Economy

  • Service : English General
  • Category : Economy
  • Transport min. stresses importance of joint projects with Spain

    Date: 2024-03-20 10:49:59 GMT - Egypt - Economy - SN:25 - ID:10631308

    CAIRO, March 20 (MENA) - Transport Minister Kamel Wazir underlined the importance of underway projects being implemented in collaboration with Spain. Wazir made the remarks during a meeting with Spanish Ambassador in Cairo Alvaro Iranzo on means ....

  • Dollar exchange rate stable at beginning of Wednesday's transactions

    Date: 2024-03-20 08:42:14 GMT - Egypt - Economy - SN:15 - ID:10631054

    CAIRO, March 20 (MENA) - The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar rate registered EGP 47.04 for buying and EGP 47.14 for selling. At ....

  • GASC announces tender to purchase imported wheat

    Date: 2024-03-19 20:13:45 GMT - Egypt - Economy - SN:84 - ID:10630862

    CAIRO, March 19 (MENA) - The General Authority for Supply Commodities (GASC) has announced a tender for the purchase of imported wheat on a free-on-board (FOB) basis. The wheat shipment is set to arrive during the period from May 5 to 15, GASC ....

  • TE, EXA Infrastructure sign agreement to enhance international data movement

    Date: 2024-03-19 18:11:09 GMT - Egypt - Economy - SN:73 - ID:10630714

    CAIRO, March 19 (MENA) - Telecom Egypt (TE) has signed a European trade agreement with Exa Infrastructure to enhance international data movement between the east and the west in the Mediterranean. The agreement also aims to enhance the TE's ....

  • Finance min.: Economy developed to face challenges with strict, integrated reforms

    Date: 2024-03-19 14:40:11 GMT - Egypt - Economy - SN:58 - ID:10630328

    CAIRO, March 19 (MENA) – The national economy is being developed to counter challenges through adopting strict and integrated reforms to restore economic stability and serve citizens, Finance Minister Mohamed Maait said. The minister's remarks ....

  • Bourse indexes down at end of Tuesday transactions

    Date: 2024-03-19 13:12:36 GMT - Egypt - Economy - SN:45 - ID:10630229

    CAIRO, March 19 (MENA) - Egyptian Exchange (EGX) indices went down at the close of Tuesday's trading, amid sales operations by individual Arab and Egyptian investors against purchases of Egyptian and foreign investment funds. The market capital ....

  • Sector of int'l transport, logistics passes through exceptional circumstances

    Date: 2024-03-19 12:33:45 GMT - Egypt - Economy - SN:41 - ID:10630169

    ALEXANDRIA, Egypt, March 19 (MENA) – Head of the International Transport and Logistics Services Division of the Alexandria Chamber of Commerce Medhat el Qadi said that the sector passes through exceptional circumstances due to challenges taking ....

  • Parl't approves 3 bills for oil exploration

    Date: 2024-03-19 12:32:30 GMT - Egypt - Economy - SN:40 - ID:10630119

    CAIRO, March 19 (MENA) - The House of Representatives approved, during its general session on Tuesday, three bills allowing the petroleum minister to strike contracts for oil exploration in the Mediterranean Sea, Gulf of Suez and Western ....

  • Misr Exchange: Company's foreign currency proceeds upped to EGP 1.5bn since exchange rate liberalization

    Date: 2024-03-19 09:00:16 GMT - Egypt - Economy - SN:20 - ID:10629798

    CAIRO, March 19 (MENA) - Chairperson of Misr Exchange Adel Fawzy said that the company’s foreign currency proceeds since the exchange rate liberalization on March 6 have surpassed EGP 1.5 billion. In exclusive statements to MENA on Tuesday, Fawzy ....

  • Dollar exchange rate stable at beginning of Tuesday's transactions

    Date: 2024-03-19 08:08:04 GMT - Egypt - Economy - SN:12 - ID:10629694

    CAIRO, March 19 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE), the dollar rate registered EGP 47.12 for buying and EGP 47.22 for selling. At ....

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