Economy

  • Service : English General
  • Category : Economy
  • Labor min, GIZ delegation discuss files of mutual concern

    Date: 2025-03-04 14:34:01 GMT - Egypt - Economy - SN:30 - ID:11090478

    CAIRO, March 4 (MENA) - Minister of Labor Mohamed Gobran discussed with a delegation from the German Agency for International Cooperation (GIZ) promoting cooperation in joint files within the framework of the Labor Market Access Project ....

  • Bourse indices go down at closing of Tuesday’s trading session

    Date: 2025-03-04 14:31:53 GMT - Egypt - Economy - SN:29 - ID:11090479

    CAIRO, March 4 (MENA) - Egyptian Exchange (EGX) indices declined at the close of Tuesday’s trading session, backed by sales of Arab and foreign institutions and investment funds and Arab investors. The market capital lost about EGP 9 billion to ....

  • Egypt’s foreign reserves rise to $47.39 bln in February 2025

    Date: 2025-03-04 14:31:20 GMT - Egypt - Economy - SN:28 - ID:11090475

    CAIRO, March 4 (MENA) - The Central Bank of Egypt (CBE) announced an increase in net international reserves, reaching $47.393 billion at the end of February 2025, up from $47.265 billion in January, marking a rise of $128 million. According to ....

  • ICT minister mulls investment opportunities with global companies

    Date: 2025-03-04 14:27:58 GMT - Egypt - Economy - SN:25 - ID:11090086

    CAIRO, March 4 (MENA) - Minister of Communications and Information Technology Amr Talaat has discussed investment opportunities with a number of global companies. The minister held meetings with senior officials of international companies on the ....

  • Suez embraces biggest hybrid renewable energy project in ME, Africa

    Date: 2025-03-04 14:01:33 GMT - Egypt - Economy - SN:17 - ID:11090225

    CAIRO, March 4 (MENA) – TAQA Arabia company announced that it is collaborating with the French company Voltalia to develop the first hybrid renewable energy project in the Middle East and Africa, with a capacity of 3.2 gigawatts. The project, ....

  • OPEN// PM reviews green hydrogen, ammonia project in Gulf of Suez

    Date: 2025-03-04 13:15:50 GMT - Egypt - Economy - SN:22 - ID:11090361

    CAIRO, March 4 (MENA) - Prime Minister Mostafa Madboui chaired a high-level meeting on Tuesday to review a proposed project for producing green hydrogen and ammonia in the Gulf of Suez. The meeting was attended by Deputy Prime Minister for ....

  • OPEN// PM follows up on progress of IPO program

    Date: 2025-03-04 12:32:40 GMT - Egypt - Economy - SN:19 - ID:11090149

    CAIRO, March 4 (MENA) - Prime Minister Mostafa Madbouli presided Tuesday over a meeting of the government to follow up on the implementation progress of the initial public offering (IPO) program. The meeting was attended by Minister of ....

  • Planning min.: Egyptian economy becomes more stable, predictable despite global challenges

    Date: 2025-03-04 11:29:01 GMT - Egypt - Economy - SN:16 - ID:11090145

    CAIRO, March 4 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said Tuesday Egyptian economy has become more stable and predictable, despite global challenges. In an interview with CNN's Middle ....

  • 8 OPEC+ countries to up oil production April 1

    Date: 2025-03-03 20:59:03 GMT - Austria - Economy - SN:64 - ID:11089696

    VIENNA, March 3 (MENA) - Eight oil-producing countries in the OPEC+ decided to gradually return to the voluntary adjustments of 2.2 million barrels per day, starting April 1st. This came during a meeting of the eight OPEC+ member states, which ....

  • EBRD, CBE launch national SME champions program

    Date: 2025-03-03 18:26:53 GMT - Egypt - Economy - SN:56 - ID:11089501

    CAIRO, March 3 (MENA) - The European Bank for Reconstruction and Development (EBRD) and the Central Bank of Egypt (CBE) have launched a national program for SME champions in partnership with local financial institutions, including the Export ....

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