Economy

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  • Category : Economy
  • Trade minister lauds "strategic" ties with Italy

    Date: 2024-04-22 20:32:05 GMT - Egypt - Economy - SN:67 - ID:10673347

    CAIRO, April 22 (MENA) – Trade and Industry Minister Ahmed Samir has hailed as “strategic” relations between Cairo and Rome. Italy is Egypt’s biggest trade partner in the European Union, Samir said during a meeting with visiting Italian Minister ....

  • e-Finance inks coop. deal with 'Balad' to introduce payment solutions for Egyptian expats

    Date: 2024-04-22 18:54:57 GMT - Egypt - Economy - SN:57 - ID:10673180

    CAIRO, April 22 (MENA) - eKhales, a digital payment subsidiary of e-Finance Investment Group (EFIG), has partnered with Balad, a leading B2B fintech specializing in cross-border remittance payout infrastructure in Egypt, to unveil innovative bill ....

  • PM discusses efforts to boost fertilizer industry

    Date: 2024-04-22 17:45:53 GMT - Egypt - Economy - SN:50 - ID:10673207

    CAIRO, April 22 (MENA) - Prime Minister Moustafa Madbouli highlighted the State's assiduous efforts to support the various industrial sectors. Such efforts contribute to strengthening many domestic industries and boosting local production, a ....

  • Dollar declines against EGP by end of trading

    Date: 2024-04-22 17:30:17 GMT - Egypt - Economy - SN:49 - ID:10673146

    CAIRO, April 22 (MENA) - The exchange rates of foreign and Arab currencies declined against the Egyptian pound at the end of trading on Monday at Egyptian banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP ....

  • World Gold Council to expand coop. with Egypt

    Date: 2024-04-22 17:02:02 GMT - Egypt - Economy - SN:46 - ID:10673087

    CAIRO, April 22 (MENA) - Head of the Middle East and Public Policy Department at the World Gold Council Andrew Naylor said Monday the coming period would witness the expansion of cooperation with Egypt, to integrate the Egyptian gold market into the ....

  • EASA renews EgyptAir accreditation for maintenance for 19th year in row

    Date: 2024-04-22 15:32:52 GMT - Egypt - Economy - SN:39 - ID:10672897

    CAIRO, April 22 (MENA) - EgyptAir Maintenance and Engineering is renewed for 19th year in a row by the European Aviation Safety Agency (EASA) inspection of the company’s sites at Cairo Airport for the nineteenth year in a row. This move comes ....

  • Bourse indexes down at close of Monday's trading session

    Date: 2024-04-22 14:21:01 GMT - Egypt - Economy - SN:34 - ID:10672851

    CAIRO, April 22 (MENA) - Egyptian Exchange (EGX) indexes declined at the close of Monday's trading session over restructuring portfolios and switching financial positions between stocks in different market sectors. The market capital reached EGP ....

  • GAFI seeks fresh Chinses investments in New Alamein

    Date: 2024-04-22 13:50:51 GMT - Egypt - Economy - SN:30 - ID:10672525

    CAIRO, April 22 (MENA) - General Authority for Investment and Free Zones (GAFI) Executive Director Hossam Heiba Monday said the Egyptian government has been expanding the establishment of free zones, in parallel with plans to lure new investments, ....

  • Egypt, UAE discuss cooperation on trading in oil products

    Date: 2024-04-22 13:16:05 GMT - Egypt - Economy - SN:27 - ID:10672711

    CAIRO, April 22 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla has discussed in a meeting with Director of the Amiri Diwan in the UAE's Fujairah Mohammed Saeed Al-Dhanhani, prospects of cooperation in the trade and storage of ....

  • SCZONE signs contract to establish Chinese iron factory worth $297 mln

    Date: 2024-04-22 12:57:44 GMT - Egypt - Economy - SN:26 - ID:10672583

    CAIRO, April 22 (MENA) - The Suez Canal Economic Zone (SCZONE) on Monday signed an usufruct contract to allocate a land plot of 750,000 square meters for a project of Chinese company Wuan Xinfeng in the Ain Sokhna industrial zone. The project, ....

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