Economy

  • Service : English General
  • Category : Economy
  • State focuses on polyester production to back national industry, cut imports – Min.

    Date: 2024-08-10 10:47:34 GMT - Egypt - Economy - SN:26 - ID:10823004

    CAIRO, Aug 10 (MENA) – Minister of Public Business Sector Mohamed Shimi said great attention has been paid to polyester production under the state’s strategy to support the national industry, cut imports and increase exports. The minister made his ....

  • Electricity min.: Plan to develop High Dam station, increase its generation capacity

    Date: 2024-08-09 16:09:33 GMT - Egypt - Economy - SN:40 - ID:10822377

    CAIRO, Aug 9 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat said there is a plan to develop the High Dam power station and increase its electricity-generation capacity. This came during the minister's field tour of the High ....

  • Electricity minister meets with Saudi Acwa Power company officials

    Date: 2024-08-09 14:14:19 GMT - Egypt - Economy - SN:36 - ID:10822241

    CAIRO, Aug 9 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat, discussed with Engineer Hassan, the Regional Director of Saudi Arabia's "ACWA Power" company, at the ministry's headquarters in New Alamein, ways to support and ....

  • Public business minister confers with Rosatom delegation on means of boosting investments, joint cooperation

    Date: 2024-08-09 10:58:26 GMT - Egypt - Economy - SN:25 - ID:10822054

    CAIRO, Aug 9 (MENA) - Minister of Public Business Sector Mohamed Shimi discussed Friday ways to enhance mutual cooperation during his meeting with Murad Aslanov, the head of the regional office of Russia's "Rosatom" company in Egypt, a leading ....

  • New gas well to start operation by mid-August - Ministry

    Date: 2024-08-08 20:21:17 GMT - Egypt - Economy - SN:61 - ID:10821663

    CAIRO, Aug 8 (MENA) - The Greek energy company Energean PLC is close to finishing the exploratory well NAQPII EAST after discovering two gas and oil-bearing layers. The Ministry of Petroleum and Mineral Resources announced on Thursday that the ....

  • PM: Presidential directives to continue efforts to further localize promising industries

    Date: 2024-08-08 14:35:15 GMT - Egypt - Economy - SN:33 - ID:10821105

    NEW ALAMEIN, Egypt, Aug 8 (MENA) - Prime Minister Mostafa Madbouli said President Abdel Fattah El Sisi issued directives for the government to continue its extensive efforts to strengthen the localization of promising industries in Egypt and the ....

  • Cabinet approves amendment to regulations governing licenses for heavy industries

    Date: 2024-08-08 13:55:16 GMT - Egypt - Economy - SN:31 - ID:10821197

    NEW ALAMEIN, Egypt, Aug 8 (MENA) - The cabinet, under Prime Minister Mostafa Madbouli, approved on Thursday a draft decision amending some provisions of Law no 47/2020 as regards regulations governing the issuance of licenses for heavy ....

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

    Date: 2024-08-08 13:01:04 GMT - Egypt - Economy - SN:29 - ID:10821027

    CAIRO, Aug 8 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Thursday's trading, backed by strong purchases by institutions and Egyptian and foreign investment funds along with Arab investors and foreigners, against ....

  • AOI opens new gas stove safety valves production line

    Date: 2024-08-08 12:20:08 GMT - Egypt - Economy - SN:25 - ID:10820938

    CAIRO, Aug 8 (MENA) - Chairman of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif inaugurated on Thursday the production line of gas stove safety valves at the Arab-British Company for Dynamics Industries (ABD), which is ....

  • Egypt, IMF discuss mechanisms for developing National Accounts System

    Date: 2024-08-08 12:07:44 GMT - Egypt - Economy - SN:24 - ID:10820737

    CAIRO, Aug 8 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat on Thursday discussed in a virtual meeting with Elirjeta Pepaj, the regional advisor on national accounts and price statistics at the ....

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