Economy

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  • Category : Economy
  • Planning minister discusses economic and investment ties with UK ambassador

    Date: 2025-06-14 03:47:13 GMT - Egypt - Economy - SN:4 - ID:11216890

    CAIRO, June 14 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat met with British Ambassador to Egypt Gareth Bayley to discuss ways to boost economic and investment relations and diversify financing ....

  • PM: Plan in place to secure fuel, gas for electricity sector

    Date: 2025-06-13 17:29:55 GMT - Egypt - Economy - SN:45 - ID:11216554

    CAIRO, June 13 (MENA) - Prime Minister Mostafa Madbouli affirmed on Friday that the government has an action plan in place to secure various needs for petroleum products and gas across different sectors, most particularly the electricity one. He ....

  • Crude oil prices jump over 7% as Israel strikes Iran

    Date: 2025-06-13 05:57:43 GMT - USA - Economy - SN:12 - ID:11215813

    WASHINGTON, June 13 (MENA) - Crude oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil ....

  • AfDB approves $184 mln for Africa’s largest solar power project in Egypt

    Date: 2025-06-12 18:36:15 GMT - Egypt - Economy - SN:49 - ID:11215503

    ABIDJAN, June 12 (MENA) – The African Development Bank (AfDB) has approved $184.1 million to support a 1 GW solar power project with 200 MWh battery storage in Qena, Egypt. It will be the largest facility of its kind in Africa. The total cost ....

  • OPEN// PM discusses action plan for conducting 2027 General Census for Population

    Date: 2025-06-12 15:55:24 GMT - Egypt - Economy - SN:40 - ID:11215198

    CAIRO, June 12 (MENA) - Prime Minister Mostafa Madbouli stressed on Thursday that promoting the state's efforts to increase economic growth rates and investments in priority sectors within Egypt's Vision 2030 depends primarily on the availability of ....

  • Petroleum min.: Mineral resources law breakthrough boosts Egypt's mining sector, economy

    Date: 2025-06-12 15:51:52 GMT - Egypt - Economy - SN:41 - ID:11215293

    CAIRO, June 12 (MENA) - The Ministry of Petroleum and Mineral Resources said the Mineral Resources Law, ratified by President Abdel Fattah El Sisi and published in the official Gazette on Wednesday comes within the framework of the political ....

  • Investment minister meets CEO of AXA on health insurance

    Date: 2025-06-12 14:18:52 GMT - Egypt - Economy - SN:37 - ID:11215120

    CAIRO, June 12 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib affirmed that the State attaches great importance to the development of the insurance sector given its vital role in stimulating the investment environment. He ....

  • Bourse indices down at close of Thursday trading

    Date: 2025-06-12 13:05:53 GMT - Egypt - Economy - SN:33 - ID:11215142

    CAIRO, June 12 (MENA) - Egyptian Exchange (EGX) indices declined at the close of Thursday trading session prompted by sales by Egyptian investment funds and Arab investors against purchases by Egyptian and foreign investors as well as Arab and ....

  • OPEN// ITIDA launches nationwide Internship Program to train 10,000 students in emerging tech, digital arts

    Date: 2025-06-12 11:23:07 GMT - Egypt - Economy - SN:21 - ID:11214951

    CAIRO, June 12 (MENA) - The Information Technology Industry Development Agency (ITIDA) has launched an enhanced edition of its Summer Internship Program for University Students, in collaboration with the National Telecommunications Institute (NTI) ....

  • 4,000 tons of goods handled at Red Sea ports

    Date: 2025-06-12 11:21:36 GMT - Egypt - Economy - SN:20 - ID:11214818

    HURGHADA, Egypt, June 12 (MENA) - Some 4,000 tons of goods were handled at Red Sea ports. In a statement released Thursday, the media center of the Red Sea Ports Authority (RSPA) said the total trade volume of imported goods into the port reached ....

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