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Economy
- Service : English General
- Category : Economy
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Transport min. directs establishing industrial complex for bridges, tunnels construction components
Date: 2025-06-05 10:00:44 GMT - Egypt - Economy - SN:14 - ID:11208295
CAIRO, June 5 (MENA) – Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel el Wazir, on Thursday directed the formation of a technical committee to develop a comprehensive road map for establishing an ....
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OPEN// Egypt replaces capital gains tax with stamp tax on stock transactions
Date: 2025-06-04 18:18:00 GMT - Egypt - Economy - SN:72 - ID:11207778
CAIRO, June 4 (MENA) – Prime Minister Mostafa Madbouli chaired a meeting to finalize changes to the taxation of listed stock market transactions, confirming the replacement of the capital gains tax with a stamp duty that will apply to both residents ....
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OPEN// PM: Dollar needs covered for 3rd straight month
Date: 2025-06-04 18:17:15 GMT - Egypt - Economy - SN:69 - ID:11207707
CAIRO, June 4 (MENA) – Prime Minister Mostafa Madbouli said Egypt’s foreign currency needs have been fully covered through local resources for the third month in a row, according to the Central Bank. In press statements on Wednesday following ....
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Egyptian exports to UAE jump 47% in 2024: CAPMAS
Date: 2025-06-04 15:26:56 GMT - Egypt - Economy - SN:57 - ID:11207503
CAIRO, June 4 (MENA) – The Central Agency for Public Mobilization and Statistics (CAPMAS) reported that Egyptian exports to the United Arab Emirates rose to $3.3 billion in 2024, up from $2.2 billion in 2023 — an increase of 46.9%. Imports from ....
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OPEN// AFD, Sawiris Foundation launch support program for smallholder farmers in Egypt
Date: 2025-06-04 15:15:02 GMT - Egypt - Economy - SN:55 - ID:11207479
CAIRO, June 4 (MENA) – The French Development Agency (AFD), the Sawiris Foundation for Social Development, the Essam and May Allam Foundation, and the Louis Dreyfus Foundation launched a joint initiative to support smallholder farmers across ....
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Planning min. praises Egypt’s position as regional trade, logistics hub
Date: 2025-06-04 15:01:32 GMT - Egypt - Economy - SN:54 - ID:11207478
CAIRO/PARIS, June 4 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania al Mashat praised Egypt’s growing position as a regional trade and logistics hub, citing strong infrastructure in ports, transport, and ....
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CBE: net int'l reserves surpass $48.5 bln in May
Date: 2025-06-04 14:39:29 GMT - Egypt - Economy - SN:49 - ID:11207344
CAIRO, June 4 (MENA) - Egypt's net international reserves rose to $48.5261 billion at the end of May 2025, up from $48.144 billion a month earlier, the Central Bank of Egypt (CBE) said on Wednesday. The increase amounts to $382.1 ....
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OPEN// Cabinet sets feed-in tariff for power generated from sewage sludge, biogas
Date: 2025-06-04 13:43:59 GMT - Egypt - Economy - SN:45 - ID:11207198
CAIRO, June 4 (MENA) – The Cabinet approved on Wednesday, during a meeting under Prime Minister Mostafa Madbouly, a feed-in tariff of $0.044 per kilowatt-hour for electricity generated from sewage sludge or biogas extracted from sanitary landfills, ....
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OPEN// Cabinet follows up on progress in revamping textile industry
Date: 2025-06-04 13:37:19 GMT - Egypt - Economy - SN:44 - ID:11207194
CAIRO, June 4 (MENA) – Prime Minister Mostafa Madbouly on Wednesday directed officials to involve the private sector in the management and operation of newly upgraded public-sector textile factories, in a bid to improve efficiency and protect recent ....
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Cabinet reviews progress in trial phase launch of Egypt’s online investment licensing platform
Date: 2025-06-04 13:30:13 GMT - Egypt - Economy - SN:43 - ID:11207191
CAIRO, June 4 (MENA) – The Cabinet on Wednesday reviewed, during a meeting chaired by Prime Minister Mustafa Madbouly, progress on the trial launch of a new digital platform for investment licensing, aimed at streamlining procedures and enhancing ....
