Economy

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  • Category : Economy
  • Non-banking financial sector plays vital role in funding economic sectors – FRA chief

    Date: 2022-10-24 22:22:04 GMT - Egypt - Economy - SN:106 - ID:9839652

    CAIRO, Oct 24 (MENA) – Head of the Financial Regulatory Authority (FRA) Mohamed Farid has lauded the important role played by the non-banking financial sector in financing different economic sectors in Egypt. He made his remarks on Monday at a ....

  • Egypt, Qatar probe means to boost investments

    Date: 2022-10-24 20:36:54 GMT - Egypt - Economy - SN:100 - ID:9839214

    CAIRO, Oct 24 (MENA) – Petroleum and Mineral Resources Minister Tarek El Mola discussed with Qatari Minister of Energy Saad al-Kaabi and his accompanying delegation means to cement bilateral cooperation and enhance joint investments in the petroleum ....

  • Sovereign Fund of Egypt works for creating investment friendly environment: TSFE chief

    Date: 2022-10-24 20:19:00 GMT - Egypt - Economy - SN:97 - ID:9839200

    CAIRO, Oct 24 (MENA) - CEO of the Sovereign Fund of Egypt (TSFE) Ayman Solaiman said the sovereign wealth fund focuses on entrenching local industry, which reflects the State's positive and firm tendency to keep moving forward in main economic and ....

  • PM: Selecting right time for IPOs is key to high returns

    Date: 2022-10-24 20:10:53 GMT - Egypt - Economy - SN:96 - ID:9839379

    CAIRO, Oct 24 (MENA) - The ultimate goal of the government decision to offer some state-owned companies for sale on the Egyptian Exchange (EGX) is to maximize the benefits from state-owned assets, Prime Minister Mostafa Madbouli said ....

  • Experts call for developing clear-cut 10-year industrial strategy

    Date: 2022-10-24 18:48:42 GMT - Egypt - Economy - SN:91 - ID:9839203

    CAIRO, Oct 24 (MENA) – Experts have called for developing a clear-cut strategy for industrial development in the coming 10 years. The call came on Monday during a session to discuss Egypt’s “State Ownership Policy” document as part of the second ....

  • PM mulls possibility of public-private partnership in hospital management

    Date: 2022-10-24 17:55:32 GMT - Egypt - Economy - SN:88 - ID:9839291

    CAIRO, Oct 24 (MENA) - Prime Minister Moustafa Madbouli spoke highly of the possibility of engaging the private sector in partnerships with the State in the file of managing hospitals. "We - as a State - are very much keen on the private ....

  • GAFI chief: Gov't took serious steps to support investors

    Date: 2022-10-24 17:48:40 GMT - Egypt - Economy - SN:87 - ID:9839292

    CAIRO, Oct 24 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab said on Monday the government took serious steps to support investors and settle investment-related issues. Speaking during a panel ....

  • Banks in Egypt pumped EGP 400 bln to fund small, medium-sized enterprises - Banque Misr president

    Date: 2022-10-24 17:46:56 GMT - Egypt - Economy - SN:86 - ID:9839097

    CAIRO, Oct 24 (MENA) - Chairman of Banque Misr Mohamed El Etreby said on Monday banks operating in the Egyptian market have pumped EGP 400 billion to finance small-sized and medium-sized enterprises till now. Speaking during a panel discussion ....

  • Transport ministry seeks to attract foreign investments upon Sisi's directives: Min. 2 last Cairo

    Date: 2022-10-24 17:44:00 GMT - Egypt - Economy - SN:85 - ID:9839164

    Wazir noted that his ministry cooperated with 150 private sector companies to carry out 23 tunnel and electric traction projects, offering 400,000 jobs. The minister shed light on nearly 90 railway projects, which were either implemented or are ....

  • Transport ministry seeks to attract foreign investments upon Sisi's directives: Min.

    Date: 2022-10-24 17:40:07 GMT - Egypt - Economy - SN:84 - ID:9839159

    CAIRO, Oct 24 (MENA) - Transport Minister Kamel el Wazir said on Monday that his ministry seeks to increase its partnership with the local and international private sectors to carry out mega projects and attract foreign investments upon directives ....

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