Economy

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  • Category : Economy
  • Mashat: EBRD’s €13.8B investments in Egypt signal continued confidence in its economic resilience

    Date: 2025-05-05 15:32:32 GMT - Egypt - Economy - SN:32 - ID:11165777

    CAIRO, May 5 (MENA) - With over €13.8 billion invested in Egypt’s economy since 2012—more than 86% of it directed to the private sector — the European Bank for Reconstruction and Development (EBRD) is a significant strategic partner, Rania ....

  • EBRD president: Egypt’s economy is one of the most dynamic and active economies in the region

    Date: 2025-05-05 14:58:58 GMT - Egypt - Economy - SN:28 - ID:11165826

    CAIRO, May 5 (MENA) - President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso emphasized the importance of Egypt as a key country for the bank’s operations, pointing out that the Egyptian economy is one of the ....

  • OPEN// PM reviews progress of government IPO program

    Date: 2025-05-05 14:50:52 GMT - Egypt - Economy - SN:27 - ID:11165743

    CAIRO, May 5 (MENA) - Prime Minister Mostafa Madbouli on Monday chaired a high-level meeting to follow up on the latest developments in the implementation of the Egyptian government’s IPO (Initial Public Offering) program. The meeting was ....

  • Communications min. heads to Japan to attend SusHi Tech Tokyo 2025

    Date: 2025-05-05 14:20:17 GMT - Egypt - Economy - SN:26 - ID:11165733

    CAIRO, May 5 (MENA) - Minister of Communications and Information Technology Amr Talaat on Monday headed to Japan's capital, Tokyo, on a three-day visit to take part in the SusHi Tech Tokyo 2025, which is Asia's largest startup conference. On the ....

  • OPEN// PM says Egypt eyes continuing cooperation with EBRD

    Date: 2025-05-05 13:36:05 GMT - Egypt - Economy - SN:21 - ID:11165599

    CAIRO, May 5 (MENA) - Prime Minister Mostafa Madbouli said Egypt looks forward to continuing cooperation with the European Bank for Reconstruction and Development (EBRD), for being one of main supporters of the existing strategic partnership with ....

  • New state-backed partnership to boost agri-equipment access

    Date: 2025-05-05 12:57:58 GMT - Egypt - Economy - SN:18 - ID:11165604

    CAIRO, May 5 (MENA) - Minister of State for Military Production Mohamed Salah El Din Mostafa and Minister of Agriculture and Land Reclamation Alaa Farouk attended Monday the signing ceremony of an executive agreement by the National Authority for ....

  • El Sewedy Electric acquires 60% stake in Thomassen Service

    Date: 2025-05-05 12:30:06 GMT - Egypt - Economy - SN:15 - ID:11165483

    CAIRO, May 5 (MENA) - El Sewedy Electric S.A.E. (EGX: SWDY.CA)—a premier Integrated Energy and Infrastructure Solutions Provider in Europe, the Middle East, and Africa—has acquired a 60% (sixty percent) stake in Thomassen Service, consisting of its ....

  • Bourse posts collective losses at close of Monday's trading

    Date: 2025-05-05 12:16:54 GMT - Egypt - Economy - SN:13 - ID:11165556

    CAIRO, May 5 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Monday's trading session, on the back of selling operations by Arab institutions, as well as Arab and local investors, against purchases by local and foreign ....

  • EU amb. to MENA: 2nd tranche of EU package for Egypt to be disbursed in weeks

    Date: 2025-05-05 10:12:50 GMT - Egypt - Economy - SN:9 - ID:11165111

    ASWAN, Egypt, May 5 (MENA) - European Union (EU) Ambassador Angelina Eichhorst on Monday said that a €4 billion second tranche of a larger €7.4 billion macro-financial assistance (MFA) package for Egypt is due to be disbursed within a few weeks. ....

  • ICT min.: cybersecurity is collective responsibility involving all members of society

    Date: 2025-05-04 16:42:02 GMT - Egypt - Economy - SN:51 - ID:11164582

    CAIRO, May 4 (MENA) - Minister of Communications and Information Technology Amr Talaat emphasized that cybersecurity is a collective responsibility involving all members of society, underlining the importance of coordinated efforts to build a secure ....

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