Economy

  • Service : English General
  • Category : Economy
  • 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 ....

  • PM follows up on state's efforts to promote investment opportunities

    Date: 2025-03-02 12:12:41 GMT - Egypt - Economy - SN:24 - ID:11087843

    CAIRO, March 2 (MENA) - Prime Minister Mostafa Madbouli met on Sunday with Minister of Investment and Foreign Trade Hassan El Khatib to discuss a number of files related to investment and foreign trade. Khatib posted Madbouli on the outcome of ....

  • ICT minister leaves for Spain to participate in MWC Barcelona 2025

    Date: 2025-03-02 11:42:56 GMT - Egypt - Economy - SN:23 - ID:11087803

    CAIRO, March 2 (MENA) - Minister of Communications and Information Technology Amr Talaat headed on Sunday to Spain to participate in the Mobile World Congress (MWC) 2025 in Barcelona. The event will be attended by decision-makers, state senior ....

  • Banks, bourse begin new working, closing hours as of Sunday on occasion of Ramadan

    Date: 2025-03-01 17:30:34 GMT - Egypt - Economy - SN:32 - ID:11087252

    CAIRO, March 1 (MENA) - Starting Sunday banks operating in the Egyptian market will begin working according to new timings during the holy fasting month of Ramadan, which began Saturday. The Central Bank of Egypt has set the working hours for ....

  • Egypt, Morocco discuss strengthening economic ties

    Date: 2025-02-28 18:23:32 GMT - Egypt - Economy - SN:34 - ID:11086251

    CAIRO/RABAT, Feb 28 (MENA) - Minister of Investment and Foreign Trade Hassan El-Khatib has paid a visit to Morocco, where he discussed with Moroccan Minister of Industry and Trade Ryad Mezzour ways of strengthening joint economic ties and a number ....

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