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Economy
- Service : English General
- Category : Economy
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Suez Canal Authority reaffirms safety measures amid rising insurance costs
Date: 2025-05-29 11:58:49 GMT - Egypt - Economy - SN:29 - ID:11198994
ISMAILIA, Egypt, May 29 (MENA) – Egypt’s Suez Canal Authority (SCA) said it remains fully committed to ensuring navigational safety and maintaining a secure transit environment, as maritime safety indicators show improved performance, including a ....
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Egypt preparing to join 2025 China SME Fair as guest of honor, showcasing 88 enterprises
Date: 2025-05-29 11:55:22 GMT - Egypt - Economy - SN:27 - ID:11199008
CAIRO, May 29 (MENA) – Egypt will be the guest of honor at the 20th China International SME Fair (CISMEF) in Guangzhou from June 27–30, 2025, and is preparing itself for the event under a cooperation agreement signed Thursday between the Micro, ....
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Egypt’s drug authority, Sanofi discuss local production, strategic medicine access
Date: 2025-05-29 11:50:15 GMT - Egypt - Economy - SN:26 - ID:11199176
CAIRO, May 29 (MENA) – The Egyptian Drug Authority (EDA) and pharmaceutical giant Sanofi discussed expanding cooperation on localizing drug manufacturing and ensuring the availability of strategic medicines, the EDA said in a statement on ....
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IT minister: 'Digital Pioneers' initiative is open to all youths with no conditions
Date: 2025-05-29 11:44:35 GMT - Egypt - Economy - SN:24 - ID:11199040
CAIRO, May 29 (MENA) - Minister of Communications and Information Technology Amr Talaat confirmed that his meeting with President Abdel Fattah El Sisi focused on the latest developments in the “Digital Pioneers” initiative, which represents a ....
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CBE's governor congratulates Khaled Sherif for becoming Executive Director for Egypt, Djibouti at AfDB
Date: 2025-05-29 11:36:44 GMT - Egypt - Economy - SN:20 - ID:11199045
CAIRO, May 29 (MENA) - Hassan Abdalla, the Governor of the Central Bank of Egypt and Egypt’s representative at the African Development Bank Group (AfDB), congratulated Khaled Sherif on his election as Executive Director for Egypt and Djibouti at the ....
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Orange Egypt secures $80 mln loan from EBRD, Banque Misr to launch 5G services
Date: 2025-05-28 20:54:01 GMT - Egypt - Economy - SN:58 - ID:11198235
CAIRO, May 28 (MENA) – Orange Egypt has secured a joint loan of $80 million from the European Bank for Reconstruction and Development (EBRD) and Banque Misr to support its 5G license acquisition and network development. The financing includes €39 ....
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Egypt to receive first shipments from Cyprus' Cronos gas in 2027: Petroleum min.
Date: 2025-05-28 20:53:52 GMT - Egypt - Economy - SN:57 - ID:11198201
CAIRO, May 28 (MENA) – Egypt is expected to receive its first natural gas shipments from Cyprus' Cronos gas field as early as 2027, Minister of Petroleum and Mineral Resources Karim Badawi said, describing the agreement signed in this regard as ....
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12 deals signed at $631M total investments: Petroleum min.
Date: 2025-05-28 18:52:22 GMT - Egypt - Economy - SN:55 - ID:11198199
CAIRO, May 28 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi announced Wednesday the signing of 12 agreements in FY 2024-2025, with total investments amounting to $631 million. This is part of the ministry's plans to increase ....
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Egypt's gas reserves rise to 1.3 trillion cubic feet within 11 months - minister
Date: 2025-05-28 18:01:15 GMT - Egypt - Economy - SN:53 - ID:11198250
CAIRO, May 2 (MENA) - Egypt drilled 75 wells between July 2024 and May 2025, resulting in 40 oil and gas discoveries, Petroleum and Mineral Resources Minister Karim Badawi said on Wednesday. Speaking at a press conference, Badawi said 69 of the ....
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Cairo Chamber of Commerce to host Egypt–Russia business forum tomorrow
Date: 2025-05-28 16:12:37 GMT - Egypt - Economy - SN:44 - ID:11197967
CAIRO, May 28 (MENA) – The Cairo Chamber of Commerce, headed by Ayman el Ashry, will hold the Egypt–Russia Economic Forum on Thursday to discuss ways to expand trade and investment between the two countries. The forum coincides with a visit by a ....
