Economy

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  • Category : Economy
  • Egypt, Qatar mull signing long-term contracts in natural gas domain

    Date: 2025-05-12 08:22:07 GMT - Egypt - Economy - SN:5 - ID:11174835

    CAIRO, May 12 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi on Monday discussed with Qatar's Minister of State for Energy Affairs and CEO of QatarEnergy Saad bin Sherida Al Kaabi ways of accelerating the implementation of joint ....

  • CBE: Core inflation rate records 10.4% in April 2025

    Date: 2025-05-11 19:14:36 GMT - Egypt - Economy - SN:65 - ID:11174479

    CAIRO, May 11 (MENA) - The Central Bank of Egypt has reported an increase in the core inflation rate by 10.4% in April 2025, up from 9.4% in the previous month. In a statement released on Sunday, the bank noted that the monthly change in the ....

  • OPEN// Egypt targeting localization of auto industry – PM

    Date: 2025-05-11 16:37:07 GMT - Egypt - Economy - SN:58 - ID:11174315

    CAIRO, May 11 (MENA) - Prime Minister Mostafa Madbouli described the National Automotive Industry Development Strategy as a key pillar in achieving the goal of localizing car manufacturing in Egypt and attracting major global companies. He ....

  • Ministers of finance, investment meet with IMF mission

    Date: 2025-05-11 15:52:40 GMT - Egypt - Economy - SN:53 - ID:11174182

    CAIRO, May 11 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib announced the launch of a digital platform to unify and simplify the business licensing process, with plans to develop a more advanced "single window" digital system ....

  • EGP 327 billion allocated for human development in FY 2025/2026 - Minister

    Date: 2025-05-11 15:41:21 GMT - Egypt - Economy - SN:49 - ID:11174098

    CAIRO, May 11 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat participated Sunday in the celebration of the 10th anniversary of the "Takaful and Karama" cash transfer program. The event was held ....

  • OPEN// PM follows up on entities' commitment to ceiling on public investments

    Date: 2025-05-11 15:15:58 GMT - Egypt - Economy - SN:45 - ID:11174221

    CAIRO, May 11 (MENA) - Prime Minister Moustafa Madbouli on Sunday convened a meeting with the public investment governance committee to follow up on commitment of the state-owned entities to the investment ceiling of EGP one trillion for the current ....

  • Parl't approves financing agreement for regional cross-border cooperation program in Mediterranean basin countries

    Date: 2025-05-11 14:02:52 GMT - Egypt - Economy - SN:36 - ID:11174012

    CAIRO, May 11 (MENA) - The House of Representatives, during its general session held on Sunday under Speaker Hanafy Gebaly, approved draft presidential decree no. 506 of 2024, which endorses the financing agreement for the INTERREG NEXT MED regional ....

  • Bourse posts collective losses at close of Sunday's trading

    Date: 2025-05-11 13:24:51 GMT - Egypt - Economy - SN:31 - ID:11173984

    CAIRO, May 11 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Sunday's trading session, on the back of selling operations by institutions, foreign investment funds and Egyptian investors, against purchases by local and ....

  • ICT min. partakes in 'SusHi Tech Tokyo 2025', probes coop. opportunities with Japan

    Date: 2025-05-10 20:54:23 GMT - Egypt - Economy - SN:49 - ID:11173157

    TOKYO, May 10 (MENA) - Minister of Communications and Information Technology Amr Talaat has participated in global conference SusHi Tech Tokyo 2025, one of Asia's largest startup events. During the event, which runs from May 8 to 10, the minister ....

  • State keen to develop agriculture sector, optimize efforts on food security – Min.

    Date: 2025-05-10 14:48:53 GMT - Egypt - Economy - SN:37 - ID:11172812

    CAIRO, May 10 (MENA) – The State is keen to develop the sector of agriculture to optimize food security efforts and increase agricultural exports and job opportunities, Minister of Planning, Economic Development and International Cooperation ....

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