Economy

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  • Category : Economy
  • PM: State's export support system to see significant shift to close dollar gap

    Date: 2023-02-08 19:48:18 GMT - Egypt - Economy - SN:94 - ID:10009950

    CAIRO, Feb 8 (MENA) - The State's export support system, to be revealed soon, will see a significant shift to achieve our goal of closing the current dollar gap based on a timeline with clear quantitative indicators, Prime Minister Mostafa Madbouli ....

  • PM: 32 state-owned companies to be sold within one year -- 2 last Cairo

    Date: 2023-02-08 19:04:14 GMT - Egypt - Economy - SN:91 - ID:10009812

    The government has adopted more than 32 reform measures over the past period to boost competitiveness and support manufacturers in the industrial sector, Madbouli said during the press conference. The Cabinet decided to avoid imposing any new ....

  • PM: 32 state-owned companies to be sold in one year

    Date: 2023-02-08 18:07:23 GMT - Egypt - Economy - SN:86 - ID:10009809

    CAIRO, Feb 8 (MENA) - As many as 32 Egyptian state companies will either be listed on the Egyptian Exchange (EGX) or sold to strategic investors within a year, Prime Minister Mostafa Madbouli said Wednesday. During a news briefing following the ....

  • EIB: We are keen on promoting cooperation with Egyptian gov't

    Date: 2023-02-08 16:32:16 GMT - Egypt - Economy - SN:73 - ID:10009358

    CAIRO, Feb 8 (MENA) - Director of the Lending Operations in European Union Neighboring Countries at the European Investment Bank (EIB) Lionel Rapaille said the bank's delegation is deeply interested in promoting cooperation with Egypt in various ....

  • Sisi holds two meetings to review industry development file

    Date: 2023-02-08 16:21:12 GMT - Egypt - Economy - SN:70 - ID:10009590

    CAIRO, Feb 8 (MENA) - President Abdel Fattah El Sisi held a meeting on Wednesday with Prime Minister Moustafa Madbouli, Minister of Housing, Utilities and Urban Communities Assem el Gazar, Minister of Trade and Industry Ahmed Samir, Commander of the ....

  • Mashat stresses depth of partnership with EU, OECD in various domains

    Date: 2023-02-08 15:34:40 GMT - Egypt - Economy - SN:67 - ID:10009178

    CAIRO, Feb 8 (MENA) - International Cooperation Minister Rania Mashat stressed the importance of the program for the EU-funded project “Support to Enhanced Administrative and Public Economic Governance in Egypt" which is being implemented in tandem ....

  • Navigation halted at Burullus port for 3rd day due to bad weather

    Date: 2023-02-08 15:24:51 GMT - Egypt - Economy - SN:66 - ID:10009356

    KAFR EL SHEIKH, Egypt, Feb 8 (MENA) - Navigation and fishing were halted at the Burullus port on Wednesday due to strong winds and high waves. In a statement, the Kafr el Sheikh governorate said that fishing is halted for the third day in a ....

  • Talaat: We are keen on setting stage for digital games industry

    Date: 2023-02-08 14:31:27 GMT - Egypt - Economy - SN:62 - ID:10009181

    CAIRO, Feb 8 (MENA) - Minister of Communications and Information Technology Amr Talaat asserted the ministry's utmost keenness on providing a simulative environment for innovations to manufacture digital games. The minister was speaking at the ....

  • Finance min.: Gov't deal positively with fears shown in Moody's report

    Date: 2023-02-08 14:28:55 GMT - Egypt - Economy - SN:59 - ID:10009205

    CAIRO, Feb 8 (MENA) - Finance Minister Mohamed Maait stressed the government's positive dealing with fears shown in a report issued by Ratings agency Moody's which lowered Egypt's credit rating to B3 with stable future outlook. He noted, however, ....

  • IDSC: Egypt to become regional hub for electronics

    Date: 2023-02-08 13:36:39 GMT - Egypt - Economy - SN:57 - ID:10008996

    CAIRO, Feb 8 (MENA) - The cabinet's Information and Decision Support Centre (IDSC) published Wednesday an infographic about the industry of electronics in Egypt. It said Egypt will become a regional hub for manufacturing electronics. Three ....

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