Economy

  • Service : English General
  • Category : Economy
  • EGX shows mixed performance at close of Wednesday's trading

    Date: 2025-02-19 14:30:24 GMT - Egypt - Economy - SN:31 - ID:11074197

    CAIRO, Feb 19 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday's trading session. The market capital gained EGP 7 billion, recording EGP 2.260 trillion with total transactions amounting to about EGP 37.2 ....

  • Egypt signs $13.5m in deals to boost crude oil production in Western Desert

    Date: 2025-02-19 14:20:44 GMT - Egypt - Economy - SN:36 - ID:11074114

    CAIRO, Feb 19 (MENA) - Egypt has signed two agreements worth $13.5 million to boost crude oil production at the Western Desert, as per a statement. During the Egypt Energy Show (EGYPES 2025), Minister of Petroleum and Mineral Resources Karim ....

  • Irrigation min. hails Egyptian-German distinguished cooepration in water domain

    Date: 2025-02-19 11:14:30 GMT - Egypt - Economy - SN:19 - ID:11073663

    CAIRO, Feb 19 (MENA) - Minister of Irrigation and Water Resources Hani Sweilem praised distinguished partnership and cooperation between Egypt and Germany in the field of water. The minister's remarks came during a meeting on Wednesday with Mario ....

  • Mashat: Egypt works to present integrated vision for reconstruction of Gaza Strip

    Date: 2025-02-19 11:01:16 GMT - Egypt - Economy - SN:15 - ID:11073677

    ALULA/CAIRO, Feb 19 (MENA) - Egyptian Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said Wednesday Egypt is working to present a fully integrated vision for the reconstruction of the Gaza Strip ensuring ....

  • Egypt, Yemen discuss cooperation opportunities in petroleum, mining

    Date: 2025-02-19 09:41:26 GMT - Egypt - Economy - SN:9 - ID:11073516

    CAIRO, Feb 19 (MENA) - Minister of Petroleum Karim Badawy said the sector of petroleum and Egyptian mineral wealth is ready to present all forms of support to Yemen to achieve economic benefit for both countries. During talks with Yemeni Minister ....

  • Agriculture min. follows up implementation of Egyptian-Ugandan joint farm

    Date: 2025-02-19 08:55:33 GMT - Egypt - Economy - SN:7 - ID:11073457

    CAIRO, Feb 19 (MENA) - Minister of Agriculture and Land Reclamation Alaa Farouk met with a delegation of the National Enterprise Corporation (NEC) led by James Mugira to follow up on the implementation of the Egyptian-Ugandan joint farm. During ....

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

    Date: 2025-02-19 08:03:02 GMT - Egypt - Economy - SN:5 - ID:11073512

    DAMIETTA, Egypt, Feb 19 (MENA) - Some 12 cargo vessels carrying about 17,000 tons of goods were handled at the Red Sea ports in the past 24 hours. In a statement released Wednesday, the Red Sea Ports Authority (RSPA) said, that the total volume ....

  • Electricity min. to MENA: "EGYPES 2025" promotes Egypt's position in energy industry

    Date: 2025-02-19 07:09:37 GMT - Egypt - Economy - SN:3 - ID:11073410

    CAIRO, Feb 19 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat said Egypt Energy Show (EGYPS 2025) conference and exhibition reflects Egypt's keenness on luring international investors and promoting its position in energy ....

  • Petroleum min. probes future exploration plans with 'Shell' delegation

    Date: 2025-02-18 20:46:10 GMT - Egypt - Economy - SN:76 - ID:11073073

    CAIRO, Feb 18 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi reviewed with a delegation from Shell Global the company's future plans for prospecting and exploration activities in Egypt as well as ways of enhancing joint ....

  • Environment min. calls for reforming global climate finance system

    Date: 2025-02-18 19:49:55 GMT - Egypt - Economy - SN:72 - ID:11073032

    CAIRO, Feb 18 (MENA) - Environment Minister Yasmine Fouad said adopting new investment and financing ideas and entitling international development banks to reduce renewable energy investment risks helped in cutting the cost of renewable ....

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