Economy

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  • Category : Economy
  • Gov't targets $300 bln. foreign currency reserves annually: Cabinet spox - 2 Last Cairo

    Date: 2024-01-07 22:18:31 GMT - Egypt - Economy - SN:61 - ID:10523779

    The State is also keen on drawing up a unified law on industry and industrial localization, while working for luring more foreign investments and promoting the private sector's role in national economy, the cabinet spokesman said. Having secured ....

  • Gov't targets $300 bln. foreign currency reserves annually: Cabinet spox

    Date: 2024-01-07 21:37:07 GMT - Egypt - Economy - SN:59 - ID:10523780

    CAIRO, Jan 7 (MENA) - The State is working for increasing tourism revenues and expat remittances, while maximizing foreign exchange resources, Cabinet Spokesman Mohamed Al Homusani told local media on Sunday. During a phone interview with Sada El ....

  • 39 container ships, cargo vessels handled at Damietta Port

    Date: 2024-01-07 20:08:59 GMT - Egypt - Economy - SN:55 - ID:10523754

    DAMIETTA, Egypt, Jan 7 (MENA) – As many as 39 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Sunday, the Damietta Port Authority's media center said the total trade volume of ....

  • Rapporteur of investment committee at national dialogue praises gov't measures to support private sector

    Date: 2024-01-07 15:56:00 GMT - Egypt - Economy - SN:40 - ID:10523416

    CAIRO, Jan 7 (MENA) - Rapporteur of the Private and Local Investment Committee at the National Dialogue Samir Sabry said that the Egyptian government provided all forms of facilitation to encourage domestic and foreign private sectors to pump more ....

  • Mashat discusses preparations for cooperation with WB mission in enhancing technical cooperation with gov't

    Date: 2024-01-07 13:50:33 GMT - Egypt - Economy - SN:34 - ID:10523385

    CAIRO, Jan 7 (MENA) - Minister of International Cooperation and Egypt's Governor at the World Bank Group Rania El Mashat emphasized on Sunday the importance of the partnership with the World Bank Group that extended over decades, reflecting in the ....

  • Egypt mulls increasing frozen fruit and vegetables exports to Saudi Arabia

    Date: 2024-01-07 11:40:19 GMT - Egypt - Economy - SN:25 - ID:10523205

    CAIRO, Jan 7 (MENA) - The National Food Safety Authority has discussed means to increase exports of Egyptian frozen fruit and vegetables and dairy products to the Saudi markets. This came during a virtual meeting between the authority officials ....

  • Supply min. opens 1st phase of Beheira's logistic zone at cost of EGP 4.5 bn

    Date: 2024-01-06 12:23:40 GMT - Egypt - Economy - SN:25 - ID:10521928

    CAIRO, Jan 6 (MENA) - Minister Supply and Internal Trade Ali Moselhi Saturday inaugurate the first phase of the trade, administrative and logistics zone project in Beheira governorate at total investments of 4.5 billion pounds. The trade zone is ....

  • 42 container ships, cargo vessels handled at Damietta Port

    Date: 2024-01-05 22:11:20 GMT - Egypt - Economy - SN:54 - ID:10521517

    DAMIETTA, Egypt, Jan 5 (MENA) – As many as 42 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Friday, the Damietta Port Authority's media center said the total trade volume of ....

  • Egypt was not, will not be late in fulfilling internal, external obligations, says minister

    Date: 2024-01-05 14:48:41 GMT - Egypt - Economy - SN:37 - ID:10521073

    CAIRO, Jan 5 (MENA) - Minister of Finance Mohamed Maait stressed that the State was not and will not be late in fulfilling its internal and external obligations despite the harsh conditions and global crises. The minister made the remarks as he ....

  • Egypt's foreign currency reserves hit 35.2 bln in December - CBE

    Date: 2024-01-04 18:27:07 GMT - Egypt - Economy - SN:57 - ID:10520111

    CAIRO, Jan 4 (MENA) - The Central Bank of Egypt (CBE) has announced that the country's foreign currency reserves increased by $46 million month-on-month in December 2023, hitting $35.219 billion compared to $35.173 billion in November. (MENA) I S ....

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