Economy

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  • Category : Economy
  • Petroleum Ministry: Production of 60 mn cubic feet per day from new well in Zohr field begins

    Date: 2025-06-27 13:22:18 GMT - Egypt - Economy - SN:30 - ID:11235802

    CAIRO, June 27 (MENA) - The offshore drilling rig Saipem 10000 has successfully completed the sidetrack drilling operation of the “Zohr-6” well adding approximately 60 million cubic feet per day of natural gas to current production rates in a ....

  • Agriculture min. reaffirms Egypt's technical support to Africa

    Date: 2025-06-27 13:02:36 GMT - Italy - Economy - SN:28 - ID:11235798

    ROME, June 27 (MENA) - Egypt's Minister of Agriculture and Land Reclamation Alaa Farouq reaffirmed the directives of the country’s political leadership to provide comprehensive technical assistance to African nations. He underscored Egypt’s ....

  • Egypt committed to cementing agricultural coop. with Africa, Europe – Min.

    Date: 2025-06-27 12:08:28 GMT - Italy - Economy - SN:24 - ID:11235644

    ROME, June 27 (MENA) – Minister of Agriculture and Land Reclamation, Alaa Farouk, reaffirmed Egypt’s commitment to strengthening cooperation with African neighbors and European partners to build more efficient, inclusive, and sustainable ....

  • Social solidarity min., WB delegation discuss 10 years of 'Takaful and Karama' achievements

    Date: 2025-06-27 11:42:36 GMT - Egypt - Economy - SN:21 - ID:11235666

    CAIRO, June 27 (MENA) - Minister of Social Solidarity Maya Morsy received a delegation from the World Bank (WB)’s biannual monitoring mission as part of the regular monitoring process for the conditional cash transfer program "Takaful and ....

  • Chairman of Elevate Hospitals Group: 70% of services at "Gustave Roussy – Cairo Hospital" directed toward Egyptians

    Date: 2025-06-27 11:08:19 GMT - Egypt - Economy - SN:19 - ID:11235646

    CAIRO, June 27 (MENA) - Chairman of the Board of Elevate Hospitals Group Tarek Moharram said Friday 70% of the services at “Gustave Roussy – Cairo Hospital” (formerly Al-Salam Hermel) are fully allocated to the state-funded treatment system, health ....

  • Union of Arab Chambers' head: Volume of trade between UK, Arab World hits £74 bn

    Date: 2025-06-27 10:01:28 GMT - Egypt - Economy - SN:14 - ID:11235579

    CAIRO, June 27 (MENA) - Secretary-General of the Union of Arab Chambers (UAC) Khaled Hanafy said Friday volume of trade between the UK and the Arab world exceeds £74 billion, noting that the Gulf Cooperation Council (GCC) countries alone account ....

  • Egypt discusses investment opportunities with US companies

    Date: 2025-06-26 21:16:41 GMT - Egypt - Economy - SN:44 - ID:11235314

    CAIRO, June 26 (MENA) – Minister of Public Business Sector Mohamed Shimi held meetings with leading US companies and financial institutions during the US-Africa Business Summit currently held in Luanda, Angola, to explore investment opportunities in ....

  • Egypt among top 10 African Countries in foreign reserves

    Date: 2025-06-26 21:16:02 GMT - Nigeria - Economy - SN:43 - ID:11235313

    ABUJA, June 26 (MENA) – Egypt was listed among the top 10 African countries with the highest increase in foreign currency reserves, according to the African Trade Report 2025 released by Afreximbank during its annual meetings in Abuja. The report ....

  • Investment Minister: Egypt’s auto industry sees strategic transformation

    Date: 2025-06-26 14:49:34 GMT - Egypt - Economy - SN:35 - ID:11235049

    CAIRO, June 26 (MENA) – Minister of Investment and Foreign Trade Hassan el Khatib said Egypt’s automotive sector is going through a structural transformation focused on increasing local production, integrating clean technologies, and expanding value ....

  • Egypt leads MENA region in startup funding with $125m raised in May 2025 - Cabinet

    Date: 2025-06-26 13:39:46 GMT - Egypt - Economy - SN:31 - ID:11235029

    CAIRO, June 26 (MENA) - Egypt has emerged as the leading destination for startup investments in the Middle East and North Africa (MENA) region, securing $125 million across eight deals in May 2025, according to a recent infographic by the Egyptian ....

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