Economy

  • Service : English General
  • Category : Economy
  • Military Production Ministry works on backing local industry - Min.

    Date: 2025-04-15 16:03:03 GMT - Egypt - Economy - SN:34 - ID:11139814

    CAIRO, April 15 (MENA) – State Minister for Military Production Mohamed Salah Eddin Moustafa said his ministry is keen to enforce the directives of President Abdel Fattah El Sisi to support national industrialization and establish partnerships with ....

  • New draft budget aims to reduce debt-to-GDP ratio to 81% by end of June 2026 - min.

    Date: 2025-04-15 14:35:31 GMT - Egypt - Economy - SN:30 - ID:11139730

    CAIRO, April 15 (MENA) - Finance Minister Ahmed Kouchouk stated that the new draft budget for the upcoming 2025/2026 fiscal year aims to continue reducing the debt-to-GDP ratio to 81% by the end of June 2026. He also noted that the government ....

  • Finance min. tells House financial, economic performance indicators improved over past 9 months

    Date: 2025-04-15 14:18:39 GMT - Egypt - Economy - SN:28 - ID:11139735

    CAIRO, April 15 (MENA) - Minister of Finance Ahmed Kouchouk said that all Egypt’s financial and economic performance indicators have significantly improved over the past nine months, attributing this to better economic conditions and increased trust ....

  • OPEN// PM inspects progress in Amunet wind farm

    Date: 2025-04-15 14:03:42 GMT - Egypt - Economy - SN:26 - ID:11139649

    RAS GHAREB, Egypt, April 15 (MENA) - Prime Minister Mostafa Madbouli followed up on implementation progress of Amunet wind power project in Ras Gharib city in the Red Sea governorate. The premier during his tour Tuesday was accompanied by ....

  • Bourse indexes up at close of Tuesday's trading

    Date: 2025-04-15 13:57:35 GMT - Egypt - Economy - SN:25 - ID:11139810

    CAIRO, April 15 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Tuesday's trading session, backed by purchases of local and foreign institutions and investment funds, as well as Arab and foreign investors, against ....

  • House approves bills on final accounts for FY 2023/24 state budget

    Date: 2025-04-15 12:52:35 GMT - Egypt - Economy - SN:23 - ID:11139455

    CAIRO, April 15 (MENA) – The House of Representatives, under Speaker Hanafy Gebaly, has approved bills on economic and social development plans and budgets for the fiscal year 2023/24. During its plenary session on Tuesday, the approvals included ....

  • OPEN// PM inspects progress in Ras Ghareb wind farm

    Date: 2025-04-15 11:36:21 GMT - Egypt - Economy - SN:18 - ID:11139407

    RAS GHAREB, Egypt, April 15 (MENA) – Prime Minister Mostafa Madbouli followed up on implementation progress of a wind farm for power generation at 650 megawatts in Ras Gharib city. During his tour, the premier on Tuesday was accompanied by ....

  • MSMEDA CEO: We seek allocating EGP 15 bn for financing startups

    Date: 2025-04-15 09:47:35 GMT - Egypt - Economy - SN:10 - ID:11139115

    CAIRO, April 15 (MENA) - CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) Bassel Rahmy said the agency allocates about EGP 10 billion annually for SMEs and seeks to up financing for startups to EGP 15 billion in the coming ....

  • Egypt, OAPEC discuss plans for Arab energy unity

    Date: 2025-04-15 07:50:03 GMT - Egypt - Economy - SN:4 - ID:11138979

    CAIRO, April 15 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi held discussions with Jamal Al Loughani, the Secretary General of the Organization of Arab Petroleum Exporting Countries (OAPEC), focusing on enhancing Arab ....

  • Global (1): Carveout: Lulu Group completes complex SAP data transformation project with SNP, laying foundation for successful IPO

    Date: 2025-04-15 07:37:16 GMT - United Arab Emirates - Economy - SN:2 - ID:11139018

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================== In preparation of the IPO of their retail division, Lulu Group needed to divest two business units ....

Middle East News Agency © - designed and developed : GCSSD