Economy
- Service : English General
- Category : Economy
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Egypt, Morocco discuss enhancing Arab, African economic integration
Date: 2025-06-26 12:51:12 GMT - Egypt - Economy - SN:28 - ID:11234962
CAIRO, June 26 (MENA) - Egypt’s Minister of Public Business Sector Mohamed el Shimi met with Moroccan Investment Minister Karim Zidan to discuss enhancing cooperation and Arab and African economic integration. The meeting took place on the ....
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SCZone: Egyptian diplomacy key to promoting investment projects
Date: 2025-06-26 11:26:35 GMT - Egypt - Economy - SN:23 - ID:11234688
CAIRO, June 26 (MENA) – General Authority for the Suez Canal Economic Zone (SCZone) Chairman Waleid Gamal el Dein said that the Egyptian diplomacy plays a pivotal role in promoting investment projects of the SCZone at the international level. The ....
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New gas well with 40 MMscf/d production now operational- Petroleum Ministry
Date: 2025-06-26 10:48:49 GMT - Egypt - Economy - SN:19 - ID:11234807
CAIRO, June 26 (MENA) - Burullus Gas Company, in partnership with Shell and Petronas, has successfully placed the "Sienna DE" development well on the production map three days ahead of schedule. This marks the first well in the eleventh phase ....
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EDA head to MENA: Egypt leads pharmaceutical localization in Africa, ME
Date: 2025-06-26 10:32:58 GMT - Egypt - Economy - SN:16 - ID:11234611
CAIRO, June 26 (MENA) - Egyptian Drug Authority (EDA) Chairman Ali el Ghamrawy Thursday said that Egypt is leading pharmaceutical manufacturing across Africa and the Middle East, with a record ratio of pharmaceutical local manufacturing of 94 ....
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Petroleum Minister follows up on gradual resumption of gas supplies to industrial sectors
Date: 2025-06-26 10:31:04 GMT - Egypt - Economy - SN:15 - ID:11234781
CAIRO, June 26 (MENA) - Petroleum Minister Karim Badwi underlined on Thursday the importance of intensive efforts that were exerted over the past period and continued coordination between the ministry and other bodies concerned as part of the fourth ....
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Public business minister says Egypt ready to transfer its urban experiment to Angola
Date: 2025-06-26 10:15:34 GMT - Egypt - Economy - SN:13 - ID:11234760
CAIRO, June 26 (MENA) - Public Business Sector Mohamed el Shimi said on Thursday Egypt has many major and leading companies operating in the contracting, infrastructure, construction and real estate domains, both public and private ones. He ....
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Initial surplus up by 3.4% in 11 months: Finance ministry
Date: 2025-06-25 19:47:55 GMT - Egypt - Economy - SN:64 - ID:11233869
CAIRO, June 25 (MENA) - The primary surplus in the State's general budget went up significantly during the July-May period to reach EGP 580.4 billion, equivalent to 3.4% of the gross domestic product (GDP), compared to 2.3% for the same period last ....
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OPEN// PM: Production, local market needs our top priority since onset of Iran-Israel crisis
Date: 2025-06-25 19:15:30 GMT - Egypt - Economy - SN:63 - ID:11233960
NEW ALAMEIN, Egypt, June 25 (MENA) - Egypt has been working around the clock since the onset of the Iran-Israel crisis, forming a crisis management committee to follow up on the situation and monitor the availability of all strategic commodities, ....
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OPEN// PM: Egypt ranked 9th globally in attracting FDIs according to int'l report
Date: 2025-06-25 19:09:50 GMT - Egypt - Economy - SN:62 - ID:11234016
NEW ALAMEIN CITY, June 25 (MENA) - Prime Minister Mostafa Madbouli said on Wednesday that an international report indicated that Egypt ranked 9th globally in 2024 in terms of attracting foreign direct investments (FDIs), after previously ranking ....
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Finance min.: EGP 685.7 bln increase in public expenditures in 11 months
Date: 2025-06-25 17:24:58 GMT - Egypt - Economy - SN:57 - ID:11233892
CAIRO, June 25 (MENA) - The Ministry of Finance said Wednesday that total public expenditures in the budget increased by about EGP 685.7 billion, or 25.2%, in July to May of the current fiscal year (FY), recording EGP 3.408 trillion, compared to EGP ....