Economy

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  • Category : Economy
  • Online licensing platform to be launched in May - Investment min.

    Date: 2025-04-29 21:24:24 GMT - Egypt - Economy - SN:71 - ID:11158900

    CAIRO, April 29 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib unveiled on Tuesday that a unified licensing platform, which will issue up to 389 licenses and online services to investors, is set to be launched next ....

  • Egypt, Thailand hold 7th round of political consultations in Cairo

    Date: 2025-04-29 19:32:51 GMT - Egypt - Economy - SN:63 - ID:11158866

    CAIRO, April 29 (MENA) - The seventh round of political consultations between Egypt and Thailand was held in Cairo on Tuesday. The Egyptian side was headed by Assistant Foreign Minister for Asian, Australian, New Zealand, and Pacific Affairs ....

  • House okays 5 bills on oil & gas exploration

    Date: 2025-04-29 19:21:31 GMT - Egypt - Economy - SN:61 - ID:11158520

    CAIRO, April 29 (MENA) - The House of Representatives approved, during its plenary session on Tuesday, five bills allowing the petroleum minister to contract with some companies for oil and gas exploration in certain regions nationwide. Under the ....

  • SCZone, Indian company sign contract for 25-million-dollar project

    Date: 2025-04-29 18:58:20 GMT - Egypt - Economy - SN:55 - ID:11158780

    CAIRO, April 29 (MENA) - Chairman of the General Authority For Suez Canal Economic Zone (SCZone) Walid Gamal el Din and the CEO of India's Willow Ferro company signed on Tuesday a contract to set up a new metal industries project in the East ....

  • Mashat: IMF, WB expect Egypt's national economy to grow in 2025-2026

    Date: 2025-04-29 18:38:33 GMT - Egypt - Economy - SN:52 - ID:11158760

    CAIRO, April 29 (MENA) - Despite global growth projections, the International Monetary Fund (IMF) and the World Bank (WB) expect Egypt's economy to grow in 2025 and 2026, attributing the positive outlook to ongoing economic reforms and private ....

  • SCA chief stresses commitment to ensuring stability of international supply chains

    Date: 2025-04-29 17:39:13 GMT - Egypt - Economy - SN:47 - ID:11158518

    ISMAILIA, Egypt, April 29 (MENA) - Chairman of the Suez Canal Authority (SCA) Osama Rabie emphasized the Authority’s commitment to its vital role in supporting global trade and ensuring the stability of international supply chains, despite current ....

  • Egypt, India discuss joint investments in fertilizers, phosphates

    Date: 2025-04-29 17:12:59 GMT - Egypt - Economy - SN:43 - ID:11157950

    CAIRO, April 29 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi met with Acting Indian Ambassador to Egypt C. Sushma and representatives from four major Indian fertilizer and chemical companies to discuss expanding cooperation in ....

  • Egypt has leading experience in debt-for-development swaps with bilateral partners - min.

    Date: 2025-04-29 17:05:43 GMT - United Nations - Economy - SN:42 - ID:11158191

    NEW YORK, April 29 (MENA) - Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat participated in a high-level ministerial dialogue on "Lowering Borrowing Costs and Advancing Development-Oriented Debt ....

  • 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 ....

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