Economy

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  • Category : Economy
  • Strategic reserves of basic commodities sufficient for over 6 months: Supply min.

    Date: 2025-02-04 21:14:27 GMT - Egypt - Economy - SN:63 - ID:11054622

    CAIRO, Feb 4 (MENA) - Supply and Internal Trade Minister Sherif Farouk said on Tuesday Egypt’s strategic reserves of basic commodities are safe and sufficient for over six months. Meanwhile, the government continues to boost these reserves and ....

  • Gov't keen on supporting serious investors: Industry minister

    Date: 2025-02-04 20:44:29 GMT - Egypt - Economy - SN:60 - ID:11054623

    CAIRO, Feb 4 (MENA) - The government is keen on providing all necessary support to serious investors seeking to increase their investments in the Egyptian market, affirmed Deputy Prime Minister for Industrial Development and Minister of Transport ....

  • We are keen on securing maritime transportation needs: SCA chief

    Date: 2025-02-04 20:08:03 GMT - Egypt - Economy - SN:55 - ID:11054613

    ISMAILIA, Egypt, Feb 4 (MENA) - The Suez Canal Authority (SCA) is to keen on securing the needs of the maritime transportation industry by adopting a bold vision for effective and holistic development of its maritime and logistical services, SCA ....

  • Aviation min. discusses airports overhaul with UK firms

    Date: 2025-02-04 19:56:10 GMT - Egypt - Economy - SN:54 - ID:11054775

    CAIRO, Feb 4 (MENA) – Minister of Civil Aviation Sameh el Hefny met with leading UK and international firms to discuss partnerships in developing airport infrastructure, sustainability, and technical support. During the visit, talks covered ....

  • OPEN/ PM reviews main features, targets of FY 2025-26 draft budget

    Date: 2025-02-04 17:39:13 GMT - Egypt - Economy - SN:37 - ID:11054448

    CAIRO, Feb 4 (MENA) - The government announced that the draft budget for the upcoming fiscal year (2025-2026) includes more financial support for social protection programs “Takaful and Karama," as well as allocations for the second phase of the ....

  • Egypt VC Summit 'crucial' in creating supportive climate for investors: Investment min.

    Date: 2025-02-04 17:19:23 GMT - Egypt - Economy - SN:36 - ID:11054601

    CAIRO, Feb 4 (MENA) - The current period represents a transitional phase to shift from state management of the economy over the period of 10 years, to enabling the private sector to lead the economic development process, affirmed Investment and ....

  • OPEN/ PM: Gov't approves measures to boost startup growth, investment

    Date: 2025-02-04 17:16:00 GMT - Egypt - Economy - SN:35 - ID:11054544

    CAIRO, Feb 4 (MENA) – Prime Minister Mostafa Madbouli reaffirmed the government’s commitment to strengthening Egypt’s startup ecosystem and positioning the country as a leading destination for innovation and investment. During a meeting of the ....

  • Electricity min. discusses expanding energy cooperation with China

    Date: 2025-02-04 16:07:10 GMT - Egypt - Economy - SN:30 - ID:11054384

    CAIRO, Feb 4 (MENA) – Minister of Electricity and Renewable Energy Mahmoud Esmat discussed expanding cooperation with Chinese companies during a meeting with Egypt’s newly appointed Ambassador to China, Khaled Nazmi. The talks covered hydropower ....

  • Egypt's bourse shows mixed performance at close of Tuesday's trading

    Date: 2025-02-04 14:26:33 GMT - Egypt - Economy - SN:25 - ID:11054382

    CAIRO, Feb 4 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Tuesday's trading session. The market capital lost about EGP 6 billion to register EGP 2.209 trillion. The EGX 30 benchmark index declined 0.29 ....

  • Egypt ranked among 10 African countries with best digital quality of life

    Date: 2025-02-04 12:08:02 GMT - South Africa - Economy - SN:18 - ID:11053931

    AFRICAN CAPITAL, Feb 4 (MENA) - Egypt was ranked among top 10 best African countries with best digital quality of life, according the 2024 Surfshark Digital Quality of Life Index (DQL). Egypt was ranked the fourth in Africa and the 79th globally, ....

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