Economy

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  • Category : Economy
  • 17,000 tons of goods handled at Red Sea ports

    Date: 2024-10-15 07:57:38 GMT - Egypt - Economy - SN:9 - ID:10912101

    HURGHADA, Egypt, Oct 15 (MENA) - About 17,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 5,000 tons of goods, 380 trucks and 125 ....

  • Irrigation minister: 'CRAFT-1' project aims to boost water users associations role

    Date: 2024-10-14 18:00:06 GMT - Egypt - Economy - SN:61 - ID:10911436

    CAIRO, Oct 14 (MENA) - Minister of Water Resources and Irrigation Hani Sewilam said that the Climate Resilient Agri-Food System Transformation (CRAFT-1) is aiming to boost the role of water users associations in the project's sites in the ....

  • Investment min. meets delegation from Indian company 'Sanmar'

    Date: 2024-10-14 17:56:11 GMT - Egypt - Economy - SN:60 - ID:10911515

    CAIRO, Oct 14 (MENA) - Investment and Foreign Trade Minister Hassan el Khatib met Chairman of India's TCI Sanmar Chemicals company PS Jayaraman and his accompanying delegation. TCI Sanmar Chemicals is the largest integrated producer of Caustic ....

  • Hilton to build Hilton Garden Inn hotel in Borg El Arab

    Date: 2024-10-14 13:01:29 GMT - Egypt - Economy - SN:31 - ID:10910869

    CAIRO, Oct 14 (MENA) - Hilton Hotels & Resorts announced on Monday it signed an agreement on establishing Hilton Garden Inn Borg El Arab Beach hotel in partnership with Tharaa Developments. The hotel will open in 2028 in Borg El Arab area on the ....

  • Bourse posts collective gains at close of Monday's trading sessions

    Date: 2024-10-14 12:23:19 GMT - Egypt - Economy - SN:24 - ID:10911033

    CAIRO, Oct 14 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday trading session, backed by purchases by foreign institutions and investment fuds, as well as Egyptian, Arab and foreign investors, against sales by ....

  • Petroleum min.: Daily gas output rate of Agiba hits 84 mn m³ in 2023-2024

    Date: 2024-10-14 11:50:52 GMT - Egypt - Economy - SN:22 - ID:10910700

    CAIRO, Oct 14 (MENA) - The average daily gas production of the Egyptian Agiba Petroleum Company has reached 84 million cubic meters for the first time ever, said Minister of Petroleum and Mineral Resources Karim Badawi said on Monday. The company ....

  • EGAS, Copelouzos Group seal deal to set up gas trading company in Greece

    Date: 2024-10-14 10:05:47 GMT - Egypt - Economy - SN:14 - ID:10910587

    CAIRO, Oct 14 (MENA) - The Egyptian Natural Gas Holding Company (EGAS) signed a shareholders' agreement with Greek Copelouzos Group to establish a joint venture company based in Greece for trading, transportation, supplying, and re-gasification of ....

  • World Bank appoints Yasser El-Gammal as country manager for Romania & Hungary

    Date: 2024-10-13 18:46:52 GMT - USA - Economy - SN:64 - ID:10910073

    WASHINGTON, Oct 13 (MENA) - Yasser El-Gammal, an Egyptian and Canadian national, is the new World Bank Country Manager for Romania and Hungary, effective October 1, the bank announced in a press release. "As Country Manager, I will work closely ....

  • We plan to attract investments from 30 advanced countries - GAFI chief

    Date: 2024-10-13 16:53:56 GMT - Egypt - Economy - SN:52 - ID:10909794

    CAIRO, Oct 13 (MENA) – Executive Director of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said the authority’s plan for luring investments is focused on attracting advanced economies and companies in the sectors targeted ....

  • Osama Rabie: Suez Canal is working round-the-clock despite current challenges

    Date: 2024-10-13 14:34:21 GMT - Egypt - Economy - SN:42 - ID:10909767

    ISMAILIA, Oct 13 (MENA) - Chairman of the Suez Canal Authority Osama Rabie emphasized that the Suez Canal is working efficiently round-the-clock and receiving different kinds of ships and cargos despite current challenges in the Red Sea ....

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