Economy

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  • Category : Economy
  • Industry leaders to MENA: Trump tariffs could turn Egypt into global production hub

    Date: 2025-04-10 20:11:54 GMT - Egypt - Economy - SN:75 - ID:11133651

    CAIRO, April 10 (MENA) – Many manufacturers said that US President Donald Trump’s new tariff policy offers a strategic opportunity to turn Egypt into a global manufacturing hub and attract new foreign investment. In statements to MENA, Hassan ....

  • Petroleum minister: Sidi Kerir records EGP 2.53 bln net profit in 2024

    Date: 2025-04-10 20:10:33 GMT - Egypt - Economy - SN:73 - ID:11133624

    CAIRO, April 10 (MENA) – Minister of Petroleum and Mineral Resources Karim Badawi announced that Sidi Kerir Petrochemicals (Sidpec) recorded a net profit of EGP 2.53 billion in 2024, marking a 3% increase over the previous year. During the ....

  • Egypt adopts clear policies to boost foreign trade competitiveness - Minister

    Date: 2025-04-10 18:48:36 GMT - Egypt - Economy - SN:71 - ID:11133424

    CAIRO, April 10 (MENA) - Egypt is adopting trade reforms through clear policies aimed at enhancing the competitiveness of its foreign trade, streamlining border procedures, and reducing the time and cost of customs clearance, Minister of Investment ....

  • Egypt, WB mull cooperation to advance economic development

    Date: 2025-04-10 17:38:02 GMT - Egypt - Economy - SN:66 - ID:11133354

    CAIRO, April 10 (MENA) - Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat met Thursday with Country Director of the World Bank for Egypt, Yemen, and Djibouti Stephane Guimbert to discuss avenues of ....

  • Labor min. discusses expansion of professional verification agreement with Saudi Arabia

    Date: 2025-04-10 17:19:57 GMT - Egypt - Economy - SN:64 - ID:11133552

    CAIRO, April 10 (MENA) - Minister of Labor Mohamed Gobran had a meeting via video conference with officials from the Saudi Al-Takamul Group, which represents the Kingdom's Ministry of Human Resources and Social Development. The two sides ....

  • Saudi business delegation visits Egypt Saturday to explore available investment opportunities

    Date: 2025-04-10 16:59:09 GMT - Kingdom of Saudi Arabia - Economy - SN:63 - ID:11133355

    RIYADH, April 10 (MENA) - A high-profile delegation from the Federation of Saudi Chambers of Commerce and Industry will visit Egypt on Saturday to explore available investment opportunities in the country. The visit comes after Egypt and Saudi ....

  • Mashat takes part in Egyptian-Hungarian Business Forum

    Date: 2025-04-10 16:15:01 GMT - Egypt - Economy - SN:57 - ID:11133513

    CAIRO, April 10 (MENA) - Planning, Economic Development and International Cooperation Minister Rania el Mashat participated in the activities of the Egyptian-Hungarian Business Forum, held at the headquarters of the General Authority for Investment ....

  • Egypt committed to providing more open, competitive, dynamic economy, says min.

    Date: 2025-04-10 15:55:47 GMT - Egypt - Economy - SN:54 - ID:11133221

    CAIRO, April 10 (MENA) - Minister of Investment and Foreign Trade Hassan El-Khatib said the State is committed to providing a more open, competitive, and dynamic economy. Khatib made the remarks on Thursday during his participation in the ....

  • Labor min., Greek migration min. probe hiring Egyptian seasonal workers

    Date: 2025-04-10 15:26:02 GMT - Egypt - Economy - SN:49 - ID:11133098

    CAIRO, April 10 (MENA) - Minister of Labor Mohamed Gobran Thursday discussed with Greek Minister of Migration and Asylum Makis Voridis putting into force an agreement on hiring Egyptian seasonal workers in the Greek agricultural sector. This came ....

  • CBE: Annual core inflation declines to 9.4 percent in March

    Date: 2025-04-10 15:07:48 GMT - Egypt - Economy - SN:46 - ID:11133268

    CAIRO, April 10 (MENA) - Egypt's annual core inflation rate declined to 9.4 percent in March 2025 from 10.0 percent in February, the Central Bank of Egypt (CBE) announced Thursday. In a statement, the CBE said the monthly Consumer Price Index ....

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