Economy

  • Service : English General
  • Category : Economy
  • PM: Govt intends to offer airports' management to private sector in coming period

    Date: 2023-11-05 17:20:27 GMT - Egypt - Economy - SN:59 - ID:10427336

    CAIRO, Nov 5 (MENA) - Prime Minister Mostafa Madbouli said the government intends to offer the management and operation of airports to the private sector in the coming period. Madbouli's remarks came during a round-table meeting with ....

  • Petroluem minister presses for sustainable growth as major driver of Egyptian economy

    Date: 2023-11-05 17:02:21 GMT - Egypt - Economy - SN:57 - ID:10427416

    CAIRO, Nov 5 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla said on Sunday the vision of sustainability and decarbonization strategy are priorities for oil and gas industries, which face great challenges in accessing sustainable ....

  • Madboul:Value of project, economic development achieved conditions for obtaining ‘golden license’

    Date: 2023-11-05 15:46:42 GMT - Egypt - Economy - SN:49 - ID:10427517

    CAIRO, Nov 5 (MENA) - Prime Minister Mostafa Madbouli has said there must be an important determinant for obtaining “golden licence” for investors, that is the value of the project and the economic development it achieves, noting it was important to ....

  • CBE: Foreign currency reserve hits $35.1 bn

    Date: 2023-11-05 14:15:47 GMT - Egypt - Economy - SN:47 - ID:10427220

    CAIRO, Nov 5 (MENA) - The Central Bank of Egypt (CBE) announced on Sunday that foreign currency reserve increased by dlrs 131 million to hit dlrs 35.101 billion in October, compared with dlrs 34.970 billion in September. (MENA) A A E/M O H ....

  • Egypt bourse indexes post collective gains

    Date: 2023-11-05 13:49:45 GMT - Egypt - Economy - SN:46 - ID:10427211

    CAIRO, Nov 5 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading sessions, backed by purchases by Investment funds and local and foreign institutions. The market capital gained about EGP 24 billion to ....

  • Zambian infrastructure min. visits Badr, NAC, posted on Egypt's urban development

    Date: 2023-11-05 13:46:01 GMT - Egypt - Economy - SN:43 - ID:10427072

    CAIRO, Nov 5 (MENA) - Zambia's Minister of Infrastructure, Housing and Urban Development Charles Milupi, Zambian Ambassador in Cairo Topply Lubaya alongside their accompanying delegation paid an official visit to Badr city and the New ....

  • CBE, CBN agree on boosting cyber-security cooperation

    Date: 2023-11-05 11:47:06 GMT - Egypt - Economy - SN:38 - ID:10426857

    CAIRO, Nov 5 (MENA) - The Central Bank of Egypt (CBE) and the Central Bank of Nigeria (CBN) agreed on advancing cooperation and sharing know-how in the cyber-security domain and national capacity building. They also committed to maintain ....

  • Military production minister discusses cooperation with Papyrus Egypt company

    Date: 2023-11-05 11:37:45 GMT - Egypt - Economy - SN:36 - ID:10426849

    CAIRO. Nov 5 (MENA) - Minister of State for Military Production Mohamed Saleddin Mostafa held talks on Sunday with Heba Nayel, CEO of Papyrus Egypt company, a developer of sustainable technology that converts banana plantation waste into fibre and ....

  • Agriculture min. probes with IOFS acting director bilatreral cooperation

    Date: 2023-11-05 11:01:55 GMT - Egypt - Economy - SN:29 - ID:10426851

    CAIRO, Nov 5 (MENA) - Minister of Agriculture and Land Reclamation El Sayed El Quseir discussed during a meeting Sunday with Acting Director General of the Islamic Organization for Food Security (IOFS) Masoud Jarallah mechanisms for promoting the ....

  • State grants additional incentives to companies that increase local components in industry: GAFI

    Date: 2023-11-05 08:53:33 GMT - Egypt - Economy - SN:13 - ID:10426619

    CAIRO, Nov 5 (MENA) - The government is currently giving additional incentives to the companies which increase local components in the industry, said CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba. This comes in ....

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