11:14
cairo, gmt + 2
27 September
Wednesday, 2023
Tue, 26 Sep 2023 - 05:13 GMT
The benchmark EGX30 rose 0.17 percent, or 34.3 points, to end at 20,354.86 points.
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Minister of Finance, Mohamed Maait, who is also Egypt's governor at the Asian Infrastructure Investment Bank, stated that the double taxation agreement between Egypt and Croatia reflects the commitment of both countries to enhance economic, trade, and investment relations while safeguarding tax rights.
Four exploration areas were awarded, including three in the Mediterranean Sea, with two going to the Italian company Eni and one to a consortium of Eni, BP, and Qatar Energy.
Over the past years, the Egyptian Ministry of Planning and Economic Development has aimed to achieve comprehensive economic development.
The rates of trade exchange between Egypt and UK have witnessed significant progress recently, as the volume of trade between the two countries reached almost GBP 3.4 billion in 2022
Banque Misr will also receive part of the financial fund, and the rest would be used to continue developing the Alexandrian metro project.
The event in Sharm El Sheikh showcased the commitment of global leaders to collectively address global development challenges.
The selection of Sharm El Sheikh as the venue for the AIIB's annual meetings underscores Egypt's growing prominence on the global economic stage.
Egypt's hosting of this globally significant event sends a resounding message to the world.
Egypt's hosting of this globally significant event sends a resounding message to the world.
President El-Sisi's call for low-cost funding echoes the pressing need to support emerging countries in overcoming economic challenges and ensuring their continued growth and resilience in the face of global crises.
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