Economy

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  • Category : Economy
  • Elsewedy Electric signs MoU with UAE's Gulf Data Hub for largest African data hub in Egypt

    Date: 2023-02-14 22:46:40 GMT - United Arab Emirates - Economy - SN:99 - ID:10020185

    ABU DHABI, Feb 14 (MENA) - Egypt's Elsewedy Electric Co. and the Gulf Data Hub Company in Dubai signed a memorandum of understanding (MoU) to promote mutual cooperation in information technology and digital infrastructure. Signed on the margins ....

  • New A320n aircraft to join EgyptAir fleet by end of month

    Date: 2023-02-14 21:13:12 GMT - Egypt - Economy - SN:92 - ID:10020141

    CAIRO, Feb 14 (MENA) - A new A320n aircraft will join EgyptAir fleet by the end of February. In press statements Tuesday, Minister of Civil Aviation Mohamed Abbas said the new aircraft’s joining of the fleet is part of the national flag ....

  • Aviation min.: improving quality of services offered to passengers is top priority

    Date: 2023-02-14 21:04:05 GMT - Egypt - Economy - SN:90 - ID:10020067

    CAIRO, Feb 14 (MENA) - Minister of Civil Aviation Mohamed Abbas asserted that improving the quality of services offered to passengers and reducing carbon dioxide emissions by relying more on new and renewable energy are issues of top priority. ....

  • Egypt's interest in energy security issue was a far-sighted decision: IGU chief

    Date: 2023-02-14 20:09:58 GMT - Egypt - Economy - SN:87 - ID:10019892

    CAIRO, Feb 14 (MENA) - Secretary-General of the International Gas Union (IGU) Milton Catelin described the Egyptian government's interest in the energy security issue as a far-sighted decision. Speaking to MENA on Tuesday, Catelin said some ....

  • Petroleum ministry: 6 global companies keen to increase investments in Egypt

    Date: 2023-02-14 20:00:50 GMT - Egypt - Economy - SN:86 - ID:10019953

    CAIRO, Feb 14 (MENA) – Six global corporations have voiced their desire to expand their businesses in the sectors of petroleum and natural gas in Egypt. Officials of the corporations had a series of meetings with Petroleum and Mineral Resources ....

  • Planning min. highlights during WGS State's strenuous efforts toward digital transformation

    Date: 2023-02-14 19:46:11 GMT - Egypt - Economy - SN:83 - ID:10019895

    CAIRO, Feb 14 (MENA) - Minister of Planning and Economic development Hala El Said highlighted Tuesday the State's serious efforts toward realizing digital transformation as moving toward digitalization and increasing investments in the information ....

  • Bourse gains EGP 14 bln, all indexes up

    Date: 2023-02-14 17:01:20 GMT - Egypt - Economy - SN:73 - ID:10019891

    CAIRO, Feb 14 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Tuesday's trading session, backed by strong purchases by local institutions and investment funds, against sales by Arab and foreign institutions. The ....

  • Petroleum Ministry signs 5 agreements for oil, gas exploration with investments worth $40 mln

    Date: 2023-02-14 16:07:23 GMT - Egypt - Economy - SN:71 - ID:10019704

    CAIRO, Feb 14 (MENA) – Minister of Petroleum and Mineral Resources Tareq el Molla signed on Tuesday five agreements with national and international companies to search for and produce oil and gas in four regions in the Western Desert and the ....

  • Egypt signs 9 oil agreements with global companies at EGYPS 2023

    Date: 2023-02-14 15:54:22 GMT - Egypt - Economy - SN:69 - ID:10019698

    CAIRO, Feb 14 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla on Tuesday witnessed the signing of nine memorandums of understanding (MoUs) and cooperation agreements with a number of global companies. The agreements were ....

  • Dollar prices stable at end of Tuesday's transactions in Egypt's major banks

    Date: 2023-02-14 14:02:06 GMT - Egypt - Economy - SN:60 - ID:10019535

    CAIRO, Feb 14 (MENA) - The dollar exchange rate was stable at the end of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.42 for buying and EGP 30.52 for ....

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