Economy

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  • Category : Economy
  • SCZone signs dlrs 20 million deal to establish Turkish textile plant in Qantara West

    Date: 2025-06-23 17:02:18 GMT - Egypt - Economy - SN:60 - ID:11230271

    CAIRO, June 23 (MENA) - Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal Eldin said that efforts are being stepped up to attract new investments in strategic sectors targeted for localization, in line with the ....

  • Investment min. stresses need to strengthen strategic partnership with China amid global economic volatility

    Date: 2025-06-23 13:04:53 GMT - Egypt - Economy - SN:32 - ID:11229851

    CAIRO, June 23 (MENA) - Minister of Investment and Foreign Trade Hassan El-Khatib stressed the importance of strengthening comprehensive cooperation with the People’s Republic of China across all levels and sectors, particularly by advancing the ....

  • Bourse indices up at close of Monday's trading

    Date: 2025-06-23 12:47:39 GMT - Egypt - Economy - SN:31 - ID:11229912

    CAIRO, June 23 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Monday transactions prompted by purchases by local investment funds and institutions and foreign investors against sales by foreign and Arab institutions ....

  • CBE: Egyptian expats' remittances hit $29.4 bln in 10 months

    Date: 2025-06-23 09:33:59 GMT - Egypt - Economy - SN:11 - ID:11229424

    CAIRO, June 23 (MENA) - The Central Bank of Egypt (CBE) announced that remittances of Egyptians abroad recorded an unprecedented historic leap reaching 77.1% during a ten-month period to hit 29.4 billion dollars between July 2024-April 2024, ....

  • EECE: Egyptian engineering exports up by 17% in 5 months

    Date: 2025-06-23 07:55:29 GMT - Egypt - Economy - SN:9 - ID:11229306

    CAIRO, June 23 (MENA) - Engineering exports have increased by 17 percent in the period between January and May 2025, recording 2.6 billion dollars, compared with 2.3 billion dollars during the same period in 2024, according to a report issued by the ....

  • MCIT discusses investment expansion with hi-tech giants in Rome

    Date: 2025-06-22 18:26:11 GMT - Italy - Economy - SN:80 - ID:11228876

    ROME, June 22 (MENA) - Egypt's ICT Minister Amr Talaat discussed investment expansions in Egypt with hi-tech business leaders in Rome. He met with CEO of Engineering Group Aldo Bisio to explore prospects for joint cooperation in digital skills ....

  • Egypt's chemical, fertilizer exports rise 18% in first four months of 2025

    Date: 2025-06-22 17:04:13 GMT - Egypt - Economy - SN:73 - ID:11228814

    CAIRO, June 22 (MENA) – Egypt’s chemical and fertilizer exports rose 18% year-on-year in the first four months of 2025, reaching $3.14 billion, up from $2.73 billion in the same period last year, the Export Council for Chemicals and Fertilizers said ....

  • Bourse indices up at close of Sunday's trading

    Date: 2025-06-22 16:46:28 GMT - Egypt - Economy - SN:69 - ID:11228794

    CAIRO, June 22 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Sunday transactions, prompted by purchases by local investment funds and institutions and Arab and foreign investors, against sales by Arab and foreign ....

  • Investment min. heads for China for boosting economic relations

    Date: 2025-06-22 15:12:50 GMT - Egypt - Economy - SN:58 - ID:11228706

    CAIRO, June 22 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib headed for China on a key visit that aims at deepening economic ties, boosting bilateral trade and expanding joint investments. The visit will include stops in ....

  • Egypt highlights urban development progress, pushes investment in New Alamein

    Date: 2025-06-22 13:34:05 GMT - Egypt - Economy - SN:50 - ID:11228590

    CAIRO, June 22 (MENA) – Housing, Public Utilities and Urban Communities Minister Sherif El-Sherbiny on Sunday praised President Abdel Fattah El Sisi’s vision for comprehensive urban development amid regional challenges, citing major progress under ....

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