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Economy
- Service : English General
- Category : Economy
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PM: basic commodity prices decline to 27% in various governorates
Date: 2024-04-18 17:33:16 GMT - Egypt - Economy - SN:57 - ID:10667423
CAIRO, April 18 (MENA) - Prime Minister Dr. Mostafa Madbouly said that commodity prices in the local market are being closely monitored through the price control committee and, generally speaking, prices have actually decreased at the level of all ....
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Canada lifts ban on fresh Egyptian strawberry exports
Date: 2024-04-18 15:09:03 GMT - Egypt - Economy - SN:44 - ID:10667207
CAIRO, April 18 (MENA) - The Egyptian commercial office in Ottawa has succeeded in lifting a ban imposed on fresh Egyptian strawberry exports to Canada, Minister of Trade and Industry Ahmed Samir announced. The Canadian Food Inspection Agency has ....
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Huawei to bring cloud computing to Egypt
Date: 2024-04-18 14:35:10 GMT - Egypt - Economy - SN:43 - ID:10667291
CAIRO, April 18 (MENA) - Chinese technology giant Huawei will launch its first cloud region in Egypt, said MaBen, head of the government relations and strategic communications department at Huawei Egypt. The new cloud region in Egypt will add to ....
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Finance min. says IMF-backed economic program aims to enable private sector
Date: 2024-04-18 12:46:14 GMT - Egypt - Economy - SN:38 - ID:10666754
WASHINGTON, April 18 (MENA) - Finance Minister Mohamed Maait said the IMF-backed comprehensive economic reform program focuses on enabling the private sector and increasing its participation in development projects, which in turn contributes to ....
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Cabinet gives green light to Financial Ministry to seek clearing, settlement service of a firm
Date: 2024-04-18 12:44:54 GMT - Egypt - Economy - SN:37 - ID:10666923
CAIRO, April 18 (MENA) - The Cabinet, during its Thursday's meeting under Prime Minister Mostafa Madbouli, gave the green light to the Ministry of Finance to contract with a company to provide financial clearing and settlement services for ....
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Gov't okays draft decision to establish private free zone under name "Suez Canal Company for Modern Boats"
Date: 2024-04-18 12:23:06 GMT - Egypt - Economy - SN:35 - ID:10666920
CAIRO, April 18 (MENA) - The Cabinet approve during a meeting Thursday headed by Prime Minister Mostafa Madbouly a draft decision to establish a private free zone under the name "Suez Canal Company for Modern Boats," (S.A.E.). The company is to ....
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Transport min. witnesses signing of MoU on construction, operation of Berenice Port
Date: 2024-04-18 10:54:46 GMT - Egypt - Economy - SN:25 - ID:10666704
CAIRO, April 18 (MENA) - Minister of Transport Kamal Wazir witnessed the signing of a memorandum of understanding (MoU) Thursday on construction, development, operation, management and maintenance of Berenice Port. The agreement falls within the ....
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Financing gap in Africa leads to declines of developmental investment rates: Finance min.
Date: 2024-04-18 10:21:57 GMT - Egypt - Economy - SN:23 - ID:10666638
CAIRO/WASHINGTON, April 18 (MENA) - The financing gap in Africa leads to decline of developmental investment rates, Finance Minister Mohamed Maait said Thursday. The minister of finance said achieving the developmental and climate goals in the ....
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Finance ministry works under integrated strategy to manage debt
Date: 2024-04-18 10:05:28 GMT - Egypt - Economy - SN:22 - ID:10666633
CAIRO, April 18 (MENA) - Finance Minister Mohamed Maait asserted that the Ministry of Finance is working according to an integrated strategy to manage debt and decrease its rates to less than 80% by 2027. It is also working to extend the average ....
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Dollar exchange rate declines at start of Thursday's transactions
Date: 2024-04-18 08:38:40 GMT - Egypt - Economy - SN:16 - ID:10666526
CAIRO, April 18 (MENA) - The dollar exchange rate inched down between 25-30 piasters at the start of Thursday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 48.45 for ....
