Economy

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  • Category : Economy
  • State adopts integrated plan to develop, rehabilitate El-NASR Automotive Manufacturing Company: minister

    Date: 2024-04-23 17:17:53 GMT - Egypt - Economy - SN:65 - ID:10674858

    CAIRO, April 23 (MENA) - Minister of Public Business Sector Mahmoud Esmat has emphasized the political leadership’s support and follow-up for localizing the automobile industry as well as for reviving and operating El-NASR Automotive Manufacturing ....

  • New draft budget reflects presidential priorities as regards easing burden on citizens, says minister

    Date: 2024-04-23 15:56:46 GMT - Egypt - Economy - SN:52 - ID:10674658

    CAIRO, April 23 (MENA) - Minister of Finance Mohamed Maait said the new draft budget reflects presidential priorities as regards easing the burden on citizens and improving their standards of living. Maait made the remarks as he reviewed the ....

  • UNDP representatives lauds cooperation with MSMEDA to create new jobs

    Date: 2024-04-23 15:47:12 GMT - Egypt - Economy - SN:49 - ID:10674777

    CAIRO, April 23 (MENA) - UNDP Resident Representative in Egypt Alessandro Fracassetti emphasized the importance of cooperation with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) in order to provide more job opportunities. ....

  • Minister: 4.2% economic growth rate in 2024/25 plan, with investments exceeding EGP 2 trillions

    Date: 2024-04-23 14:16:03 GMT - Egypt - Economy - SN:40 - ID:10674445

    CAIRO, April 23 (MENA) - Minister of Planning and Economic Development Dr. Hala El-Said affirmed that the economic and social development plan for 2024/2025 aims to rationalize investment spending and expand public expenditure on human development, ....

  • 841m dollars from development partners to private sector within 6 months: Int'l cooperation min.

    Date: 2024-04-23 14:02:17 GMT - Egypt - Economy - SN:38 - ID:10674440

    CAIRO, April 23 (MENA) – Minister of International Cooperation Rania el Mashat said Tuesday that the Ministry of International Cooperation continues supporting the private sector and boosting entrepreneurship and innovation, adding that, in the ....

  • Wazir, French ambassador inspect LRT, Cairo third metro line

    Date: 2024-04-23 13:09:58 GMT - Egypt - Economy - SN:35 - ID:10674391

    CAIRO, April 23 (MENA) - Minister of Transport Kamel al-Wazir has hailed the depth of the relations between Egypt and France and the positive cooperation between the ministry and French companies in implementing giant projects in Egypt starting with ....

  • Egypt keen on supporting exports to foreign markets: Trade min.

    Date: 2024-04-23 12:22:11 GMT - Egypt - Economy - SN:33 - ID:10674178

    CAIRO, April 23 (MENA) - Minister of Trade and Industry Ahmed Samir said Tuesday the government is interested in increasing national exports to various foreign markets by developing industries and attracting more foreign investments. He provides ....

  • House approves total articles of draft law on "Unified Insurance Law"

    Date: 2024-04-23 12:19:49 GMT - Egypt - Economy - SN:32 - ID:10674234

    CAIRO, April 23 (MENA) - The House of Representatives, in its general session held Tuesday under Speaker Hanafi Gebali, agreed on the total articles of the draft law presented by the government to issue the "Unified Insurance Law," while postponing ....

  • Parl't approves agreement on Egypt's hosting of ACECCRA

    Date: 2024-04-23 11:21:08 GMT - Egypt - Economy - SN:27 - ID:10674124

    CAIRO, April 23 (MENA) – The parliament approved on Tuesday under Speaker Hanafy Gebaly presidential decree no.93 of 2024 on approving an agreement on Egypt’s hosting of African Center of Excellence on Climate Change Resilience and Adaptation of the ....

  • Dollar exchange rate stable at start of Tuesday's transactions

    Date: 2024-04-23 08:18:42 GMT - Egypt - Economy - SN:11 - ID:10673706

    CAIRO, April 23 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 48.10 for buying and EGP 48.20 for ....

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