Economy

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  • Category : Economy
  • OPEN// PM reviews strategic blueprints for building New Suez City, New Sphinx City

    Date: 2025-02-20 12:51:18 GMT - Egypt - Economy - SN:27 - ID:11075519

    CAIRO, Feb 20 (MENA) - Prime Minister Mostafa Madbouli on Thursday held a meeting to review the strategic blueprints for establishing New Suez City and New Sphinx City. The meeting was attended by Housing Minister Sherif El-Sherbiny, Suez ....

  • Petroleum min., Italian Tecnimont CEO probe implementation of SAF project

    Date: 2025-02-20 11:30:16 GMT - Egypt - Economy - SN:20 - ID:11075291

    CAIRO, Feb 20 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawy on Thursday discussed with Italian ambassador to Egypt Michele Quaroni and Chief Executive Officer and Cheif Operating Officer of Italian company Maire Tecnimont ....

  • Housing min., EBRD officials probe promoting cooperation

    Date: 2025-02-20 10:10:22 GMT - Egypt - Economy - SN:15 - ID:11075149

    CAIRO, Feb 20 (MENA) - Minister of Housing, Utilities and Urban Communities Sherif el Sherbiny on Thursday discussed with officials of the European Bank for Reconstruction and Development (EBRD) ways of enhancing cooperation. This came during a ....

  • Egypt secures $14bln for private sector in 4 years

    Date: 2025-02-20 07:36:15 GMT - Spain - Economy - SN:4 - ID:11075044

    MADRID, Feb 20 (MENA) - Egyptian Minister of Planning, Economic Development and International Cooperation Rania el Mashat asserted that the Egyptian state secured $14 billion for the private sector over four years. This has contributed to ....

  • Khatib: Volume of trade exchange between Egypt, Spain up to dlrs 3 bn

    Date: 2025-02-20 07:30:11 GMT - Spain - Economy - SN:3 - ID:11075073

    MADRID, Feb 20 (MENA) - Egyptian Foreign Trade and Investment Minister Hassan Khatib said the volume of trade exchange between Egypt and Spain rose to dlrs 3 billion. Speaking to Egypt's Extra News satellite channel on the fringe of the ....

  • Egypt, UAE explore future defense cooperation at IDEX 2025

    Date: 2025-02-19 18:19:14 GMT - Egypt - Economy - SN:59 - ID:11074115

    ABU DHABI/CAIRO, Feb 19 (MENA) - Minister of State for Military Production Mohamed Salah el Din Mustafa held discussions with UAE Minister of State for Defense Affairs Mohamed Mubarak Fadhel Al Mazrouei on the third day of the "IDEX 2025" ....

  • A $7 bln petrochemical complex to be set up in New Alamein city

    Date: 2025-02-19 16:47:53 GMT - Egypt - Economy - SN:48 - ID:11074488

    CAIRO, Feb 19 (MENA) - Egypt signed a framework deal with Shard Capital for the establishment of a seven-billion-dollar petrochemical complex in New Alamein city in northwest Egypt in partnership with Saudi's Al Qahtani Group, the ministry of ....

  • Egypt, France mull opportunities for Suez Canal, IMEC cooperation

    Date: 2025-02-19 15:54:49 GMT - Egypt - Economy - SN:42 - ID:11074261

    ISMAILIA, Egypt, Feb 19 (MENA) - Suez Canal Authority Chairman Osama Rabie met Wednesday with Gérard Mestrallet, French President Emmanuel Macron’s special envoy for the India-Middle East-Europe Economic Corridor (IMEC), to explore potential ....

  • EGX shows mixed performance at close of Wednesday's trading

    Date: 2025-02-19 14:30:24 GMT - Egypt - Economy - SN:31 - ID:11074197

    CAIRO, Feb 19 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday's trading session. The market capital gained EGP 7 billion, recording EGP 2.260 trillion with total transactions amounting to about EGP 37.2 ....

  • Egypt signs $13.5m in deals to boost crude oil production in Western Desert

    Date: 2025-02-19 14:20:44 GMT - Egypt - Economy - SN:36 - ID:11074114

    CAIRO, Feb 19 (MENA) - Egypt has signed two agreements worth $13.5 million to boost crude oil production at the Western Desert, as per a statement. During the Egypt Energy Show (EGYPES 2025), Minister of Petroleum and Mineral Resources Karim ....

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