Economy
- Service : English General
- Category : Economy
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Oil prices rise amid lower US inflation data
Date: 2024-12-23 08:31:30 GMT - USA - Economy - SN:11 - ID:11001877
WASHINGTON, Dec 23 (MENA) - Oil prices rose on Monday as lower-than-expected US inflation data revived hopes for further policy easing, Mettis Global reported. Brent crude futures for February rose by 0.4 percent to $73.20 a barrel, while West ....
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18,000 tons of goods handled at Red Sea ports
Date: 2024-12-23 07:29:59 GMT - Egypt - Economy - SN:9 - ID:11001837
HURGHADA, Dec 23 (MENA) - About 18,000 tons of goods were handled at the different Red Sea harbors Monday, according to the Red Sea Ports Authority (RSPA). In a statement, the RSPA said imports included 7,500 tons of goods, 660 trucks and 100 ....
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PM: Initiative to ramp up car conversion to natural gas to be launched in 2025
Date: 2024-12-22 17:33:24 GMT - Egypt - Economy - SN:37 - ID:11001473
CAIRO, Dec 22 (MENA) - Prime Minister Moustafa Madbouli asserted he is regularly following up steps and measures of launching the new initiative for converting vehicles to run on natural gas, slated for 2025. Cooperation was promoted with the ....
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PM reviews efforts to secure commodity reserves
Date: 2024-12-22 16:05:33 GMT - Egypt - Economy - SN:31 - ID:11001404
CAIRO, Dec 22 (MENA) – Prime Minister Mostafa Madbouli emphasized the government’s dedication to ensuring sufficient reserves of essential goods and products. This is part of coordinated efforts between the Central Bank of Egypt, the Ministry of ....
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Planning min.: Egypt committed to defining clear guidelines for coop. with sisterly nations
Date: 2024-12-22 14:39:07 GMT - Egypt - Economy - SN:28 - ID:11001280
CAIRO, Dec 22 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania al Mashat Sunday said that Egypt is keen on outlining clear frameworks of bilateral cooperation and achieving shared interests at various levels ....
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Stock market indices show mixed performance at close of trading
Date: 2024-12-22 14:22:21 GMT - Egypt - Economy - SN:26 - ID:11001251
CAIRO, Dec 22 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at close of Sunday's trading amid selling operations by institutions, local and Arab investment funds and Arab individual investors, while the transactions of foreign ....
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Madbouli: We are keen on competition protection to support competition protection policies
Date: 2024-12-22 12:29:36 GMT - Egypt - Economy - SN:21 - ID:11000947
CAIRO, Dec 22 (MENA) - Prime Minister Mostafa Madbouli stressed keenness on following up on work of the Egyptian Competition Authority (ECA), given the importance of its role in taking policies that support competition, enhancing its impact on ....
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CBE: Egypt's banking sector resilience ensures financial stability
Date: 2024-12-22 11:47:44 GMT - Egypt - Economy - SN:18 - ID:11000959
CAIRO, Dec 22 (MENA) - Governor of the Central Bank of Egypt (CBE) Hassan Abdullah Sunday affirmed the resilience of the Egyptian banking sector in the face of various risks and the effectiveness of the CBE's macroprudential policies in promoting ....
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Delegation from National Alliance pays visit to DP World in Dubai
Date: 2024-12-22 09:44:59 GMT - Egypt - Economy - SN:16 - ID:11000839
CAIRO, Dec 22 (MENA) - Head of the Technical Secretariat of the National Alliance for Civilian and Development Action Nabila Makram and Deputy Head of the Alliance's Technical Secretariat Hatem Metwali paid a visit to DP World, a multinational ....
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Global economic slowdown in 2024 - cabinet center
Date: 2024-12-22 08:58:32 GMT - Egypt - Economy - SN:15 - ID:11000838
CAIRO, Dec 22 (MENA) - The cabinet's Information and Decision Support Center said on Sunday a global economy slowdown was reported in 2024 prompted by economic, geopolitical and climate challenges in light of growing bank interest rate and ....