Economy

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  • Egypt among top five African nations in Numbeo's 2025 Quality of Life Index, shows report

    Date: 2025-01-06 15:33:50 GMT - South Africa - Economy - SN:26 - ID:11017428

    CAPE TOWN, Jan 6 (MENA) - A report showed that Egypt was among the top five African nations in the Numbeo's Quality of Life Index for 2025. The advancement in Egypt's ranking demonstrates its efforts to make a balance between achieving ....

  • Bourse indexes down before Christmas holiday

    Date: 2025-01-06 13:40:05 GMT - Egypt - Economy - SN:22 - ID:11017417

    CAIRO, Jan 6 (MENA) - The Egyptian Exchange (EGX) indexes went down at close of Monday's trading backed by sales by institutions and Egyptian and Arab investment funds before Christmas holiday Tuesday. The capital market trading recorded nearly ....

  • Target HR acquires brand license rights to operate global Manpower contingent staffing, permanent recruitment brand

    Date: 2025-01-06 12:49:42 GMT - Egypt - Economy - SN:18 - ID:11017227

    CAIRO, Jan 6 (MENA) - Target HR Monday announced it has acquired the brand license rights to operate Manpower, a global contingent staffing and permanent recruitment brand under ManpowerGroup, in Egypt. Under this agreement, Target HR will ....

  • Egypt unveils ITIDA Gigs initiative to equip 20,000 youth with freelancing skills

    Date: 2025-01-06 11:38:20 GMT - Egypt - Economy - SN:17 - ID:11017185

    CAIRO, Jan 6 (MENA) - Egypt’s Information Technology Industry Development Agency (ITIDA) has launched ITIDA Gigs, a new initiative designed to enhance the freelancing skills of young Egyptians. The program targets training and equipping 20,000 ....

  • Egypt, Cote d'Ivoire probe coop. in industry, transport domains

    Date: 2025-01-06 11:13:27 GMT - Egypt - Economy - SN:16 - ID:11016945

    CAIRO, Jan 6 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir Monday discussed with Cote d'Ivoire Ambassador to Egypt Albert G. Dole cooperation the domains of industry and ....

  • Egypt's GDP expected to grow steadily in 2025: Report

    Date: 2025-01-05 19:41:21 GMT - South Africa - Economy - SN:61 - ID:11016347

    PRETORIA, Jan 5 (MENA) - The International Monetary Fund (IMF) expects Egypt's Gross Domestic Product (GDP) to grow steadily to 4.1% in 2025 and rise to 5.1% in 2026 and 5.2% in 2027, The Business Africa (BA) platform reported. This came in a ....

  • Petroleum min. affirms unwavering support to int'l oil firms operating in Egypt

    Date: 2025-01-05 18:19:25 GMT - Egypt - Economy - SN:55 - ID:11016393

    CAIRO, Jan 5 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawy Sunday affirmed unwavering support of the political leadership to operations carried out by international oil companies operating in Egypt. The petroleum sector is ....

  • Petroleum min. says gas production from Zohr field resumes in January 2025

    Date: 2025-01-05 18:10:45 GMT - Egypt - Economy - SN:54 - ID:11016331

    CAIRO, Jan 5 (MENA) – Minister of Petroleum and Mineral Resources Karim Badawi announced the resumption of gas production from Zohr gas field and the start of drilling two wells as of January 2025. This came in a speech that he delivered before a ....

  • Goldman Sachs: Global economy is forecast to grow solidly in 2025 despite trade uncertainty

    Date: 2025-01-05 14:18:32 GMT - USA - Economy - SN:41 - ID:11016195

    WASHINGTON, Jan 5 (MENA) - Goldman Sachs Research forecasts another solid year of global economic growth in 2025. In a report, Goldman Sachs said that economists project the US will outperform expectations while the euro area lags behind amid ....

  • Bourse indexes up at close of Sunday's trading session

    Date: 2025-01-05 13:39:06 GMT - Egypt - Economy - SN:35 - ID:11016166

    CAIRO, Jan 5 (MENA) - The Egyptian Exchange (EGX) indexes went up at close of Sunday's trading backed by investments of foreign and local investors. The capital market trading recorded nearly EGP 23 billion. The EGX 30 benchmark index ....

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