Economy

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  • Category : Economy
  • Talaat: Need to devise balance plan to protect Arab states from AI risks

    Date: 2025-02-02 13:03:56 GMT - Egypt - Economy - SN:27 - ID:11051288

    CAIRO, Feb 2 (MENA) - Minister of Communications and Information technology Amr Talaat on Sunday underlined the importance of drawing up a balanced plan to protect Arab countries from the risks of Artificial Intelligence (AI). His statements came ....

  • UAB holds summit on fraud combating, financial crimes

    Date: 2025-02-02 13:03:00 GMT - Egypt - Economy - SN:25 - ID:11051252

    CAIRO, Feb 2 (MENA) – The Union of Arab Banks (UAB) announced on Sunday holding the First Arab Fraud Combating Summit on February 21-23 in cooperation with the Central Bank of Egypt (CBE), Egyptian Anti-Money Laundering and Terrorist Financing ....

  • ADMARINE260 rig platform successfully crosses Suez Canal

    Date: 2025-02-02 11:34:49 GMT - Egypt - Economy - SN:19 - ID:11051079

    ISMAILIA, Egypt, Feb 2 (MENA) - ADMARINE 260 rig platform has transited the Suez Canal successfully, after being towed and directed by three tugboats belonging to the Suez Canal Authority, during its journey from the Mediterranean Sea to the Red ....

  • 150% increase in number of participants on local manufacturing exhibition: Chair of CEI

    Date: 2025-02-02 11:20:04 GMT - Egypt - Economy - SN:18 - ID:11051087

    CAIRO, Feb 2 (MENA) - Chairman of the Chamber of Engineering Industries (CEI) at the Federation of Egyptian Industries Mohamed al Mohandess asserted that the percent of the exhibitors participating in an exhibition on deepening local manufacturing ....

  • Egypt's food exports hit dlrs 6.1b in 2024

    Date: 2025-02-02 10:29:58 GMT - Egypt - Economy - SN:13 - ID:11050950

    CAIRO, Feb 2 (MENA) - Egypt’s food exports hit a record high in 2024 surpassing $6.1 billion, up by $1.059 billion compared with 2023, Food Export Council (FEC) chairman Mahmoud Bazan reported on Sunday. This is the highest export value in the ....

  • Wazir suggests forming society for investors in each industrial area

    Date: 2025-02-02 08:52:12 GMT - Egypt - Economy - SN:9 - ID:11050882

    CAIRO, Feb 2 (MENA) - Deputy Premier and Industry and Transport Minister Kamel el Wazir underlined on Sunday the importance of forming a society grouping investors of each industrial zone to be in charge of the management, maintenance, cleanliness ....

  • 2nd edition of local manufacturing deepening exhibition kicks off

    Date: 2025-02-01 19:35:57 GMT - Egypt - Economy - SN:55 - ID:11050316

    CAIRO, Feb 1 (MENA) - Undersecretary of the Federation of Egyptian Industries (FEI) Mahmoud Soliman and Chairman of the Chamber of Engineering Industries (CEI) Mohamed El-Mohandes inaugurated on Saturday the 2nd edition of local manufacturing ....

  • Alexandria port authority chief discusses stronger cooperation with Kenyan counterpart

    Date: 2025-02-01 17:51:45 GMT - Egypt - Economy - SN:49 - ID:11050323

    ALEXANDRIA, Egypt, Feb 1 (MENA) - Chairman of the Board of Directors of Alexandria Port Authority Ahmed Abdel Moaty Hawash discussed on Saturday with a high-level delegation from the Kenyan Ports Authority means of activating a memorandum of ....

  • Investment min. highlights key role of SFE to magnify returns of state assets

    Date: 2025-02-01 17:13:13 GMT - Egypt - Economy - SN:44 - ID:11050387

    CAIRO, Feb 1 (MENA) - Investment Minister Hassan Khatib underlined the key role played by the Sovereign Fund of Egypt in maximizing returns of state assets. He made the remarks on Saturday during an inspection tour of a number of state assets ....

  • Petroleum min. stresses importance of maximizing local production to reduce import bill

    Date: 2025-01-31 22:12:18 GMT - Egypt - Economy - SN:33 - ID:11049591

    CAIRO, Jan 31 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi asserted the importance of maximizing local production from oil refineries to help cut the import bill of petroleum products and enhance repayment capacity to pay ....

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