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Economy
- Service : English General
- Category : Economy
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PM witnesses "Jirian" project launch
Date: 2025-06-01 18:11:02 GMT - Egypt - Economy - SN:42 - ID:11203145
CAIRO, June 1 (MENA) - Prime Minister Moustafa Madbouly Sunday attended the launch ceremony of the "Jirian" city project on the Sheikh Zayed axis. The ceremony was held at the Cabinet headquarters in the New Administrative Capital . Abdel ....
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OPEN// Madbouly witnesses signing of "Jirian" launch deal of real estate firms
Date: 2025-06-01 18:08:47 GMT - Egypt - Economy - SN:38 - ID:11203066
CAIRO, June 1 (MENA) - Prime Minister Mostafa Madbouly witnessed the signing of a partnership and development contract for the "Jirian" city project, a strategic alliance between the "Egypt Future for Sustainable Development Agency" and leading real ....
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Egypt startups raise $228 mln in first five months of 2025
Date: 2025-06-01 18:01:13 GMT - Egypt - Economy - SN:52 - ID:11202852
CAIRO, June 1 (MENA) – The Ministerial Group for Entrepreneurship announced that Egyptian startups attracted $228 million in funding between January and May 2025. The figure includes venture capital and debt financing from 16 deals. The group ....
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Africa holds major oil, gas reserves, says Egypt’s Petroleum official
Date: 2025-06-01 17:54:14 GMT - Egypt - Economy - SN:50 - ID:11202825
CAIRO, June 1 (MENA) – First Undersecretary of the Ministry of Petroleum, Alaa El Batal, said that Africa has large reserves of natural gas and oil that can support energy needs across the continent and globally. Speaking on behalf of the ....
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Suez wind power plant project wins 2 major int'l awards
Date: 2025-06-01 17:33:50 GMT - Egypt - Economy - SN:44 - ID:11202865
CAIRO, June 1 (MENA) - The Ministry of Planning, Economic Development, and International Cooperation announced Sunday that the 1.1 GW Suez Wind Power Plant project has won two prestigious international awards. Implemented by a consortium of ....
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EDA chief urges for development of pharmaceutical industry
Date: 2025-06-01 16:24:59 GMT - Egypt - Economy - SN:36 - ID:11203026
CAIRO, June 1 (MENA) - Head of the Egyptian Drug Authority (EDA) Ali El-Ghamrawy has urged for strengthening local manufacturing and developing the pharmaceutical industry, a key pillar in achieving the national strategy for healthcare and ....
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Bourse shows mixed performance at close of Sunday trading
Date: 2025-06-01 15:38:14 GMT - Egypt - Economy - SN:32 - ID:11202873
CAIRO, June 1 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the end of trading Sunday on the back of purchases by local and Arab institutions and investment funds as well as foreign and Egyptian investors, against sales by ....
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OPEN// Sisi urges enhancing Egypt’s position as regional hub for foreign investment
Date: 2025-06-01 14:07:46 GMT - Egypt - Economy - SN:20 - ID:11202833
CAIRO, June 1 (MENA) - President Abdel Fattah El Sisi on Sunday emphasized the importance of continuing efforts to improve the investment climate and to bolster Egypt’s position as a regional hub for attracting foreign direct investment in line with ....
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OPEN// PM witnesses inking of protocol to establish consortium between Arab Contractors, China's CSCEC
Date: 2025-06-01 12:56:31 GMT - Egypt - Economy - SN:18 - ID:11202729
CAIRO, June1 (MENA) – Prime Minister Moustafa Madbouli on Sunday witnessed the signing of a protocol between the Arab Contractors Company and China State Construction Engineering Corporation (CSCEC) to establish a consortium to carry out projects in ....
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IDSC: Egypt aims to raise share of renewable energy in nat'l energy to 42 % by 2030
Date: 2025-06-01 08:17:03 GMT - Egypt - Economy - SN:7 - ID:11202269
CAIRO, June 1 (MENA) – Egypt’s solar energy sector has attracted significant attention in recent years, as the government aims to increase the share of renewable energy in the national energy mix to 42% by 2030, according to the National Integrated ....
