Economy

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  • Category : Economy
  • UK amb.: Egypt-UK ties are historic, broad-based

    Date: 2025-06-17 13:12:10 GMT - Egypt - Economy - SN:29 - ID:11221758

    CAIRO, June 17 (MENA) – The United Kingdom’s Ambassador to Egypt, Gareth Bayley, reaffirmed the longstanding and multifaceted ties between Egypt and the UK, highlighting Egypt’s position as one of the region’s most promising hubs for ....

  • House approves bill on state ownership of companies

    Date: 2025-06-17 13:01:30 GMT - Egypt - Economy - SN:27 - ID:11221759

    CAIRO, June 17 (MENA) – The House of Representatives, under Speaker Hanafy Gebaly, has finally approved a bill on enacting a law to regulate some articles on the state ownership of companies. During its plenary session on Tuesday, the house ....

  • Bourse indices down at close of Tuesday's trading

    Date: 2025-06-17 12:53:40 GMT - Egypt - Economy - SN:25 - ID:11221813

    CAIRO, June 17 (MENA) - Egyptian Exchange (EGX) indices declined at the close of Tuesday trading session prompted by sales by Egyptian and foreign investment funds and institutions against purchases by Egyptian, Arab and foreign investors as well as ....

  • House approves bills on economic development plan, budget

    Date: 2025-06-17 11:44:28 GMT - Egypt - Economy - SN:23 - ID:11221681

    CAIRO, June 17 (MENA) – The House of Representatives, under Speaker Hanafy Gebaly, has finally approved bills on economic and social development plans and budgets for the fiscal year 2025/26. During its plenary session on Tuesday, the approvals ....

  • ASY launches first tugboat “Ismailia 1” for Suez Canal Authority

    Date: 2025-06-17 11:06:36 GMT - Egypt - Economy - SN:19 - ID:11221437

    CAIRO, June 17 (MENA) – Commander of the Egyptian Navy and Chairman of the Marine Industries and Services Organization, Ashraf Atwa, and Chairman of the Suez Canal Authority (SCA), Osama Rabie, attended on Tuesday the launching ceremony of the first ....

  • OPEN// PM witnesses inking of MoU to expand branded hotel and residential investments

    Date: 2025-06-17 10:45:55 GMT - Egypt - Economy - SN:18 - ID:11221451

    CAIRO, June 17 (MENA) - Prime Minister Mostafa Madbouli witnessed on Tuesday the signing ceremony of a strategic Memorandum of Understanding (MoU) between ADD real estate company, a subsidiary of Sami Saad Holding Group, and Hyatt Hotels ....

  • Uzbek official to MENA: Significant leap in Egyptian-Uzbek economic ties since Sisi's visit in 2018

    Date: 2025-06-17 09:24:02 GMT - Egypt - Economy - SN:11 - ID:11221152

    Tashkent, June 17 (MENA) – Economic ties between Egypt and Uzbekistan have witnessed a remarkable leap since President Abdel Fattah El Sisi’s historic visit to Tashkent in 2018, said Acting Director Investment Promotion Agency Mansurjon Rasulev on ....

  • Agriculture min.: Egypt eyes stronger cultural, scientific cooperation with int'l organizations

    Date: 2025-06-17 08:52:57 GMT - Egypt - Economy - SN:10 - ID:11221206

    CAIRO, June 17 (MENA) - Agriculture and Land Reclamation Minister Alaa Farouq on Tuesday affirmed Egypt’s growing commitment to strengthening cultural and scientific cooperation with international organizations. He expressed his ministry's strong ....

  • 51,000 tons of goods handled at Red Sea ports

    Date: 2025-06-17 07:10:31 GMT - Egypt - Economy - SN:6 - ID:11221163

    HURGHADA, Egypt, June 17 (MENA) - Some 51,000 tons of goods were handled at Red Sea ports. In a statement released Tuesday, the media center of the Red Sea Ports Authority (RSPA) said the total trade volume of imported goods into the port ....

  • Egypt to see investments pour in once reforms implemented - IFC

    Date: 2025-06-16 18:55:55 GMT - Egypt - Economy - SN:57 - ID:11220788

    CAIRO, June 16 (MENA) - Managing Director of the International Finance Corporation (IFC), the private sector arm of the World Bank Group, Makhtar Diop stressed that now is an ideal time for reforms in Egypt. "Now is an ideal time for reforms in ....

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