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Economy
- Service : English General
- Category : Economy
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IPO program is part of comprehensive economic reform process: Cabinet spox
Date: 2023-12-20 22:54:23 GMT - Egypt - Economy - SN:89 - ID:10500527
CAIRO, Dec 20 (MENA) - Egypt is looking forward to a comprehensive economic reform despite regional as well as international economic challenges, Cabinet Spokesman Mohamed el-Homsani said. During a phone interview with Sada El Balad satellite TV ....
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State plans to exit from many business activities and sectors - PM - 2 last New Capital
Date: 2023-12-20 19:16:38 GMT - Egypt - Economy - SN:76 - ID:10500409
The other two sectors, namely banking and insurance businesses, are already on the government IPO plan, Madbouly said. He added the government will announce the companies in the pipeline for stake sales, along with the timeline of their ....
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State plans to exit from many business activities and sectors - PM
Date: 2023-12-20 18:46:01 GMT - Egypt - Economy - SN:74 - ID:10500195
NEW CAPITAL, Dec 20 (MENA) – Prime Minister Mostafa Madbouli said the State plans to exit from many business activities and sectors, partially or totally, through the the State Ownership Policy. Egypt has secured about $ 5.6 billion from total ....
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Egypt secures $5.6 bln from selling stakes in 14 state-owned companies - PM
Date: 2023-12-20 17:17:42 GMT - Egypt - Economy - SN:67 - ID:10500265
CAIRO, Dec 20 (MENA) - Egypt has secured $5.6 billion from the partial and full sale of stakes in 14 state-owned companies, Prime Minister Mostafa Madbouli said on Wednesday. At a press conference, Madbouli said the government, in collaboration ....
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Acquisition of seven historic state-owned hotels finalized
Date: 2023-12-20 17:07:37 GMT - Egypt - Economy - SN:64 - ID:10500230
CAIRO, Dec 20 (MENA) - Prime Minister Moustafa Madbouli attended on Wednesday the signing of final agreements regulating the acquisition of seven historic hotels involving Egypt Sovereign Fund, the Egyptian General Company for Tourism & Hotels ....
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25,000 tons of goods handled at Red Sea ports
Date: 2023-12-20 08:27:41 GMT - Egypt - Economy - SN:12 - ID:10499018
HURGHADA, Egypt, Dec 20 (MENA) - About 25,000 tons of goods were handled at different Red Sea harbors, the Red Sea Ports Authority (RSPA) said in a statement on Wednesday. The imports included 5,000 tons of goods, 510 trucks, and 145 cars, while ....
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EU development grants for Egypt amounted to $353 million in 2020-2023 - ministry
Date: 2023-12-19 21:29:42 GMT - Egypt - Economy - SN:83 - ID:10498517
CAIRO, Dec 19 (MENA) - Minister of International Cooperation Rania el Mashat has emphasized the importance of cooperation between Egypt and the European Union in addition to joint action that is meant to maximize the use of development financing to ....
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Egypt purchases 480,000 tons of Russian wheat
Date: 2023-12-19 20:01:23 GMT - Egypt - Economy - SN:75 - ID:10498682
CAIRO, Dec 19 (MENA) - The General Authority for Supply Commodities (GASC) has signed a contract to import 480,000 tons of wheat from Russia, the authority said in a statement on Tuesday. A total of 180,000 tons of the shipment will be delivered ....
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PM probes challenges facing medium, small-sized enterprises with senior MPs
Date: 2023-12-19 19:58:59 GMT - Egypt - Economy - SN:73 - ID:10498507
CAIRO, Dec 19 (MENA) - Prime Minister Mostafa Madbouli had a meeting on Tuesday with a host of senior MPs, the ministers of trade and parliamentary affairs, and head of the National Micro, Small and Medium Enterprise Development Agency (MSMEDA) ....
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EGP 3 billion pumped to implement infrastructure projects with international standards: SCZONE chief
Date: 2023-12-19 17:21:26 GMT - Egypt - Economy - SN:61 - ID:10498476
CAIRO, Dec 19 (MENA) - Chairman for the General Authority of the Suez Canal Economic Zone (SCZONE) Walid Gamal el Din said that nearly EGP 3 billion has been pumped to implement infrastructure projects with international standards. Gamal el ....
