Economy

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  • Petroleum min. inaugurates TAQA’s operations center in Katameya

    Date: 2025-05-27 09:44:57 GMT - Egypt - Economy - SN:14 - ID:11195452

    CAIRO, May 27 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi on Tuesday inaugurated the new integrated operations center of Saudi company TAQA in in Katameya district, Cairo governorate. The center will serve as a key hub for ....

  • CAPQ head to MENA: New markets open for Egypt's agro exports

    Date: 2025-05-27 07:01:15 GMT - Egypt - Economy - SN:8 - ID:11195421

    Cairo, May 27 (MENA) – The Ministry of Agriculture and Land Reclamation has succeeded in opening up new markets for the Egyptian produce, thanks to strenuous efforts aimed at boosting the agricultural exports, said Head of the Central Administration ....

  • 13,000 tons of goods handled at Red Sea ports

    Date: 2025-05-27 06:38:24 GMT - Egypt - Economy - SN:7 - ID:11195381

    HURGHADA, Egypt, May 27 (MENA) - Some 13,000 tons of goods were handled at Red Sea ports over the past 24 hours. In a statement released on Tuesday, the Red Sea Port Authority (RSPA) said, the total volume of exported goods from the port amounted ....

  • Egypt working for eliminating all non-tariff barriers with US: Investment min. to CNN

    Date: 2025-05-26 19:14:09 GMT - USA - Economy - SN:56 - ID:11195106

    WASHINGTON, May 26 (MENA) - Minister of Investment and Foreign Trade Hassan Al-Khatib said Egypt has a high competitive advantage that enables it to become an industrial and export hub, thanks to its privileged location at the crossroads of three ....

  • OPEN// Sisi: Egypt has infrastructure, legislation luring more investment

    Date: 2025-05-26 17:58:13 GMT - Egypt - Economy - SN:54 - ID:11195085

    CAIRO, May 26 (MENA) - President Abdel Fattah El Sisi said Monday Egypt is an excellent opportunity for investors, as it is a large market and enjoys a sound infrastructure and legislation that encourages investment. During his meeting with the ....

  • Banque Misr cuts EGP deposit yields, halts USD certificates after CBE rate cut

    Date: 2025-05-26 15:34:47 GMT - Egypt - Economy - SN:50 - ID:11194883

    CAIRO, May 26 (MENA) – Banque Misr announced it will halt issuance of its prepaid USD-denominated “Al-Qimma” certificates paid in Egyptian pounds and cut yields on local-currency savings products by 1%, following the Central Bank of Egypt (CBE) ....

  • Egypt, Germany sign €21 mln debt swap deal

    Date: 2025-05-26 15:22:59 GMT - Egypt - Economy - SN:47 - ID:11194569

    CAIRO, May 26 (MENA) – Egypt and Germany signed a €21 million debt swap agreement aimed at improving sustainable and renewable energy supply, Planning, Economic Development and International Cooperation Minister Rania Al-Mashat said. The deal, ....

  • Planning min.: Cyber-security indispensable for protecting individuals, property, national security

    Date: 2025-05-26 14:48:35 GMT - Egypt - Economy - SN:46 - ID:11194654

    CAIRO, May 26 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania al Mashat said that cyber threats are increasingly jeopardizing information security, making cyber-security indispensable for protecting ....

  • Finance minister stresses vital role of cybersecurity in Egypt’s digital transformation

    Date: 2025-05-26 14:43:13 GMT - Egypt - Economy - SN:43 - ID:11194708

    CAIRO, May 26 (MENA) - Minister of Finance Ahmed Kouchouk emphasized the need for a comprehensive cybersecurity system in light of the ongoing digital transformation. Such a step is not optional if data protection and information confidentiality ....

  • Petroleum min. inspects Sokhna ports arrangements for receiving LNG regasification vessels

    Date: 2025-05-26 14:37:07 GMT - Egypt - Economy - SN:42 - ID:11194525

    CAIRO, May 26 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi on Monday inspected SUMED and Sonker ports in Ain Sokhna to oversee preparations to receive and dock floating regasification vessels loaded with imported liquefied ....

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