Association of NBE

    Date: 2024-11-04 18:11:46 GMT - Egypt - Economy - SN:44 - ID:10938147

    CAIRO, Nov 4 (MENA) - The official gazette, Al-Waqa'i' al-Misriyya, published on Monday the decision of the Board of Directors of the Central Bank of Egypt (CBE) in its session on October 17, 2024, regarding amending Articles "6, 13, 14, 16, 18, 19" ....

  • Egyptian bourse indexes down at close of Monday's trading

    Date: 2024-11-04 15:40:04 GMT - Egypt - Economy - SN:32 - ID:10938118

    CAIRO, Nov 4 (MENA) - Egyptian Exchange (EGX) indexes were down at the close of trading on Monday, on the back of sales by institutions and foreign investment funds, against purchases by Arab and local institutions and foreign and Egyptian ....

  • Mashat: COP27 heightens Egypt's efforts to combat climate change

    Date: 2024-11-04 11:50:29 GMT - Egypt - Economy - SN:19 - ID:10937507

    CAIRO, Nov 4 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said that Egypt’s hosting of the COP27 Climate Change Conference of the Parties was not just a landmark event, but it rather signaled the ....

  • 7 tons of subsidized white flour seized in security campaign over 24 hours

    Date: 2024-11-04 10:40:08 GMT - Egypt - Economy - SN:17 - ID:10937476

    CAIRO, Nov 4 (MENA) - Security campaigns carried out by the public security department of the Interior Ministry over the past 24 hours resulted in confiscation seven tons of subsidized white flour. This falls within the framework of Ministry of ....

  • Communication min. witnesses launching of InvestIT program

    Date: 2024-11-04 10:06:38 GMT - Egypt - Economy - SN:16 - ID:10937518

    CAIRO, Nov 4 (MENA) - Minister of Communication and Information Technology Amr Talaat witnessed launching the program of InvestIT: Empowering ICT Startups in Egypt presented by the Technology Innovation and Entrepreneurship Center (TIEC) affiliating ....

  • Somali agriculture min. to MENA: Somali-Egyptian relations historical

    Date: 2024-11-04 09:23:18 GMT - Jordan - Economy - SN:14 - ID:10937317

    AMMAN, Nov 4 (MENA) - Somali Minister of Agriculture and Irrigation Asad Abdirisaq Mohamed lauded relations binding Egypt and Somalia, asserting that Cairo and Mogadishu have strong binding historical relations. Egypt and Somalia enjoy key ....

  • 56,000 tones of goods handled at Red Sea ports

    Date: 2024-11-04 08:07:51 GMT - Egypt - Economy - SN:11 - ID:10937343

    HURGHADA, Nov 4 (MENA) - About 56,000 tons of goods were handled at the different Red Sea harbors on Monday, according to the Red Sea Ports Authority (RSPA). In a statement, the RSPA said imports included 2,500 tons of goods, 234 trucks and 15 ....

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