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Economy
- Service : English General
- Category : Economy
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Planning min.: Egyptian economy becomes more stable, predictable despite global challenges
Date: 2025-03-04 11:29:01 GMT - Egypt - Economy - SN:16 - ID:11090145
CAIRO, March 4 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said Tuesday Egyptian economy has become more stable and predictable, despite global challenges. In an interview with CNN's Middle ....
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8 OPEC+ countries to up oil production April 1
Date: 2025-03-03 20:59:03 GMT - Austria - Economy - SN:64 - ID:11089696
VIENNA, March 3 (MENA) - Eight oil-producing countries in the OPEC+ decided to gradually return to the voluntary adjustments of 2.2 million barrels per day, starting April 1st. This came during a meeting of the eight OPEC+ member states, which ....
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EBRD, CBE launch national SME champions program
Date: 2025-03-03 18:26:53 GMT - Egypt - Economy - SN:56 - ID:11089501
CAIRO, March 3 (MENA) - The European Bank for Reconstruction and Development (EBRD) and the Central Bank of Egypt (CBE) have launched a national program for SME champions in partnership with local financial institutions, including the Export ....
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OPEN// PM reviews economic development plans, structural reforms
Date: 2025-03-03 15:23:34 GMT - Egypt - Economy - SN:43 - ID:11089276
CAIRO, March 3 (MENA) - Prime Minister Mostafa Madbouli chaired a high-level meeting Monday to discuss key economic and development files with Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat and other ....
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Egypt's food exports to UK hit $86 million in 2024 - FEC
Date: 2025-03-03 13:33:26 GMT - Egypt - Economy - SN:30 - ID:11089080
CAIRO, March 3 (MENA) - Egypt's food exports to the United Kingdom surged by 19% in 2024, reaching $86 million compared to $72 million in 2023, the Food Export Council (FEC) revealed Monday. Frozen fruits led the list of Egyptian food exports to ....
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Banque Misr issues new savings certificate with 27% variable annual interest rate
Date: 2025-03-03 13:32:02 GMT - Egypt - Economy - SN:29 - ID:11089127
CAIRO, March 3 (MENA) - Banque Misr has launched a three-year savings certificate; Youmaty, with a variable annual interest rate of 27%. Paid daily, the rate is priced based on the corridor deposit rate minus 0.25%. The certificate is ....
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Egypt launches int'l bid for oil, gas exploration
Date: 2025-03-03 13:08:35 GMT - Egypt - Economy - SN:27 - ID:11089040
CAIRO, March 3 (MENA) - The Ministry of Petroleum and Mineral Resources on Monday announced launching a new International Bid Round for Oil and Gas Exploration for the year 2025 in seven undeveloped fields in the Mediterranean and six exploration ....
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Bourse indices up at closing of Monday's trading session
Date: 2025-03-03 12:35:31 GMT - Egypt - Economy - SN:25 - ID:11089062
CAIRO, March 3 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Monday's trading session, backed by purchases by foreign institutions and investment funds against sales by local and Arab institutions and Arab ....
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Egypt, EU seal €90mn loan for enhancing food resilience
Date: 2025-03-03 12:03:21 GMT - Egypt - Economy - SN:23 - ID:11088846
CAIRO, March 3 (MENA) - Egypt and the EU Commission on Monday signed a loan worth €90 million for the project "Egypt Food Resilience", supported by the EU and the European Investment Bank. The agreement was signed by Minister of Planning, ....
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With investment of dlrs 4.5 mln, SCZONE signs contract for 'Gold Star Fashion' project in Qantara West Industrial Zone
Date: 2025-03-03 11:52:24 GMT - Egypt - Economy - SN:22 - ID:11088893
CAIRO, March 3 (MENA) - Chairman of the General Authority of the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din and chairman of China's Gold Star Fashion Ltd. Han ShiQin signed on Monday a contract to set up a project for manufacturing ....
