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Economy
- Service : English General
- Category : Economy
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OPEN// Egypt’s central bank governor leads delegation to AfDB annual meetings in Abidjan
Date: 2025-05-28 02:44:17 GMT - Egypt - Economy - SN:2 - ID:11196927
CAIRO/ABIDJAN, May 28 (MENA) – Central Bank of Egypt (CBE) Governor Hassan Abdalla is heading the country’s official delegation to African Development Bank (AfDB) annual meetings in Abidjan, Côte d'Ivoire. Running from May 26 to 30, the event, ....
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IMF upgrades its forecast for Egypt's growth rate to 3.8 percent during FY24/25
Date: 2025-05-27 22:02:24 GMT - Egypt - Economy - SN:78 - ID:11196902
CAIRO, May 27 (MENA) - Head of the IMF mission in Egypt Vladkova Hollar stressed on Tuesday that Egypt has made substantial progress toward macroeconomic stability. "Growth is expected to continue strengthening, and we upgraded our forecast for ....
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OPEN// PM: Gov't open to exceptional incentives for advanced tech industries
Date: 2025-05-27 18:54:10 GMT - Egypt - Economy - SN:61 - ID:11196590
CAIRO, May 27 (MENA) – Prime Minister Mostafa Madbouli said that the government gives strong priority to localizing advanced technology industries and is open to offering exceptional incentives to companies with high local content and export ....
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Parliament approves €61.5 million deal to expand Gabal El Asfar wastewater treatment plant
Date: 2025-05-27 18:35:32 GMT - Egypt - Economy - SN:59 - ID:11196765
CAIRO, May 27 (MENA) - The House of Representatives approved on Monday a €61.5 million (EGP 3.47 billion) grant agreement to support the third phase of the Gabal El Asfar wastewater treatment plant, one of the largest facilities of its kind in the ....
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Egypt steps up livestock supply, abattoir readiness ahead of Eid al-Adha
Date: 2025-05-27 17:42:09 GMT - Egypt - Economy - SN:52 - ID:11196041
CAIRO, May 27 (MENA) – The Agriculture and Land Reclamation Ministry is ramping up efforts ahead of Eid al-Adha to ensure meat quality and availability, spokesperson Mohamed El-Qersh said on Tuesday. Veterinary teams have been deployed across ....
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OPEN// PM says government committed to cutting external debt, attracting more FDI
Date: 2025-05-27 17:37:04 GMT - Egypt - Economy - SN:51 - ID:11196578
CAIRO, May 27 (MENA) – Prime Minister Mostafa Madbouly reaffirmed the government’s commitment to reducing external debt sustainably over the medium and long term, while stepping up efforts to attract new foreign direct investment (FDI) across key ....
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Egypt keen to foster coop. with African countries in aviation domains – Min.
Date: 2025-05-27 17:24:19 GMT - Egypt - Economy - SN:50 - ID:11195823
CAIRO, May 27 (MENA) – Egypt is keen to strengthen cooperation with African countries through sharing experience and boosting human and technical efficiency, Minister of Civil Aviation Sameh El Hefni said Tuesday. The minister’s remarks came ....
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Mashat discusses with DPG development coop.
Date: 2025-05-27 16:16:33 GMT - Egypt - Economy - SN:45 - ID:11195634
CAIRO, May 27 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania al-Mashat met Tuesday with UN Resident Coordinator Elena Panova and Head of Cooperation at the European Union (EU) Delegation in Egypt Sophie ....
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Parliament approves €61.5 mln deal for expansion of major wastewater plant
Date: 2025-05-27 16:10:30 GMT - Egypt - Economy - SN:43 - ID:11196614
CAIRO, May 27 (MENA) – The House of Representatives on Tuesday approved a presidential decree endorsing a €61.5 million agreement with the French Development Agency (AFD) and the European Union to finance the third phase of the Gabal El Asfar ....
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Egypt, Bulgaria see trade surge as int’l cooperation minister promises closer economic ties
Date: 2025-05-27 16:06:25 GMT - Egypt - Economy - SN:42 - ID:11196503
CAIRO, May 27 (MENA) – Planning, Economic Development and International Cooperation Minister Rania Al-Mashat said trade with Bulgaria rose sharply from $81.3 million in 2019 to over $234 million in 2023, reflecting stronger economic ties. In a ....
