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Economy
- Service : English General
- Category : Economy
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Bourse indexes up at close of Thursday's trading session
Date: 2025-01-02 13:38:42 GMT - Egypt - Economy - SN:26 - ID:11013336
CAIRO, Jan 2 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday's trading session, backed by purchases by local institutions and investment funds, as well as Arab and foreign investors, against sales by Arab ....
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Egypt launches $135 mln MG car factory
Date: 2025-01-01 22:39:49 GMT - Egypt - Economy - SN:45 - ID:11012765
CAIRO, Jan 1 (MENA) – Egypt is set to host a new MG car manufacturing plant in New October City, with investments totaling $135 million. The factory aims to localize car production, featuring over 45% locally sourced components. Production is ....
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Madbouli says state capable of confronting challenges
Date: 2025-01-01 21:59:01 GMT - Egypt - Economy - SN:41 - ID:11012511
CAIRO, Jan 1 (MENA) – Prime Minister Mostafa Madbouli said Wednesday the state is capable of shouldering its responsibilities despite all burdens and challenges. In statements after a weekly cabinet meeting, Madbouli said: “I would like to ....
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Borg El Arab airport opens Africa’s first eco-friendly terminal
Date: 2025-01-01 21:07:41 GMT - Egypt - Economy - SN:39 - ID:11012706
CAIRO, Jan 1 (MENA) – Borg El Arab International Airport has launched a trial operation of its new eco-friendly terminal, the first of its kind in Africa. The terminal combines advanced technology with sustainability to reduce carbon emissions and ....
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PM: Private sectors investments grow to 63.5% in FY 2024-2025, 4 last New Administrative Capital
Date: 2025-01-01 19:09:00 GMT - Egypt - Economy - SN:32 - ID:11012439
Regular assessments are conducted for the performance of ministers and governors, with a view to providing advice and enhancing their work, Madbouli said. He added that the government will present a report to the parliament on its performance ....
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PM: Private sectors investments grow to 63.5% in FY 2024-2025, 3 New Administrative Capital
Date: 2025-01-01 19:06:22 GMT - Egypt - Economy - SN:31 - ID:11012440
The prime minister highlighted the signing of an exclusive licensing agreement between Mansour Automotive and China's SAIC Motor to build a factory for manufacturing MG cars in the industrial zone in Giza's New October City. Madbouli said that ....
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ICT ministry clarifies mobile registration rules, fee payments
Date: 2025-01-01 18:58:27 GMT - Egypt - Economy - SN:30 - ID:11012622
CAIRO, Jan 1 (MENA) – The Ministry of Communications and Information Technology has issued a detailed report explaining Egypt’s new mobile phone registration system. The system, implemented by the Egyptian Customs Authority and the National ....
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PM: Private sector investments grow to 63.5% in FY 2024-2025, 2 New Administrative Capital
Date: 2025-01-01 16:32:51 GMT - Egypt - Economy - SN:23 - ID:11012442
Madbouli said that he inspected this week the first phase of the project of reviving the Mahalla El Kubra textile industry, noting that the first phase of the project has been finalized, while the second and third phases are likely to be completed ....
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30 containers, cargo ships handled at Damietta Port
Date: 2025-01-01 16:26:26 GMT - Egypt - Economy - SN:22 - ID:11012434
DAMIETTA, Egypt, Jan 1 (MENA) – As many as 30 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released on Wednesday, the Damietta Port Authority said that the total volume of exported goods ....
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PM: Private sector investments grow to 63.5% in FY 2024-2025
Date: 2025-01-01 15:45:01 GMT - Egypt - Economy - SN:20 - ID:11012385
NEW ADMINISTRATIVE CAPITAL, Jan 1 (MENA) - Prime Minister Moustafa Madbouli Wednesday said that investments of the private sector have amounted to 63.5 percent of the state's total investments during the first quarter of the current fiscal year ....
