Economy

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  • Category : Economy
  • All EGX indices up, benchmark increases 0.37 pct

    Date: 2025-03-12 17:30:40 GMT - Egypt - Economy - SN:37 - ID:11100402

    CAIRO, March 12 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Wednesday's trading, pushed by purchases from local institutions and investment funds as well as Arab investors. Meanwhile, sales prevailed in ....

  • OPEN// IMF approval of Egypt’s 4th review signals confidence in economic reforms - PM

    Date: 2025-03-12 17:21:56 GMT - Egypt - Economy - SN:35 - ID:11100336

    CAIRO, March 12 (MENA) – The International Monetary Fund’s (IMF) approval of Egypt’s fourth review reflects confidence in the country’s economic reforms and its commitment to meeting agreed-upon targets under the IMF program, Prime Minister Mostafa ....

  • IMF approves $1.3 billion for Egypt to support climate reforms - Ministries

    Date: 2025-03-12 17:15:11 GMT - Egypt - Economy - SN:33 - ID:11100400

    CAIRO, March 12 (MENA) - As part of Egypt’s Climate Change Strategy 2050 and its Nationally Determined Contributions (NDCs) Plan for 2030, the International Monetary Fund (IMF) has approved the disbursement of a new $1.3 billion financing package ....

  • Banque du Caire receives ISO 22301 certification in Business Continuity Management

    Date: 2025-03-12 16:22:05 GMT - Egypt - Economy - SN:32 - ID:11100282

    CAIRO, March 12 (MENA) – Banque du Caire has successfully received the ISO 22301 certification in Business Continuity Management (BCM) for the second year in a row. ISO 22301 is the international standard for Business Continuity Management ....

  • Misr Digital Innovation earns PCI DSS certification

    Date: 2025-03-12 16:21:27 GMT - Egypt - Economy - SN:31 - ID:11100280

    CAIRO, March 12 (MENA) – Misr Digital Innovation (MDI), a subsidiary of Banque Misr and the company behind Egypt’s first digital bank, has obtained the Payment Card Industry Data Security Standard (PCI DSS) certification with support from IGRC ....

  • Agriculture min. stresses strength of Egyptian-Chinese ties in various domains

    Date: 2025-03-12 14:20:02 GMT - Egypt - Economy - SN:23 - ID:11099872

    CAIRO, March 12 (MENA) - Agriculture Minister Alaa Farouk highlighted the deeply-rooted Egyptian-Chinese relations as well as joint cooperation projects in various domains, especially the agricultural sector. He made the remarks during a meeting ....

  • Transport min. witnesses inking of MoU with MSC

    Date: 2025-03-12 13:16:25 GMT - Egypt - Economy - SN:20 - ID:11099815

    CAIRO, March 12 (MENA) - Transport Minister Kamel Wazir said the state is moving steadily towards developing the infrastructure of the transport sector to realize integration between all transport means, cut trade costs and promote sustainable ....

  • Mehasab to MENA: Completion of IMF review reflects int'l institutions' confidence in Egyptian economy

    Date: 2025-03-12 11:53:40 GMT - Egypt - Economy - SN:16 - ID:11099746

    CAIRO, March 12 (MENA) - Member of Parliament and Rapporteur of the Investment Priorities Committee of the National Dialogue Ayman Mehasab welcomed an announcement by the International Monetary Fund (IMF) on completing the fourth review of Egypt’s ....

  • Mashat hails relations between Egypt, UK

    Date: 2025-03-12 10:39:20 GMT - Egypt - Economy - SN:13 - ID:11099718

    CAIRO, March 12 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat asserted the strength of relations between Egypt and the UK at the trade and investment levels, saying that the volume of trade ....

  • Petroleum minister, Halliburton CEO discuss fostering cooperation on drilling projects

    Date: 2025-03-11 20:33:15 GMT - Egypt - Economy - SN:62 - ID:11099255

    CAIRO, March 11 (MENA) – Minister of Petroleum and Mineral Resources Karim Badawi has held a bilateral session of talks with CEO of oilfield services firm Halliburton Co Jeff Miller on the sidelines of the 2025 CERAweek by S&P Global in Houston, in ....

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