Economy

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  • Category : Economy
  • FRA reports EGP 283.6 bn in non-banking financing in Q1 2025

    Date: 2025-05-31 14:05:17 GMT - Egypt - Economy - SN:33 - ID:11201442

    CAIRO, May 31 (MENA) - The Financial Regulatory Authority (FRA) announced Saturday that the total financing provided through the entities under its supervision, which include non-banking financial activities in the capital market and non-banking ....

  • CID plays leading role in backing drug market – Min.

    Date: 2025-05-31 11:29:06 GMT - Egypt - Economy - SN:18 - ID:11201278

    CAIRO, May 31 (MENA) – The Ministry of Public Business Sector said Chemical Industries Development Company (CID) is a national great industrial institution that continues to play its leading role to support the Egyptian pharmaceutical market through ....

  • Finance min. to announce new export support program next week

    Date: 2025-05-31 10:22:00 GMT - Egypt - Economy - SN:15 - ID:11201140

    CAIRO, May 31 (MENA) – Minister of Finance Ahmed Kouchouk said that a new export support program will be launched next week in coordination with the Ministry of Investment and Foreign Trade. These remarks came during an open dialogue the ....

  • Finance min. fresh tax facilitation packages to address several challenges

    Date: 2025-05-31 09:19:16 GMT - Egypt - Economy - SN:10 - ID:11201006

    CAIRO, May 31 (MENA) - Minister of Finance Ahmed Kouchouk Saturday said that the upcoming tax facilitation packages will address further challenges, in order to broaden the tax base and build a partnership based on certainty, trust, and quality ....

  • Egypt, Serbia discuss digital connection plan to facilitate labor mobility

    Date: 2025-05-30 20:38:38 GMT - Egypt - Economy - SN:39 - ID:11200666

    CAIRO, May 30 (MENA) - Minister of Labor Mohamed Gibran and Serbian Interior Minister Ivica Dačić discussed Friday how to activate cooperation mechanisms to facilitate labor mobility and open up new markets for Egyptian workers in the Serbian ....

  • Uzbek gov't delegation visits agricultural projects, research centers

    Date: 2025-05-30 18:55:01 GMT - Egypt - Economy - SN:35 - ID:11200636

    CAIRO, May 30 (MENA) – A high-profile Uzbek government delegation led by the director of the Cabinet’s Secretariat for Investments, Export, Trade, Agriculture and Water Resources, visited a number of agricultural projects and research centers during ....

  • Oil min.: Increasing production high priority, AI pivotal to fields

    Date: 2025-05-30 15:33:34 GMT - Egypt - Economy - SN:25 - ID:11200347

    CAIRO, May 30 (MENA) - Petroleum and Mineral Resources Minister Karim Badawi affirmed on Friday that increasing oil production is a high priority for the petroleum sector, stressing the importance of the usage of modern technology and artificial ....

  • Egypt seeks ICAO Council seat, backs African aviation integration – minister

    Date: 2025-05-30 08:31:25 GMT - Egypt - Economy - SN:10 - ID:11200022

    CAIRO, May 30 (MENA) – Egypt supports a stronger African voice in global aviation and seeks a seat on the ICAO Council, Civil Aviation Minister Sameh Hefny said during AFI Aviation Week 2025 in Zimbabwe. He emphasized Egypt's commitment to ....

  • Egypt's agricultural exports rise to 4.8 mln tons, driven by citrus and potatoes

    Date: 2025-05-30 08:07:37 GMT - Egypt - Economy - SN:8 - ID:11199996

    CAIRO, May 30 (MENA) – Egypt's agricultural exports rose to around 4.8 million tons so far in 2025, up nearly 500,000 tons from the same period last year, Agriculture and Land Reclamation Minister Alaa Farouk said on Friday. Citrus topped the ....

  • Petroleum min.: incentives restore investor confidence, boost local output

    Date: 2025-05-30 07:48:40 GMT - Egypt - Economy - SN:6 - ID:11199990

    CAIRO, May 30 (MENA) – Petroleum and Mineral Resources Minister Karim Badawi said the government’s investment-friendly reforms and incentive packages have restored investor confidence and helped increase domestic oil and gas production. Speaking ....

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