Economy

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  • Category : Economy
  • Sisi directs gov. to expedite implementation rate of development projects

    Date: 2025-01-05 11:39:24 GMT - Egypt - Economy - SN:27 - ID:11015905

    CAIRO, Jan 5 (MENA) - President Abdel Fattah El Sisi has directed the government to step up efforts aimed at carrying out integrated development and logistics projects to turn Egypt into a world trade hub. This came during a meeting held Sunday ....

  • Sisi directs timely payment of dues to petroleum, gas contractors

    Date: 2025-01-04 11:49:44 GMT - Egypt - Economy - SN:16 - ID:11014834

    CAIRO, Jan 4 (MENA) - President Abdel Fattah El Sisi directed the regular payment of financial dues to companies contracted with the state in the petroleum and gas sector. Sisi was chairing a high-level meeting Saturday, bringing together Prime ....

  • Egypt transforms leather industry with innovative development plan

    Date: 2025-01-03 14:31:30 GMT - Egypt - Economy - SN:16 - ID:11014222

    CAIRO, Jan 3 (MENA) - Egypt’s Prime Minister Mostafa Madbouly has reaffirmed the transformative impact of Egypt's leather industry. The initiative, spearheaded under President Abdel Fattah El-Sisi ’s directives, signifies a new move towards ....

  • Electricity min. meets delegation from UAE's Masdar, Infinity Power, Hassan Allam Utilities

    Date: 2025-01-03 13:06:30 GMT - Egypt - Economy - SN:11 - ID:11013980

    CAIRO, Jan 3 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation from the Abu Dhabi Future Energy "Masdar", "Infinity Power" and "Hassan Allam" companies to review progress made so far to implement joint ....

  • Industry min. to meet industrial investors in Qalyubiya governorate Saturday

    Date: 2025-01-03 11:26:33 GMT - Egypt - Economy - SN:8 - ID:11014011

    CAIRO, Jan 3 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir will have a meeting on Saturday with industrial investors in Qalyubiya Governorate to stand on the challenges and obstacles ....

  • Planning ministry reviews outcomes of 2024 joint committees meetings

    Date: 2025-01-02 22:44:45 GMT - Egypt - Economy - SN:45 - ID:11013760

    CAIRO, Jan 2 (MENA) - The year-end 2024 report of the Ministry of Planning, Economic Development, and International Cooperation highlighted the joint high-level committees held during 2024. The joint committees open new horizons for partnerships ....

  • PM says Qena enjoys promising development opportunities to lure investments

    Date: 2025-01-02 16:34:04 GMT - Egypt - Economy - SN:37 - ID:11013480

    CAIRO, Jan 2 (MENA) - Prime Minister Mostafa Madbouli said Qena governorate enjoys all promising development opportunities to lure investments in the sectors of industry, agriculture, tourism and mining. Madbouli made the remarks on Thursday at a ....

  • Goldman Sachs acquires 5.12% in Cleopatra Hospitals Group

    Date: 2025-01-02 15:40:42 GMT - Egypt - Economy - SN:34 - ID:11013435

    CAIRO, Jan 2 (MENA) - Cleopatra Hospitals Group announced that global investment bank Goldman Sachs has acquired a 5.12% stake in its share capital, equivalent to 73,971,206 shares denominated in Egyptian pounds. In a disclosure to the Egyptian ....

  • AMAN Holding signs MoU to establish consumer financing company in Saudi Arabia

    Date: 2025-01-02 15:36:34 GMT - Egypt - Economy - SN:32 - ID:11013437

    CAIRO, Jan 2 (MENA) - Raya Holding announced that its subsidiary, AMAN Holding, has signed a non-binding Memorandum of Understanding (MoU) with Riyadh-based Jarir Marketing Company, a leading retail player in Saudi Arabia and the Gulf region. ....

  • SCA company launches, repairs 10 aluminum boats

    Date: 2025-01-02 14:07:02 GMT - Egypt - Economy - SN:29 - ID:11013337

    ISMAILIA, Egypt, Jan 2 (MENA) - The Port Said for Engineering Works and Naval Constructions Co., a subsidiary of the Suez Canal Authority (SCA), has launched five "Bahhar" aluminum boats as part of the authority's strategy to modernize its maritime ....

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