Economy

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  • Category : Economy
  • CBE: Egyptian expats' remittances reach $20 bln in 7 months

    Date: 2025-04-16 18:37:42 GMT - Egypt - Economy - SN:42 - ID:11141887

    CAIRO, April 16 (MENA) – The Central Bank of Egypt (CBE) revealed that remittances from Egyptians abroad reached $20 billion during the first seven months of fiscal year 2024/2025, compared to $11 billion in the same period last year, recording an ....

  • All EGX indices down, benchmark decreases 0.49 pct

    Date: 2025-04-16 18:20:05 GMT - Egypt - Economy - SN:39 - ID:11141894

    CAIRO, April 16 (MENA) - Egyptian Exchange (EGX) indices went down collectively at the close of Wednesday's trading, amid sales by local and foreign institutions and investment funds as well as Arab and foreign investors. Meanwhile, purchases ....

  • Egypt, Tunisia discuss beefing up joint coop.

    Date: 2025-04-16 16:00:49 GMT - Egypt - Economy - SN:36 - ID:11141656

    CAIRO, April 16 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib has conferred with his Tunisian counterpart Samir Abdel Hafiz on ways to beef up joint cooperation. This came during a visit by Khatib to Tunisia. The two sides ....

  • Egypt’s banking sector contributes EGP 3.9bn to CSR projects in 2024: CBE

    Date: 2025-04-16 13:58:58 GMT - Egypt - Economy - SN:26 - ID:11141229

    CAIRO, April 16 (MENA) - Egypt’s banking sector has contributed around 3.9 billion Egyptian pounds ($76.3 million) to community and development projects in 2024, with a strong focus on healthcare, education, and social welfare, the Central Bank of ....

  • SCA chief: 264 ships rerouted to Suez Canal since February 1

    Date: 2025-04-16 13:57:08 GMT - Egypt - Economy - SN:24 - ID:11141232

    ISMAILIA, Egypt, April 16 (MENA) - Chairman of the Suez Canal Authority (SCA) Osama Rabie said 264 ships have rerouted to transit the Suez Canal since February 1. In statements, he said he was committed to continuing efforts to achieve continuous ....

  • SCA, Grupo Tejedor Lazaro sign deal in fish farming

    Date: 2025-04-16 13:46:49 GMT - Egypt - Economy - SN:22 - ID:11141231

    ISMAILIA, Egypt, April 16 (MENA) - Suez Canal Aquaculture Company, a Suez Canal Authority (SCA) affiliate, signed a memorandum of understanding (MoU) with Spanish Suez Canal Aquaculture Company in fish farming management, with Prime Minister Mostafa ....

  • EU amb. lauds development projects in Suez Canal

    Date: 2025-04-16 11:07:54 GMT - Egypt - Economy - SN:13 - ID:11140943

    CAIRO, April 16 (MENA) - Head of the EU Delegation to Egypt Ambassador Angelina Eichhorst commended development projects in the Suez Canal that cope with the requirements of global trade. She made the remarks during a meeting on Wednesday with ....

  • Egypt, Arabia discuss cooperation in fields of transport

    Date: 2025-04-16 10:49:48 GMT - Kingdom of Saudi Arabia - Economy - SN:10 - ID:11140793

    RIYADH, April 16 (MENA) – Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir discussed with Saudi Transport Minister Saleh bin Nasser al Jasser means to boost cooperation in the different ....

  • EU delegation visits Ismailia Governorate, Suez Canal

    Date: 2025-04-16 07:28:54 GMT - Egypt - Economy - SN:3 - ID:11140622

    CAIRO, April 16 (MENA) - A European Union (EU) delegation headed by EU Ambassador-Designate and head of Delegation to Egypt ambassador Angelina Eichhorst started a visit to Ismailia Governorate and the Suez Canal Wednesday morning. During the ....

  • Petroleum min. probes oil & gas cooperation prospects with Azerbaijan

    Date: 2025-04-15 22:17:11 GMT - Egypt - Economy - SN:65 - ID:11140406

    CAIRO, April 15 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi said Egypt is looking forward to opening up new horizons of cooperation with Azerbaijan in the energy, oil and gas industries, asserting the importance of building on ....

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