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Economy
- Service : English General
- Category : Economy
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GAFI head: State keen on luring fresh Japanese investments
Date: 2023-05-02 10:19:35 GMT - Egypt - Economy - SN:23 - ID:10137007
CAIRO, May 2 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba on Tuesday asserted the keenness of the state on attracting fresh Japanese investments, in light of their distinguished role in attaining ....
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PM calls for unified vision regarding startups in Egypt
Date: 2023-05-02 09:47:24 GMT - Egypt - Economy - SN:19 - ID:10137085
CAIRO, May 2 (MENA) – Prime Minister Moustafa Madbouli has directed bodies concerned with the development of startup companies in Egypt to outline a unified vision to guarantee zero conflict of powers in handling this file. The government is ....
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IDSC: Fitch maintains upbeat outlook for Egypt's petrochemical sector
Date: 2023-05-02 09:00:21 GMT - Egypt - Economy - SN:16 - ID:10136921
CAIRO, May 2 (MENA) - Egypt’s exports of petrochemicals, chemicals, and fertilizers shot up by a stunning 45 percent during 2021 to reach 6.7 billion dollars, according to Fitch Ratings. These industries are key beneficiaries of the current ....
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Dollar price stable at Egypt's major banks
Date: 2023-05-02 08:38:36 GMT - Egypt - Economy - SN:15 - ID:10136924
CAIRO, May 2 (MENA) - The US dollar exchange rate was stable at the beginning of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buying and EGP 30.85 for ....
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Transport minister chairs 80th general assembly of Arab Bridge Maritime
Date: 2023-05-01 21:09:18 GMT - Egypt - Economy - SN:83 - ID:10136564
CAIRO, May 1 (MENA) – Transport Minister Kamel el Wazir chaired a meeting of the 80th general assembly of the Arab Bridge Maritime Company Wednesday. The general assembly discussed the outcome of Arab Bridge Maritime activities and its 2022 ....
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Molla: We expand spot contracts to export LNG
Date: 2023-05-01 16:44:53 GMT - Egypt - Economy - SN:63 - ID:10136150
CAIRO, May 1 (MENA) - Minister of Petroleum and Mineral Resources Tarek el Molla said the exportation of LNG on a spot basis is helping Egypt further capitalize on global gas price hikes. Molla said in statements Monday during talks with Spanish ....
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GPX Global Systems Inc. announces major expansion of its Cairo data center
Date: 2023-05-01 15:24:47 GMT - Egypt - Economy - SN:56 - ID:10136136
CAIRO, May 1 (MENA) - Minister of Communications and Information Technology Amr Talaat said the data center industry is key to developing "Digital Egypt" action plan. Speaking at a press conference of GPX Global Systems Inc. Monday, Talaat said ....
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Environment min.: We are keen on offering support to AAI
Date: 2023-05-01 14:30:14 GMT - Egypt - Economy - SN:48 - ID:10136031
CAIRO, May 1 (MENA) - Environment Minister Yasmine Fouad said that Egypt is keen on offering all forms of support to the Africa Adaptation Initiative (AAI) and cooperating to take institutional steps to develop an action plan on that score in the ....
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IDA, UNIDO probe cooperation in backing transition to green industrial zones
Date: 2023-05-01 14:16:26 GMT - Egypt - Economy - SN:47 - ID:10135859
CAIRO, May 1 (MENA) - The Industrial Development Authority and United Nations Industrial Development Organization (UNIDO) regional office in Egypt discussed Monday cooperation in supporting industrial investment and developing policies backing ....
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EGX indices down at close of transactions
Date: 2023-05-01 12:46:19 GMT - Egypt - Economy - SN:42 - ID:10135989
CAIRO, May 1 (MENA) - Egyptian Exchange (EGX) indexes went down collectively at the close of transactions on Monday. The market capital reached EGP 2 billion after losing EGP 20 billion amid transactions recording about EGP 2.7 billion. The EGX 30 ....
