Economy

  • Service : English General
  • Category : Economy
  • Madbouli orders further expansion of automotive industry in Egypt

    Date: 2024-08-18 11:53:07 GMT - Egypt - Economy - SN:23 - ID:10833735

    CAIRO, Aug 18 (MENA) - Prime Minister Mostafa Madbouli directed officials to expand the automotive industry in Egypt, in light of the formation of the Supreme Council for Automotive Industry and the incentives that have been approved, expressing his ....

  • Dollar exchange rate down 48 piasters during Sunday's transactions

    Date: 2024-08-18 10:44:13 GMT - Egypt - Economy - SN:19 - ID:10833629

    CAIRO, Aug 18 (MENA) - The dollar exchange rate inched down 48 piasters during Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar price reached EGP 48.85 for buying and EGP 48.95 for ....

  • Arab Contractors Company to sign mew contracts in Libya

    Date: 2024-08-17 20:15:55 GMT - Egypt - Economy - SN:67 - ID:10833066

    CAIRO, Aug 17 (MENA) - The Arab Contractors Company said Saturday it has signed several contracts for new projects in Tobruk, Al-Bayda, and Al-Makhili as part of a strategic vision to develop various Libyan regions. In a statement, the company ....

  • PM witnesses inking of agreements on wind power project in Gulf of Suez

    Date: 2024-08-17 16:00:02 GMT - Egypt - Economy - SN:47 - ID:10832778

    NEW ALAMEIN, Egypt, Aug 17 (MENA) - Prime Minister Moustafa Madbouli witnessed on Saturday the inking of two agreements for a project on establishing a 200-megawatt wind power generation station in the Gulf of Suez region by the Electricity ....

  • Aviation minister: Coop. with Boeing extends for decades in various fields

    Date: 2024-08-17 15:03:50 GMT - Egypt - Economy - SN:45 - ID:10832673

    CAIRO, Aug 17 (MENA) - Minister of Civil Aviation Sameh el-Hefni said Saturday cooperation with Boeing, which extends for decades reaching more than 50 years, enhances the capabilities of the Egyptian civil aviation sector in various fields, ....

  • MOPCO engages in project with Norway's Scatec to produce 150,000 tons of green ammonia annually

    Date: 2024-08-17 13:48:30 GMT - Egypt - Economy - SN:36 - ID:10832507

    CAIRO, Aug 17 (MENA) - Misr Fertilizers Production Company (MOPCO) has announced a new project to produce green ammonia with a capacity of 150,000 tons annually in cooperation with Norway's Scatec company. A shareholders’ agreement and a basic ....

  • PM affirms state's commitment to housing diversity in New Alamein City

    Date: 2024-08-17 11:53:19 GMT - Egypt - Economy - SN:20 - ID:10832511

    NEW ALAMEIN, Egypt, Aug 17 (MENA) - Prime Minister Mostafa Madbouli has emphasized the state's commitment to providing diverse housing options to meet the needs of the various segments of society in New Alamein City, to ensure it remains vibrant ....

  • Civil aviation min. inspects Alamein airport ahead of Egypt International Airshow 2024

    Date: 2024-08-16 19:43:03 GMT - Egypt - Economy - SN:60 - ID:10831891

    CAIRO, Aug 16 (MENA) - Minister of Civil Aviation Sameh el Hefny on Friday inspected Alamein International Airport to make sure that all preparations and logistical arrangements were taken to receive participants in the Egypt International Airshow ....

  • Agriculture min., Brazilian amb. discuss boosting bilateral cooperation

    Date: 2024-08-16 10:10:19 GMT - Egypt - Economy - SN:21 - ID:10831350

    CAIRO, Aug 16 (MENA) - Minister of Agriculture and Land Reclamation Alaa Eldin Farouq discussed with Brazilian Ambassador to Egypt Paulino Franco de Carvalho boosting bilateral cooperation and benefiting from the great agricultural expertise and ....

  • State keen to expand private sector's participation in various spheres: Official

    Date: 2024-08-16 09:59:27 GMT - Egypt - Economy - SN:20 - ID:10831367

    CAIRO, Aug 16 (MENA) - The government seeks to increase the private's sector participation in the various spheres in order to promote the sustainable development process and attain economic growth, affirmed Chairman of the Egyptian African ....

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