Economy
- Service : English General
- Category : Economy
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Egypt targets full operation of petrochemical plants - minister
Date: 2025-01-19 19:30:17 GMT - Egypt - Economy - SN:44 - ID:11033260
CAIRO, Jan 19 (MENA) – Minister of Petroleum and Mineral Resources Karim Badawi announced plans to maximize the output of the country’s petrochemical plants. The strategy involves ensuring sufficient supplies of locally sourced, high-value ....
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EGPC eyes drilling 41 new gas, oil wells in FY 2025/2026
Date: 2025-01-19 18:17:12 GMT - Egypt - Economy - SN:39 - ID:11033258
CAIRO, Jan 19 (MENA) - Egypt's state-owned General Petroleum Company (EGPC) announced it targets drilling 41 new exploratory gas and oil wells in the Eastern and Western Desert regions, as well as the Gulf of Suez in the FY 2025/2026. The ....
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Agriculture min. asserts importance of cooperation with Jordan to achieve food security
Date: 2025-01-19 18:10:36 GMT - Egypt - Economy - SN:38 - ID:11033051
CAIRO, Jan 19 (MENA) – Minister of Agriculture and Land Reclamation Alaa Farouk asserted the importance of consolidating cooperation between Egypt and Jordan not only to exchange exports but also to achieve food security, praising the strong ties ....
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FEI seeks targeting int'l market needs of precious metals
Date: 2025-01-19 15:29:51 GMT - Egypt - Economy - SN:30 - ID:11032942
CAIRO, Jan 19 (MENA) - The Gold, Jewelry, and Precious Metals Division of the Federation Of Egyptian Industries (FEI) has contacted the Egyptian Commercial Service to prepare reports about the needs of several international markets in the gold and ....
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Bourse indexes up at close of Sunday's trading session
Date: 2025-01-19 14:50:28 GMT - Egypt - Economy - SN:29 - ID:11032944
CAIRO, Jan 19 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session, backed by purchases by local institutions and investment funds, as well as Arab and foreign investors, against sales by Arab and ....
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Finance Ministry auctions T-bills worth EGP 80bln
Date: 2025-01-19 11:39:02 GMT - Egypt - Economy - SN:18 - ID:11032686
CAIRO, Jan 19 (MENA) - The Ministry of Finance auctioned Sunday treasury bills at a total value of EGP 80 billion. In an online statement, the ministry said it sold 182-day T-bills with an average yield of 26.83 percent. The ministry also sold ....
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Investment Ministry hosts Egyptian-Nigerian Business forum
Date: 2025-01-18 18:38:58 GMT - Egypt - Economy - SN:47 - ID:11032003
CAIRO, Jan 18 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib stressed on Saturday the importance of enhancing relations between Egypt and Nigeria, highlighting that they are characterized by mutual respect and shared ....
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Petroleum min. highlights safety, carbon reduction at MOPCO
Date: 2025-01-18 17:54:50 GMT - Egypt - Economy - SN:45 - ID:11031951
CAIRO, Jan 18 (MENA) – Petroleum Minister Karim Badawi reaffirmed the importance of safety and reducing carbon emissions during his visit to Misr Fertilizers Production Company (MOPCO), Egypt's largest nitrogen fertilizer production facility in ....
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Telecom Egypt receives International Finance award 2024 for "Best Investor Relations"
Date: 2025-01-18 15:14:45 GMT - Egypt - Economy - SN:32 - ID:11031520
CAIRO, Jan 18 (MENA) - Telecom Egypt has won the International Finance Awards 2024 for "Best Investor Relations - Telecom Company", in recognition of its unwavering commitment to corporate governance and transparency. The award honors Telecom ....
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Cabinet’s media center highlights efforts to maximize role of SCZONE as pillar of economic growth
Date: 2025-01-18 14:00:28 GMT - Egypt - Economy - SN:22 - ID:11031516
CAIRO, Jan 18 (MENA) - The Cabinet’s media center confirmed that the Suez Canal Economic Zone (SCZONE) has received significant attention from the Egyptian state, which has been focused on maximizing the role of the region as one of the key pillars ....