Economy

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  • Category : Economy
  • Dollar price stable at Egypt's major banks

    Date: 2022-06-22 08:01:01 GMT - Egypt - Economy - SN:18 - ID:9635109

    CAIRO, June 22 (MENA) - The US dollar exchange rate was stable at the beginning of Wednesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 18.71 for buying and EGP 18.77 ....

  • 29 container, cargo ships handled at Damietta Port

    Date: 2022-06-22 07:56:52 GMT - Egypt - Economy - SN:17 - ID:9635088

    DAMIETTA, Egypt, June 22 (MENA) - As many as 29 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Wednesday, the Damietta Port Authority said the total volume of exported goods from ....

  • Egypt followed balanced approach to economic reform despite global crises

    Date: 2022-06-22 07:30:58 GMT - Germany - Economy - SN:13 - ID:9634985

    BERLIN, June 22 (MENA) - Egyptian Minister of Trade and Industry Niven Gamea asserted that Egypt followed a balanced approach down road toward economic reform in spite of the Russian-Ukrainian crisis and coronavirus pandemic. During statements ....

  • GAFI head reviews latest investment developments at Egyptian-Saudi business council meeting

    Date: 2022-06-21 23:18:32 GMT - Egypt - Economy - SN:73 - ID:9634855

    CAIRO, June 21 (MENA) - Chief Executive Director of the General Authority for Investment & Free Zones (GAFI) Mohamed Abdel-Wahab reviewed the latest developments in the investment sector in Egypt, including new measures adopted by the government and ....

  • Gov't adopted bold economic reforms to attract local, foreign investments -- Trade min.

    Date: 2022-06-21 22:59:07 GMT - Egypt - Economy - SN:74 - ID:9634856

    CAIRO, June 21 (MENA) - Thanks to its unique geographical location, large local demand, and qualified workforce, and the Suez Canal, through which around 12 per cent of maritime global trade passes, Egypt plays an active role in the global value ....

  • Egyptian-Saudi Business Council agrees on strengthening future investment cooperation

    Date: 2022-06-21 22:34:43 GMT - Egypt - Economy - SN:72 - ID:9634857

    CAIRO, June 21 (MENA) – The Egyptian-Saudi Business Council held a meeting on Tuesday on the sidelines of the visit of Saudi Crown Prince Mohamed bin Salman to Cairo. The meeting was attended by a host of senior officials from both countries, ....

  • Engineering Export Council dispatches trade mission to Angola to boost exports

    Date: 2022-06-21 20:33:45 GMT - Egypt - Economy - SN:64 - ID:9634397

    CAIRO, June 21 (MENA) - The Engineering Export Council of Egypt (EEC) has launched a trade mission to Angola, targeting eight main sectors, including home appliances, electric devices, electric and electronic industries, pumps, boilers, engines, ....

  • IDSC backs exit proposal on State Ownership Policy Document

    Date: 2022-06-21 20:31:32 GMT - Egypt - Economy - SN:63 - ID:9634684

    CAIRO, June 21 (MENA) – Participants at a workshop organized by the Cabinet's Information and Decision Support Center (IDSC) have proposed putting regulations governing the partnership between the private and public sectors. They reviewed the ....

  • Telecom Egypt, Grid Telecom cooperate to build submarine cable linking Egypt, Greece

    Date: 2022-06-21 20:14:01 GMT - Egypt - Economy - SN:61 - ID:9633980

    CAIRO, June 21 (MENA) - Telecom Egypt has signed a joint cooperation agreement with Grid Telecom, a subsidiary of the Independent Power Transmission Operator (IPTO), to connect Greece and Egypt using a submarine cable. This came during a visit by ....

  • AOI chief: strong Egyptian-Saudi ties help open new horizons for industrial partnership

    Date: 2022-06-21 17:56:59 GMT - Egypt - Economy - SN:53 - ID:9633982

    CAIRO, June 21 (MENA) - Chairman of the Arab Organization for Industrialization (AOI) Abdel Monem el Tarras called for benefiting from the strong Egyptian-Saudi relations to open up new horizons for partnership in various fields of industry, as part ....

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