Economy

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  • Category : Economy
  • PM reviews report on gold investment funds activity in July, August

    Date: 2024-09-24 15:27:35 GMT - Egypt - Economy - SN:39 - ID:10884840

    CAIRO, Sept 24 (MENA) - Prime Minister Mostafa Madbouli has reviewed gold investment funds activities in state's efforts to build an advanced non-banking financial sector, representing an important step towards enhancing financial and investment ....

  • Finance min. says looks forward to Asian Bank pumping more investments in Egypt

    Date: 2024-09-24 14:26:12 GMT - Egypt - Economy - SN:38 - ID:10884423

    CAIRO, Sept 24 (MENA) - Finance Minister Ahmed Kouchouk said Tuesday he aspires for the Asian Bank to pump more additional investments in Egypt, especially in priority sectors, and to explore new opportunities for cooperation in green projects, ....

  • TÜMİAD seeks to increase volume of bilateral trade to $15 bln

    Date: 2024-09-24 14:23:51 GMT - Egypt - Economy - SN:36 - ID:10884701

    CAIRO, Sept 24 (MENA) – Member of the Turkish Egyptian Business Association (TÜMİAD) Matta Beshay said both countries seek to increase the volume of bilateral trade to $15 billion annually by continuing to strengthen economic and trade relations and ....

  • EIB is one of largest development partners for Egypt – Min.

    Date: 2024-09-24 14:22:53 GMT - USA - Economy - SN:35 - ID:10884443

    NEW YORK, Sept 24 (MENA) – The European Investment Bank (EIB) is one of the largest development partners for Egypt, said Rania Al-Mashat, the Minister of Planning, Economic Development and International Cooperation. The minister’s remarks came on ....

  • EGX shows mixed performance at end of Tuesday's trading session

    Date: 2024-09-24 12:55:35 GMT - Egypt - Economy - SN:34 - ID:10884566

    CAIRO, Sept 24 (MENA) - Egyptian Exchange (EGX) indexes continued to show mixed performance at the end of Tuesday's trading session. The market capital gained nearly EGP 3 billion to register EGP 2.111 trillion amid transactions that totaled EGP ....

  • Petroleum ministry: Natural gas supplied to more than 2 mln residential units in Upper Egypt

    Date: 2024-09-24 12:54:18 GMT - Egypt - Economy - SN:32 - ID:10884441

    CAIRO, Sept 24 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi said on Tuesday that natural gas was supplied to more than two million residential units in Upper Egypt, in addition to 186 factories and 8,400 commercial facilities, ....

  • SCZONE chairman: Egypt offers special incentives for automotive manufacturers

    Date: 2024-09-24 12:53:16 GMT - Egypt - Economy - SN:31 - ID:10884471

    CAIRO, Sept 24 (MENA) - Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dien has expressed the SCZONE keenness on supporting all kinds of investments and incentives for investors. During a meeting with a ....

  • 11,000 tons of goods handled at Red Sea ports

    Date: 2024-09-24 07:15:29 GMT - Egypt - Economy - SN:10 - ID:10883811

    HURGHADA, Egypt, Sept 24 (MENA) - About 11,000 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 4,500 tons of goods, 403 trucks and 101 ....

  • Petroleum Ministry: 5 discoveries add 1.3tr cubic feet of gas, 30mn barrels of oil in 2023-2024

    Date: 2024-09-23 18:49:09 GMT - Egypt - Economy - SN:65 - ID:10882905

    CAIRO, Sept 23 (MENA) Egypt's state-owned gas company EGAS has completed five seismic survey programs over an area of 24,000 square kilometers that were meant to support exploration activities during 2023-2024. Five discoveries were made, adding ....

  • Petrogas provided 3.6 million tons of butane gas to local market during FY 2023/2024

    Date: 2024-09-23 17:45:57 GMT - Egypt - Economy - SN:56 - ID:10883083

    CAIRO, Sept 23 (MENA) - Petroleum Gas Company (Petrogas) announced that about 3.6 million tons of butane gas were supplied to the local market during the fiscal year 2023-2024. While chairing the Petrogas assembly meeting to approve the business ....

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