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Economy
- Service : English General
- Category : Economy
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Egypt, EBRD discuss strengthening investment ties and advancing digital transformation initiatives
Date: 2025-05-06 15:16:47 GMT - Egypt - Economy - SN:62 - ID:11167538
CAIRO, May 6 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib emphasized the importance of digital transformation in facilitating trade and investment processes, noting that his ministry is currently implementing a number of ....
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Mashat discusses with European Commission official means to strengthen Egypt’s macroeconomic stability
Date: 2025-05-06 14:43:42 GMT - Egypt - Economy - SN:57 - ID:11167230
CAIRO, May 6 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat and Annika Eriksgard, Director-General for Economic and Financial Affairs at the European Commission, held a video conference meeting as ....
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Military Production Ministry works on attracting more investments- Min.
Date: 2025-05-06 14:26:42 GMT - Egypt - Economy - SN:55 - ID:11167188
CAIRO, May 6 (MENA) – State Minister for Military Production Mohamed Salah Eddin Moustafa has underscored the need to lure further investments and have new strategic partnerships with state-run bodies. He said the Ministry of Military Production ....
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OPEN// PM, Visa CEO review company's investment plan in Egypt
Date: 2025-05-06 14:12:39 GMT - Egypt - Economy - SN:52 - ID:11167347
CAIRO, May 6 (MENA) - Prime Minister Mostafa Madbouly reiterated that the Egyptian government provides all necessary support to facilitate work of companies in various business sectors. He noted that American companies receive significant ....
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New procedures adopted to increase oil drilling, production – Min.
Date: 2025-05-06 13:55:35 GMT - Egypt - Economy - SN:49 - ID:11167180
CAIRO, May 6 (MENA) – The Egyptian General Petroleum Corporation (EGPC), under Minister of Petroleum and Mineral Resources Karim Badawy, held a videoconference meeting on Tuesday. The Ministry of Petroleum and Mineral Resources said in a ....
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All EGX indices up, benchmark increases 0.23 pct
Date: 2025-05-06 12:27:39 GMT - Egypt - Economy - SN:40 - ID:11167215
CAIRO, May 6 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Tuesday's trading, pushed by purchases from local institutions and investment funds as well as Arab and foreign investors. The market capital gained nearly ....
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OPEN// Egypt’s foreign reserves reach historic record of over $48 billion in April 2025
Date: 2025-05-06 12:22:11 GMT - Egypt - Economy - SN:38 - ID:11167216
CAIRO, May 6 (MENA) - The Central Bank of Egypt announced that the country’s net foreign currency reserves reached a new all-time high at the end of April 2025, surpassing the $48 billion mark for the first time in its history. In a statement, ....
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Petroleum min., Abu Dhabi Ports Group probe boosting cooperation
Date: 2025-05-06 10:20:56 GMT - Egypt - Economy - SN:24 - ID:11166632
CAIRO, May 6 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi on Tuesday discussed with Ahmad Al Mutawa, the Regional CEO of Abu Dhabi Ports Group (AD Ports Group), and his accompanying delegation ways of enhancing cooperation. ....
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Electricity min, IFC delegation mull ways to back renewable energy projects
Date: 2025-05-06 10:06:50 GMT - Egypt - Economy - SN:22 - ID:11166752
CAIRO, May 6 (MENA) – Electricity Minister Mahmoud Esmat and delegation members of the International Finance Corporation (IFC) have discussed ways to support renewable energy projects. The Electricity Ministry said in a statement on Tuesday that ....
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15,000 tons of goods handled at Red Sea ports
Date: 2025-05-06 07:22:12 GMT - Egypt - Economy - SN:10 - ID:11166587
DAMIETTA, Egypt, May 6 (MENA) - Some 15,000 tons of goods were handled at Red Sea ports in the past 24 hours. In a statement released on Tuesday, the Red Sea Port Authority (RSPA) said that the total volume of exported goods from the port ....
