Economy

  • Service : English General
  • Category : Economy
  • Bourse gains EGP 17 bln, all indexes up

    Date: 2023-08-27 12:25:13 GMT - Egypt - Economy - SN:36 - ID:10317696

    CAIRO, Aug 27 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session backed by purchases by local and foreign institutions and investment funds, against sales by Arab investors. The market ....

  • SCZONE: Chinese company to set up textiles factory in Sokhna Industrial Zone

    Date: 2023-08-27 12:24:43 GMT - Egypt - Economy - SN:35 - ID:10317621

    EL SOKHNA, Aug 27 (MENA) - The Suez Canal Economic Zone (SCZONE) announced Sunday laying the foundation stone for Cady high-quality textiles factory as part of project expansions of TEDA – Egypt, the main industrial developer in the Zone which ....

  • BRICS entry to propel controlling inflation: Egypt's supply min.

    Date: 2023-08-27 11:24:34 GMT - Egypt - Economy - SN:32 - ID:10317571

    CAIRO, Aug 27 (MENA) - Minister of Supply and Internal Trade Ali Moselhy on Sunday said that Egypt's accession to the BRICS will give impetus to controlling the inflation rates. Egypt has devoted remarkable effort to promote cooperation with ....

  • EGX aims to lure more successful companies: New chairman

    Date: 2023-08-27 10:59:40 GMT - Egypt - Economy - SN:30 - ID:10317570

    CAIRO, Aug 27 (MENA) - New Chairman of the Egyptian Exchange (EGX) Ahmed Abdel Rahman el Sheikh said that he will work to lure more successful companies to be listed on the EGX. During his meeting with executive leaderships and directors, Sheikh ....

  • Supply min. lays foundation stone of strategic warehouse in Luxor with cost of EGP 1.5 bn

    Date: 2023-08-27 10:37:35 GMT - Egypt - Economy - SN:26 - ID:10317429

    LUXOR, Upper Egypt, Aug 27 (MENA) - Minister of Supply and Internal Trade Ali Moselhy on Sunday laid the foundation stone of state's second strategic warehouse in the Upper Egypt governorate of Luxor, with total investments of some EGP 1.5 billion. ....

  • Dollar prices stable at start of Sunday's transactions at major Egyptian banks

    Date: 2023-08-27 08:49:46 GMT - Egypt - Economy - SN:16 - ID:10317244

    CAIRO, Aug 27 (MENA) - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP ....

  • AfBC head hails Egypt's BRICS accession

    Date: 2023-08-26 18:06:52 GMT - Egypt - Economy - SN:49 - ID:10316827

    CAIRO, Aug 26 (MENA) - The accession of Egypt as a member of the BRICS is a very important step towards African cooperation with the bloc's countries, President of the Africa Business Council (AfBC) Amany Asfour said Saturday. Cairo can entice ....

  • Global (1):iFLYTEK Launches Budapest Joint A.I. Open Platform at World Athletics Championships Budapest 23

    Date: 2023-08-26 15:21:33 GMT - Hungary - Economy - SN:42 - ID:10316775

    Dear subscribers, following is a global bulletin published for PRNewswire:‎ ‎ ============================================================= BUDAPEST, Hungary, Aug. 26, 2023 /PRNewswire/ -- iFLYTEK launched the Budapest Joint A.I. Open Platform ....

  • New Capital to host open dialogue between business community & AIIB officials on Sept 7: Finance min.

    Date: 2023-08-26 13:14:22 GMT - Egypt - Economy - SN:34 - ID:10316498

    CAIRO, Aug 26 (MENA) – Minister of Finance Mohamed Maait said the ministry will hold an open dialogue with prominent businesspeople in Egypt and representatives of the Asian Infrastructure Investment Bank (AIIB) during panel discussions set for ....

  • 36 container ships, cargo vessels handled at Damietta Port over past 24 hours

    Date: 2023-08-25 18:30:11 GMT - Egypt - Economy - SN:61 - ID:10315877

    DAMIETTA, Egypt, Aug 25 (MENA) - As many as 36 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 ....

Middle East News Agency © - designed and developed : GCSSD