Economy

  • Service : English General
  • Category : Economy
  • All EGX indices down, benchmark declines 0.88 pct

    Date: 2022-06-22 13:45:03 GMT - Egypt - Economy - SN:55 - ID:9635974

    CAIRO, June 22 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Wednesday's trading, amid sales by Arab and foreign institutions and investment funds. Meanwhile, purchases prevailed in transactions of local ....

  • International Cooperation min. hails enhancing joint action among parties concerned to reach development goals

    Date: 2022-06-22 13:36:59 GMT - Egypt - Economy - SN:54 - ID:9635890

    CAIRO, June 22 (MENA) – International Cooperation Minister Rania Mashat asserted on Wednesday the importance of enhancing joint action among parties concerned to engage in development efforts. This came in her speech during a session held at the ....

  • Egyptian petroleum min. stresses importance of visit by Saudi CP

    Date: 2022-06-22 13:36:40 GMT - Kingdom of Saudi Arabia - Economy - SN:53 - ID:9635899

    RIYADH, June 22 (MENA) - Egyptian Petroleum Minister Tarek Mulla underlined that the historic visit of Saudi Crown Prince to Egypt came at an important timing in view of the economic and social changes on the international arena. In statements to ....

  • Egypt, Germany ink joint declaration of intent to train Egyptian business executives

    Date: 2022-06-22 12:45:51 GMT - Egypt - Economy - SN:49 - ID:9635763

    CAIRO, June 22 (MENA) – Trade and Industry Minister Nivene Gamea and German Economy and Climate Action Minister Robert Habeck signed on Wednesday a joint declaration of intent concerning extending German-Egyptian cooperation to implement training ....

  • Gamea: Gov't interested in luring further German investments

    Date: 2022-06-22 10:37:03 GMT - Egypt - Economy - SN:31 - ID:9635393

    CAIRO, June 22 (MENA) - Minister of Trade and Industry Nivine Gamea asserted the Egyptian government is paying greater attention to attracting more German investments to Egypt in the sectors of the auto industry, energy, waste management and digital ....

  • Tangible rise in Egypt's exports to int'l blocs in 2021 - IDSC

    Date: 2022-06-22 08:45:33 GMT - Egypt - Economy - SN:19 - ID:9635134

    CAIRO, June 22 (MENA) - The cabinet's Information and Decision Support Center (IDSC) said on Wednesday the value of Egypt's exports to international blocs, of which the country is a member, hit 35 billion dollars in 2021 with a 22 percent increase, ....

  • 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 ....

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