Economy

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  • Category : Economy
  • Egypt-Poland trade exchange volume reached dlrs 720mln in 2021

    Date: 2022-05-30 19:24:13 GMT - Egypt - Economy - SN:90 - ID:9596837

    CAIRO, May 30 (MENA) - The volume of trade exchange between Egypt and Poland reached about dlrs 720 million in 2021, with an increase of 20% if compared to year 2020, said Trade and Industry Minister Nevine Gamea. Egypt's exports to Poland ....

  • Egypt, Saudi Arabia sign MoU for installing 1st direct submarine cable

    Date: 2022-05-30 18:59:35 GMT - Egypt - Economy - SN:87 - ID:9596817

    CAIRO, May 30 (MENA) - Telecom Egypt, Egypt's primary telephone company, announced Monday the signing of a strategic memorandum of understanding (MoU) with Saudi Arabia's Etihad Etisalat Company (Mobily) to build the first direct bilateral submarine ....

  • Egyptian products one of highly valued most trusted brands in Jordan -- ACC chief

    Date: 2022-05-30 18:55:51 GMT - Egypt - Economy - SN:86 - ID:9596675

    CAIRO, May 30 (MENA) - Egyptian products are one of the highly valued and most trusted brands in Jordan, Chairman of Amman Chamber of Commerce (ACC) Khalil El Haj Tawfiq said Monday. Tawfiq made the remarks during a forum of the Egyptian trade ....

  • PM, CBE governor discuss securing funds for procuring strategic commodities

    Date: 2022-05-30 18:52:41 GMT - Egypt - Economy - SN:85 - ID:9596818

    CAIRO, May 30 (MENA) - Prime Minister Mostafa Madbouli and Governor of the Central Bank of Egypt (CBE) Tarek Amer reviewed Monday how to secure the funds needed for procuring strategic commodities amid the global challenges triggered by the ....

  • AFD launches its new cooperation strategy with Egypt at 1.25 bln euros - 2 last Cairo

    Date: 2022-05-30 18:18:24 GMT - Egypt - Economy - SN:81 - ID:9596786

    Minister of International Cooperation Rania el Mashat said that the new strategy aims to achieve three main priority areas; boosting the integration of the Egyptian financial, commercial, and production systems regionally, supporting social ....

  • Next FY plan calls for activating development of agricultural sector - minister

    Date: 2022-05-30 17:28:59 GMT - Egypt - Economy - SN:79 - ID:9596678

    CAIRO, May 30 (MENA) - Minister of Planning and Economic Development Hala el Saeed said the plan of Fiscal Year 2022/2023 calls for going ahead with the activation of the developmental performance of the agricultural sector to meet food needs of ....

  • 8 mega refining projects reduced oil imports by 30% - Petroleum min.

    Date: 2022-05-30 17:14:28 GMT - Egypt - Economy - SN:78 - ID:9596502

    CAIRO, May 30 (MENA) - Petroleum and Mineral Resources Minister Tarek Al Molla said on Monday that eight mega oil refining projects at investments worth EGP 87 billion led to reducing imports by 30%. These projects produce 6.6 million tons of ....

  • AFD launches its new cooperation strategy with Egypt at 1.25 bln euros

    Date: 2022-05-30 16:40:03 GMT - Egypt - Economy - SN:71 - ID:9596663

    CAIRO, May 30 (MENA) - The French Development Agency (AFD) launched on Monday its new cooperation strategy with Egypt at 1.25 billion euros till 2025. The launch process came in a ceremony attended by Minister of Supply and Internal Trade Ali el ....

  • Mashat: Digital transformation necessary to reinforce food security

    Date: 2022-05-30 16:28:25 GMT - Egypt - Economy - SN:74 - ID:9596401

    CAIRO, May 30 (MENA) - Minister of International Cooperation Rania el Mashat has voiced her ministry's commitment to encouraging innovation and technology in all areas of development. During her virtual speech at the opening of the AgriTech Meet ....

  • NBE, Banque Misr stop issuance of 18% saving certificates

    Date: 2022-05-30 16:19:26 GMT - Egypt - Economy - SN:72 - ID:9596726

    CAIRO, May 30 (MENA) - The National Bank of Egypt (NBE) decided on Monday to halt the issuance of its one-year certificates of deposit with an 18% interest after achieving EGP 750 billion in sales for both NBE and Banque Misr, NBE's deputy chairman ....

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