Economy

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  • Category : Economy
  • Communications min.: Efforts going on to enhance Egypt's position as most-favored outsourcing destination

    Date: 2025-04-08 20:55:40 GMT - Egypt - Economy - SN:75 - ID:11130895

    CAIRO, April 8 (MENA) - Communications and Information Technology Minister Amr Talaat said on Tuesday the outsourcing industry in Egypt is rapidly progressing as the number of outsourcing centers in the country has doubled over the past three years ....

  • Finance min. says Egypt's economy has started showing better performance indicators

    Date: 2025-04-08 20:30:06 GMT - Egypt - Economy - SN:71 - ID:11130420

    CAIRO, April 8 (MENA) - Finance Minister Ahmed Kouchouk said that Egypt's economy has started showing better performance indicators, highlighting that the financial performance in the first eight months of the current fiscal year is "very ....

  • Egypt, Algeria discuss bolstering cooperation in petroleum, gas, green hydrogen domains

    Date: 2025-04-08 20:15:38 GMT - Egypt - Economy - SN:69 - ID:11130628

    CAIRO, April 8 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi held a session of talks with Algerian Minister of Energy, Mines and Renewable Energy Mohamed Arkab, along with his accompanying delegation. The discussions took ....

  • Mansour Group to build $150M electric vehicle plant in Egypt

    Date: 2025-04-08 19:59:50 GMT - Egypt - Economy - SN:64 - ID:11130618

    CAIRO, April 8 (MENA) – Mohamed Mansour, Chairman of Mansour Group and former Minister of Transport, announced a $150 million investment to establish a new electric vehicle plant in Egypt. The project is expected to create 10,000 jobs. The ....

  • PM reviews progress in implementing green fuel projects

    Date: 2025-04-08 19:54:03 GMT - Egypt - Economy - SN:62 - ID:11130416

    CAIRO, April 8 (MENA) - Prime Minister Mostafa Madbouly emphasized the importance boosting Egypt's energy sector, particularly regarding the implementation of green fuel production projects which align with the country’s strategy to diversify energy ....

  • Petroleum min. inspects Egyptian pavilion at OMC Med Energy Con. & Expo in Italy

    Date: 2025-04-08 19:15:39 GMT - Egypt - Economy - SN:59 - ID:11130625

    CAIRO, April 8 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi inspected Tuesday the Egyptian pavilion at the OMC Med Energy Conference & Exhibition, held in Ravenna, Italy, from April 8 to 10. The Egyptian General Petroleum ....

  • Egypt, Sweden probe fostering economic cooperation

    Date: 2025-04-08 19:10:28 GMT - Egypt - Economy - SN:57 - ID:11130627

    CAIRO, April 8 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat said that recent years have witnessed a remarkable growing interest of Swedish companies in investing in the Egyptian market, which ....

  • Environment min. outlines national plan for circular economy

    Date: 2025-04-08 19:07:03 GMT - Egypt - Economy - SN:56 - ID:11130565

    CAIRO, April 8 (MENA) – Minister of Environment Yasmine Fouad said that the national strategy for the circular economy includes eight main sectors: agriculture, industry, tourism, construction, textiles, chemicals, plastics, and waste. She noted ....

  • Italy’s Eni to invest 8 billion euros in Egypt

    Date: 2025-04-08 19:05:46 GMT - Italy - Economy - SN:55 - ID:11130752

    RAVENNA, Italy, April 8 (MENA) – Eni Company plans to invest 8 billion euros to back energy production in Egypt, Chief Executive Officer of the Italian company Claudio Descalzi said Tuesday. Descalzi made his remarks on the sidelines of his ....

  • Total says to pump new investments into Egypt: Min.

    Date: 2025-04-08 19:02:49 GMT - Egypt - Economy - SN:54 - ID:11130617

    CAIRO, April 8 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi discussed with a delegation from the French TotalEnergies company pumping new investments into Egypt. The meeting discussed the status of the company's current ....

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