Economy

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  • Category : Economy
  • Austrian tourist arrivals in Egypt return to pre-pandemic levels - ambassador

    Date: 2025-01-16 16:37:38 GMT - Austria - Economy - SN:53 - ID:11029612

    VIENNA, Jan 16 (MENA) - Egyptian Ambassador in Vienna Mohamed Nasr asserted the number of Austrian tourist arrivals in Egypt has returned to pre-pandemic levels He added that there are good bridges of communication with tourists and travel ....

  • Egypt, IMO discuss preparations for opening regional office

    Date: 2025-01-16 16:29:02 GMT - Egypt - Economy - SN:52 - ID:11029620

    ALEXANDRIA, Egypt, Jan 16 (MENA) - Chairman of the Board of Directors of the Alexandria Port Authority Ahmed Abdel Moati Hawash on Thursday met a delegation of the International Maritime Organization (IMO), as they discussed ongoing preparations for ....

  • State keen on developing petroleum sector, Madbouli says

    Date: 2025-01-16 16:13:05 GMT - Egypt - Economy - SN:48 - ID:11029716

    CAIRO, Jan 16 (MENA) - Prime Minister Mostafa Madbouli reiterated on Thursday the state's interest in developing the petroleum sector and keenness to provide more incentives and facilities for various investors in the promising oil and gas industry ....

  • Petroleum min. discusses cooperation in mining sector with British industry min.

    Date: 2025-01-16 15:20:49 GMT - Egypt - Economy - SN:44 - ID:11029639

    CAIRO/RIYADH, Jan 16 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawy confirmed that regulatory amendments are under way to attract more investments to the mining sector, in addition to developing a digital platform to showcase and ....

  • Mashat inaugurates 9th Egypt-EU Subcommittee on Transport, Environment, Energy

    Date: 2025-01-16 14:54:34 GMT - Egypt - Economy - SN:42 - ID:11029334

    CAIRO, Jan 16 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat inaugurated the 9th Egypt-EU Subcommittee on Transport, Environment, and Energy on Thursday. The meeting, led by the Ministry of ....

  • Cabinet okays new initiative to support priority industrial sectors

    Date: 2025-01-16 13:57:34 GMT - Egypt - Economy - SN:34 - ID:11029384

    CAIRO, Jan 16 (MENA) - The cabinet, under Prime Minister Mostafa Madbouli, on Thursday approved a new initiative to support priority industrial sectors. The initiative is meant to encourage companies to expand into priority industries, through ....

  • Bourse indexes up at close of Thursday trading

    Date: 2025-01-16 13:26:05 GMT - Egypt - Economy - SN:31 - ID:11029434

    CAIRO, Jan 16 (MENA) - Egyptian Exchange (EGX) indexes went up at the close of Thursday's trading driven by purchases by Arab and foreign investment institutions and funds as well as foreign, Arab and local investors. Profits hit EGP 19 billion, ....

  • PM attends inking of usufruct deal of electric arc furnace between Kima, Al Sharq

    Date: 2025-01-16 11:47:13 GMT - Egypt - Economy - SN:21 - ID:11029022

    CAIRO, Jan 16 (MENA) - Prime Minister Moustafa Madbouli Thursday attended the inking of a contract for the usufruct and operation of an electric arc furnace (EAF) to produce silicon-manganese alloys between the Egyptian Chemical Industries Company ....

  • Petroleum min. probes Chevron’s expansion plans in Egypt

    Date: 2025-01-16 11:28:19 GMT - Egypt - Economy - SN:18 - ID:11029249

    CAIRO, Jan 16 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi emphasized that Egypt possesses promising investment opportunities in the oil and gas sector, thanks to the availability of comprehensive geological data and the ....

  • EBRD marks year of record investment in Egypt in 2024 at 1.4 bn euros

    Date: 2025-01-16 09:38:22 GMT - United Kingdom - Economy - SN:11 - ID:11029045

    LONDON, Jan 16 (MENA) - Egypt was the primary recipient of European Bank for Reconstruction and Development (EBRD) 2024 investment in the southern and eastern Mediterranean (SEMED) region, with new commitments to 26 projects totalling more than €1.4 ....

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