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Economy
- Service : English General
- Category : Economy
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All EGX indexes up at close of Wednesday trading
Date: 2023-12-27 13:36:49 GMT - Egypt - Economy - SN:28 - ID:10509064
CAIRO, Dec 27 (MENA) - Egyptian Exchange (EGX) indexes went up collectively at the close of Wednesday's trading, pushed by purchases from foreign institutions and investment funds, as well as Egyptian investors. Meanwhile, sales prevailed in ....
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Agriculture minister says Sinai on map of comprehensive development
Date: 2023-12-27 13:35:29 GMT - Egypt - Economy - SN:26 - ID:10508884
CAIRO, Dec 27 (MENA) – Agriculture Minister el Sayyed el Qusseir said Wednesday that Sinai is on the map of comprehensive development as part of “an ambitious and unprecedented” plan to construct the peninsula. In a statement today, Qusseir said ....
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PM witnesses inking of final contract to develop "Safaga 2" plant
Date: 2023-12-27 11:49:31 GMT - Egypt - Economy - SN:19 - ID:10508532
CAIRO, Dec 27 (MENA) – Prime Minister Moustafa Madbouli witnessed the inking of a final contract to develop the superstructure, operate and maintain a multi-purpose plant at Safaga Port. The plant, “Safaga 2”, will be operated through a free ....
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PM witnesses inking contracts of largest food industries complex in Mideast
Date: 2023-12-27 11:37:35 GMT - Egypt - Economy - SN:17 - ID:10508636
CAIRO, Dec 27 (MENA) - Prime Minister Moustafa Madbouli witnessed on Wednesday the inking of contracts for establishing the largest complex of agricultural food industries in the Middle East in the Sadat City at dlrs 300 million investments. The ....
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16,000 tons of goods handled at Red Sea ports
Date: 2023-12-27 09:34:18 GMT - Egypt - Economy - SN:12 - ID:10508440
HURGHADA, Dec 27 (MENA) - Seven ships are being anchored at Red Sea harbors, the Red Sea Ports Authority (RSPA) said. In a statement issued Wednesday, the RSPA said 16,000 tons of goods were being handled at the ports, including commodities, 1032 ....
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Dollar prices stable at start of Wednesday's trading
Date: 2023-12-27 07:47:00 GMT - Egypt - Economy - SN:9 - ID:10508360
CAIRO, Dec 27 (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) and Banque Misr, the dollar rate registered EGP 30.75 for buying and EGP 30.85 for ....
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CBE says Jan 1st official holiday for banks
Date: 2023-12-26 19:40:47 GMT - Egypt - Economy - SN:57 - ID:10508131
CAIRO, Dec 26 (MENA) - The Central Bank of Egypt (CBE) announced that banks will be off on Monday, January 1, 2024, on the occasion of the end of the fiscal year. In a statement Tuesday, the CBE said that work at banks will be resumed on ....
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PM says SCZONE is promising, competitive investment destination
Date: 2023-12-26 18:35:51 GMT - Egypt - Economy - SN:51 - ID:10507918
CAIRO, Dec 26 (MENA) - Prime Minister Mostafa Madbouli said the Suez Canal Economic Zone (SCZONE) is a promising and competitive investment destination, as it provides a wide range of incentives and benefits for investors. Madbouli made the ....
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500,000 tons of sugar to be imported to bridge gap between supply and demand: min.
Date: 2023-12-26 18:09:24 GMT - Egypt - Economy - SN:49 - ID:10507926
FAYOUM, Egypt, Dec 26 (MENA) - Minister of Supply and Internal Trade Ali Moselhi said Tuesday his ministry will import 400 to 500 thousand tons of sugar to bridge the gap between supply and demand in Egypt, without intervention from the private ....
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Bourse indexes down at close of Tuesday's trading session
Date: 2023-12-26 14:08:50 GMT - Egypt - Economy - SN:31 - ID:10507689
CAIRO, Dec 26 (MENA) - Egyptian Exchange (EGX) indexes declined at the close of Tuesday's trading session, on the back of sales by Egyptian, Arab and foreign investors. The session saw buying operations by Arab, local and foreign ....
