Economy

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  • Category : Economy
  • International Business Magazine names AMF "Most Innovative Company in Egypt for 2024"

    Date: 2024-12-31 15:46:47 GMT - Egypt - Economy - SN:28 - ID:11011451

    CAIRO, Dec 31 (MENA) - Al-Ahly Mortgage Finance (AMF), a subsidiary of the National Bank of Egypt, was named as the "Most Innovative Company in Egypt for 2024" by the International Business Magazine. This prestigious award recognizes AMF's ....

  • Egyptian bourse gains EGP 30bln at last trading in 2024

    Date: 2024-12-31 14:29:47 GMT - Egypt - Economy - SN:21 - ID:11011212

    CAIRO, Dec 31 (MENA) - The Egyptian Exchange (EGX) indexes went up Tuesday at the last trading session in 2024. The capital market trading recorded nearly EGP 30 billion. The EGX 30 benchmark index increased 1.42% to reach 29,740.57 ....

  • Sisi orders coordination between CBE, finance ministry on monetary policies

    Date: 2024-12-31 13:43:45 GMT - Egypt - Economy - SN:20 - ID:11011261

    CAIRO, Dec 31 (MENA) - President Abdel Fattah El Sisi has stressed the importance of continued coordination between the Central Bank of Egypt (CBE) and the Ministry of Finance on monetary policies to support stability of the country's economy, curb ....

  • Khatib probes means to increase customs clearance operations, improve logistics service

    Date: 2024-12-31 09:53:25 GMT - Egypt - Economy - SN:12 - ID:11010904

    CAIRO, Dec 31 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib has expressed the state's keenness on improving customs clearance system to facilitate the missions of businessmen and foreign trade activities with Egypt. His ....

  • 14,000 tons of goods handled at Red Sea ports

    Date: 2024-12-31 07:56:37 GMT - Egypt - Economy - SN:10 - ID:11010713

    HURGHADA, Egypt, Dec 31 (MENA) - About 14,000 tons of goods were handled at the different Red Sea harbors on Tuesday, according to the Red Sea Ports Authority (RSPA). In a statement, the RSPA said imports included 3,000 tons of goods, 426 trucks ....

  • Electricity minister discusses cooperation with Sudanese oil minister

    Date: 2024-12-30 18:17:18 GMT - Egypt - Economy - SN:36 - ID:11010358

    CAIRO, Dec 30 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat discussed with Sudanese Minister of Energy and Oil Mohi-Eddin Naeem ways of supporting and boosting partnerships and cooperation in the fields of electricity and ....

  • FDA, EGX announce January 1 a day off

    Date: 2024-12-30 18:11:31 GMT - Egypt - Economy - SN:35 - ID:11010383

    CAIRO, Dec 30 (MENA) - The Financial Regulatory Authority (FRA) announced that January 1, 2025 will be a holiday on the occasion of the end of the fiscal year. In a statement, the FRA said that regular operations will resume on Thursday, January ....

  • Henkel to strengthen presence in Egypt as a global export hub

    Date: 2024-12-30 17:56:25 GMT - Egypt - Economy - SN:34 - ID:11010247

    CAIRO, Dec 30 (MENA) – Roland Haefs, Executive Vice President of Henkel’s Global Business Solutions (GBS+), unveiled the company’s plans to enhance its presence in Egypt, aiming to transform the country into a hub for exporting products, solutions, ....

  • Egypt to establish $120 mln pharmaceutical raw materials factory

    Date: 2024-12-30 17:34:21 GMT - Egypt - Economy - SN:30 - ID:11010234

    CAIRO, Dec 30 (MENA) – Egypt has signed a protocol to establish its first multi-purpose pharmaceutical raw materials factory in Ain Sokhna, with an investment amounting to $120 million. The project, led by Health and Population Minister Khaled ....

  • Egypt ranks 13th globally in exporting processed cheese at $68 mln, shows study

    Date: 2024-12-30 17:32:19 GMT - Egypt - Economy - SN:29 - ID:11009999

    CAIRO, Dec 30 (MENA) - A study conducted by the Food Export Council (FEC) showed that Egypt ranked 13th globally in exporting processed cheese at a value of USD 68 million. The study indicated that Egypt's exports of processed cheese registered ....

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