Economy
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- Category : Economy
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Planning min.: EGP 81.4 bn investments in power sector in FY 2023/2024
Date: 2023-06-04 14:27:11 GMT - Egypt - Economy - SN:51 - ID:10192898
CAIRO, June 4 (MENA) - The investment plan in the sectors of electricity and energy is estimated at EGP 81.4 billion for the fiscal year 2023/2024, with EGP 69.4 billion general investments representing 85 percent of the total power investments, ....
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Planning min.: EGP 116.6 bn targeted agricultural investments in FY 2023/2024
Date: 2023-06-04 13:21:50 GMT - Egypt - Economy - SN:47 - ID:10192858
CAIRO, June 4 (MENA) - The economic and social development plan for the fiscal year 2023/2024 targets investments of EGP 116.6 billion in agriculture alongside boosting self-sufficiency in wheat and corn to 50 percent and to 70 percent in red meat, ....
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Bourse shows mixed performance at end of Sunday's trading session
Date: 2023-06-04 12:36:06 GMT - Egypt - Economy - SN:45 - ID:10192850
CAIRO, June 4 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Sunday's trading session, amid restructuring operations of investors' portfolios. The market capital reached nearly EGP 1.135 trillion, after ....
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PM, SCZONE head discuss progress in executing strategic, investment projects
Date: 2023-06-04 12:20:15 GMT - Egypt - Economy - SN:43 - ID:10192690
CAIRO, June 4 (MENA) - Prime Minister Mostafa Madbouli on Sunday held a meeting with Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal el Din to review the progress made in executing strategic and investment ....
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Planning minister to Senate: We target growth rate of 4.1% in 2023/2024
Date: 2023-06-04 12:19:09 GMT - Egypt - Economy - SN:42 - ID:10192708
CAIRO, June 4 (MENA) - Minister of Planning and Economic Development Hala El Said said that the economic development plan for 2023/2024 estimated the economic growth rate of about 4.1 percent compared with 4.2 percent of the previous year, noting ....
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CAPMAS: Trade exchange between Egypt, Mauritania up by 11.3% in 2022
Date: 2023-06-04 11:45:37 GMT - Egypt - Economy - SN:40 - ID:10192656
CAIRO, June 4 (MENA) - The volume of trade exchange between Egypt and Mauritania hit USD 42.9 in 2022, compared to USD 38.5 million in 2021, marking an increase of 11.3 percent, according to data from the Central Agency for Public Mobilization and ....
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Maait: Egypt's strong political will is to achieve citizens' dream of UHIA's coverage
Date: 2023-06-04 11:10:52 GMT - Egypt - Economy - SN:39 - ID:10192598
CAIRO, June 4 (MENA) - Finance Minister Mohamed Maait, head of the Universal Healthcare Insurance Authority (UHIA), asserted that Egypt is moving ahead with a strong political will towards achieving the Egyptians' dream of a comprehensive healthcare ....
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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 ....
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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 ....
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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 ....