Economy

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  • Category : Economy
  • EETC, IFC to set up 700 megawatt solar plant west of Nile

    Date: 2019-04-18 14:02:54 GMT - Egypt - Economy - SN:51 - ID:7904229

    CAIRO, April 18 (MENA) - The Egyptian Electricity Transmission Company (EETC) and the International Finance Corporation (IFC) signed on Thursday an agreement to set up a 600 megawatt solar power station in west of the Nile under the Auction ....

  • Oil min. witnesses signing of gas project at New Administrative Capital

    Date: 2019-04-18 13:57:13 GMT - Egypt - Economy - SN:49 - ID:7904128

    CAIRO, April 8 (MENA) – Minister of Petroleum and Mineral Resources Tareq el Molla on Thursday witnessed the signing of a cooperation protocol to establish a network of natural gas in the government district at the New Administrative Capital (NAC), ....

  • Establishment of sovereign fund aims at making use of untapped resources: official

    Date: 2019-04-18 13:50:11 GMT - Egypt - Economy - SN:48 - ID:7904142

    CAIRO, April 18 (MENA) - Head of the macroeconomics unit at the Ministry of Planning Nada Masood has said the prime target of establishing Egypt's sovereign fund was to utilize the country's untapped resources and contribute to increasing the ....

  • Global (2): LG SIGNATURE Presents Exquisite Art Installation At Milan Design Week 2019

    Date: 2019-04-18 13:09:09 GMT - south korea - Economy - SN:42 - ID:7904188

    Dear subscribers, following is a global bulletin published for PR ‎Newswire. ---------------------------------------------------------------------------------------------------------------- LG SIGNATURE Presents Exquisite Art Installation At ....

  • EgyptAir receives second B787-9 Dreamliner

    Date: 2019-04-18 12:54:11 GMT - Egypt - Economy - SN:41 - ID:7903761

    CAIRO, April 18 (MENA) - The second EgyptAir’s B787-9 Dreamliner arrived at Cairo International Airport early Thursday to join EgyptAir fleet. Chairman and CEO of EgyptAir Holding Ahmed Adel expressed happiness over the arrival of the new ....

  • Red Sea Ports Authority to work with Voith Group to maintain tugboats

    Date: 2019-04-18 12:49:46 GMT - Egypt - Economy - SN:40 - ID:7903518

    HURGHADA, Egypt, April 18 (MENA) - Chairman of the Red Sea Ports Authority Ayman Saleh met Thursday with a delegation of The Voith Group, a multinational corporation in the mechanical engineering sector based in Germany, to discuss cooperation in ....

  • WB okays project worth USD 200 mln to support SMEs in Egypt

    Date: 2019-04-18 12:33:28 GMT - Egypt - Economy - SN:39 - ID:7903735

    CAIRO, April 18 (MENA) - The World Bank gave its final approval to a new project worth USD 200 million for supporting reforms aimed at securing further jobs for young people and women in Egypt. The project is meant to increase the volume of ....

  • FRA launches initiative on expert center for sustainable funding in ME, North Africa

    Date: 2019-04-18 12:26:00 GMT - Egypt - Economy - SN:38 - ID:7903601

    CAIRO, April 18 (MENA) - Chairman of the Financial Regulatory Authority (FRA) Mohamed Omran has launched an initiative to establish a high-level expert center for sustainable funding in the Middle East and North Africa. The center is meant to ....

  • Egypt's rating upgrade testifies to success of Egyptian reforms - min.

    Date: 2019-04-18 12:18:49 GMT - Egypt - Economy - SN:37 - ID:7903666

    CAIRO, April 18 (MENA) - Finance Minister Mohamed Maait said on Thursday upgrading Egypt's long-term foreign and local currency issuer ratings from B3 to B2 testifies again to the success of the economic reforms carried out by the Egyptian ....

  • State attaches great importance to upgrading railway sector: transport min.

    Date: 2019-04-18 10:53:36 GMT - Egypt - Economy - SN:30 - ID:7903459

    CAIRO, April 18 (MENA) - Transport Minister Kamel el Wazir confirmed the importance which the state attaches to revamping the railway sector alongside prioritizing factors of safety and training human cadres on the cutting-edge technologies in the ....

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