Economy

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  • Category : Economy
  • Egypt launches int'l bid for oil, gas exploration in Mediterranean, Nile Delta

    Date: 2024-08-27 08:32:40 GMT - Egypt - Economy - SN:16 - ID:10845295

    CAIRO, Aug 27 (MENA) - The Egyptian Natural Gas Holding Company (EGAS) on Tuesday announced launching a new International Bid Round for Oil and Gas Exploration for the year 2024 in 12 blocks in the Mediterranean and Nile Delta, according to the ....

  • 36,000 tons of goods handled at Red Sea ports

    Date: 2024-08-27 07:54:21 GMT - Egypt - Economy - SN:13 - ID:10845466

    HURGHADA, Egypt, Aug 27 (MENA) - About 36,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 5,000 tons of goods, 432 trucks and 96 ....

  • Noha Roshdy Khalil appointed acting executive director of TSFE

    Date: 2024-08-27 07:46:21 GMT - Egypt - Economy - SN:11 - ID:10845332

    CAIRO, Aug 27 (MENA) – The Sovereign Fund of Egypt (TSFE) board has decided to appoint Noha Roshdy Khalil as head of the sector of strategy and business and acting executive director of the Fund. The decision was made during the first meeting of ....

  • FEI chosen member of IOE board

    Date: 2024-08-26 21:05:56 GMT - Egypt - Economy - SN:79 - ID:10845117

    CAIRO, Aug 26 (MENA) – Deputy Chairman of the Federation of Egyptian Industries (FEI) Tareq Tawfiq has been chosen as board member of the Geneva-based International Organization of Employers (IOE). An FEI statement said Monday the IOE represents ....

  • IMF lauds Egypt's economic reforms

    Date: 2024-08-26 18:56:05 GMT - Egypt - Economy - SN:72 - ID:10845038

    CAIRO, Aug 26 (MENA) - The International Monetary Fund (IMF) lauded Egypt's economic reforms, which contributed to improving economic indicators and reducing inflation rates. Egypt's economic outlook is expected to improve as the country pushes ....

  • PM directs to allocate permanent places for offering commodities at suitable prices

    Date: 2024-08-26 16:33:58 GMT - Egypt - Economy - SN:60 - ID:10844781

    NEW ALAMEIN, Egypt, Aug 26 (MENA) – Prime Minister Mostafa Madbouli issued directives for allocating permanent places to offer commodities at affordable prices to consumers throughout the year, like the 'Ahlan Ramadan' (Welcome Ramadan) and the ....

  • Egypt's bourse shows mixed performance at close of Monday's trading

    Date: 2024-08-26 15:50:28 GMT - Egypt - Economy - SN:55 - ID:10844802

    CAIRO, Aug 26 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Monday's trading session, amid anticipation of news regarding the economy, companies' performance and expected acquisition deals in the market. The ....

  • FRA announces new restructure of RCSF under Mahmoud Mohieldin

    Date: 2024-08-26 15:13:58 GMT - Egypt - Economy - SN:53 - ID:10844818

    CAIRO, Aug 26 (MENA) - Chairman of the Financial Regulatory Authority (FRA) Mohamed Farid issued a decision restructuring the advisory board of the Regional Center for Sustainable Finance (RCSF) - the authority's sustainable development arm - under ....

  • Finance Minister: We eye more British investments in Egypt

    Date: 2024-08-26 11:58:35 GMT - Egypt - Economy - SN:35 - ID:10844357

    CAIRO, Aug 26 (MENA) - Minister of Finance Ahmed Kouchouk has described Britain as key partner to Egypt, saying that it is one of the biggest investors in the Egyptian markets. During a meeting with British Ambassador in Cairo Gareth Bayley at ....

  • Egypt, Sierra Leone discuss cooperation chances in industry, transport domains

    Date: 2024-08-26 09:25:17 GMT - Egypt - Economy - SN:22 - ID:10844097

    CAIRO, Aug 26 (MENA) - Eng. Kamel El Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, met on Monday with Sierra Leone Ambassador in Cairo Sadiq Silla. They discussed chances of bilateral cooperation ....

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