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Economy
- Service : English General
- Category : Economy
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Egypt, WEC mull MoU to boost skilled labor exports
Date: 2025-06-05 12:11:32 GMT - Egypt - Economy - SN:21 - ID:11208579
CAIRO, June 5 (MENA) – Labor Minister Mohamed Gebran met with Bettina Schaller, President of the World Employment Confederation (WEC), on the sidelines of the 113th International Labor Conference in Geneva, to explore cooperation in employment and ....
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Transport min. directs establishing industrial complex for bridges, tunnels construction components
Date: 2025-06-05 10:00:44 GMT - Egypt - Economy - SN:14 - ID:11208295
CAIRO, June 5 (MENA) – Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel el Wazir, on Thursday directed the formation of a technical committee to develop a comprehensive road map for establishing an ....
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OPEN// Egypt replaces capital gains tax with stamp tax on stock transactions
Date: 2025-06-04 18:18:00 GMT - Egypt - Economy - SN:72 - ID:11207778
CAIRO, June 4 (MENA) – Prime Minister Mostafa Madbouli chaired a meeting to finalize changes to the taxation of listed stock market transactions, confirming the replacement of the capital gains tax with a stamp duty that will apply to both residents ....
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OPEN// PM: Dollar needs covered for 3rd straight month
Date: 2025-06-04 18:17:15 GMT - Egypt - Economy - SN:69 - ID:11207707
CAIRO, June 4 (MENA) – Prime Minister Mostafa Madbouli said Egypt’s foreign currency needs have been fully covered through local resources for the third month in a row, according to the Central Bank. In press statements on Wednesday following ....
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Egyptian exports to UAE jump 47% in 2024: CAPMAS
Date: 2025-06-04 15:26:56 GMT - Egypt - Economy - SN:57 - ID:11207503
CAIRO, June 4 (MENA) – The Central Agency for Public Mobilization and Statistics (CAPMAS) reported that Egyptian exports to the United Arab Emirates rose to $3.3 billion in 2024, up from $2.2 billion in 2023 — an increase of 46.9%. Imports from ....
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OPEN// AFD, Sawiris Foundation launch support program for smallholder farmers in Egypt
Date: 2025-06-04 15:15:02 GMT - Egypt - Economy - SN:55 - ID:11207479
CAIRO, June 4 (MENA) – The French Development Agency (AFD), the Sawiris Foundation for Social Development, the Essam and May Allam Foundation, and the Louis Dreyfus Foundation launched a joint initiative to support smallholder farmers across ....
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Planning min. praises Egypt’s position as regional trade, logistics hub
Date: 2025-06-04 15:01:32 GMT - Egypt - Economy - SN:54 - ID:11207478
CAIRO/PARIS, June 4 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania al Mashat praised Egypt’s growing position as a regional trade and logistics hub, citing strong infrastructure in ports, transport, and ....
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CBE: net int'l reserves surpass $48.5 bln in May
Date: 2025-06-04 14:39:29 GMT - Egypt - Economy - SN:49 - ID:11207344
CAIRO, June 4 (MENA) - Egypt's net international reserves rose to $48.5261 billion at the end of May 2025, up from $48.144 billion a month earlier, the Central Bank of Egypt (CBE) said on Wednesday. The increase amounts to $382.1 ....
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OPEN// Cabinet sets feed-in tariff for power generated from sewage sludge, biogas
Date: 2025-06-04 13:43:59 GMT - Egypt - Economy - SN:45 - ID:11207198
CAIRO, June 4 (MENA) – The Cabinet approved on Wednesday, during a meeting under Prime Minister Mostafa Madbouly, a feed-in tariff of $0.044 per kilowatt-hour for electricity generated from sewage sludge or biogas extracted from sanitary landfills, ....
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OPEN// Cabinet follows up on progress in revamping textile industry
Date: 2025-06-04 13:37:19 GMT - Egypt - Economy - SN:44 - ID:11207194
CAIRO, June 4 (MENA) – Prime Minister Mostafa Madbouly on Wednesday directed officials to involve the private sector in the management and operation of newly upgraded public-sector textile factories, in a bid to improve efficiency and protect recent ....
