Economy

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  • Category : Economy
  • Finance minister: We seek to reduce burdens on investors in coming period

    Date: 2025-06-09 08:31:37 GMT - Egypt - Economy - SN:10 - ID:11211430

    CAIRO, June 9 (MENA) - Minister of Finance Ahmed Kouchouk said Monday the government was exerting efforts to reduce burdens on investors in the coming period, explaining that the priority is to broaden the tax basis in order to create a large fiscal ....

  • Saxony Egypt University brings German dual education system to Egypt

    Date: 2025-06-08 15:12:12 GMT - Egypt - Economy - SN:9 - ID:11210778

    CAIRO, June 8 (MENA) - Academic President of Saxony Egypt University for Applied Sciences and Technology Ghada Bassiouni asserted that the university brings the dual education system from Germany to Egypt. The curriculum is based on knowledge and ....

  • Transport ministry urges private sector to invest in river transport projects

    Date: 2025-06-08 13:13:09 GMT - Egypt - Economy - SN:18 - ID:11210935

    CAIRO, June 8 (MENA) – The Ministry of Transport has urged private sector companies to invest in the river transport projects in conjunction with the implementation of a comprehensive plan to develop this sector, upon directives from the political ....

  • Finance min.: EGP 78bln to be allocated to encourage private sector to increase production, exports

    Date: 2025-06-08 08:17:52 GMT - Egypt - Economy - SN:5 - ID:11210646

    CAIRO, June 8 (MENA) - Finance Minister Ahmed Kouchouk said on Sunday a very ambitious plan will be in place as of July to finance economic support initiatives targeting industrial and export activities. In a statement, the minister said EGP 78 ....

  • Agricultural export, import operations maintained during Eid holiday - ministry

    Date: 2025-06-07 13:15:40 GMT - Egypt - Economy - SN:33 - ID:11210251

    CAIRO, June 7 (MENA) – The Ministry of Agriculture and Land Reclamation said on Saturday that agricultural export and import operations will continue uninterrupted at all ports, airports, and customs checkpoints throughout the Eid al-Adha ....

  • 18 container, cargo ships handled at Damietta Port

    Date: 2025-06-06 17:03:44 GMT - Egypt - Economy - SN:30 - ID:11209750

    DAMIETTA, Egypt, June 6 (MENA) - As many as 18 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released Friday, Damietta Port Authority said that the total trade volume of imported goods into ....

  • Egypt, Cuba explore deeper pharmaceutical cooperation

    Date: 2025-06-05 16:25:27 GMT - Egypt - Economy - SN:25 - ID:11208514

    CAIRO, June 5 (MENA) - Head of the Egyptian Drug Authority (EDA) Ali El-Ghamrawy met with Cuba’s Ambassador in Cairo Alexander Pellicer Moraga on Thursday to discuss strengthening cooperation in pharmaceutical regulation, manufacturing partnerships ....

  • China-backed 500 MW wind power project officially launched in Egypt's Gulf of Suez - ambassador

    Date: 2025-06-05 16:19:23 GMT - Egypt - Economy - SN:32 - ID:11208863

    CAIRO, June 5 (MENA) - Chinese Ambassador to Egypt Liao Liqiang said that the 500-megawatt "Amunet" wind power project in the Gulf of Suez has officially and successfully begun operations. In a post on social media platform X, the ambassador ....

  • South Korea’s Sae-A Group explores potential partnership in Egypt’s textile sector

    Date: 2025-06-05 16:16:03 GMT - Egypt - Economy - SN:41 - ID:11208866

    CAIRO, June 5 (MENA) - Public Enterprises Minister Mohamed Shimi met Thursday with a delegation from South Korea’s Global Sae-A Group to discuss potential cooperation in the textile and garment sector. Talks focused on Egypt’s national textile ....

  • Electricity min., UAE’s AMEA Power discuss expanding renewable energy, battery storage projects

    Date: 2025-06-05 14:21:18 GMT - Egypt - Economy - SN:31 - ID:11208568

    CAIRO, June 5 (MENA) – Electricity and Renewable Energy Minister Mahmoud Esmat met with Sheikh Hussain Al Nowais, chairman of UAE-based AMEA Power, to discuss boosting the company’s investments in renewable energy and battery storage projects, the ....

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