Economy

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  • Category : Economy
  • Egypt adopts modernization of legislative rules, infrastructure: Trade min.

    Date: 2024-03-04 16:38:54 GMT - Kingdom of Saudi Arabia - Economy - SN:50 - ID:10610210

    RIYADH/CAIRO, March 4 (MENA) - Egypt is currently adopting the modernization of legislative rules and infrastructure in a manner that commensurats with global commercial, industrial and investment development, said Trade and Industry Minister Ahmed ....

  • Petroleum min. to MENA: Egypt targets luring USD 7.5 bln of foreign investments in gas, oil next year

    Date: 2024-03-04 16:05:36 GMT - Algeria - Economy - SN:48 - ID:10610023

    ALGIERS, March 4 (MENA) – Minister of Petroleum and Mineral Resources aTarek El Molla said on Monday Egypt seeks to attract USD 7.5 billion in foreign investments in the gas and oil sectors in the next fiscal year and increase the contribution of ....

  • Suez Canal full doubling project to improve its ranking - official

    Date: 2024-03-04 15:58:36 GMT - Egypt - Economy - SN:47 - ID:10610150

    ISMAILIA, Egypt, March 4 (MENA) - Chairman of the Suez Canal Authority Osama Rabie said the Suez Canal full doubling project will improve the ranking of the canal, increase its competitiveness and expand the international waterway to help it be ....

  • Bourse gains EGP 77 bn, all indexes up

    Date: 2024-03-04 14:30:39 GMT - Egypt - Economy - SN:41 - ID:10609969

    CAIRO, March 4 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by purchases by institutions and local and foreign investment funds. The market capital gained about EGP 77 billion ....

  • Global(2):Capital Asset Management sets up in Dubai, granted DFSA CAT3C License

    Date: 2024-03-04 14:15:16 GMT - United Arab Emirates - Economy - SN:39 - ID:10610029

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ =============================================================== DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent ....

  • Ganope announces Q1 2024 exploratory drilling program with $150m budget

    Date: 2024-03-04 13:45:44 GMT - Egypt - Economy - SN:36 - ID:10609740

    CAIRO, March 4 (MENA) - South Valley Egyptian Petroleum Holding Company (Ganope) Chairman Ashraf Bahaa has announced that the company is now working on the second phase of collecting 3D seismic survey data at the Red Sea, noting that upon completion ....

  • Egypt reports $348 million engineering exports in January, 2024- Council

    Date: 2024-03-04 13:34:34 GMT - Egypt - Economy - SN:34 - ID:10609756

    CAIRO, March 4 (MENA) - Egypt's engineering industry exports experienced a growth rate of 25.4 percent, reaching $348 million in January 2024, against $277.7 million in January 2023, as reported by the Engineering Export Council of Egypt. The ....

  • Egypt has made great strides in IT domain--Minister

    Date: 2024-03-04 12:19:34 GMT - Egypt - Economy - SN:31 - ID:10609605

    RIYADH, March 4 (MENA) - Trade and Industry Minister Ahmed Samir asserted Monday that Egypt has made great strides in the field of communications and information technology through private sector companies and the coordination of efforts with the ....

  • Egypt's exports of ready-made garments jumps to dlrs 259 mn in January, 2024

    Date: 2024-03-04 10:51:23 GMT - Egypt - Economy - SN:23 - ID:10609385

    CAIRO, March 4 (MENA) - Egypt's exports of ready-made garments increased by 35% during January 2024, reaching dlrs 259 million compared to dlrs 192 million in January 2023, signaling a promising start for the sector this year with significant ....

  • EU diplomat says working to improve trade relations with Egypt

    Date: 2024-03-04 10:25:43 GMT - Egypt - Economy - SN:20 - ID:10609262

    CAIRO, March 4 (MENA) – The EU is seeking to enhance development and growth in Egypt through improved trade and investment ties, says Nikolaos Zaimis, head of Trade Section at the EU Delegation to Egypt. Speaking during a session organized by ....

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