Economy

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  • Category : Economy
  • AngloGold Ashanti invests $150mln to dig for gold in Egypt: Petroleum

    Date: 2025-03-20 08:29:49 GMT - Egypt - Economy - SN:10 - ID:11109235

    CAIRO, March 20 (MENA) - Officials of AngloGold Ashanti global company, an investor at Sukari gold mine in the Eastern Desert, asserted their keenness on making more discoveries in Egypt where the company has 150-million-dollar investments. They ....

  • Public business minister explores cooperation with Turkish K.C.G. company in textile and fabric manufacturing

    Date: 2025-03-20 00:02:57 GMT - Egypt - Economy - SN:1 - ID:11109128

    CAIRO, March 20 (MENA) - Minister of Public Business Sector Mohamed Shimi met with Yilmaz Kucukcalik, CEO of the Kucukcalik Group and his accompanying delegation to discuss potential cooperation opportunities. The meeting focused on exploring ....

  • Egypt and Tunisia mull stronger cooperation in transport domains

    Date: 2025-03-19 23:47:24 GMT - Egypt - Economy - SN:64 - ID:11109125

    CAIRO, March 19 (MENA) - Egypt’s Ambassador to Tunisia Bassem Hassan met with Tunisian Minister of Transport Rachid Amri to explore ways to strengthen cooperation in the transport sector. Hassan expressed Egypt’s full readiness to share its ....

  • Egypt signs agreement with Siemens-Gamesa for 500 MW wind power plant in Gulf of Suez

    Date: 2025-03-19 22:51:58 GMT - Egypt - Economy - SN:61 - ID:11109130

    CAIRO, March 19 (MENA) - Prime Minister Mostafa Madbouly witnessed Wednesday the signing ceremony of an agreement to construct a 500-megawatt wind power plant in the Gulf of Suez. The agreement was inked by the Egyptian Electricity Transmission ....

  • Over EGP 1 bln. secured to end waiting list backlogs: Finance min.

    Date: 2025-03-19 18:54:04 GMT - Egypt - Economy - SN:45 - ID:11108829

    CAIRO, March 19 (MENA) – Minister of Finance Ahmed Kouchouk said on Wednesday over EGP 1 billion was allocated for treatment services at the state's expense to end waiting list backlogs all across the country. Out of 60,000 low-income and ....

  • Finance minister: EGP 2 bln allocated for support to 10 mln ration card holders

    Date: 2025-03-19 18:14:35 GMT - Egypt - Economy - SN:41 - ID:11108677

    CAIRO, March 19 (MENA) - Minister of Finance Ahmed Kouchouk said financial support has begun to be provided for ration card holders, noting that 10 million ration cards possessed by the neediest families are targeted. The disbursement of extra ....

  • Petroleum min. discusses FSRU from Germany

    Date: 2025-03-19 15:01:06 GMT - Egypt - Economy - SN:30 - ID:11108561

    BERLIN, March 19 (MENA) - Egyptian Minister of Petroleum and Mineral Resources Karim Badawi visited Germany accompanied by Executive Managing Director of the Egyptian Natural Gas Holding Company (EGAS) Yassin Mohamed to discuss leasing a Floating ....

  • Political leadership keen on promoting relations with African countries in different domains: Agriculture min.

    Date: 2025-03-19 11:34:00 GMT - Egypt - Economy - SN:21 - ID:11108006

    CAIRO, March 19 (MENA) - Minister of Agriculture and Land Reclamation Alaa Farouk asserted that the political leadership is keen on promoting relations with the African countries in the different domains upon the directives of President Abdel Fattah ....

  • Egypt, India discuss deepening economic partnership

    Date: 2025-03-19 10:25:26 GMT - Egypt - Economy - SN:17 - ID:11108001

    CAIRO, March 19 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib and Indian Minister of External Affairs Subrahmanyam Jaishankar expressed their keenness on deepening economic partnership between Egypt and India and expanding joint ....

  • Investment min.: Egypt focuses on infrastructure, private sector growth

    Date: 2025-03-18 21:54:40 GMT - Egypt - Economy - SN:83 - ID:11107625

    CAIRO, March 18 (MENA) – Minister of Investment and Foreign Trade Hassan el-Khatib said the world is undergoing fundamental economic changes, with globalization declining and protectionist trade policies increasing. He pointed to rising tariffs ....

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