Economy

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  • Category : Economy
  • Petroleum min., UK's Capricorn Energy discuss company's activities in Western Desert

    Date: 2025-04-18 18:19:09 GMT - Egypt - Economy - SN:26 - ID:11144305

    CAIRO, April 18 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawy on Friday discussed with Executive Director of the UK's Capricorn Energy Randy Neely and the company's Regional Director Eleanor Rowley the company's exploration ....

  • Egypt, BP discuss gas exploration plans

    Date: 2025-04-18 17:07:56 GMT - Egypt - Economy - SN:23 - ID:11144244

    CAIRO, April 18 (MENA) - Minister of Petroleum and Mineral Wealth Karim Badawi met Friday with Executive Vice President of British Petroleum (BP) for Gas and Low Carbon Energy William Lin, Regional President for the Middle East and North Africa ....

  • OPEN// All forms of support offered to lure new oil drilling investments – Min.

    Date: 2025-04-18 12:57:10 GMT - Egypt - Economy - SN:18 - ID:11144159

    CAIRO, April 18 (MENA) – The Ministry of Petroleum and the Egyptian General Petroleum Corporation (EGPC) are always keen to offer all forms of support to attract new investments on oil and natural gas-related activities, Minister of Petroleum and ....

  • Finance min.: Growth rates up from 2.5% to 3.9% in six months in 2024

    Date: 2025-04-18 10:06:38 GMT - Egypt - Economy - SN:15 - ID:11143845

    CAIRO, April 18 (MENA) – The economic situation in Egypt has been getting better, as evidenced by growth rates that went up from 2.5% to 3.9% during the period from July to December 2024, Finance Minister Ahmed Kouchouk said Friday. The ....

  • Egypt, Greek Energean mull accelerating Mediterranean's gas production

    Date: 2025-04-17 16:52:50 GMT - Egypt - Economy - SN:45 - ID:11143130

    CAIRO, April 17 (MENA) - Petroleum and Mineral Resources Minister Karim Badawi met Thursday with Mathios Rigas, CEO of Greek Energean PLC, along with the company’s officials in Egypt. The meeting mulled accelerating cooperation in the company’s ....

  • OPEN// PM directs EGP 3 billion payment to settle cotton farmers’ dues

    Date: 2025-04-17 16:51:58 GMT - Egypt - Economy - SN:44 - ID:11143274

    CAIRO, April 17 (MENA) - Prime Minister Mostafa Madbouli announced that he has directed the Finance Ministry to disburse EGP 3 billion in outstanding payments to cotton farmers next week, covering approximately 300,000 qintars that had not yet been ....

  • OPEN// Egypt signs key contracts for phase 1 of Red Sea petrochemicals complex

    Date: 2025-04-17 15:14:38 GMT - Egypt - Economy - SN:40 - ID:11143092

    CAIRO, April 17 (MENA) - Prime Minister Mostafa Madbouli attended Thursday the signing ceremony of a package of contracts awarded to the Egyptian-Chinese joint venture tasked with executing the basic design works for phase one of the Red Sea ....

  • All EGX indices up at end of week trading

    Date: 2025-04-17 14:50:06 GMT - Egypt - Economy - SN:36 - ID:11142960

    CAIRO, April 17 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Thursday's trading despite sales by Arab and foreign investors’ sales. The market capital closed at EGP 2.203 trillion after transactions totaled ....

  • Finance minister: Egypt open to all investors

    Date: 2025-04-17 14:07:00 GMT - Egypt - Economy - SN:35 - ID:11142979

    CAIRO, April 17 (MENA) - A meeting of the Asian Ambassadors’ Group was held at the residence of the Turkish ambassador in Cairo with Finance Minister Ahmed Kouchouk attending as a guest of honor and keynote speaker in the meeting. The event was ....

  • Kima ferrosilicon plant reopens after 5-year halt

    Date: 2025-04-17 13:24:44 GMT - Egypt - Economy - SN:31 - ID:11142731

    CAIRO, April 17 (MENA) - The Public Business Ministry announced the re-operation of the ferrosilicon plant of the Egyptian Chemical Industries (KIMA) in Aswan which affiliated to the Chemical Industries Holding Company, after a five-year ....

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