Economy

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  • Category : Economy
  • 17,000 tons of goods handled at Red Sea ports

    Date: 2025-01-08 08:43:58 GMT - Egypt - Economy - SN:10 - ID:11019126

    HURGHADA, Egypt, Jan 8 (MENA) - About 17,000 tons of goods were handled at the different Red Sea harbors on Wednesday, according to the Red Sea Ports Authority (RSPA). In a statement, the RSPA said imports included 5,000 tons of goods, 579 trucks ....

  • Samsung’s factory in Egypt is the company's first in Middle East, Africa - IDSC

    Date: 2025-01-07 21:53:16 GMT - Egypt - Economy - SN:38 - ID:11018955

    CAIRO, Jan 7 (MENA) - The Cabinet's Information and Decision Support Center (IDSC) stressed on Tuesday that Samsung’s factory in Egypt is the company's first in the Middle East and Africa and it is one of 14 factories worldwide with investments ....

  • Egypt, EU discuss means to boost trade, investment cooperation

    Date: 2025-01-07 19:07:43 GMT - Egypt - Economy - SN:30 - ID:11018640

    CAIRO, Jan 7 (MENA) – Minister of Investment and Foreign Trade Hassan el Khatib asserted Egypt’s keenness on strengthening economic ties with the European Union in different domains and at all levels, pointing out to the importance of discovering ....

  • Damietta Port, China Xinxing Co. discuss ways of coop. in logistics services

    Date: 2025-01-06 19:02:02 GMT - Egypt - Economy - SN:43 - ID:11017760

    DAMIETTA, Egypt, Jan 6 (MENA) - Chairman of the Board of Directors of Damietta Port Authority Tarek Adly Abdullah said the port is ready to provide all forms of support to the China Xinxing Group Co. Ltd., which specializes in the manufacture of ....

  • Electricity minister: President Sisi follows up on progress at Dabaa nuclear plant

    Date: 2025-01-06 18:41:00 GMT - Egypt - Economy - SN:37 - ID:11017516

    CAIRO, Jan 6 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat said President Abdel Fattah El Sisi is following up on the implementation status of El-Dabaa Nuclear Power Plant Project (El-Dabaa NPP Project), progress made so far ....

  • CBE: International reserves up by $157mn at end of December

    Date: 2025-01-06 17:23:21 GMT - Egypt - Economy - SN:35 - ID:11017714

    CAIRO, Jan 6 (MENA) - The Central Bank of Egypt (CBE) said on Monday that Egypt's Net International Reserves (NIRs) rose to US$ 47.109 billion at the end of December 2024, recording an increase by around $157 million compared to November, 2024. ....

  • Egypt among top five African nations in Numbeo's 2025 Quality of Life Index, shows report

    Date: 2025-01-06 15:33:50 GMT - South Africa - Economy - SN:26 - ID:11017428

    CAPE TOWN, Jan 6 (MENA) - A report showed that Egypt was among the top five African nations in the Numbeo's Quality of Life Index for 2025. The advancement in Egypt's ranking demonstrates its efforts to make a balance between achieving ....

  • Bourse indexes down before Christmas holiday

    Date: 2025-01-06 13:40:05 GMT - Egypt - Economy - SN:22 - ID:11017417

    CAIRO, Jan 6 (MENA) - The Egyptian Exchange (EGX) indexes went down at close of Monday's trading backed by sales by institutions and Egyptian and Arab investment funds before Christmas holiday Tuesday. The capital market trading recorded nearly ....

  • Target HR acquires brand license rights to operate global Manpower contingent staffing, permanent recruitment brand

    Date: 2025-01-06 12:49:42 GMT - Egypt - Economy - SN:18 - ID:11017227

    CAIRO, Jan 6 (MENA) - Target HR Monday announced it has acquired the brand license rights to operate Manpower, a global contingent staffing and permanent recruitment brand under ManpowerGroup, in Egypt. Under this agreement, Target HR will ....

  • Egypt unveils ITIDA Gigs initiative to equip 20,000 youth with freelancing skills

    Date: 2025-01-06 11:38:20 GMT - Egypt - Economy - SN:17 - ID:11017185

    CAIRO, Jan 6 (MENA) - Egypt’s Information Technology Industry Development Agency (ITIDA) has launched ITIDA Gigs, a new initiative designed to enhance the freelancing skills of young Egyptians. The program targets training and equipping 20,000 ....

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