Economy

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  • Category : Economy
  • EGX indices down at close of Monday's trading

    Date: 2025-03-24 12:13:38 GMT - Egypt - Economy - SN:21 - ID:11113832

    CAIRO, March 24 (MENA) - Egyptian Exchange (EGX) indexes went down at the close of trading on Monday, backed by sales by Arab and Egyptian institutions, investment funds and investors against purchases by foreign institutions and individuals. The ....

  • Agriculture min.: Localizing industrial technology in Egypt as per President Sisi's directives

    Date: 2025-03-24 11:11:41 GMT - Egypt - Economy - SN:14 - ID:11113421

    CAIRO, March 24 (MENA) - Minister of Agriculture and Land Reclamation Alaa Farouq affirmed that as President Abdel Fattah El Sisi's directives, his ministry work on localizing industrial technology in Egypt. This will contribute to increasing ....

  • Digital technology most influential, powerful tool to address societal challenges, says Talaat

    Date: 2025-03-24 10:18:45 GMT - Egypt - Economy - SN:12 - ID:11113387

    CAIRO, March 24 (MENA) - Minister of Communications and Information Technology Amr Talaat has delivered a recorded speech at the National Conference of the National Initiative for Smart Green Projects (Round Three) stressing that digital technology ....

  • Petroleum Ministry: Rashpetco, Burullus target boosting production to 320 mmcf/d in FY 2024-2025

    Date: 2025-03-24 10:11:06 GMT - Egypt - Economy - SN:11 - ID:11113423

    CAIRO, March 24 (MENA) - Rashid Petroleum (Rashpetco) and Burullus Gas companies are planning to increase the average production to 320 million cubic feet per day (mmcf/d) of natural gas during the fiscal year 2024- 2025, exceeding the production of ....

  • Petroleum Ministry: 4.7mn tons of petroleum products handled by MIDTAP in 2024

    Date: 2025-03-24 09:06:09 GMT - Egypt - Economy - SN:7 - ID:11113416

    CAIRO, March 24 (MENA) - The Middle East Oil Tankage and Pipelines (MIDTAP) company has achieved a remarkable increase in handling petroleum products with 4.7 million tons handled by the company in 2024, compared to 1.6 million tons in 2023. The ....

  • OPEN// PM chairs Industrial Development Meeting, approves new Alstom project

    Date: 2025-03-23 15:46:40 GMT - Egypt - Economy - SN:38 - ID:11112893

    CAIRO, March 23 (MENA) – Prime Minister Dr Mostafa Madbouly chaired a meeting of the ministerial group for industrial development, on Sunday, approving the establishment of a new project by Alstom. The project will involve the construction of two ....

  • OPEN// PM reviews land allocations for new, renewable energy projects

    Date: 2025-03-23 14:28:37 GMT - Egypt - Economy - SN:33 - ID:11112700

    CAIRO, March 23 (MENA) - Prime Minister Mostafa Madbouli on Sunday reviewed progress achieved in allocating lands for projects new and renewable energy, in particular the green hydrogen, as well as the status of energy as for the upcoming ....

  • Bourse posts collective gains Sunday

    Date: 2025-03-23 12:56:51 GMT - Egypt - Economy - SN:27 - ID:11112668

    CAIRO, March 23 (MENA) - Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday's trading session backed by purchases of local institutions and investment funds. The market capital gained about EGP 11 billion, to register ....

  • PM follows up on joint files between ministries of finance, petroleum

    Date: 2025-03-23 11:48:16 GMT - Egypt - Economy - SN:19 - ID:11112491

    CAIRO, March 23 (MENA) – Prime Minister Moustafa Madbouli followed up, during a meeting on Sunday, a number of joint files between the ministries of finance and petroleum in presence of Finance Minister Ahmed Kouchouk and Petroleum Minister Karim ....

  • Transport min. inspects progress achieved in 1st phase of BRT, Metro Line 4 projects

    Date: 2025-03-23 11:32:23 GMT - Egypt - Economy - SN:18 - ID:11112452

    CAIRO, March 23 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir on Sunday inspected the first phase of the Bus Rapid Transit (BRT) and work progress of the second phase of the Greater ....

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