ar
en
fr
Economy
- Service : English General
- Category : Economy
-
Budget deficit hits EGP 410.8 bln in 10 months- ministry
Date: 2022-05-29 16:23:21 GMT - Egypt - Economy - SN:63 - ID:9594744
CAIRO, May 29 (MENA) – Egypt’s budget deficit hit EGP 410.8 billion, around 5.17 percent of GDP, in July 2021- April 2022, compared to EGP 379.7 billion, 5.48 percent of GDP, in the same period last year, Finance Ministry said Sunday. The ....
-
Egypt's Tarek Amer to chair AfDB's Board of Governors
Date: 2022-05-29 16:19:03 GMT - Egypt - Economy - SN:62 - ID:9594791
CAIRO, May 29 (MENA) - Governor of the Central Bank of Egypt (CBE) Tarek Amer has been appointed as Chairperson of the Board of Governors of the African Development Bank (AfDB) Group, the AfDB said in a press statement Sunday. The seat was handed ....
-
3 phases of industrial partnership for sustainable economic growth with UAE, Jordan: Gamea
Date: 2022-05-29 15:56:05 GMT - United Arab Emirates - Economy - SN:60 - ID:9594627
ABU DHABI, May 29 (MENA) - Minister of Trade and Industry Nevin Gamea has emphasized that the industrial partnership for sustainable economic growth between the UAE, Egypt and Jordan includes several projects that have been classified into three ....
-
Investors laud industrial initiative among Egypt, UAE, Jordan
Date: 2022-05-29 15:41:07 GMT - Egypt - Economy - SN:59 - ID:9594623
CAIRO, May 29 (MENA) - Egyptian industrial investors have praised an "Industrial Partnership for Sustainable Economic Growth" initiative signed by Egypt, the UAE and Jordan on Sunday, asserting that it could contribute to boosting the industry ....
-
PM says Egypt targets doubling exports to $100 bn in next 3 years
Date: 2022-05-29 14:20:27 GMT - United Arab Emirates - Economy - SN:55 - ID:9594529
ABU DHABI, May 29 (MENA) - Egyptian Prime Minister Mostafa Madbouli said Egypt has a strategic reserve of basic commodities that is enough for six months, revealing a plan for doubling the country's exports to reach USD 100 billion in the next three ....
-
Sisi signs bill granting Damietta Alliance concession to develop, operate new terminal
Date: 2022-05-29 13:55:05 GMT - Egypt - Economy - SN:53 - ID:9594549
CAIRO, May 29 (MENA) – President Abdel Fattah El Sisi Sunday signed a bill assigning the Damietta Alliance Container Terminal to develop and operate the Port of Damietta’s upcoming Terminal 2 facility. The Joint Venture “Damietta Alliance ....
-
Germany's amb. in Cairo thanks Sisi for confidence in German technology
Date: 2022-05-29 13:42:05 GMT - Egypt - Economy - SN:52 - ID:9594434
CAIRO, May 29 (MENA) - German Ambassador in Cairo Frank Hartmann thanked President Abdel Fattah El Sisi for the great confidence in the German technology, greeting the Egyptian government and the consortium led by Siemens Mobility on signing a ....
-
EGX indexes down at end of Sunday trading
Date: 2022-05-29 13:32:34 GMT - Egypt - Economy - SN:51 - ID:9594491
CAIRO, May 29 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading prompted by limited transactions despite positive news about new Gulf investments in Egypt. The EGX 30 benchmark index decreased by 1.12 ....
-
Egypt eyeing increased UAE investments to $35bn -- Minister
Date: 2022-05-29 13:16:13 GMT - United Arab Emirates - Economy - SN:49 - ID:9594336
ABU DHABI, May 29 (MENA) – Trade and Industry Minister Nevine Gamae has put the volume of UAE investments in Egypt at about 20 billion dollars. Gamae, in an interview with Al Arabiya News Sunday, spoke of plans to boost those investments to some ....
-
Egyptalum to be floated for Arab funds -- Minister
Date: 2022-05-29 12:48:25 GMT - United Arab Emirates - Economy - SN:46 - ID:9594271
ABU DHABI, May 29 (MENA) – Egyptian Minister of the Public Business Sector Hisham Tawfiq said Sunday that Egyptalum will be put up for grabs by Arab funds. A land lot in Luxor will be upgraded to include hotels and conference halls, Tawfiq said ....
