Economy

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  • Category : Economy
  • 36 container ships, cargo vessels handled at Damietta Port

    Date: 2024-01-20 18:12:01 GMT - Egypt - Economy - SN:51 - ID:10542645

    DAMIETTA, Egypt, Jan 20 (MENA) – As many as 36 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Saturday, the Damietta Port Authority's media center said the total trade volume ....

  • Efforts underway to expand aircraft, ship catering services at Egyptian ports: minister

    Date: 2024-01-19 14:42:57 GMT - Egypt - Economy - SN:34 - ID:10540525

    CAIRO, Jan 19 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla has directed officials of the Misr Petroleum and Cooperation Petroleum companies to proceed with development works to keep pace with modernity, provide distinguished ....

  • Egypt’s market among best markets in data growth - Telecom Egypt

    Date: 2024-01-18 21:19:16 GMT - Egypt - Economy - SN:67 - ID:10540148

    CAIRO, Jan 18 (MENA) – Managing Director and Chief Executive Officer at Telecom Egypt Mohamed Nasr said that Egypt’s market is considered as one of the best markets in data growth due to the increase in population especially youth. In statements ....

  • SCZONE lays foundation stone of Chinese factory in Sokhna

    Date: 2024-01-18 19:15:59 GMT - Egypt - Economy - SN:60 - ID:10539736

    SOKHNA/SUEZ, Egypt, Jan 18 (MENA) – The General Authority for Suez Canal Economic Zone (SCZONE) announced on Thursday that the foundation stone of a Chinese factory for manufacturing home appliances has been laid in the prominent modernized ....

  • BM chairman: Proceeds of new saving certificates exceed EGP 135bn

    Date: 2024-01-18 17:51:04 GMT - Egypt - Economy - SN:55 - ID:10539975

    CAIRO, Jan 18 (MENA) - Mohamed El Atreby, the Chairman of Banque Misr, Thursday said that proceeds from his bank’s sale of certificates with 23.5% returns, disbursed monthly, and 27% annually, amounted to EGP 135 billion at the end of working hours ....

  • Finance minister: Public budget saw balanced performance in first half of current FY

    Date: 2024-01-18 16:56:39 GMT - Egypt - Economy - SN:52 - ID:10539872

    CAIRO, Jan 18 (MENA) - Finance Minister Mohamed Maait said the public budget saw a balanced performance in the first half of the current fiscal year (FY) 2023-2024, which covers the period starting from July till December 2023. In a statement ....

  • Egypt, Malta sign MoU to boost cooperation in electricity, energy

    Date: 2024-01-18 15:08:08 GMT - Egypt - Economy - SN:40 - ID:10539745

    CAIRO, Jan 18 (MENA) - Egypt and Malta have signed a memorandum of understanding (MoU) for strengthened cooperation in the areas of energy and electricity, according to a statement by the Electricity and Renewable Energy Ministry on Thursday. ....

  • All EGX indices up, benchmark increases 0.32 pct

    Date: 2024-01-18 13:17:51 GMT - Egypt - Economy - SN:33 - ID:10539613

    CAIRO, Jan 18 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Thursday's trading after a short wave of profit-taking sales. The market capital registered EGP 1.886 trillion after transactions totaled approximately ....

  • Dollar exchange rate stable at start of Thursday's transactions

    Date: 2024-01-18 08:11:32 GMT - Egypt - Economy - SN:12 - ID:10538955

    CAIRO, Jan 18 (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 30.75 for buying and EGP 30.85 for ....

  • SCA chief probes cooperation with global shipping mogul 'Mærsk'

    Date: 2024-01-17 22:56:11 GMT - Egypt - Economy - SN:79 - ID:10538689

    ISMAILIA, Egypt, Jan 17 (MENA) – Chairman of the Suez Canal Authority (SCA) Osama Rabie reviewed Wednesday future cooperation aspects with container shipping giant Maersk. During a virtual meeting with CEO of APM Terminals Keith Svendsen, Chief ....

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