Economy

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  • Category : Economy
  • OPEN// PM: Egypt keen to strengthen ties with Saudi Arabia

    Date: 2025-04-29 16:25:48 GMT - Egypt - Economy - SN:39 - ID:11158506

    CAIRO, April 29 (MENA) – Prime Minister Moustafa Madbouli has lauded the historical ties between Egypt and Saudi Arabia, voicing keenness to cement bilateral relations under the directives of both countries’ political leaderships. The premier’s ....

  • Egypt’s unemployment rate drops to 35-year low amid economic reforms

    Date: 2025-04-29 15:18:11 GMT - Egypt - Economy - SN:31 - ID:11158429

    CAIRO, April 29 (MENA) - The Egyptian Cabinet's Media Center announced that the national unemployment rate has fallen to its lowest level in 35 years, a sign of the state's success in revitalizing the labor market and accelerating economic ....

  • International institutions laud Egyptian economic performance: PM

    Date: 2025-04-29 14:47:30 GMT - Egypt - Economy - SN:30 - ID:11158220

    CAIRO, April 29 (MENA) - Prime Minister Moustafa Madbouli asserted that the outlook of the international institutions on the Egyptian economy remains positive, highlighting their praise for Egypt's progress on the path of economic reform. He ....

  • OPEN// Investment min. receives secretary-general of Egyptian-Saudi Coordination Council

    Date: 2025-04-29 12:52:41 GMT - Egypt - Economy - SN:23 - ID:11158101

    CAIRO, April 29 (MENA) - Minister of Investment and Foreign Trade Hassan el-Khatib stressed the importance of achieving integration between Egypt and Saudi Arabia, highlighting Egypt's great human potential, encompassing more than 32 million people ....

  • OPEN// Finance min.: We’re ready with successive packages to face up to any tax challenges

    Date: 2025-04-29 11:29:04 GMT - Egypt - Economy - SN:16 - ID:11157828

    CAIRO, April 29 (MENA) - Minister of Finance Ahmed Kouchouk said the Ministry of Finance is ready to apply successive packages facilitating investments with the aim of confronting any tax challenges investors might face. “We are ready with ....

  • EGAS, ExxonMobil ink MoU on bases of new agreement system

    Date: 2025-04-29 11:04:04 GMT - Egypt - Economy - SN:12 - ID:11157752

    CAIRO, April 29 (MENA) – The Egyptian Natural Gas Holding Company (EGAS) has signed a preliminary memorandum of understanding (MoU) with ExxonMobil Egypt Upstream Limited to set the foundation for applying a new system in the Cairo and Masry ....

  • Egypt's amb. partakes in Egyptian-Saudi Industrial Forum in Riyadh

    Date: 2025-04-28 21:59:22 GMT - Egypt - Economy - SN:71 - ID:11157355

    CAIRO, April 28 (MENA) - Egypt's Ambassador to Saudi Arabia Ehab Abu Srei participated in the opening session of the Egyptian-Saudi Industrial Forum, organized by the Federation of Saudi Chambers of Commerce in collaboration with the Federation of ....

  • Egypt partakes in BRICS space agencies' meeting in Brazil

    Date: 2025-04-28 21:14:32 GMT - Egypt - Economy - SN:68 - ID:11157353

    CAIRO, April 28 (MENA) - Chief Executive Officer of the Egyptian Space Agency (EPA) participated in a meeting of the heads of space agencies of the BRICS countries in Brazil, which holds the bloc's presidency this year's session. The meeting ....

  • Egypt-Saudi business forum revitalizes economic relations: CCC chief

    Date: 2025-04-28 19:26:03 GMT - Egypt - Economy - SN:64 - ID:11157066

    CAIRO/RIYADH, April 28 (MENA) - Saudi Minister of Industry Bandar Ibrahim Alkhorayef and Chairman of the Cairo Chamber of Commerce (CCC) Ayman Ashry reviewed Monday ways to promote joint cooperation between both countries. Ashry, also Chairman of ....

  • FRA approves 2 Shariah-compliant Sukuk issuances worth EGP 5.8bn

    Date: 2025-04-28 19:15:50 GMT - Egypt - Economy - SN:63 - ID:11157285

    CAIRO, April 28 (MENA) - The Financial Regulatory Authority (FRA) approved two new sukuk issuances totaling EGP 5.8 billion, as part of ongoing efforts to diversify financing and investment tools that support economic growth. In a statement on ....

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