Economy

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  • Category : Economy
  • Egypt’s exports of chemical, fertilizer industries hit $6.4 bln in Jan-Sept 2022: official

    Date: 2022-10-31 17:45:30 GMT - Egypt - Economy - SN:73 - ID:9851230

    CAIRO, Oct 31 (MENA) – Egypt’s exports of chemical and fertilizer industries rose 31% year-on-year during the first nine months of 2022 to reach $6.478 billion, Head of the Chemicals and Fertilizers Export Council Khaled Abul Makarem said on ....

  • Drug industry inputs exemption from VAT 'important step' - official

    Date: 2022-10-31 17:05:53 GMT - Egypt - Economy - SN:69 - ID:9851328

    CAIRO, Oct 31 (MENA) - Head of the Drug Division at the Federation of Egyptian Chambers of Commerce Ali Auf said that law no. 3 of year 2022, which calls for exempting pharmaceutical industry inputs, such as active ingredients, from VAT is a very ....

  • Planning minister: "She Trades Egypt" project seeks to empower women

    Date: 2022-10-31 16:37:31 GMT - Egypt - Economy - SN:61 - ID:9851232

    CAIRO, Oct 31 (MENA) - Planning and Economic Development Minister Hala el Saeed said on Monday that the "She Trades Egypt" project came as part of the state's efforts to empower women at the political, economic and social levels. The project was ....

  • SMEDA head says authority seeks to tap global markets to promote Egyptian heritage products

    Date: 2022-10-31 16:36:31 GMT - Egypt - Economy - SN:66 - ID:9851237

    CAIRO, Oct 31 (MENA) - Executive Chairperson of the Small and Medium Enterprises Development Authority (SMEDA) Nivine Gamea said the authority seeks to tap global markets to promote Egypt's unique heritage products. Gamea's remarks came while ....

  • Dollar prices stable at Egypt's major banks

    Date: 2022-10-31 14:59:43 GMT - Egypt - Economy - SN:53 - ID:9851166

    CAIRO, Oct 31 (MENA) - The US dollar exchange rate was stable at the end of Monday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 23.90 for buying and EGP 24.00 for ....

  • Business sector ministry keen to encourage all avenues of investment - min.

    Date: 2022-10-31 14:41:42 GMT - Egypt - Economy - SN:51 - ID:9851010

    CAIRO, Oct 31 (MENA) - Minister of Public Business Sector Mahmoud Esmat said his ministry is keen to encourage investors in all domains in order to support and develop the industrial sector. The ministry's policy is also meant to strengthen ....

  • Egypt bourse posts collective gains, all indexes up

    Date: 2022-10-31 13:39:26 GMT - Egypt - Economy - SN:50 - ID:9851043

    CAIRO, Oct 31 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by purchases by Arab and foreign financial institutions and investment funds, against sales by local institutions. The ....

  • Egypt calls on Qatari businessmen to benefit from incentives offered to investors

    Date: 2022-10-31 13:08:58 GMT - Egypt - Economy - SN:48 - ID:9850804

    CAIRO, Oct 31 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab said on Monday the success of Qatari companies working in Egypt will be an important element for encouraging more companies to increase ....

  • Molla: Boosting cooperation with Italy's Eni to up production

    Date: 2022-10-31 13:03:45 GMT - Egypt - Economy - SN:47 - ID:9850853

    CAIRO, Oct 31 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla underscored the importance of enhancing successful partnership with Italy's Eni company in oil and gas production and exploration. Molla added efforts are now ....

  • CBE decides to cancel Monetary Policy Committee meeting

    Date: 2022-10-31 13:02:07 GMT - Egypt - Economy - SN:46 - ID:9850856

    CAIRO, Oct 31 (MENA) - The Central Bank of Egypt (CBE) announced the meeting of the Monetary Policies Committee, slated for next Thursday, will be cancelled. In a statement Monday, the Bank said the extraordinary meeting of the committee, held ....

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