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Economy
- Service : English General
- Category : Economy
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OPEN// Cabinet spokesman: Macroeconomic improved due to flexible exchange rate, reforms
Date: 2025-03-06 10:11:33 GMT - Egypt - Economy - SN:10 - ID:11092815
CAIRO, March 6 (MENA) - Cabinet Spokesman Mohamed el Homosany on Thursday said that the adoption of a flexible exchange rate system in 2024 has achieved stability in the foreign exchange market and monetary policies and helped in ending the parallel ....
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Gas-bearing layer discovered at exploratory well offshore north Alexandria
Date: 2025-03-06 04:51:43 GMT - Egypt - Economy - SN:1 - ID:11092588
CAIRO, March 6 (MENA) - The Ministry of Petroleum and Mineral Resources announced that preliminary results from the “Fayoum-5” exploratory well, located in the North Alexandria area off the northwest coast of the Mediterranean Sea showed the ....
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EU seeks to enhance economic cooperation with Egypt - official
Date: 2025-03-05 22:04:07 GMT - Egypt - Economy - SN:59 - ID:11092536
CAIRO, March 5 (MENA) - Stefano Sannino, Director for the Middle East, North Africa, and the Gulf at the European Commission, underlined the importance of further strengthening economic cooperation between Egypt and the European Union. During his ....
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Egypt, EU seek to strengthen ties, boost economic cooperation
Date: 2025-03-05 21:05:40 GMT - Egypt - Economy - SN:55 - ID:11092436
CAIRO, March 5 (MENA) - Assistant Foreign Minister for European Affairs Ambassador Wael Hamed emphasized the need to maintain open communication between Egypt and Europe to strengthen their longstanding partnership built on decades of trust and ....
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Egypt, Russia eye stronger economic cooperation
Date: 2025-03-05 19:26:49 GMT - Egypt - Economy - SN:50 - ID:11092311
CAIRO, March 5 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib reaffirmed Egypt's commitment to supporting foreign investments and providing incentives for Russian investors, underlining the importance of strengthening economic ....
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Bourse shows mixed performance at close of trading
Date: 2025-03-05 18:19:34 GMT - Egypt - Economy - SN:44 - ID:11092308
CAIRO, March 5 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday’s trading session. That was attributed to sales by institutions and Arab, local and foreign investment funds against purchases by Arab, ....
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Military production minister: We work on developing Industry to support national economy
Date: 2025-03-05 12:51:53 GMT - Egypt - Economy - SN:27 - ID:11091867
CAIRO, March 5 (MENA) - Minister of State for Military Production Mohamed Salaheddin Mostafa said on Wednesday that his ministry has been working on developing local industry to support national economy. During a tour of Heliopolis Chemical ....
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World Bank lauds UELDP as pioneering example for economic growth, job creation
Date: 2025-03-05 11:52:20 GMT - Egypt - Economy - SN:23 - ID:11091635
CAIRO, March 5 (MENA) - Local Development Minister Manal Awad said the World Bank has recently published a report on its website highlighting the great successes realized by the Upper Egypt Local Development Program (UELDP). The World Bank hailed ....
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Mashat: Supporting sustainable development initiatives with 1.8 bn euros in investment guarantees from EFSD+
Date: 2025-03-05 11:34:31 GMT - Egypt - Economy - SN:21 - ID:11091546
CAIRO, March 5 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat stressed the importance of the “Investment Guarantees for Development Mechanism” to explore mechanisms for engaging private sector ....
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Tourism min. opens Egyptian pavilion at ITB Berlin 2025
Date: 2025-03-05 08:12:16 GMT - Egypt - Economy - SN:10 - ID:11091410
CAIRO, March 5 (MENA) - Minister of Tourism and Antiquities, Sherif Fathi opened the Egyptian pavilion participating in the Berlin Tourist Exchange (ITB Berlin 2025) in the German capital, Berlin. ITB Berlin 2025 activities kickstarted Wednesday ....
