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Economy
- Service : English General
- Category : Economy
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Egypt, Greek Energean mull accelerating Mediterranean's gas production
Date: 2025-04-17 16:52:50 GMT - Egypt - Economy - SN:45 - ID:11143130
CAIRO, April 17 (MENA) - Petroleum and Mineral Resources Minister Karim Badawi met Thursday with Mathios Rigas, CEO of Greek Energean PLC, along with the company’s officials in Egypt. The meeting mulled accelerating cooperation in the company’s ....
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OPEN// PM directs EGP 3 billion payment to settle cotton farmers’ dues
Date: 2025-04-17 16:51:58 GMT - Egypt - Economy - SN:44 - ID:11143274
CAIRO, April 17 (MENA) - Prime Minister Mostafa Madbouli announced that he has directed the Finance Ministry to disburse EGP 3 billion in outstanding payments to cotton farmers next week, covering approximately 300,000 qintars that had not yet been ....
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OPEN// Egypt signs key contracts for phase 1 of Red Sea petrochemicals complex
Date: 2025-04-17 15:14:38 GMT - Egypt - Economy - SN:40 - ID:11143092
CAIRO, April 17 (MENA) - Prime Minister Mostafa Madbouli attended Thursday the signing ceremony of a package of contracts awarded to the Egyptian-Chinese joint venture tasked with executing the basic design works for phase one of the Red Sea ....
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All EGX indices up at end of week trading
Date: 2025-04-17 14:50:06 GMT - Egypt - Economy - SN:36 - ID:11142960
CAIRO, April 17 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Thursday's trading despite sales by Arab and foreign investors’ sales. The market capital closed at EGP 2.203 trillion after transactions totaled ....
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Finance minister: Egypt open to all investors
Date: 2025-04-17 14:07:00 GMT - Egypt - Economy - SN:35 - ID:11142979
CAIRO, April 17 (MENA) - A meeting of the Asian Ambassadors’ Group was held at the residence of the Turkish ambassador in Cairo with Finance Minister Ahmed Kouchouk attending as a guest of honor and keynote speaker in the meeting. The event was ....
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Kima ferrosilicon plant reopens after 5-year halt
Date: 2025-04-17 13:24:44 GMT - Egypt - Economy - SN:31 - ID:11142731
CAIRO, April 17 (MENA) - The Public Business Ministry announced the re-operation of the ferrosilicon plant of the Egyptian Chemical Industries (KIMA) in Aswan which affiliated to the Chemical Industries Holding Company, after a five-year ....
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SIS head: Egyptian-Asian relations support industrial development
Date: 2025-04-17 12:24:23 GMT - Egypt - Economy - SN:26 - ID:11142430
CAIRO, April 17 (MENA) - Diaa Rashwan, Chairman of the State Information Service (SIS), Thursday said Egypt's relations with Asian countries support efforts aimed at developing the industry and manufacturing in light of the great significance ....
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ICT min. discusses with new CEO of Huawei Egypt cooperation in digital transformation, AI
Date: 2025-04-17 11:57:45 GMT - Egypt - Economy - SN:24 - ID:11142568
CAIRO, April 17 (MENA) - Minister of Communications and Information Technology Amr Talaat discussed with new CEO of Huawei Egypt Benjamin Ho the company’s plans to expand its investments in the Egyptian communications and information technology ....
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OPEN// Cabinet: Finance Ministry to pay EGP 3 billion to settle cotton farmers' dues
Date: 2025-04-17 11:51:45 GMT - Egypt - Economy - SN:23 - ID:11142700
CAIRO, April 17 (MENA) - The cabinet discussed during its weekly meeting on Thursday, chaired by Prime Minister Mostafa Madbouli, the settlement of cotton farmers' dues. In this regard, the Finance Ministry pledged it will pay three billion ....
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SCZone revenues hit EGP 8.6bn by end of Q3 in current FY
Date: 2025-04-17 10:45:33 GMT - Egypt - Economy - SN:16 - ID:11142518
CAIRO, April 17 (MENA) - The board of the Suez Canal Economic Zone (SCZone) said the Suez Canal revenues hit a total of EGP 8.6 billion by the end of the third quarter of the 2024-2025 fiscal year from July to March 2025. This marked a 40 percent ....
