Economy

  • Service : English General
  • Category : Economy
  • GAFI's chairman discusses investment cooperation with Hong Kong

    Date: 2025-05-21 12:46:00 GMT - Egypt - Economy - SN:23 - ID:11187714

    CAIRO, May 21 (MENA) - Hossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI), said that the law drafted by the Egyptian government regarding central financial and business zones aims to create an environment luring ....

  • 17,000 tons of goods handled at Red Sea ports

    Date: 2025-05-21 06:40:07 GMT - Egypt - Economy - SN:5 - ID:11187497

    HURGHADA, Egypt, May 21 (MENA) - Some 17,000 tons of goods were handled at Red Sea ports over the past 24 hours. In a statement released on Wednesday, the Red Sea Port Authority (RSPA) said, the total volume of exported goods from the port ....

  • OPEN// PM: Egypt eyes greater coop. with China to localize EV manufacturing

    Date: 2025-05-20 19:00:05 GMT - Egypt - Economy - SN:62 - ID:11187077

    CAIRO, May 20 (MENA) - The Egyptian state attaches great importance to localizing the electric vehicle manufacturing, and is looking forward to cooperating with China on such an important file, especially in light of China's position as an EV market ....

  • Investment min. meets Arab trade leaders in Berlin

    Date: 2025-05-20 17:06:15 GMT - Egypt - Economy - SN:52 - ID:11186925

    CAIRO, May 20 (MENA) – Minister of Investment and Foreign Trade Hassan el Khatib met with heads of Arab chambers of commerce in Germany to discuss Egypt’s economic reforms and investment opportunities. The meeting, chaired by the Secretary General ....

  • EgyptAir signs agreement with SITA to advance digital infrastructure

    Date: 2025-05-20 17:03:25 GMT - Egypt - Economy - SN:51 - ID:11186632

    CAIRO, May 20 (MENA) - EgyptAir Holding Company Chairman and CEO Ahmed Adel witnessed the signing of a strategic partnership agreement with SITA, a global leader in air transport technology, to modernize its communications systems and support its ....

  • OPEN// PM witnesses signing of $123 mln agreement to manufacture Jetour vehicles in Egypt

    Date: 2025-05-20 16:57:21 GMT - Egypt - Economy - SN:50 - ID:11186923

    CAIRO, May 20 (MENA) - Prime Minister Mostafa Madbouly attended Tuesday the official signing ceremony of an industrial agreement between the global automotive company Jetour and the Egyptian-based El-Kasrawy Group, aiming to manufacture and assemble ....

  • Finance min. underscores private sector’s role in bridging financing gap, advancing green economy

    Date: 2025-05-20 15:57:12 GMT - Egypt - Economy - SN:44 - ID:11186613

    CAIRO, May 20 (MENA) - Minister of Finance Ahmed Kouchouk underscored the pivotal role of the private sector in bridging the financing gap between Egypt’s current capacities and its developmental aspirations. Speaking during his participation in ....

  • Egypt embarks on a new economic narrative to foster stability, investment, minister says

    Date: 2025-05-20 15:16:32 GMT - Egypt - Economy - SN:40 - ID:11186643

    CAIRO, May 20 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat highlighted the transformational impact of Egypt’s evolving economic strategy. This came during her participation in the closing ....

  • SCZONE, Chinese company ink contract of $17 mln investments

    Date: 2025-05-20 14:34:29 GMT - Egypt - Economy - SN:36 - ID:11186631

    CAIRO, May 20 (MENA) - Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal el Din signed a contract with the Chinese company "Haitex", which specializes in the production of decorative fabrics and furnishings. ....

  • Petroleum ministry: Radisys to conduct seismic survey using new technology to support exploration activities

    Date: 2025-05-20 14:26:06 GMT - Egypt - Economy - SN:34 - ID:11186720

    CAIRO, May 20 (MENA) - The Ministry of Petroleum and Mineral Resources announced an agreement with Radisys Egypt to implement a two-dimensional seismic survey project using land node technology for the first time. This initiative aligns with the ....

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