Economy

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  • Category : Economy
  • Petroleum minister says coming phase to witness incentive packages to increase oil production

    Date: 2024-08-20 13:33:02 GMT - Egypt - Economy - SN:34 - ID:10837005

    CAIRO, Aug 20 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi has said the coming phase would witness packages of incentives to increase the production of oil and natural gas. The minister's statements came during a meeting with ....

  • Bourse indices up at closing of Tuesday's trading

    Date: 2024-08-20 12:36:47 GMT - Egypt - Economy - SN:31 - ID:10836911

    CAIRO, Aug 20 (MENA) - Egyptian Stock Exchange indices recorded collective increases at the closing of Tuesday's trading session, affected by purchase operations by institutions and Egyptian investment funds. The market capital gained about EGP ....

  • Ministers of military production, agriculture follow up developments of joint national, developmental projects

    Date: 2024-08-20 11:06:34 GMT - Egypt - Economy - SN:25 - ID:10836550

    CAIRO, Aug 20 (MENA) – Minister of Military Production Mohamed Salaheldin Moustafa asserted that the project of renovating the Zoo and linking it with Orman Garden is a national project that contributes to boosting biological diversity and ....

  • SCZONE denies rumors on plan to borrow EGP 19 billion

    Date: 2024-08-20 10:18:49 GMT - Egypt - Economy - SN:23 - ID:10836469

    CAIRO, Aug 20 (MENA) - General Authority for Suez Canal Economic Zone (SCZONE) denied rumors on its plan to borrow EGP 19 billion for a 13-year duration to continue the ports renovation projects. In a statement on Tuesday, the SCZONE said that ....

  • Wazir: Egyptian market has all potentials to develop automotive industry

    Date: 2024-08-20 10:10:19 GMT - Egypt - Economy - SN:21 - ID:10836336

    CAIRO, Aug 20 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir said the Egypt market has all potentials that enables it to develop strong automotive industry, in addition to the presence ....

  • Global (1): Flutterwave Enables its Online Merchants in Nigeria to Accept American Express Payments

    Date: 2024-08-20 09:52:30 GMT - Nigeria - Economy - SN:20 - ID:10836490

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ =================================================================== LAGOS, Nigeria, Aug. 20, 2024 /PRNewswire/ -- Flutterwave, Africa's leading payments ....

  • CBE hosts training course on big data, AI applications

    Date: 2024-08-20 09:44:42 GMT - Egypt - Economy - SN:19 - ID:10836379

    CAIRO, Aug 20 (MENA) – The Central Bank of Egypt (CBE) is, for the second year in a row, hosting a training course in collaboration with the COMESA Monetary Institute (CMI) on “Applications of Big Data Analysis and Artificial Intelligence to Central ....

  • Investments of ExxonMobil in North Marakia seismic exploration hit $90mn

    Date: 2024-08-20 09:32:18 GMT - Egypt - Economy - SN:16 - ID:10836199

    CAIRO, Aug 20 (MENA) - ExxonMobil said on Tuesday that it spent 90 million dollars on seismic exploration operations in 15 kilometers of its concession area in North Marakia Offshore block, western the Mediterranean. ExxonMobil Egypt, a market ....

  • Egyptian-Vietnamese private sector coop. to reflect positively on bilateral ties: Giza CoC chief

    Date: 2024-08-19 21:51:42 GMT - Egypt - Economy - SN:76 - ID:10836001

    CAIRO, Aug 19 (MENA) - Head of Giza Chamber of Commerce Ossama El Shahed said Egypt is a gateway to African and Middle Eastern markets, given the free trade agreements that facilitate exports from Egypt to these markets on preferential ....

  • Investment min. meets car manufacturing co. to discuss obstacles facing investors

    Date: 2024-08-19 20:42:59 GMT - Egypt - Economy - SN:68 - ID:10835575

    CAIRO, Aug 19 (MENA) - Minister of Investment and Foreign Trade Hassan el-Khatib has met a delegation from a car manufacture company investing in Egypt, stressing the need to facilitate investors in the import of services, production requirements, ....

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