Economy

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  • Category : Economy
  • Minister: 4.2% economic growth rate in 2024/25 plan, with investments exceeding EGP 2 trillions

    Date: 2024-04-23 14:16:03 GMT - Egypt - Economy - SN:40 - ID:10674445

    CAIRO, April 23 (MENA) - Minister of Planning and Economic Development Dr. Hala El-Said affirmed that the economic and social development plan for 2024/2025 aims to rationalize investment spending and expand public expenditure on human development, ....

  • 841m dollars from development partners to private sector within 6 months: Int'l cooperation min.

    Date: 2024-04-23 14:02:17 GMT - Egypt - Economy - SN:38 - ID:10674440

    CAIRO, April 23 (MENA) – Minister of International Cooperation Rania el Mashat said Tuesday that the Ministry of International Cooperation continues supporting the private sector and boosting entrepreneurship and innovation, adding that, in the ....

  • Wazir, French ambassador inspect LRT, Cairo third metro line

    Date: 2024-04-23 13:09:58 GMT - Egypt - Economy - SN:35 - ID:10674391

    CAIRO, April 23 (MENA) - Minister of Transport Kamel al-Wazir has hailed the depth of the relations between Egypt and France and the positive cooperation between the ministry and French companies in implementing giant projects in Egypt starting with ....

  • Egypt keen on supporting exports to foreign markets: Trade min.

    Date: 2024-04-23 12:22:11 GMT - Egypt - Economy - SN:33 - ID:10674178

    CAIRO, April 23 (MENA) - Minister of Trade and Industry Ahmed Samir said Tuesday the government is interested in increasing national exports to various foreign markets by developing industries and attracting more foreign investments. He provides ....

  • House approves total articles of draft law on "Unified Insurance Law"

    Date: 2024-04-23 12:19:49 GMT - Egypt - Economy - SN:32 - ID:10674234

    CAIRO, April 23 (MENA) - The House of Representatives, in its general session held Tuesday under Speaker Hanafi Gebali, agreed on the total articles of the draft law presented by the government to issue the "Unified Insurance Law," while postponing ....

  • Parl't approves agreement on Egypt's hosting of ACECCRA

    Date: 2024-04-23 11:21:08 GMT - Egypt - Economy - SN:27 - ID:10674124

    CAIRO, April 23 (MENA) – The parliament approved on Tuesday under Speaker Hanafy Gebaly presidential decree no.93 of 2024 on approving an agreement on Egypt’s hosting of African Center of Excellence on Climate Change Resilience and Adaptation of the ....

  • Dollar exchange rate stable at start of Tuesday's transactions

    Date: 2024-04-23 08:18:42 GMT - Egypt - Economy - SN:11 - ID:10673706

    CAIRO, April 23 (MENA) - The dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 48.10 for buying and EGP 48.20 for ....

  • 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 ....

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