18:55
cairo, gmt + 2
2 May
Thursday, 2024
Thu, 02 May 2024 - 02:26 GMT
That was in a meeting with Prime Minister Mostafa Madbouli Wednesday.
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This deal marks HiTech Apparel's first venture in both the Middle East and Africa and is poised to create approximately 1,500 employment opportunities within the region
Under the MoU, the UK Export Finance, which serves as the British export financing agency, will provide financial support for a range of projects in close coordination with GAFI
In terms of year-over-year performance, automobile sales in March experienced a decline of 37 percent. This was primarily driven by a decrease of 41 percent in passenger car sales.
Wednesday trading saw 542,64 million shares exchanged with a turnover of LE 2.42 billion
Demand for jewelry and bullion in Egypt experienced a significant decline of 17 percent during the first quarter of 2024, falling to 13.2 tons from the 15.8 tons recorded in Q1 2023
The solar energy project will be implemented in two phases and has already secured a cooperation agreement with the Ministry of Electricity. Funding for the project will be sourced from renowned international financial institutions.
The deficit continues to decline due to increased inflows of remittances and foreign portfolio investments, including the second payment of the Ras El Hikma deal in early March.
Minister of Transport Kamel al-Wazir and French Minister of Economy and Finance Bruno Le Maire signed Wednesday the MoU.
The two wind energy projects are set to have a combined capacity of 8 gigawatts with foreign direct investments estimated to reach $9 billion
the government raised its projections for achieving a primary surplus to 5.75 percent of the gross domestic product (GDP) in 2023/2024 from previous estimates of 2.5 percent of the GDP, according to the ministry.
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