Economy

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  • Category : Economy
  • Badawi participates in Mining Conf. in Riyadh

    Date: 2025-01-15 16:36:12 GMT - Egypt - Economy - SN:27 - ID:11028023

    CAIRO, Jan 15 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi participated Wednesday in the official opening activities of the 4th edition of the International Mining Conference, hosted in Riyadh. In a statement, the ministry ....

  • Dollar exchange rate down during Wednesday's transactions

    Date: 2025-01-15 15:00:17 GMT - Egypt - Economy - SN:23 - ID:11027992

    CAIRO, Jan 15 (MENA) - The dollar exchange rate decreased during Wednesday's transactions, recording EGP 50.37 for buying and EGP 50.47 for selling at the Abu Dhabi Commercial Bank – Egypt (ADCB), Egyptian Arab Land Bank. The dollar exchange rate ....

  • Egypt one of most competitive markets in Africa: Investment min.

    Date: 2025-01-15 14:44:14 GMT - Egypt - Economy - SN:21 - ID:11027926

    CAIRO, Jan 15 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib said Wednesday Egypt is one of the most competitive markets in Africa, benefiting from its advanced infrastructure and strategic geographical location that links ....

  • EGX indexes up at close of Wednesday’s trading

    Date: 2025-01-15 13:14:52 GMT - Egypt - Economy - SN:16 - ID:11027964

    CAIRO, Jan 15 (MENA) - Egyptian Exchange (EGX) indexes went up at the close of Wednesday’s trading driven by purchases by Arab and foreign investment institutions and funds and foreign individuals, while local institutions and investors and Arab and ....

  • PM witnesses inauguration of Geely cars assembly lines in Egypt

    Date: 2025-01-15 12:18:19 GMT - Egypt - Economy - SN:14 - ID:11027790

    CAIRO, Jan 15 (MENA) - Prime Minister Moustafa Madbouli witnessed on Wednesday the ceremony of opening Geely cars assembly lines in Egypt. The factory will seek meeting local demand and exporting 30,000 vehicles. It will be the first step to ....

  • Wazir witnesses inking of cooperation deal between ENR, Italy's Salcef

    Date: 2025-01-15 11:33:56 GMT - Egypt - Economy - SN:12 - ID:11027642

    CAIRO, Jan 15 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir witnessed the signing of an agreement to establish a new company between the Egyptian National Railways (ENR) and the ....

  • 20,000 tons of goods handled at Red Sea ports

    Date: 2025-01-15 07:48:11 GMT - Egypt - Economy - SN:8 - ID:11027367

    HURGHADA, Egypt, Jan 15 (MENA) - About 20,000 tons of goods were handled at the different Red Sea harbors Wednesday, according to the Red Sea Ports Authority (RSPA). In a statement, the RSPA said imports included 4,500 tons of goods, 610 trucks ....

  • Petroleum ministry aims to issue 300 mining licenses yearly – Min.

    Date: 2025-01-14 20:42:50 GMT - Egypt - Economy - SN:58 - ID:11027085

    CAIRO, Jan 14 (MENA) – The mining sector aims to issue 300 licenses a year, Minister of Petroleum and Mineral Resources Karim Badawi said. The minister’s remarks came during his participation in the fourth Ministerial Roundtable, the flagship ....

  • Egypt has what it takes for advancing tire making industry: min.

    Date: 2025-01-14 19:56:04 GMT - Egypt - Economy - SN:56 - ID:11026974

    CAIRO, Jan 14 (MENA) - Minister of Public Business Sector Mohamed El Shimi said Egypt has all the prerequisites needed for advancing tire manufacturing industry. The minister was speaking during a meeting on Tuesday with a Chinese delegation led ....

  • Hesham El Metwally named chairman of Egyptian Authority for Unified Procurement

    Date: 2025-01-14 17:28:07 GMT - Egypt - Economy - SN:41 - ID:11026610

    CAIRO, Jan 14 (MENA) - Hesham El-Metwally, was appointed Tuesday as Chairman of the Egyptian Authority for Unified Procurement, replacing Bahaa El-Din Zidan. Metwally was vice president of the authority for unified procurement, and held several ....

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