Economy

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  • Category : Economy
  • 30 containers, cargo ships handled at Damietta Port

    Date: 2025-01-01 16:26:26 GMT - Egypt - Economy - SN:22 - ID:11012434

    DAMIETTA, Egypt, Jan 1 (MENA) – As many as 30 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Wednesday, the Damietta Port Authority said that the total volume of exported goods ....

  • PM: Private sector investments grow to 63.5% in FY 2024-2025

    Date: 2025-01-01 15:45:01 GMT - Egypt - Economy - SN:20 - ID:11012385

    NEW ADMINISTRATIVE CAPITAL, Jan 1 (MENA) - Prime Minister Moustafa Madbouli Wednesday said that investments of the private sector have amounted to 63.5 percent of the state's total investments during the first quarter of the current fiscal year ....

  • Madbouli: Gov. seeks to support economic stability, cub inflation

    Date: 2025-01-01 13:17:55 GMT - Egypt - Economy - SN:15 - ID:11012196

    CAIRO, Jan 1 (MENA) - There are directives issued by President Abdel Fattah El Sisi to coordinate between the Central Bank of Egypt and the Ministry of Finance on monetary policies to enhance economic stability, said Prime Minister Mostafa Madbouli ....

  • Cabinet approves plan on preparing roadmap to curb methane gas emissions in Egypt

    Date: 2025-01-01 12:56:57 GMT - Egypt - Economy - SN:13 - ID:11012195

    CAIRO, Jan 1 (MENA) - The Cabinet approved during its weekly meeting Wednesday under Prime Minister Mostafa Madbouli a presidential bill on an agreement about preparing a roadmap to curb methane gas emissions in Egypt. The approval came days ....

  • Egypt's food industries exports hit $5.5bn within 11 months of 2024

    Date: 2025-01-01 10:53:33 GMT - Egypt - Economy - SN:10 - ID:11011898

    CAIRO, Jan 1 (MENA) - Egyptian food industries exports increased by 17% from January until November in 2024, reaching dlrs 5.5 billion, compared to exports during the same period in 2023, which were approximately dlrs 4.7 billion, marking the ....

  • Egypt launches new electronic application to combat mobile phone smuggling

    Date: 2024-12-31 23:35:26 GMT - Egypt - Economy - SN:53 - ID:11011730

    CAIRO, Dec 31 (MENA) - The Finance Ministry and the Ministry of Communications and Information Technology launched a new electronic mechanism to combat mobile phone smuggling and help localize the mobile phone industry. A joint statement by both ....

  • Finance Ministry: Total public expenditure hit EGP 124 bln in July-November of FY 2024-25

    Date: 2024-12-31 21:48:22 GMT - Egypt - Economy - SN:51 - ID:11011576

    CAIRO, Dec 31 (MENA) - The Finance Ministry announced that the total public expenditure in the general budget increased by nearly EGP 124 billion from July to November in the FY 2024/2025 to register EGP 1.3 trillion, compared to EGP 1.2 trillion in ....

  • Tax revenues rise to EGP 714.3 bln in 5 months: Finance ministry

    Date: 2024-12-31 21:30:51 GMT - Egypt - Economy - SN:48 - ID:11011579

    CAIRO, Dec 31 (MENA) - Tax revenues rose by about 38.4%, or EGP 198.3 billion, during the period between July and November of Fiscal Year 2024/2025, to reach EGP 714.3 billion, compared to EGP 516 billion during the same period of the previous year. ....

  • Private investments in Egypt surge 30% in Q1 FY 2024-25

    Date: 2024-12-31 20:43:37 GMT - Egypt - Economy - SN:46 - ID:11011600

    CAIRO, Dec 31 (MENA) – The Ministry of Planning, Economic Development and International Cooperation said that private investments in Egypt rose by 30% during the first quarter of the 2024/2025 fiscal year, reaching EGP 133.1 billion and accounting ....

  • Egypt's bourse gains EGP 450 bln in 2024

    Date: 2024-12-31 19:53:37 GMT - Egypt - Economy - SN:42 - ID:11011584

    CAIRO, Dec 31 (MENA) - The Egyptian Exchange (EGX) gained nearly EGP 450 billion from transactions conducted in 2024, where the market capital recorded about EGP 2.169 trillion, compared to EGP 1.719 trillion in 2023, marking an increase of ....

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