ar
en
fr
Economy
- Service : English General
- Category : Economy
-
Egypt's net foreign assets rise $1.2 bln in May on strong bank inflows
Date: 2025-07-07 15:53:11 GMT - Egypt - Economy - SN:35 - ID:11248728
CAIRO, July 7 (MENA) - Egypt's net foreign assets (NFAs) rose by $1.2 billion in May to $14.7 billion, up from $13.6 billion in April, the Central Bank of Egypt (CBE) data showed. Banking experts told state news agency MENA the increase was ....
-
Electricity, petroleum ministers highlight joint strategy to secure fuel supplies, maintain power grid stability
Date: 2025-07-07 15:43:11 GMT - Egypt - Economy - SN:31 - ID:11248620
CAIRO, July 7 (MENA) – Minister of Electricity and Renewable Energy Mahmoud Esmat underscored the sustained coordination and comprehensive integration among the relevant authorities, most notably the Ministry of Electricity and Renewable Energy and ....
-
Bourse gains EGP 1 bln at close of Monday's trading session
Date: 2025-07-07 14:03:37 GMT - Egypt - Economy - SN:30 - ID:11248729
CAIRO, July 7 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday's trading session, backed by strong performance by the shares of banks and financial services, as well as the sectors of manufacturing, ....
-
CBE: Egypt's net forex reserves rise to 48.7 bln dollars in June
Date: 2025-07-07 13:25:02 GMT - Egypt - Economy - SN:28 - ID:11248781
CAIRO, July 7 (MENA) - The Central Bank of Egypt (CBE) on Monday announced that the country's net international reserves rose by about 174 million dollars to hit 48.7 billion dollars by the end of June 2025, compared to 48.526 billion dollars in May ....
-
Supply min. attends 9th UNCTAD conf.
Date: 2025-07-07 13:15:39 GMT - Egypt - Economy - SN:25 - ID:11248311
CAIRO, July 7 (MENA) - Minister of Supply and Internal Trade Sherif Farouk will participate in the 9th United Nations (UN) Conference on Competition and Consumer Protection held by UNCTAD in the UN Office in Geneva between July 7-11. In a ....
-
Military production min. stresses importance of implementing modern information systems to support digital transformation
Date: 2025-07-07 12:05:08 GMT - Egypt - Economy - SN:20 - ID:11248276
CAIRO, July 7 (MENA) - Minister of State for Military Production Mohamed Salaheldin Moustafa reaffirmed Monday the ministry’s commitment to advancing military production systems and strengthening their operational capabilities. The minister ....
-
Industry minister discusses with car manufactures new amendments to national program for development of automotive industry
Date: 2025-07-07 11:56:02 GMT - Egypt - Economy - SN:19 - ID:11248442
CAIRO, July 7 (MENA) - Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el-Wazir and Minister of Investment and Foreign Trade Hassan el-Khatib held an extensive meeting Monday with automotive manufacturers ....
-
Mashat hails cooperation with UNDP
Date: 2025-07-07 11:20:51 GMT - Egypt - Economy - SN:14 - ID:11248385
CAIRO, July 7 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat voiced her sincere thanks and appreciation to Resident Representative of the United Nations Development Program (UNDP) in Egypt ....
-
CBE instructs banks to help exporters comply with CBAMs
Date: 2025-07-07 09:40:14 GMT - Egypt - Economy - SN:7 - ID:11248255
CAIRO, July 7 (MENA) - The Central Bank of Egypt (CBE) has instructed banks to provide comprehensive support to their exporting clients to ensure their production processes comply with international sustainability standards. In a statement issued ....
-
Petroleum Ministry: 11 new wells to produce 160 bln cubic feet of natural gas
Date: 2025-07-07 09:09:09 GMT - Egypt - Economy - SN:5 - ID:11247965
CAIRO, July 7 (MENA) -The Ministry of Petroleum and Mineral Resources Monday announced launching an integrated program to drill 11 new natural gas wells to produce 160 billion cubic feet of natural gas. The new wells are anticipated to deliver a ....
