Category: BUSINESS

PM: We are keen on supporting national industry

Prime Minister Mostafa Madbouli asserted the state is keen on supporting and encouraging the national industry and solving any problems facing investors.

The industry sector is the “hope” for boosting the Egyptian economy, added the premier at a pres…

PM inspects Nile Linen Group factory in Alexandria

Prime Minister Moustafa Madbouli inspected, during his tour on Saturday 3/8/2024 in Alexandria Public Free Zone, Nile Linen Group for textile.

Madbouli conducted an extended tour of the factory that included a number of production lines and an outlet…

CAPMAS: Egypt trade deficit narrows by 10.3% year-on-year

Egypt’s trade deficit narrowed by 10.3 percent year-on-year (YoY) in May to reach $3.5 billion, down from $3.9 billion a year earlier, the Central Agency for Public Mobilization and Statistics (CAPMAS) stated Saturday 3/8/2024.

According to the CAPMA…

An expected debate between Trump and Harris on September 4 live

Republican candidate for the US presidency Donald Trump announced that he had reached an agreement with Fox News to hold a debate with his Democratic rival Kamala Harris on September 4 in Pennsylvania.

Trump wrote on his page on his Truth Social netw…

PM inspects Alex Apparels for Readymade Garments

Prime Minister Moustafa Madbouli inspected a number of factories of the free investment zone in Alexandria.

This came during the premier’s tour on Saturday that started with visiting the Alex Apparels for Readymade Garments.

The Premier was accompan…

PM inspects EEPI factory in Alexandria

Prime Minister Moustafa Madbouli inspected, during an extended tour in Alexandria on Saturday 3/8/2024, European Egyptian Pharmaceutical Industry (EEPI) which produces medical devices, medicines and supplementary.

Madbouli’s inspection includes visit…

Kuwait Bourse Closes Lower

Kuwait Bourse closed Thursday trading as the All Share Index lost 25.28 points to reach 7,214.13 points, a decrease of 0.35 percent.

As many as 207.7 million shares valued at KWD 49.4 million (roughly USD 151 million) were traded via 12,737 transacti…

GCC, Indonesia Sign Joint Statement to Launch Negotiations on FTA

Secretary-General of the Gulf Cooperation Council (GCC) Jassim Mohammad Al Budaiwi and Indonesia’s Minister of Trade Dr. Zulkifli Hasan signed the joint statement to launch negotiations on the Indonesia-GCC Free Trade Agreement (I-GCC FTA).

Both side…

Al-Baour and Niang Discuss Enhancing Bilateral Cooperation

Tripoli:Taher Al-Baour, the official in charge of the Ministry of Foreign Affairs and International Cooperation of the Government of National Unity, met with Cheikh Niang, the Senegalese Minister of African Integration, Foreign Affairs, and Senegalese…

Al-Baour and Niang Discuss Enhancing Bilateral Cooperation

Tripoli:Taher Al-Baour, the official in charge of the Ministry of Foreign Affairs and International Cooperation of the Government of National Unity, met with Cheikh Niang, the Senegalese Minister of African Integration, Foreign Affairs, and Senegalese…

Libya and Philippines Discuss Enhanced Bilateral Cooperation

Amman:Ashraf Al-Taib, the Director of the International Cooperation Department at the Ministry of Foreign Affairs, met with Roderico C. Atienza, Chargé d’Affaires of the Philippine Embassy in Libya, to explore ways to strengthen and develop relations …

Libya and Uganda Discuss UN Security Council Representation

Tripoli:Taher Al-Baour, head of the Ministry of Foreign Affairs and International Cooperation of the Government of National Unity, met with Haruna Kasolo Kyeyune, Uganda’s Minister of State for Foreign Affairs and Regional Cooperation, to discuss bila…