Economy

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  • Category : Economy
  • Petroleum minister, IEA executive director probe bolstering cooperation

    Date: 2025-03-11 19:45:29 GMT - Egypt - Economy - SN:60 - ID:11099251

    CAIRO, March 11 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi held a bilateral session of talks with Executive Director of the International Energy Agency (IEA) Fatih Birol on the sidelines of the 2025 CERAweek by S&P Global in ....

  • House approves Spanish grant worth 500,000 euros to recycle waste water at sugar plants

    Date: 2025-03-11 14:15:22 GMT - Egypt - Economy - SN:33 - ID:11098799

    CAIRO, March 11 (MENA) - The House of Representatives approved during a session under first deputy speaker Ahmed Saad Eddin on Tuesday presidential decree No. 6. of 2025 on exchanged letters related to a grant worth 500,000 euros offered to Egypt by ....

  • Egypt keen to increase private sector's contribution to GDP – Min.

    Date: 2025-03-11 13:54:59 GMT - Egypt - Economy - SN:27 - ID:11098703

    CAIRO, March 11 (MENA) – Egypt is keen to be a main player in the mining sector as the Petroleum and Mineral Resources Ministry aims to increase the contribution of the private sector to the gross domestic product (GDP) to 5-6%, Petroleum and ....

  • Egypt leases LNG floating regasification unit in Germany

    Date: 2025-03-11 13:45:07 GMT - Egypt - Economy - SN:26 - ID:11098557

    CAIRO, March 11 (MENA) - Petroleum and Mineral Resources Minister Karim Badawi discussed with Philipp Steinberg, the Director General for Economic Stabilization, Energy Security, Gas and Hydrogen Infrastructure at the Federal Ministry for Economic ....

  • Egypt is important energy hub for ME, Africa, Europe – Min.

    Date: 2025-03-11 13:30:36 GMT - Egypt - Economy - SN:24 - ID:11098427

    CAIRO, March 11 (MENA) – Egypt plays a great role as an important energy hub linking between the Middle East, Africa and Europe, Petroleum and Mineral Resources Minister Karim Badawy said. The minister's remarks came during his participation at ....

  • SCZone: 252 ships carrying 4 mn tons handled in northern ports last February

    Date: 2025-03-11 13:17:45 GMT - Egypt - Economy - SN:22 - ID:11098614

    PORT SAID, Egypt, March 11 (MENA) - The Suez Canal Economic Zone (SCZone) announced that the ports of east and west Port Said and Al Arish in the northern area recorded a strong inflow of ships last February with a movement of total of 252 vessels ....

  • EGX shows mixed performance at close of Tuesday's trading

    Date: 2025-03-11 12:25:25 GMT - Egypt - Economy - SN:16 - ID:11098776

    CAIRO, March 11 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Tuesday's trading session, amid selling operations by Arab and foreign institutions and investment funds and Arab and foreign investors, against ....

  • Investment min., green energy investors probe setting up promising development projects

    Date: 2025-03-11 10:35:22 GMT - Egypt - Economy - SN:11 - ID:11098488

    CAIRO, March 11 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib on Tuesday emphasized government's commitment to supporting investments in the fields of renewable energy and digital infrastructure. The minister highlighted ....

  • OPEN// PM: Timeline to be set for implementing export development recommendations

    Date: 2025-03-10 17:42:36 GMT - Egypt - Economy - SN:49 - ID:11097867

    CAIRO, March 10 (MENA) - Prime Minister Mostafa Madbouli said Monday that the document presented by the advisory committee for export development represents a significant step in supporting Egyptian exports. During a meeting with the committee, ....

  • CBE: Annual inflation rate declines to 10% in February 2025

    Date: 2025-03-10 17:30:23 GMT - Egypt - Economy - SN:48 - ID:11097813

    CAIRO, March 10 (MENA) - The Central Bank of Egypt (CBE) announced Monday a decline in the annual inflation rate, reaching 10% in February 2025, compared to 22.6% in January 2025. In a statement, the CBE explained that the monthly core consumer ....

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