Economy

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  • Category : Economy
  • IMF expects Egypt's economy to grow by 4.1% in 2025

    Date: 2025-01-17 18:36:56 GMT - Egypt - Economy - SN:45 - ID:11030939

    CAIRO, Jan 17 (MENA) - The International Monetary Fund expected Egypt's economy will grow by 4.1% in 2025, compared to 3.6% in 2024. The projected growth is driven by a package of structural reforms introduced by the Egyptian government and the ....

  • Drilling at the Nefertari well completed - Petroleum Ministry

    Date: 2025-01-17 16:12:02 GMT - Egypt - Economy - SN:36 - ID:11030670

    CAIRO, Jan 17 (MENA) - The Ministry of Petroleum and Mineral Resources announced Friday the completion of drilling at the Nefertari well by ExxonMobil in the North Marakia area, located in the western Mediterranean at a water depth of 1,720 ....

  • Global (1): To prove its commitment to freshness, Pizza Hut launches a new frozen pizza

    Date: 2025-01-17 14:47:52 GMT - United Arab Emirates - Economy - SN:31 - ID:11030713

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================ To prove its commitment to freshness, Pizza Hut launches a new frozen pizza Pizza Hut pranks ....

  • Higher education minister attends ceremony marking end of Egyptian-Chinese partnership year

    Date: 2025-01-17 12:35:54 GMT - Egypt - Economy - SN:24 - ID:11030299

    CAIRO, Jan 17 (MENA) - Higher Education Minister Ayman Ashour asserted the depth of Egyptian-Chinese relations. He said that the two countries share a joint vision on building sustainable and prosperous future, especially within the framework of ....

  • Mashat witnesses inking of executive agreement with Japan to support budget, private sector

    Date: 2025-01-17 11:30:24 GMT - Egypt - Economy - SN:22 - ID:11030267

    CAIRO, Jan 17 (MENA) – Minister of International Cooperation Rania Mashat and Japan's Ambassador in Cairo Fumio Iwai witnessed on Friday the inking of an executive agreement for $ 230 million soft financing offered by Japan to support the budget, ....

  • Hurghada Port closed due to severe weather

    Date: 2025-01-17 08:51:21 GMT - Egypt - Economy - SN:11 - ID:11030222

    HURGHADA, Egypt, Jan 17 (MENA) - Hurghada Port was closed on Friday due to bad weather conditions, the Red Sea Ports Authority said. The closure was prompted by high 3-4 meter waves and strong 20-25 mph winds, the Authority said in a ....

  • Cairo, Riyadh mull boosting mining cooperation

    Date: 2025-01-16 17:34:56 GMT - Egypt - Economy - SN:58 - ID:11029643

    RIYADH, Jan 16 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi conferred with Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef on ways to enhance cooperation and exchange expertise in the mining ....

  • Austrian tourist arrivals in Egypt return to pre-pandemic levels - ambassador

    Date: 2025-01-16 16:37:38 GMT - Austria - Economy - SN:53 - ID:11029612

    VIENNA, Jan 16 (MENA) - Egyptian Ambassador in Vienna Mohamed Nasr asserted the number of Austrian tourist arrivals in Egypt has returned to pre-pandemic levels He added that there are good bridges of communication with tourists and travel ....

  • Egypt, IMO discuss preparations for opening regional office

    Date: 2025-01-16 16:29:02 GMT - Egypt - Economy - SN:52 - ID:11029620

    ALEXANDRIA, Egypt, Jan 16 (MENA) - Chairman of the Board of Directors of the Alexandria Port Authority Ahmed Abdel Moati Hawash on Thursday met a delegation of the International Maritime Organization (IMO), as they discussed ongoing preparations for ....

  • State keen on developing petroleum sector, Madbouli says

    Date: 2025-01-16 16:13:05 GMT - Egypt - Economy - SN:48 - ID:11029716

    CAIRO, Jan 16 (MENA) - Prime Minister Mostafa Madbouli reiterated on Thursday the state's interest in developing the petroleum sector and keenness to provide more incentives and facilities for various investors in the promising oil and gas industry ....

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