Economy

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  • Category : Economy
  • Transforming mineral resources authority into economic entity maximizes value of Egypt’s wealth - Minister

    Date: 2025-04-28 19:11:31 GMT - Egypt - Economy - SN:62 - ID:11156993

    CAIRO, April 28 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi affirmed that the amendment of the Mineral Resources Law and the restructuring of the mineral resources authority into an economic entity under the name "Mineral ....

  • OPEN// PM urges for speedy digital transformation to facilitate access to government services

    Date: 2025-04-28 19:00:30 GMT - Egypt - Economy - SN:58 - ID:11157065

    CAIRO, April 28 (MENA) - Prime Minister Mostafa Madbouly underscored the critical importance of forging ahead with efforts to accelerate digital transformation which will help facilitate access to a variety of government services, especially ....

  • Egypt working on clear strategy for cotton, textile industry - Minister

    Date: 2025-04-28 18:33:36 GMT - Egypt - Economy - SN:56 - ID:11156745

    CAIRO, April 28 (MENA) - Egypt is working on building a clear strategy for the cotton and textile industry, capitalizing on its competitive advantages, particularly the high quality of Egyptian cotton and its distinguished geographical location, ....

  • EgyptAir Cargo partook in IATA World Cargo Symposium in Dubai

    Date: 2025-04-28 18:10:56 GMT - Egypt - Economy - SN:54 - ID:11157067

    CAIRO, April 28 (MENA) - EgyptAir Cargo, led by Chairman and Executive Managing Director Ehab El-Tahtawi, participated in the IATA World Cargo Symposium in Dubai to strengthen its international presence and engage with industry leaders. The ....

  • OPEN// PM confers with CBE governor on Egypt's current economic performance

    Date: 2025-04-28 18:06:17 GMT - Egypt - Economy - SN:53 - ID:11157062

    CAIRO, April 28 ( MENA) - Prime Minister Mostafa Madbouly met with Governor of the Central Bank of Egypt (CBE) Hassan Abdullah as part of ongoing coordination and regular follow-up regarding Egypt's macroeconomic indicators, efforts to reduce ....

  • GIZ launches new initiative to promote green services in Egypt

    Date: 2025-04-28 17:54:46 GMT - Egypt - Economy - SN:52 - ID:11156943

    CAIRO, April 28 (MENA) - The German Agency for International Cooperation (GIZ) has launched a new initiative aimed at enhancing the green portfolio for business service providers in Egypt. According to a GIZ statement, the initiative aims to ....

  • Egypt’s budget deficit drops 5.1% of GDP in eight months

    Date: 2025-04-28 16:22:08 GMT - Egypt - Economy - SN:46 - ID:11156814

    CAIRO, April 28 (MENA) - The Ministry of Finance announced a decrease in the overall budget deficit for the state’s general budget between July and February of the current fiscal year 2024/2025, reaching EGP 879.3 billion, equivalent to 5.1% of GDP, ....

  • Public expenditure rises 15.8% in 8 months

    Date: 2025-04-28 14:27:10 GMT - Egypt - Economy - SN:39 - ID:11156865

    CAIRO, April 28 (MENA) - The Ministry of Finance announced Monday that total public expenditure increased by EGP 314.9 billion (15.8%) during the period from July to February 2024/2025, reaching EGP 2.308 trillion compared to EGP 1.993 trillion ....

  • Total tax revenues hit EGP 1.234 trillion in 8 months of FY 2024-25: Finance Ministry

    Date: 2025-04-28 14:23:08 GMT - Egypt - Economy - SN:37 - ID:11156539

    CAIRO, April 28 ( MENA) - The Ministry of Finance announced a significant increase in tax revenues during the period from July to February of the 2024-2025 fiscal year, rising by 38.4% or about EGP 342.4 billion. Total tax revenues reached EGP ....

  • Egypt has successful model of Public-Private Partnership, says UAB head

    Date: 2025-04-28 13:08:09 GMT - Egypt - Economy - SN:27 - ID:11156547

    CAIRO, April 28 (MENA) - Chairman of the Union of Arab Banks (UAB) and the Federation of Egyptian Banks (FEB) Mohamed El-Etreby said Egypt has a successful model of Public-Private Partnership (PPP), citing the implementation of several major ....

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