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Economy
- Service : English General
- Category : Economy
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Bourse indices up at end of transactions
Date: 2024-08-11 12:44:49 GMT - Egypt - Economy - SN:38 - ID:10824682
CAIRO, Aug 11 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session, backed by strong purchases by local institutions, funds and investors. The market capital gained about EGP 58 billion to ....
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Partnership with Japan helps localize industry - Minister
Date: 2024-08-11 12:44:02 GMT - Egypt - Economy - SN:37 - ID:10824563
CAIRO, Aug 11 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania al Mashat affirmed Sunday the importance of strengthening the partnership with Japan based on the priorities of the Egyptian government's program, ....
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CBE gives directives to facilitate opening accounts to non-resident foreigners
Date: 2024-08-11 11:10:06 GMT - Egypt - Economy - SN:28 - ID:10824467
CAIRO, Aug 11 (MENA) - The Central Bank of Egypt (CBE) instructed the banks to facilitate opening accounts to the non-resident foreigners in Egypt and benefit from the various banking services, without prejudice to control regulations governing ....
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US dollar reaches EGP 49.35 at beginning of Sunday's transactions
Date: 2024-08-11 09:59:16 GMT - Egypt - Economy - SN:20 - ID:10824350
CAIRO, Aug 11 (MENA) - The US dollar exchange rate registered EGP 49.25 for buying and EGP 49.35 for selling at the beginning of Sunday's transactions at Egypt's major banks. At Banque Misr, the dollar rate stood at EGP 49.20 for buying and EGP ....
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Sisi directs ironing out hurdles to investors - Wazir
Date: 2024-08-11 08:01:33 GMT - Egypt - Economy - SN:10 - ID:10824105
CAIRO, Aug 11 (MENA) - Deputy Premier for Industrial Development and Minister of Industry and Transport Kamel el Wazir unveiled on Sunday President Abdel Fattah El Sisi's directives to remove hurdles facing industrial investors in order to develop ....
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Midor's production capacity up to 160,000 bpd - Petroleum min.
Date: 2024-08-10 18:56:59 GMT - Egypt - Economy - SN:72 - ID:10823746
CAIRO, Aug 10 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi inspected Saturday the pilot operation of all production units of Egypt's Middle East Oil Refinery Company (Midor) in Alexandria, whose production capacity increased to ....
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Min. of Public Business Sector follows up progress made to implement national textile industry development project
Date: 2024-08-10 18:17:39 GMT - Egypt - Economy - SN:66 - ID:10823722
CAIRO, Aug 10 (MENA) - Minister of Public Business Sector Mohamed Shimy said extensive efforts are needed to drive up completion rates of the ongoing project to improve the industrial complex Misr Spinning Weaving and Beida Dyers Company. Shimy ....
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Egypt seeks to increase COMESA inter-trade volume to $8 bln by end of 2025 - EAAMGI
Date: 2024-08-10 13:59:44 GMT - Egypt - Economy - SN:42 - ID:10823302
CAIRO, Aug 10 (MENA) - President of the Egyptian African Association for the Marble and Granite Industry (EAAMGI) Mohamed Aref said Egypt and the Republic of Congo are working for sustainable economic development, using the material and human ....
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Applying for lands for investment until Aug. 15; roads renovated in Obour: Housing
Date: 2024-08-10 12:38:13 GMT - Egypt - Economy - SN:33 - ID:10823064
CAIRO, Aug 10 (MENA) - Chairman of the Obour City Development Authority Ahmed Rashad announced offering plots of land under immediate allocation system in August 2024 by applying on the website of the New Urban Communities Authority and completing ....
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Business Insider: Egypt ranked 7th in Africa in oil reserve for 2024
Date: 2024-08-10 12:02:29 GMT - Egypt - Economy - SN:31 - ID:10823046
CAIRO, Aug 10 (MENA) - Egypt ranked seventh as far as the largest oil reserve for 2024 is concerned with 3.300 billion barrels, according to Business Insider Africa. Libya came in the first position, followed by Nigeria, Algeria, Angola, Sudan ....
