Economy

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  • Category : Economy
  • Agricultural min. mulls bolstering joint cooperation with Mauritania

    Date: 2023-06-04 19:11:42 GMT - Egypt - Economy - SN:67 - ID:10193174

    CAIRO, June 4 (MENA) - Minister of Agriculture and Land Reclamation El Sayed el Qusier and his Mauritanian counterpart Yahya Ould Ahmed El-Waqf reviewed Sunday ways to enhance joint cooperation in various agricultural domains. Hailing the ....

  • EGP 100.7 bln allocated for investments in processing industries during FY2023-2024: Planning min.

    Date: 2023-06-04 18:15:31 GMT - Egypt - Economy - SN:63 - ID:10193130

    CAIRO, June 4 (MENA) - Planning and Economic Development Minister Hala El Saeed said around EGP 100.7 billion had been allocated for investments in petroleum and non-petroleum processing industries this year, about 20 per cent higher than the ....

  • Cairo, Riyadh sign 2 MoUs for promoting non-oil exports, auto industry

    Date: 2023-06-04 17:27:29 GMT - Egypt - Economy - SN:61 - ID:10193183

    CAIRO, June 4 (MENA) - Egypt and Saudi Arabia have signed two memorandums of understanding on enhancing cooperation for promoting non-oil exports and developing the automotive industry. The MoUs were signed Sunday during a meeting between ....

  • Planning min.: EGP 81.4 bn investments in power sector in FY 2023/2024

    Date: 2023-06-04 14:27:11 GMT - Egypt - Economy - SN:51 - ID:10192898

    CAIRO, June 4 (MENA) - The investment plan in the sectors of electricity and energy is estimated at EGP 81.4 billion for the fiscal year 2023/2024, with EGP 69.4 billion general investments representing 85 percent of the total power investments, ....

  • Planning min.: EGP 116.6 bn targeted agricultural investments in FY 2023/2024

    Date: 2023-06-04 13:21:50 GMT - Egypt - Economy - SN:47 - ID:10192858

    CAIRO, June 4 (MENA) - The economic and social development plan for the fiscal year 2023/2024 targets investments of EGP 116.6 billion in agriculture alongside boosting self-sufficiency in wheat and corn to 50 percent and to 70 percent in red meat, ....

  • Bourse shows mixed performance at end of Sunday's trading session

    Date: 2023-06-04 12:36:06 GMT - Egypt - Economy - SN:45 - ID:10192850

    CAIRO, June 4 (MENA) - Egyptian Exchange (EGX) indexes showed mixed performance at the end of Sunday's trading session, amid restructuring operations of investors' portfolios. The market capital reached nearly EGP 1.135 trillion, after ....

  • PM, SCZONE head discuss progress in executing strategic, investment projects

    Date: 2023-06-04 12:20:15 GMT - Egypt - Economy - SN:43 - ID:10192690

    CAIRO, June 4 (MENA) - Prime Minister Mostafa Madbouli on Sunday held a meeting with Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal el Din to review the progress made in executing strategic and investment ....

  • Planning minister to Senate: We target growth rate of 4.1% in 2023/2024

    Date: 2023-06-04 12:19:09 GMT - Egypt - Economy - SN:42 - ID:10192708

    CAIRO, June 4 (MENA) - Minister of Planning and Economic Development Hala El Said said that the economic development plan for 2023/2024 estimated the economic growth rate of about 4.1 percent compared with 4.2 percent of the previous year, noting ....

  • CAPMAS: Trade exchange between Egypt, Mauritania up by 11.3% in 2022

    Date: 2023-06-04 11:45:37 GMT - Egypt - Economy - SN:40 - ID:10192656

    CAIRO, June 4 (MENA) - The volume of trade exchange between Egypt and Mauritania hit USD 42.9 in 2022, compared to USD 38.5 million in 2021, marking an increase of 11.3 percent, according to data from the Central Agency for Public Mobilization and ....

  • Maait: Egypt's strong political will is to achieve citizens' dream of UHIA's coverage

    Date: 2023-06-04 11:10:52 GMT - Egypt - Economy - SN:39 - ID:10192598

    CAIRO, June 4 (MENA) - Finance Minister Mohamed Maait, head of the Universal Healthcare Insurance Authority (UHIA), asserted that Egypt is moving ahead with a strong political will towards achieving the Egyptians' dream of a comprehensive healthcare ....

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