Economy

  • Service : English General
  • Category : Economy
  • Petroleum minister: New government keen on upping oil production, investments

    Date: 2024-08-19 12:56:27 GMT - Egypt - Economy - SN:32 - ID:10835172

    CAIRO, Aug 19 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi said on Monday the new government attaches importance to increasing oil production and attracting more investments. During a meeting with Apache Egypt CEO Greg ....

  • Petroleum min., Chevron officials probe accelerating gas exploration in Mediterranean

    Date: 2024-08-19 12:39:51 GMT - Egypt - Economy - SN:28 - ID:10835085

    CAIRO, Aug 19 (MENA) - Minister of Petroleum and Mineral Resources Karim Badwi discussed on Monday with a delegation of Chevron company prospects of accelerating gas exploration programs in the Mediterranean. The minister emphasized commitment of ....

  • Mashat: We are keen on providing ameliorate environment to widen scope of UAE investments in various domains

    Date: 2024-08-19 12:03:00 GMT - Egypt - Economy - SN:27 - ID:10835069

    CAIRO, Aug 19 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said her ministry is keen on creating ameliorate environment to encourage UAE investments in the various fields in Egypt and enhance ....

  • Investment minister, Nissan Motor Egypt company officials mull forecast for Egyptian market

    Date: 2024-08-19 12:02:40 GMT - Egypt - Economy - SN:24 - ID:10834963

    CAIRO, Aug 19 (MENA) - Minister of Investment and Foreign Trade Hassan el-Khatib said the government is working during the current stage to remove all obstacles facing investors through coordination with all state bodies and adopting measures meant ....

  • Planning minister says Egypt seeking to boost cooperation with S. Arabia

    Date: 2024-08-19 08:34:16 GMT - Egypt - Economy - SN:16 - ID:10834757

    CAIRO, Aug 19 (MENA) – Planning and Economic Development Minister Rania el-Mashaat said Monday that Egypt is looking forward to boosting cooperation with Saudi Arabia in all fields. Speaking during a meeting with Saudi Ambassador in Cairo Saleh ....

  • Egypt explores new investment opportunities in gold exploration

    Date: 2024-08-18 17:56:16 GMT - Egypt - Economy - SN:52 - ID:10834199

    CAIRO, Aug 18 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawy discussed Sunday with officials from several companies operating in the mining sector, including Lotus Gold Corporation and Capital Drilling. The meeting aimed to ....

  • Al Tadamun Microfinance portfolio surpasses EGP 1.3bn in Q1, Q2 2024

    Date: 2024-08-18 15:48:23 GMT - Egypt - Economy - SN:44 - ID:10834074

    CAIRO, Aug 18 (MENA) - Al Tadamun Microfinance Foundation on Sunday said it has achieved remarkable growth rates till June 2024, with a financial portfolio surpassing 1.4 billion pounds The leading microfinance institution, in a statement issued ....

  • EgyptAir declared official carrier of EIAS

    Date: 2024-08-18 13:13:37 GMT - Egypt - Economy - SN:30 - ID:10833830

    CAIRO, Aug 18 (MENA) – EgyptAir said Sunday that it will serve as the official carrier of Egypt International Airshow (EIAS), slated for September 3-5 in New Alamein City. In a statement today, EgyptAir said this reflects its commitment to ....

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

    Date: 2024-08-18 13:12:02 GMT - Egypt - Economy - SN:29 - ID:10833864

    CAIRO, Aug 18 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Sunday's trading, backed by strong purchases by local institutions and investment funds. The market capital registered EGP 2.037 trillion after total ....

  • PhosPhate Misr drills 92 wells in New Valley

    Date: 2024-08-18 11:58:45 GMT - Egypt - Economy - SN:24 - ID:10833744

    CAIRO, Aug 18 (MENA) - Chairman of PhosPhate Misr Company Mohamed Abdel Azim said on Sunday that some 92 phosphate wells have been drilled in Qoloua al Sabaya area, the New Valley governorate, with lengths of 3,672 meters. He added that the ....

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