Economy
- Service : English General
- Category : Economy
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World Bank lauds UELDP as pioneering example for economic growth, job creation
Date: 2025-03-05 11:52:20 GMT - Egypt - Economy - SN:23 - ID:11091635
CAIRO, March 5 (MENA) - Local Development Minister Manal Awad said the World Bank has recently published a report on its website highlighting the great successes realized by the Upper Egypt Local Development Program (UELDP). The World Bank hailed ....
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Mashat: Supporting sustainable development initiatives with 1.8 bn euros in investment guarantees from EFSD+
Date: 2025-03-05 11:34:31 GMT - Egypt - Economy - SN:21 - ID:11091546
CAIRO, March 5 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat stressed the importance of the “Investment Guarantees for Development Mechanism” to explore mechanisms for engaging private sector ....
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Tourism min. opens Egyptian pavilion at ITB Berlin 2025
Date: 2025-03-05 08:12:16 GMT - Egypt - Economy - SN:10 - ID:11091410
CAIRO, March 5 (MENA) - Minister of Tourism and Antiquities, Sherif Fathi opened the Egyptian pavilion participating in the Berlin Tourist Exchange (ITB Berlin 2025) in the German capital, Berlin. ITB Berlin 2025 activities kickstarted Wednesday ....
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Labor min, GIZ delegation discuss files of mutual concern
Date: 2025-03-04 14:34:01 GMT - Egypt - Economy - SN:30 - ID:11090478
CAIRO, March 4 (MENA) - Minister of Labor Mohamed Gobran discussed with a delegation from the German Agency for International Cooperation (GIZ) promoting cooperation in joint files within the framework of the Labor Market Access Project ....
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Bourse indices go down at closing of Tuesday’s trading session
Date: 2025-03-04 14:31:53 GMT - Egypt - Economy - SN:29 - ID:11090479
CAIRO, March 4 (MENA) - Egyptian Exchange (EGX) indices declined at the close of Tuesday’s trading session, backed by sales of Arab and foreign institutions and investment funds and Arab investors. The market capital lost about EGP 9 billion to ....
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Egypt’s foreign reserves rise to $47.39 bln in February 2025
Date: 2025-03-04 14:31:20 GMT - Egypt - Economy - SN:28 - ID:11090475
CAIRO, March 4 (MENA) - The Central Bank of Egypt (CBE) announced an increase in net international reserves, reaching $47.393 billion at the end of February 2025, up from $47.265 billion in January, marking a rise of $128 million. According to ....
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ICT minister mulls investment opportunities with global companies
Date: 2025-03-04 14:27:58 GMT - Egypt - Economy - SN:25 - ID:11090086
CAIRO, March 4 (MENA) - Minister of Communications and Information Technology Amr Talaat has discussed investment opportunities with a number of global companies. The minister held meetings with senior officials of international companies on the ....
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Suez embraces biggest hybrid renewable energy project in ME, Africa
Date: 2025-03-04 14:01:33 GMT - Egypt - Economy - SN:17 - ID:11090225
CAIRO, March 4 (MENA) – TAQA Arabia company announced that it is collaborating with the French company Voltalia to develop the first hybrid renewable energy project in the Middle East and Africa, with a capacity of 3.2 gigawatts. The project, ....
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OPEN// PM reviews green hydrogen, ammonia project in Gulf of Suez
Date: 2025-03-04 13:15:50 GMT - Egypt - Economy - SN:22 - ID:11090361
CAIRO, March 4 (MENA) - Prime Minister Mostafa Madboui chaired a high-level meeting on Tuesday to review a proposed project for producing green hydrogen and ammonia in the Gulf of Suez. The meeting was attended by Deputy Prime Minister for ....
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OPEN// PM follows up on progress of IPO program
Date: 2025-03-04 12:32:40 GMT - Egypt - Economy - SN:19 - ID:11090149
CAIRO, March 4 (MENA) - Prime Minister Mostafa Madbouli presided Tuesday over a meeting of the government to follow up on the implementation progress of the initial public offering (IPO) program. The meeting was attended by Minister of ....