Economy

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  • Category : Economy
  • Sisi's visit to Ankara historic, says Egyptian-Turkish business council

    Date: 2024-09-05 15:02:41 GMT - Egypt - Economy - SN:53 - ID:10858262

    CAIRO, Sept 5 (MENA) - Head of the Egyptian-Turkish Business Council Adel el Lami termed on Thursday as "historic" President Abdel Fattah El Sisi's visit to Turkey, his first since assuming office. The visit gives a major stimulus to economic ....

  • Khalda’s daily production surpasses 220,000 barrels in FY 2023-24

    Date: 2024-09-05 13:10:17 GMT - Egypt - Economy - SN:38 - ID:10858093

    CAIRO, Sept 5 (MENA) - The Khalda Petroleum Company's average production recorded more than 220,000 barrels of oil equivalent per day (boe/d) during the fiscal year (FY) 2023-24 after pumping new investments amounting to about $1.3 billion. The ....

  • CBE says net int'l reserves rise to dlrs 46.59 billion in August

    Date: 2024-09-05 12:26:51 GMT - Egypt - Economy - SN:34 - ID:10858080

    CAIRO, Sept 5 (MENA) - The Central bank of Egypt (CBE) said on Thursday that net international reserves increased at the end of August 2024 by 109 million dollars to hit 46.597 billion dollars against 46.488 billion dollars in the previous ....

  • Egypt bourse indices up at closing of Thursday trading

    Date: 2024-09-05 12:11:43 GMT - Egypt - Economy - SN:33 - ID:10858051

    CAIRO, Sept 5 (MENA) - Egyptian Stock Exchange indices recorded collective increases at the closing of Thursday trading session as the Central Bank of Egypt's Monetary Policies Committee is to convene later in the day to decide on interest ....

  • Planning min. lauds joint declaration signed between Egypt, Turkey

    Date: 2024-09-05 12:03:58 GMT - Egypt - Economy - SN:32 - ID:10857844

    ANKARA, Sept 5 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat lauded the joint declaration signed by Egyptian and Turkish presidents, as it stresses the importance of enhancing joint coordination ....

  • Agriculture min.: Egypt's agro-exports hit 6.1 million tons in nine months

    Date: 2024-09-05 06:31:17 GMT - Egypt - Economy - SN:6 - ID:10857433

    CAIRO, Sept 5 (MENA) - Agriculture Minister Alaa Farouk said Egypt's agricultural exports have ratcheted up to 6.1 million tons valued at dlrs 3.6 billion since the beginning of the year until now. This marks a rise of 400,000 tons of ....

  • E& Egypt to produce first home-made router in coop. with E-SICO

    Date: 2024-09-04 20:12:14 GMT - Egypt - Economy - SN:65 - ID:10857094

    CAIRO, Sept 4 (MENA) - E& Egypt, a leading ICT solutions provider, revealed that it had started manufacturing the first 4.5G router in Egypt in collaboration with the Egyptian Silicon Industries Co. (E-SICO), as part of the government's efforts to ....

  • EGX indexes show mixed performance

    Date: 2024-09-04 19:03:27 GMT - Egypt - Economy - SN:59 - ID:10857199

    CAIRO, Sept 4 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading amid anticipation of the CBE Monetary Policy Committee's decision on interest rates at its upcoming meeting. Some small and ....

  • Turkish company signs for setting up two industrial projects in Egypt

    Date: 2024-09-04 15:44:26 GMT - Turkey - Economy - SN:43 - ID:10857048

    ANKARA, Sept 4 (MENA) - An Egyptian trade source in Ankara said Turkey's Polaris Parks Co. for industrial land development signed an agreement on Wednesday with the New Urban Communities Authority to establish two new industrial development projects ....

  • AOI: MoU signed between ABD, Telewind Electronics

    Date: 2024-09-04 14:59:38 GMT - Egypt - Economy - SN:40 - ID:10856818

    NEW ALAMEIN, Sept 4 (MENA) – The Arab British for Dymanics Industries (ABD), an affiliate to the Arab Organization for Industrialization (AOI), has signed a memorandum of understanding and cooperation with Telewind Electronics Co. Ltd during Egypt’s ....

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