Economy

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  • Category : Economy
  • Finance min: EGP 20.8 billion initial surplus in Egypt's FY 2018-19 budget

    Date: 2019-01-21 14:39:32 GMT - Egypt - Economy - SN:62 - ID:7767719

    CAIRO, Jan 21 (MENA) – Egypt's budget has achieved an initial surplus of EGP 20.8 billion during the first half of the 2018/2019 fiscal year, Finance Minister Mohammed Maait said on Monday. The minister described this as good results, saying in a ....

  • Egyptian bourse gains EGP 2.2bln

    Date: 2019-01-21 14:11:33 GMT - Egypt - Economy - SN:60 - ID:7767728

    CAIRO, Jan 21 (MENA) - The performance of the Egyptian Exchange (EGX) indexes varied on Monday amid selling and purchasing operations by Arab, Egyptian and foreign investors. The market capital gained EGP 2.2 billion to reach EGP 766.8 ....

  • Cabinet denies decline in Egypt's exports of citrus fruit

    Date: 2019-01-21 12:39:31 GMT - Egypt - Economy - SN:52 - ID:7767616

    CAIRO, Jan 21 (MENA) - The Cabinet's media center on Monday denied reports on a drop in Egypt's agricultural exports of citrus fruit. The center said in a press release that it contacted the Agriculture Ministry, which described these reports as ....

  • Assar says Egypt's partnership with Germany is important

    Date: 2019-01-21 12:18:25 GMT - Egypt - Economy - SN:48 - ID:7767512

    CAIRO, Jan 21 (MENA) - Egyptian Minister of State for Military Production Mohamed Saeed el Assar underlined on Monday the importance of strategic partnership between Egypt and Germany in the various domains. He lauded Berlin's support of Cairo's ....

  • Cabinet spokesman says Egypt reform program wins int'l acclaim -- 2 last Cairo

    Date: 2019-01-21 11:37:45 GMT - Egypt - Economy - SN:41 - ID:7767342

    Prime Minister Moustafa Madbouli is leading an Egyptian delegation to the World Economic Forum in Davos, which, according to Saad, reflects how important the gathering is to Egypt. Davos is a good chance for Egypt to review its economic, ....

  • Cabinet spokesman says Egypt reform program wins int'l acclaim

    Date: 2019-01-21 11:35:39 GMT - Egypt - Economy - SN:39 - ID:7767340

    CAIRO, Jan 21 (MENA) - Egypt's successful economic reform program has won international acclaim with major credit rating institutions, the World Bank and International Monetary Fun praising the right course of the government, said Cabinet spokesman ....

  • Investment Ministry to support private sector more within coming period - min.

    Date: 2019-01-21 10:31:35 GMT - Egypt - Economy - SN:32 - ID:7767166

    CAIRO, Jan 21 (MENA) - Investment Minister Sahar Nasr said on Monday the ministry will provide more support to the private sector within the coming period to pump more investments. The ministry's support will come either in the form of finding ....

  • PM issues decision on formation of MSMEDA board

    Date: 2019-01-21 10:22:20 GMT - Egypt - Economy - SN:30 - ID:7767099

    CAIRO, Jan 21 (MENA) - Prime Minister Mostafa Madbouli on Monday issued a decision on the formation of the Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) board for a four-year term under his chairmanship. MSMEDA membership ....

  • 1st clothing franchise fair to be held in Cairo in March

    Date: 2019-01-21 09:21:25 GMT - Egypt - Economy - SN:25 - ID:7767048

    CAIRO, Jan 21 (MENA) - An exhibition of clothing franchise will be held for the first time in Egypt on March 1-3. The event will be held on the fringe of the Cairo Fashion & Tex exhibition, said Mohamed Abdel Salam, the head of the ready-to-wear ....

  • Oil min: Investments in oil refinery, petrochemicals complex in New Alamein hit dlrs 8.5 bn

    Date: 2019-01-21 07:46:10 GMT - Egypt - Economy - SN:15 - ID:7766884

    CAIRO, Jan 21 (MENA) - Minister of Petroleum and Mineral Wealth Tarek el Mulla asserted that the project of establishing a refinery and petrochemicals complex in the New Alamein district is currently under study as the initial estimates of its ....

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