Economy

  • Service : English General
  • Category : Economy
  • Bourse indices up at close of Thursday trading

    Date: 2025-07-10 12:48:41 GMT - Egypt - Economy - SN:31 - ID:11252430

    CAIRO, July 10 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Thursday transactions prompted by purchases by local investment funds and institutions and investors against sales by Arab and foreign funds and ....

  • El Sewedy Industrial Development attracts new Turkish investments to boost Egypt’s textile industry

    Date: 2025-07-10 09:23:07 GMT - Egypt - Economy - SN:10 - ID:11251975

    CAIRO, July 10 (MENA) - El Sewedy Industrial Development, a subsidiary of El Sewedy Electric Group, signed an agreement with Turkish textile company of Bony to purchase a 120,000 square meter industrial land plot in the “Industria Asher” project in ....

  • Finance min. says Egypt to remain key gateway for African access to European, Asian market

    Date: 2025-07-09 16:30:04 GMT - Egypt - Economy - SN:46 - ID:11251570

    CAIRO, July 9 (MENA) - Minister of Finance Ahmed Kouchouk said on Wednesday Egypt, with its leadership, capabilities, and economy, will continue to serve as a vital gateway for African countries to access European and Asian markets. Speaking at ....

  • Petroleum minister discusses with OPEC head developments in global oil market

    Date: 2025-07-09 14:13:08 GMT - Egypt - Economy - SN:35 - ID:11251226

    CAIRO, July 9 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi discussed with Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais the recent developments in the global oil ....

  • Egypt, China discuss cooperation in textile sector

    Date: 2025-07-09 14:12:06 GMT - Egypt - Economy - SN:34 - ID:11251106

    CAIRO, July 9 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba affirmed that the Egyptian government is making strenuous efforts to meet the growing Chinese demand for investment in Egypt, particularly in the ....

  • Egypt, EBRD discuss boosting cooperation in industrial decarbonization

    Date: 2025-07-09 11:20:58 GMT - Egypt - Economy - SN:23 - ID:11250949

    CAIRO, July 9 (MENA) - Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat discussed with the European Bank for Reconstruction and Development (EBRD) ways to strengthen their close partnership, the next steps to ....

  • 10,000 tons of goods handled at Red Sea ports

    Date: 2025-07-09 08:54:38 GMT - Egypt - Economy - SN:16 - ID:11250795

    HURGHADA, Egypt, July 9 (MENA) - Some 10,000 tons of goods were handled at Red Sea ports. In a statement released Wednesday, the Red Sea Ports Authority (RSPA) said, the total trade volume of imported goods into the port recorded 4,000 tons, ....

  • Telecom services expected to normalize within hours - ICT Minister

    Date: 2025-07-08 20:02:03 GMT - Egypt - Economy - SN:57 - ID:11250441

    CAIRO, July 8 (MENA) - Minister of Communications and Information Technology Amr Talaat announced that data and service traffic has been rerouted through other main exchanges following the Ramses Central fire, with voice services now being gradually ....

  • Egypt, DR Congo discuss boosting economic ties

    Date: 2025-07-08 19:56:12 GMT - Egypt - Economy - SN:56 - ID:11250438

    CAIRO, July 8 (MENA) - Minister of Investment and Foreign Trade Hassan El-Khatib affirmed that Egypt attaches great importance to enhancing intra-African trade and joint investments with its sister African nations, in line with Egypt’s strategy to ....

  • Egypt targets $15 billion in chemical and fertilizer exports by 2030

    Date: 2025-07-08 17:58:47 GMT - Egypt - Economy - SN:51 - ID:11250352

    CAIRO, July 8 (MENA) - The Egyptian Export Council for Chemical Industries and Fertilizers announced on Tuesday that it aims to boost the sector’s exports by an average annual growth rate of around 9% during the period from 2025 to 2030, targeting ....

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