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Economy
- Service : English General
- Category : Economy
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Egypt takes part in Saudi Food Show 2025 in Riyadh
Date: 2025-05-12 17:04:04 GMT - Egypt - Economy - SN:41 - ID:11175640
CAIRO, May 12 (MENA) - Egypt, represented in the Food Export Council, is participating in the third edition of the Saudi Food Show, whose activities kicked off Monday in the Saudi capital Riyadh. The 2025 event will last until May 14, hosting ....
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OPEN// PM discusses plan to provide petroleum products ahead of coming summer
Date: 2025-05-12 16:34:49 GMT - Egypt - Economy - SN:38 - ID:11175776
CAIRO, May 12 (MENA) - Prime Minister Moustafa Madbouli commended the complete coordination between the government and the Central Bank of Egypt (CBE ) to provide the foreign currency needed to scale up the country’s stocks of petroleum goods and ....
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Egypt grants 6 golden licenses for strategic investment projects
Date: 2025-05-12 14:14:57 GMT - Egypt - Economy - SN:30 - ID:11175460
CAIRO, May 12 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib handed over on Monday six new golden licenses for a number of strategic investment projects. This fell within the framework of the government's efforts to attract ....
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EBRD backs Egypt's first solar, battery storage project
Date: 2025-05-12 13:52:29 GMT - United Kingdom - Economy - SN:29 - ID:11175491
LONDON, May 12 (MENA) - The European Bank for Reconstruction and Development (EBRD) is supporting Egypt's renewable-energy sector by providing a USD 30 million equity bridge loan to Obelisk Solar Power, a special purpose vehicle owned by Scatec ASA, ....
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OPEN// Gov.: Preparations ongoing for implementing Real Estate National ID Bill once president signs it into law
Date: 2025-05-12 13:51:07 GMT - Egypt - Economy - SN:28 - ID:11175198
CAIRO, May 12 (MENA) - Prime Minister Mostafa Madbouly affirmed that the Egyptian government has made significant progress in the digital transformation sector over recent years, both in services provided to individuals and to businesses. This ....
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OPEN// PM follows up on initiative to convert cars to run on natural gas
Date: 2025-05-12 13:38:26 GMT - Egypt - Economy - SN:27 - ID:11175354
CAIRO, May 12 (MENA) - Prime Minister Mostafa Madbouly said that the government’s initiative to convert vehicles to operate on natural gas is a top priority, in line with President Abdel Fattah El Sisi’s directives to expand the conversion and ....
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Bourse shows mixed performance at close of Monday trading
Date: 2025-05-12 13:16:36 GMT - Egypt - Economy - SN:26 - ID:11175461
CAIRO, May 12 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at end of trading Monday on the back of purchases by local and Arab institutions and investment funds as well as foreign and Egyptian investors, against sales by foreign ....
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Business Sector: KIMA 2 factory is giant, industrial edifice in Upper Egypt
Date: 2025-05-12 12:41:28 GMT - Egypt - Economy - SN:23 - ID:11175274
CAIRO, May 12 (MENA) - The Public Business Sector Ministry said KIMA 2 factory of the Egyptian Chemical Industries company in the Upper Egyptian governorate of Aswan has the capacity to produce 1,200 tons of ammonia and 1,575 tons of urea ....
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CAPMAS: 24.1% increase in value of exports in Feb. 2025
Date: 2025-05-12 10:39:20 GMT - Egypt - Economy - SN:11 - ID:11175039
CAIRO, May 12 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that trade deficit reached dlrs 2.33 billion in February 2025, compared to dlrs 3.28 billion for the same month the previous year, a decrease of ....
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CBE: Egyptian expats' remittances hit record of 32.6 bln in one year
Date: 2025-05-12 10:00:24 GMT - Egypt - Economy - SN:9 - ID:11175023
CAIRO, May 12 (MENA) - The Central Bank of Egypt (CBE) announced that remittances from Egyptians abroad increased by 72.4% (USD 13.7 billion) to hit a record of USD 32.6 billion during the period from March 2024 to February 2025. In a statement ....
