18:19
cairo, gmt + 2
11 May
Saturday, 2024
Sat, 11 May 2024 - 01:11 GMT
Madbouli inspected a factory for Chinese Vivo Communication Technology Co., and a factory for German Bosch appliances. The Prime Minister also inspected the Sanipure factory for sanitary ware. Egypt was importing smartphones for more than $1.5 billion annually, he said.
Magazine
Be Social
The protocol encompassed a wide range of areas, with particular emphasis on emerging media technologies and cutting-edge advancements.
Tax revenues as of the end March grew by 24.1%.
Egyptian Minister of International Cooperation Dr. Rania Al-Mashat, met with Abdel Rahman Diao, the Country Director of the African Development Bank, to follow up on joint work files and development cooperation programs being implemented, within the framework of joint relations between the Egyptian government and the African Development Bank.
This came on the sidelines of the 32nd session of the Egyptian-Jordanian Joint Higher Committee’s ministerial meeting.
This surplus was utilized to partially cover interest payments on the public debt, resulting in a decrease in the country's overall deficit to 6 percent of the GDP by June 2023.
The increased availability of foreign currency, coupled with hopes of exchange rate stability, lower prices, and improved material availability, boosted confidence among non-oil firms regarding the year-ahead outlook for activity
The general consumer price index reached 223.6 points in April 2024. On a monthly basis, food and beverage prices decreased by 0.9 percent, while on an annual basis, they increased by 37.6 percent
Egyptian Minister of International Cooperation, Dr. Rania Al-Mashat, held a bilateral discussion session with Ambassador Peter Mollema, the Dutch Ambassador to Cairo, to discuss joint work files and follow up on the implementation of programs and projects
Cairo's tourism and hospitality sector is being strengthened through cross-border collaborations, an increase in foreign direct investment (FDI), and a LE 50 billion initiative to enhance tourism.
The Central Bank of Egypt released figures confirming an increase of $696 million in net international reserves during April, underscoring the country's growing economic strength
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