Economy

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

  • Petroleum min. discusses cooperation in mining sector with British industry min.

    Date: 2025-01-16 15:20:49 GMT - Egypt - Economy - SN:44 - ID:11029639

    CAIRO/RIYADH, Jan 16 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawy confirmed that regulatory amendments are under way to attract more investments to the mining sector, in addition to developing a digital platform to showcase and ....

  • Mashat inaugurates 9th Egypt-EU Subcommittee on Transport, Environment, Energy

    Date: 2025-01-16 14:54:34 GMT - Egypt - Economy - SN:42 - ID:11029334

    CAIRO, Jan 16 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat inaugurated the 9th Egypt-EU Subcommittee on Transport, Environment, and Energy on Thursday. The meeting, led by the Ministry of ....

  • Cabinet okays new initiative to support priority industrial sectors

    Date: 2025-01-16 13:57:34 GMT - Egypt - Economy - SN:34 - ID:11029384

    CAIRO, Jan 16 (MENA) - The cabinet, under Prime Minister Mostafa Madbouli, on Thursday approved a new initiative to support priority industrial sectors. The initiative is meant to encourage companies to expand into priority industries, through ....

  • Bourse indexes up at close of Thursday trading

    Date: 2025-01-16 13:26:05 GMT - Egypt - Economy - SN:31 - ID:11029434

    CAIRO, Jan 16 (MENA) - Egyptian Exchange (EGX) indexes went up at the close of Thursday's trading driven by purchases by Arab and foreign investment institutions and funds as well as foreign, Arab and local investors. Profits hit EGP 19 billion, ....

  • PM attends inking of usufruct deal of electric arc furnace between Kima, Al Sharq

    Date: 2025-01-16 11:47:13 GMT - Egypt - Economy - SN:21 - ID:11029022

    CAIRO, Jan 16 (MENA) - Prime Minister Moustafa Madbouli Thursday attended the inking of a contract for the usufruct and operation of an electric arc furnace (EAF) to produce silicon-manganese alloys between the Egyptian Chemical Industries Company ....

  • Petroleum min. probes Chevron’s expansion plans in Egypt

    Date: 2025-01-16 11:28:19 GMT - Egypt - Economy - SN:18 - ID:11029249

    CAIRO, Jan 16 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi emphasized that Egypt possesses promising investment opportunities in the oil and gas sector, thanks to the availability of comprehensive geological data and the ....

  • EBRD marks year of record investment in Egypt in 2024 at 1.4 bn euros

    Date: 2025-01-16 09:38:22 GMT - United Kingdom - Economy - SN:11 - ID:11029045

    LONDON, Jan 16 (MENA) - Egypt was the primary recipient of European Bank for Reconstruction and Development (EBRD) 2024 investment in the southern and eastern Mediterranean (SEMED) region, with new commitments to 26 projects totalling more than €1.4 ....

  • Egypt, Tanzania discuss strengthening mining cooperation

    Date: 2025-01-15 18:24:16 GMT - Egypt - Economy - SN:40 - ID:11028365

    CAIRO, Jan 15 (MENA) – Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with Tanzanian Deputy Minister of Minerals Steven L. Kiruswa during the International Mining Conference in Riyadh to discuss enhanced collaboration in ....

  • Luxembourg foreign trade min. affirms keenness on promoting economic relations with Egypt

    Date: 2025-01-15 18:10:08 GMT - Egypt - Economy - SN:37 - ID:11028232

    CAIRO, Jan 15 (MENA) - Deputy Prime Minister, Minister of Foreign Affairs and Foreign Trade and Minister of Cooperation and Humanitarian Action of Luxembourg Xavier Bettel on Wednesday affirmed his country's keenness on promoting economic relations ....

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