Economy

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  • Category : Economy
  • Navigation back to normal at Suez Canal after handling oil tanker malfunction

    Date: 2023-06-04 10:10:11 GMT - Egypt - Economy - SN:33 - ID:10192436

    ISMAILIA, June 4 (MENA) - The Navigation at the Suez Canal has returned to normal in both directions after successfully handling traffic disruption briefly caused by an oil tanker suffering an engine failure while transiting the canal, said Chairman ....

  • Dollar exchange rate stable at start of Sunday transactions

    Date: 2023-06-04 08:07:06 GMT - Egypt - Economy - SN:18 - ID:10192208

    CAIRO, June 4 (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 ....

  • Saudi min.: Kingdom interested in boosting exports to Egyptian market

    Date: 2023-06-04 07:26:52 GMT - Kingdom of Saudi Arabia - Economy - SN:15 - ID:10192148

    RIYADH, June 4 (MENA) - Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef stressed the kingdom's interest in boosting exports to the Egyptian market. In statements to the Saudi Ekhbariya channel, he said there are many chances ....

  • 34 ships handled at Damietta port over past 24 hours

    Date: 2023-06-03 21:42:07 GMT - Egypt - Economy - SN:52 - ID:10191800

    DAMIETTA, Egypt, June 3 (MENA) - As many as 33 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Saturday, the Damietta Port Authority said the total volume of exported goods from ....

  • Egypt aims to ensure ports' sustainability, efficiency - PM

    Date: 2023-06-03 16:25:42 GMT - Egypt - Economy - SN:44 - ID:10191599

    ALEXANDRIA, Egypt, June 3 (MENA) - The Egyptian government aspires to not only build infrastructure at ports, but also secure their long-term viability, efficiency, and upkeep in accordance with international standards, Prime Minister Mostafa ....

  • Egypt has potential to localize auto industry - minister

    Date: 2023-06-03 15:07:24 GMT - Egypt - Economy - SN:37 - ID:10191501

    CAIRO, June 3 (MENA) - Egypt possesses various capabilities that qualify it to carry out a true localization process for the auto industry that serves the local market’s demand while also exporting to regional and African markets, Minister of Trade ....

  • PM inspects dry bulk terminal in Alex. Dekheila Port

    Date: 2023-06-03 10:34:55 GMT - Egypt - Economy - SN:24 - ID:10191182

    ALEXANDRIA, Egypt, June 3 (MENA) - Prime Minister Mostafa Madbouli inspected Saturday the dry bulk terminal in Dekheila Port in the Egyptian coastal city of Alexandria. The premier is paying a visit to Alexandria Governorate, accompanied by ....

  • Business sector min. starts field tour of Ghazl El Mahalla company

    Date: 2023-06-03 09:38:44 GMT - Egypt - Economy - SN:21 - ID:10191035

    EL MAHALLA EL KUBRA, Egypt, June 3 (MENA) - Public Business Sector Minister Mahmoud Esmat started a field tour Saturday of Misr Spinning and Weaving Company in El Mahalla El Kubra city in Gharbia Governorate. The tour is aiming at constantly ....

  • Communications min.: Samsung Electronics to establish mobile phone factory in Beni Suef

    Date: 2023-06-02 15:44:12 GMT - Egypt - Economy - SN:44 - ID:10190239

    CAIRO, June 2 (MENA) - Minister of Communications and Information Technology Amr Talaat has announced South Korea's Samsung Electronics company will establish a mobile phone factory in Beni Suef governorate on an area of 6,000 square ....

  • Mashat praises cooperation with UK in promoting climate action

    Date: 2023-06-02 15:09:10 GMT - Egypt - Economy - SN:41 - ID:10190221

    CAIRO, June 2 (MENA) - Minister of International Cooperation Rania el Mashat on Friday hailed fruitful cooperation with the UK and other development partners towards maintaining the climate action. The minister was addressing the graduation ....

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