Economy

  • Service : English General
  • Category : Economy
  • Seven integrated logistics corridors to be established across nation - minister

    Date: 2024-04-11 14:04:06 GMT - Egypt - Economy - SN:37 - ID:10658169

    CAIRO, April 11 (MENA) - Transport Minister Kamel el Wazir said seven integrated logistics corridors are now being set up to link production sites with harbors. In a statement, the minister said the corridors will link ports of the Red Sea with ....

  • Finance min. says social protection budget increased to EGP 635.9 bn in FY 2024/25

    Date: 2024-04-11 13:03:35 GMT - Egypt - Economy - SN:35 - ID:10658002

    CAIRO, April 11 (MENA) - Finance Minister Mohamed Maait announced that the budge allotted to the social protection programs increased to EGP 635.9 billion in the fiscal year 2024/2025, up from EGP 529.7 billion in the fiscal year 2023/2024, with an ....

  • Economists commend govt efforts for open economy

    Date: 2024-04-11 12:35:45 GMT - Egypt - Economy - SN:33 - ID:10657944

    CAIRO, April 11 (MENA) – Economist Ahmed Khattab has said Egypt under President Abdel Fattah El Sisi moves ahead with greater economic openness in several investment areas, such as agriculture, tourism and industry, as well as enhance the private ....

  • Morocco's markets open to Egyptian potatoes, Canada's to fresh Egyptian strawberries: minister

    Date: 2024-04-11 12:30:56 GMT - Egypt - Economy - SN:32 - ID:10657967

    CAIRO, April 11 (MENA) - Minister of Agriculture and Land Reclamation El Sayed El Quseir has announced the opening of markets for Egyptian potatoes in Morocco and fresh Egyptian strawberries in Canada. Quseir said the move comes as part of the ....

  • Petrochemical industry receives strong support from state, says minister

    Date: 2024-04-11 09:50:54 GMT - Egypt - Economy - SN:19 - ID:10657724

    CAIRO, April 11 (MENA) - Minister of Petroleum and Mineral Resources Tareq el Molla said the petrochemical industry still has opportunities that can add to the fields of economy, investment and industry in Egypt. In addition to the clear and ....

  • SDG financing challenges need evidence-based approach backed by efficient institutions: Planning min.

    Date: 2024-04-10 15:32:12 GMT - Egypt - Economy - SN:39 - ID:10657307

    CAIRO, April 10 (MENA) - Minister of Planning and Economic Development Hala El Saeed said addressing finance challenges requires an evidence-based approach backed by efficient institutions and well-coordinated general policies. The minister's ....

  • Finance min.: coins worth EGP 50 mn supplied to local market on occasion of Eidul Fitr holiday

    Date: 2024-04-10 14:14:15 GMT - Egypt - Economy - SN:35 - ID:10657193

    CAIRO, April 10 (MENA) - Finance Minister Mohamed Maait said that the amount of small change supplied to the local market has been doubled to EGP 50 million to meet the growing demand of citizens and encourage commercial activities during Eidul Fitr ....

  • Gold market booming during Eidul Fitr holiday - FEDCOC official to MENA

    Date: 2024-04-10 13:34:43 GMT - Egypt - Economy - SN:33 - ID:10657145

    CAIRO, April 10 (MENA) - Amr El Maghraby, a member of the board of the Gold Division at the General Federation of Egyptian Chambers of Commerce (FEDCOC), said that the gold market in Egypt has been seeing a boom in the past few days despite the hike ....

  • Foreign currency proceeds near EGP 13bn since exchange rate liberalization

    Date: 2024-04-10 11:14:29 GMT - Egypt - Economy - SN:27 - ID:10657018

    CAIRO, April 10 (MENA) - Foreign currency proceeds of exchange companies, affiliated to the National Bank of Egypt (NBE), Banque Misr and Banque du Caire, have increased to some EGP 12.966 billion since interest rate liberalization on March 6. In ....

  • Petroleum ministry: Natural gas supplied to 118 new areas for 1st time

    Date: 2024-04-10 09:52:55 GMT - Egypt - Economy - SN:21 - ID:10656953

    CAIRO, April 10 (MENA) - Minister of Petroleum and Mineral Resources Tarik el Molla has stressed the importance of the state's plan to expand in the use of natural gas as an important fuel either in houses or vehicles. In a press statement ....

Middle East News Agency © - designed and developed : GCSSD