Economy

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  • Category : Economy
  • PM reviews several proposals to lure more investments

    Date: 2022-05-16 10:53:44 GMT - Egypt - Economy - SN:36 - ID:9571485

    CAIRO, May 16 (MENA) - Prime Minister Moustafa Madbouli asserted the importance of going ahead with promoting ongoing efforts to attract more investments to the Suez Canal Economic Zone (SCZone) as per constant directives of President Abdel Fattah ....

  • Finance Ministry acting to remove goods stored at Egyptian harbors

    Date: 2022-05-16 10:23:33 GMT - Egypt - Economy - SN:30 - ID:9571335

    CAIRO, May 16 (MENA) - Following directives by President Abdel Fattah El Sisi, the Finance Ministry is acting to remove goods piling up at all Egyptian ports so that harbors would only serve as crossing gates. Egyptian ports should never be ....

  • Pharmaceutical, medical exports hit dlrs 209 m in three months

    Date: 2022-05-16 09:24:27 GMT - Egypt - Economy - SN:24 - ID:9571196

    CAIRO, May 16 (MENA) - Egypt's medical and pharmaceutical exports have upped by 19.4 percent in the first three months of 2022, registering 209 million against 175 million in the same period last year. The Export Council of Medical Industries ....

  • Leather exports up 27.2% in first three months of 2022

    Date: 2022-05-16 08:07:22 GMT - Egypt - Economy - SN:16 - ID:9571111

    CAIRO, May 16 (MENA) - Egypt's exports of leather and leather products increased by 27.2 percent during the first three months of 2022, registering $ 26.917 million, compared to $21 million for the same period last year. The sector's exports ....

  • Planning min., US green delegation tackle Egypt's host of COP27

    Date: 2022-05-15 20:42:07 GMT - Egypt - Economy - SN:98 - ID:9570813

    CAIRO, May 15 (MENA) - Planning Minister Hala El Said discussed on Sunday with a delegation of US institutions working in the field of green energy investment (Green Tech) preparations for Egypt's hosting of the 2022 United Nations Climate Change ....

  • Finance minister reviews Egypt's experience in providing social protection in times of crisis

    Date: 2022-05-15 20:20:21 GMT - Senegal - Economy - SN:95 - ID:9570692

    DAKAR, May 15 (MENA) - Finance Minister Mohamed Maait on Sunday reviewed Egypt's experience in providing social protection for its citizens, especially in times of crisis, including in face of the repercussions of the Covid-19 pandemic over the past ....

  • Coordination underway to make land lots available for industrial investors- minister

    Date: 2022-05-15 19:45:41 GMT - Egypt - Economy - SN:90 - ID:9570541

    CAIRO, May 15 (MENA) – Trade and Industry Minister Nevine Gamea said Sunday that there is full coordination among all the state’s agencies concerned to provide land lots at affordable prices for industrial investors. Gamea’s remarks came during ....

  • Transport min. inspects 3rd phase of western Upper Egypt road

    Date: 2022-05-15 17:31:05 GMT - Egypt - Economy - SN:75 - ID:9570476

    CAIRO, May 15 (MENA) - Transport Minister Kamel el Wazir inspected Sunday the execution status of the third phase of the western Upper Egypt road at a length of 125 km. The minister issued directives to continue work around the clock to finalize ....

  • Molla announces operation of 2nd phase MIDOR expansion project

    Date: 2022-05-15 16:50:10 GMT - Egypt - Economy - SN:69 - ID:9570436

    CAIRO, May 15 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla announced on Sunday the early pilot operation of the second phase of the expansion project of the Middle East Oil Refinery (MIDOR) as part of his ministry's ambitious ....

  • Deputy finance min.: We target cutting budget deficit to 6.1% in 2023

    Date: 2022-05-15 16:43:00 GMT - Egypt - Economy - SN:68 - ID:9570416

    CAIRO, May 15 (MENA) - Deputy Finance Minister for Financial Policies Ahmed Kouchouk said the Finance Ministry targets decreasing the net budget deficit to 6.1 percent of GDP in 2023. Speaking at a conference on the repercussions of the world ....

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