Economy

  • Service : English General
  • Category : Economy
  • PM: Govt continues efforts to accelerate release of goods at ports

    Date: 2024-04-01 12:29:32 GMT - Egypt - Economy - SN:30 - ID:10646283

    CAIRO, April 1 (MENA) - Prime Minister Mostafa Madbouli said the government continues the efforts aimed at accelerating the release of goods stuck at different ports to increase the market's supply of basic commodities and essential production ....

  • Oil sector fully prepared to cooperate with Ecuador in oil exploration, production: min.

    Date: 2024-04-01 12:12:00 GMT - Egypt - Economy - SN:28 - ID:10646294

    CAIRO, April 1 (MENA) - Minister of Petroleum and Mineral Resources Tarek El Molla said Monday Egypt would cooperate with Ecuador, especially in oil and gas fields. During a meeting with Ecuador ambassador in Cairo Denis Toscano Amores, Molla ....

  • Dollar exchange rate stable at beginning of Monday's transactions

    Date: 2024-04-01 08:37:19 GMT - Egypt - Economy - SN:10 - ID:10645883

    CAIRO, April 1 (MENA) - The dollar exchange rate was stable at the start of Monday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 47.20 for buying and EGP 47.30 for ....

  • Gov't exchange companies: EGP 8,425 bn revenues of foreign currencies since exchange rate was liberalized

    Date: 2024-04-01 08:34:02 GMT - Egypt - Economy - SN:9 - ID:10645869

    CAIRO, April 1 (MENA) - The presidents of foreign exchange companies in three national banks, "Al Ahli Exchange" affiliated with the National Bank of Egypt, "Egypt Exchange" affiliated with Banque Misr, and "Cairo Exchange" affiliated with Banque du ....

  • EMC achieves EGP 8.8 billion revenues in 2023 - Ministry

    Date: 2024-03-31 16:52:57 GMT - Egypt - Economy - SN:52 - ID:10645428

    CAIRO, March 31 (MENA) - The Egyptian Maintenance Company (EMC) achieved revenues amounting to EGP 8.8 billion in 2023, an increase of 26% compared to 2022, with the volume of contracts reaching 11 billion, an increase of 15% compared to 2022, a ....

  • CEC, Egyptian association for industry sign MoU

    Date: 2024-03-31 12:54:09 GMT - Egypt - Economy - SN:33 - ID:10645147

    CAIRO, March 31 (MENA) - The Chemicals and Fertilizers Export Council (CEC) signed a memorandum of understanding (MoU) with the Egyptian association for industry and development in order to promote bilateral cooperation. The MoU primarily aims to ....

  • Social solidarity min. follows up on EGP 4.5bn worth e-platform for economic empowerment

    Date: 2024-03-31 11:54:49 GMT - Egypt - Economy - SN:27 - ID:10645003

    CAIRO, March 31 (MENA) - Minister of Social Solidarity Nevine el Kabbaj on Sunday checked on the unified e-platform for economic empowerment which is set to be launched to automate all small and micro-sized projects carried out under the umbrella of ....

  • Maait: Cabinet approves proceeding with initiative for financing facilitations in various productive sectors

    Date: 2024-03-31 10:52:20 GMT - Egypt - Economy - SN:18 - ID:10644869

    CAIRO, March 31 (MENA) - Finance Minister Mohamed Maait said the cabinet under Prime Minister Moustafa Madbouli approved to proceed with an initiative for supporting financing facilitations for incentivizing various productive sectors. This is ....

  • Dollar exchange rate stable at beginning of Sunday's transactions

    Date: 2024-03-31 08:41:56 GMT - Egypt - Economy - SN:12 - ID:10644726

    CAIRO, March 31 (MENA) - The dollar exchange rate was stable at the start of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 47.23 for buying and EGP 47.45 for ....

  • Egypt's agricultural exports hit $1.5 bln in 2024's Q1

    Date: 2024-03-30 15:54:37 GMT - Egypt - Economy - SN:50 - ID:10644314

    CAIRO, March 30 (MENA) - Egypt’s agricultural exports exceeded 2.2 million tons, valued at approximately $1.5 billion since January 2024, the Ministry of Agriculture and Land Reclamation announced Saturday. The figure marks an increase of $300 ....

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