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Economy
- Service : English General
- Category : Economy
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Egypt's transformative, extractive industries index rises 3.9% in March 2025: CAPMAS
Date: 2025-05-24 11:08:03 GMT - Egypt - Economy - SN:14 - ID:11191585
CAIRO, May 24 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) announced a 3.9% increase in the transformative and extractive industries production index, reaching 120.47 in March 2025 compared to 115.93 in February ....
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Cabinet denies reports of mango juice import-export imbalance
Date: 2025-05-24 06:15:58 GMT - Egypt - Economy - SN:4 - ID:11191335
CAIRO, May 24 (MENA) – A senior Egyptian official has denied widely circulated social media claims that Egypt exported $113 million worth of mangoes in 2024 while importing $234 million worth of mango juice, calling the information “completely ....
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Petroleum min. stresses processing phosphate locally
Date: 2025-05-23 17:39:45 GMT - Egypt - Economy - SN:34 - ID:11190933
CAIRO, May 23 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi reaffirmed on Friday the importance of processing mineral ores locally, most particularly phosphate, rather than exporting them as raw materials to maximize the added ....
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IMF praises Egypt’s economic reform progress
Date: 2025-05-23 15:06:10 GMT - Egypt - Economy - SN:29 - ID:11191053
CAIRO, May 23 (MENA) - Director of Communications at the International Monetary Fund (IMF) Julie Kozack praised the Egyptian government's efforts. Egypt has made clear progress in its macroeconomic reform program, with clear improvements in ....
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Investment minister, Modon Properties review updates on Ras El Hekma
Date: 2025-05-23 15:03:17 GMT - Egypt - Economy - SN:28 - ID:11190937
CAIRO, May 23 (MENA) - Investment and Foreign Trade Minister Hassan El-Khatib met Friday with Managing Director and Board Member of Modon Properties Holding Abdullah Al-Sahi to review updates on the Ras El Hekma project and other developments the ....
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Investment minister explores cooperation opportunities with Abu Dhabi Aviation
Date: 2025-05-23 13:54:17 GMT - Egypt - Economy - SN:25 - ID:11190914
CAIRO, May 23 (MENA) - Investment and Foreign Trade Minister Hassan El Khatib emphasized the importance of the government’s efforts to provide more facilitations for investors through a set of reforms in fiscal, monetary, and trade ....
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Innovation, entrepreneurship key drivers in overcoming middle-income trap, says minister
Date: 2025-05-23 13:52:26 GMT - Egypt - Economy - SN:24 - ID:11190713
CAIRO, May 23 (MENA) - Minister of Planning, Economic Development and International Cooperation, and Egypt’s Governor at the Islamic Development Bank Group (IsDB), Rania el Mashat, said that innovation and entrepreneurship are key drivers in ....
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Economic stability, private sector reform key to sustainable development, says Egypt’s planning min.
Date: 2025-05-23 10:47:24 GMT - Algeria - Economy - SN:17 - ID:11190708
ALGIERS, May 23 (MENA) - Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat highlighted that macroeconomic stability is essential for growth, but must be paired with structural reforms to empower the ....
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Egypt in talks with Saudi Arabia on strengthening agricultural, food safety cooperation
Date: 2025-05-23 10:16:46 GMT - Egypt - Economy - SN:15 - ID:11190510
CAIRO, May 23 (MENA) - Minister of Agriculture and Land Reclamation Alaa Farouk emphasized the importance of increasing Gulf, particularly Saudi, investment in Egypt’s agricultural sector, noting the recent steps taken by Egypt to improve the ....
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Egypt explores expanded coop. in renewable energy and electricity infrastructure with Switzerland
Date: 2025-05-23 09:49:40 GMT - Egypt - Economy - SN:12 - ID:11190507
CAIRO, May 23 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat discussed with Swiss Ambassador to Egypt Andreas Baum ways of strengthening cooperation and attracting further Swiss investment to Egypt’s electricity sector, ....
