Economy

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  • Category : Economy
  • Cabinet says net international reserves hit $46.9 bln in Nov. 2024

    Date: 2024-12-09 17:44:25 GMT - Egypt - Economy - SN:54 - ID:10984824

    CAIRO, Dec 9 (MENA) - The Cabinet's Media Center announced that Egypt's net international reserves (NIRs) recorded USD 46.9 billion in November 2024, compared to USD 35.17 in November 2023 and USD 33.53 billion in November 2022. The announcement ....

  • ITIDA CEO: We make efforts to accelerate growth of Egypt's IT sector

    Date: 2024-12-09 16:46:09 GMT - Egypt - Economy - SN:50 - ID:10984768

    CAIRO, Dec 9 (MENA) - Ahmed ElZaher, CEO of the Information Technology Industry Development Agency (ITIDA), said the agency makes efforts to accelerate the growth of Egypt's IT sector and expand its scope, with a view to providing jobs for young ....

  • Mashat: supporting private sector, luring investments top priority for gov't

    Date: 2024-12-09 16:31:02 GMT - Egypt - Economy - SN:49 - ID:10984650

    CAIRO, Dec 9 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said Monday supporting the private sector and attracting sustainable investments are top priorities for the Egyptian government during the ....

  • PM follows up efforts on restructuring economic institutions

    Date: 2024-12-09 14:17:45 GMT - Egypt - Economy - SN:43 - ID:10984504

    CAIRO, Dec 9 (MENA) - Prime Minister Mostafa Madbouli on Monday held a meeting to follow up on the efforts of a committee for restructuring economic institutions, in the presence of Minister of Planning, Economic Development and International ....

  • PM: There are presidential directives to kick-start executive steps for Robbiki Leather City project

    Date: 2024-12-09 14:08:43 GMT - Egypt - Economy - SN:41 - ID:10984285

    CAIRO, Dec 9 (MENA) - Prime Minister Moustafa Madbouli asserted there are direct directives from President Abdel Fattah El Sisi to kick-start executive steps for the important Robbiki Leather City project. Leather industry development project in ....

  • Bourse indexes down at close of Monday's trading session

    Date: 2024-12-09 14:02:47 GMT - Egypt - Economy - SN:40 - ID:10984510

    CAIRO, Dec 9 (MENA) - The Egyptian Exchange (EGX) indexes went down at the close of trading on Monday. The capital market lost nearly EGP 8 billion to end trading at EGP 2.281 trillion amid total transactions hitting EGP 35 billion. The EGX 30 ....

  • PM witnesses inking of protocol to promote Robaiki City abroad

    Date: 2024-12-09 09:28:02 GMT - Egypt - Economy - SN:17 - ID:10983951

    CAIRO, Dec 9 (MENA) - Prime Minister Moustafa Madbouli attended Monday the inking of a cooperation protocol to promote Robaiki City abroad. Deputy Prime Minister for Industrial Development and Transport Minister Kamel el-Wazir attending the ....

  • PM attends ceremony to launch 1st ready-built plant in Robaiki City

    Date: 2024-12-09 08:59:16 GMT - Egypt - Economy - SN:14 - ID:10983878

    CAIRO, Dec 9 (MENA) - Prime Minister Moustafa Madbouli attended Monday a ceremony to announce the launch of the first ready-built factories in Robaiki City. Transport Minister Kamel el-Wazir attended the ceremony, where a number of factory ....

  • Committee probes increasing Egypt's pharmaceutical exports to Africa

    Date: 2024-12-08 21:45:04 GMT - Egypt - Economy - SN:81 - ID:10983666

    CAIRO, Dec 8 (MENA) - The Permanent Follow-Up Committee on Egyptian-African Relations held a meeting on Sunday to discuss the access of Egypt's medicines and medical supplies into African markets. The meeting also addressed the role that ....

  • Kouchouk: Initiatives underway to back industries, clean energy transition

    Date: 2024-12-08 21:27:14 GMT - Egypt - Economy - SN:79 - ID:10983613

    CAIRO, Dec 8 (MENA) - Finance Minister Ahmed Kouchouk said Sunday the ministry is studying some initiatives to support the industrial sectors and transition to clean energy. The minister added, during a symposium held by the National Media ....

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