Economy

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  • Category : Economy
  • OPEN// PM reviews economic development plans, structural reforms

    Date: 2025-03-03 15:23:34 GMT - Egypt - Economy - SN:43 - ID:11089276

    CAIRO, March 3 (MENA) - Prime Minister Mostafa Madbouli chaired a high-level meeting Monday to discuss key economic and development files with Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat and other ....

  • Egypt's food exports to UK hit $86 million in 2024 - FEC

    Date: 2025-03-03 13:33:26 GMT - Egypt - Economy - SN:30 - ID:11089080

    CAIRO, March 3 (MENA) - Egypt's food exports to the United Kingdom surged by 19% in 2024, reaching $86 million compared to $72 million in 2023, the Food Export Council (FEC) revealed Monday. Frozen fruits led the list of Egyptian food exports to ....

  • Banque Misr issues new savings certificate with 27% variable annual interest rate

    Date: 2025-03-03 13:32:02 GMT - Egypt - Economy - SN:29 - ID:11089127

    CAIRO, March 3 (MENA) - Banque Misr has launched a three-year savings certificate; Youmaty, with a variable annual interest rate of 27%. Paid daily, the rate is priced based on the corridor deposit rate minus 0.25%. The certificate is ....

  • Egypt launches int'l bid for oil, gas exploration

    Date: 2025-03-03 13:08:35 GMT - Egypt - Economy - SN:27 - ID:11089040

    CAIRO, March 3 (MENA) - The Ministry of Petroleum and Mineral Resources on Monday announced launching a new International Bid Round for Oil and Gas Exploration for the year 2025 in seven undeveloped fields in the Mediterranean and six exploration ....

  • Bourse indices up at closing of Monday's trading session

    Date: 2025-03-03 12:35:31 GMT - Egypt - Economy - SN:25 - ID:11089062

    CAIRO, March 3 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Monday's trading session, backed by purchases by foreign institutions and investment funds against sales by local and Arab institutions and Arab ....

  • Egypt, EU seal €90mn loan for enhancing food resilience

    Date: 2025-03-03 12:03:21 GMT - Egypt - Economy - SN:23 - ID:11088846

    CAIRO, March 3 (MENA) - Egypt and the EU Commission on Monday signed a loan worth €90 million for the project "Egypt Food Resilience", supported by the EU and the European Investment Bank. The agreement was signed by Minister of Planning, ....

  • With investment of dlrs 4.5 mln, SCZONE signs contract for 'Gold Star Fashion' project in Qantara West Industrial Zone

    Date: 2025-03-03 11:52:24 GMT - Egypt - Economy - SN:22 - ID:11088893

    CAIRO, March 3 (MENA) - Chairman of the General Authority of the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din and chairman of China's Gold Star Fashion Ltd. Han ShiQin signed on Monday a contract to set up a project for manufacturing ....

  • OPEN// PM reviews progress of cotton trading system, directs accelerating payments of framers' dues

    Date: 2025-03-02 15:27:40 GMT - Egypt - Economy - SN:36 - ID:11088152

    CAIRO, March 2 (MENA) - Prime Minister Moustafa Madbouli on Sunday reviewed progress achieved by state's cotton trading system, affirming keenness on supporting farmers and expediting the payment of their dues, particularly regarding the cotton ....

  • Bourse shows mixed performance at first trading session in Ramadan

    Date: 2025-03-02 13:48:13 GMT - Egypt - Economy - SN:32 - ID:11087987

    CAIRO, March 2 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance Sunday at the close of first trading session in the holy month of Ramadan. The performance was attributed to sales by institutions and Arab and foreign investment ....

  • Public Business sector min., Turkey's Polaris Parks delegation probe boosting cooperation

    Date: 2025-03-02 12:37:25 GMT - Egypt - Economy - SN:25 - ID:11087747

    CAIRO, March 2 (MENA) - Minister of Public Business Sector Mohamed Shemi on Sunday discussed with a delegation of Turkish company Polaris Parks for industrial land development cooperation in development and management of industrial zones, in line ....

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