Economy

  • Service : English General
  • Category : Economy
  • PM attends approval event of 2023-2027 Egypt-WB country strategy

    Date: 2023-05-07 16:44:55 GMT - Egypt - Economy - SN:67 - ID:10145759

    CAIRO, May 7 (MENA) - Prime Minister Mostafa Madbouli on Sunday attended a conference to endorse the 2023-2027 Country Partnership Framework (CPF) between Egypt and the World Bank Group. The ceremony was also attended by UN Special Envoy on ....

  • Dollar rate stable at Egypt's major banks

    Date: 2023-05-07 13:10:20 GMT - Egypt - Economy - SN:56 - ID:10145427

    CAIRO, May 7 (MENA) - The US dollar exchange rate was stable at the end of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buying and EGP 30.85 for ....

  • Bourse shows mixed performance at end of Sunday's trading session

    Date: 2023-05-07 13:09:19 GMT - Egypt - Economy - SN:55 - ID:10145372

    CAIRO, May 7 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Sunday's trading session, amid selling operations by foreign institutions and investment funds and individual Arab investors against purchases by local ....

  • Shaker heads for UAE to attend World Utilities Congress 2023

    Date: 2023-05-07 11:50:10 GMT - Egypt - Economy - SN:48 - ID:10145123

    CAIRO, May 7 (MENA) - Electricity and Renewable Energy Minister Mohamed Shaker left here Sunday for the UAE to take part in the second edition of the World Utilities Congress 2023, which runs between Monday for three days under the aegis of Sheikh ....

  • IDSC publishes report on development of export sector over 8 years

    Date: 2023-05-07 11:43:26 GMT - Egypt - Economy - SN:46 - ID:10145191

    CAIRO, May 7 (MENA) – The Cabinet’s Information and Decision Support Center (IDSC) Sunday published a report on the development of the different export sectors over the past eight years. The report focused on achievements with regards to ....

  • Jordanian official to MENA: Egypt has successful experiment in luring foreign investments

    Date: 2023-05-07 09:30:51 GMT - Jordan - Economy - SN:30 - ID:10144909

    AMMAN, May 7 (MENA) - Egypt has a successful experiment in luring foreign investments, thanks to the available opportunities and the excellent infrastructure, said Chairman of the Economy and Investment Committee in the Jordanian Parliament Omar ....

  • Manpower ministry: Egypt's removal from ILO black list backs investment process

    Date: 2023-05-07 09:28:43 GMT - Egypt - Economy - SN:29 - ID:10144911

    CAIRO, May 7 (MENA) - Official spokesman for the Ministry of Manpower Abdel Wahab Khedr has described Egypt's exit from the black list of the International Labor Organization (ILO) as a positive step to boost the country's investment process. In ....

  • CAPMAS: Egypt's imports of diesel oil up by 58.8 percent in 2022

    Date: 2023-05-07 08:51:41 GMT - Egypt - Economy - SN:25 - ID:10144914

    CAIRO, May 7 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said Egypt's imports of diesel oil upped to dlrs 3.5 billion during 2022 against dlrs 2.2 billion in 2021. In a statement on Sunday, CAPMAS said Saudi Arabia ....

  • Minister of state for military production follows up on work at ministry's affiliated ventures

    Date: 2023-05-07 08:37:08 GMT - Egypt - Economy - SN:23 - ID:10144818

    CAIRO, May 7 (MENA) - Minister of State for Military Production Mohamed Salah Eldin Mostafa stressed Sunday the importance of committing by the timeframe for implementing projects the ministry is contributing to in line with the best-in-class ....

  • Dollar rate stable at Egypt's major banks

    Date: 2023-05-07 07:39:38 GMT - Egypt - Economy - SN:14 - ID:10144812

    CAIRO, May 7 (MENA) - The US dollar exchange rate 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 30.75 for buying and EGP 30.85 for ....

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