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Saudi Minister of State Essam Bin Saad Bin Saeed said Saturday that Saudi Arabia is keen to enhance economic relations with Egypt and intents to pump new investments in the country in the coming period.
Total custom duties and the value added tax, among other duties, collected on cars, buses and their spare parts in Alexandria port reached LE 772.5 million last month, a report from Alexandra customs said Saturday.
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is scheduled to issue LE 15 billion in treasury bills on Sunday.
Trade and Industry Minister Tareq Kabil met Saturday with Croatia's Ambassador to Egypt Tomislav Bošnjak to discuss means of boosting economic cooperation.
Trade Minister Tarek Kabil announced last month the beginning of procedures for the establishment of the largest textile and clothing city in Egypt, located in Sadat City in Monufiya governorate. Egypt Today sums up key facts about the city.
Egypt's Ambassador to the Sultanate of Oman Mohamed Ghoneim said Saturday that President Abdel Fatah al-Sisi is always keen to boost the economy, development and trade exchange.
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