Economy

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  • Category : Economy
  • Efforts underway to continue enhancing effectiveness of transport sector, says minister

    Date: 2025-04-16 20:00:47 GMT - Egypt - Economy - SN:49 - ID:11141898

    CAIRO, April 16 (MENA) - Minister of Planning, Economic Development, and International Cooperation Rania el Mashat has presented the targets of the transport sector within the draft 2025/2026 Economic and Social Development Plan, part of the ....

  • Egypt, Tunisia probe fostering economic, trade cooperation

    Date: 2025-04-16 19:57:45 GMT - Egypt - Economy - SN:48 - ID:11141907

    CAIRO, April 16 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib has emphasized the importance of promoting efforts to facilitate Egyptian products’ access to the Tunisian market, particularly high-quality goods that meet ....

  • French amb. celebrates launch of locally assembled Citroën C4X in Egypt

    Date: 2025-04-16 19:49:47 GMT - Egypt - Economy - SN:46 - ID:11141908

    CAIRO, April 16 (MENA) - French Ambassador to Egypt Eric Chevalier celebrated Wednesday the commercial launch of the locally assembled Citroën C4X in Egypt for the Egyptian market. The French embassy said on its X account the project supports the ....

  • CBE: Egyptian expats' remittances reach $20 bln in 7 months

    Date: 2025-04-16 18:37:42 GMT - Egypt - Economy - SN:42 - ID:11141887

    CAIRO, April 16 (MENA) – The Central Bank of Egypt (CBE) revealed that remittances from Egyptians abroad reached $20 billion during the first seven months of fiscal year 2024/2025, compared to $11 billion in the same period last year, recording an ....

  • All EGX indices down, benchmark decreases 0.49 pct

    Date: 2025-04-16 18:20:05 GMT - Egypt - Economy - SN:39 - ID:11141894

    CAIRO, April 16 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Wednesday's trading, amid sales by local and foreign institutions and investment funds as well as Arab and foreign investors. Meanwhile, purchases ....

  • Egypt, Tunisia discuss beefing up joint coop.

    Date: 2025-04-16 16:00:49 GMT - Egypt - Economy - SN:36 - ID:11141656

    CAIRO, April 16 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib has conferred with his Tunisian counterpart Samir Abdel Hafiz on ways to beef up joint cooperation. This came during a visit by Khatib to Tunisia. The two sides ....

  • Egypt’s banking sector contributes EGP 3.9bn to CSR projects in 2024: CBE

    Date: 2025-04-16 13:58:58 GMT - Egypt - Economy - SN:26 - ID:11141229

    CAIRO, April 16 (MENA) - Egypt’s banking sector has contributed around 3.9 billion Egyptian pounds ($76.3 million) to community and development projects in 2024, with a strong focus on healthcare, education, and social welfare, the Central Bank of ....

  • SCA chief: 264 ships rerouted to Suez Canal since February 1

    Date: 2025-04-16 13:57:08 GMT - Egypt - Economy - SN:24 - ID:11141232

    ISMAILIA, Egypt, April 16 (MENA) - Chairman of the Suez Canal Authority (SCA) Osama Rabie said 264 ships have rerouted to transit the Suez Canal since February 1. In statements, he said he was committed to continuing efforts to achieve continuous ....

  • SCA, Grupo Tejedor Lazaro sign deal in fish farming

    Date: 2025-04-16 13:46:49 GMT - Egypt - Economy - SN:22 - ID:11141231

    ISMAILIA, Egypt, April 16 (MENA) - Suez Canal Aquaculture Company, a Suez Canal Authority (SCA) affiliate, signed a memorandum of understanding (MoU) with Spanish Suez Canal Aquaculture Company in fish farming management, with Prime Minister Mostafa ....

  • EU amb. lauds development projects in Suez Canal

    Date: 2025-04-16 11:07:54 GMT - Egypt - Economy - SN:13 - ID:11140943

    CAIRO, April 16 (MENA) - Head of the EU Delegation to Egypt Ambassador Angelina Eichhorst commended development projects in the Suez Canal that cope with the requirements of global trade. She made the remarks during a meeting on Wednesday with ....

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