Economy

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  • Category : Economy
  • Military Production Ministry works on attracting more investments- Min.

    Date: 2025-05-06 14:26:42 GMT - Egypt - Economy - SN:55 - ID:11167188

    CAIRO, May 6 (MENA) – State Minister for Military Production Mohamed Salah Eddin Moustafa has underscored the need to lure further investments and have new strategic partnerships with state-run bodies. He said the Ministry of Military Production ....

  • OPEN// PM, Visa CEO review company's investment plan in Egypt

    Date: 2025-05-06 14:12:39 GMT - Egypt - Economy - SN:52 - ID:11167347

    CAIRO, May 6 (MENA) - Prime Minister Mostafa Madbouly reiterated that the Egyptian government provides all necessary support to facilitate work of companies in various business sectors. He noted that American companies receive significant ....

  • New procedures adopted to increase oil drilling, production – Min.

    Date: 2025-05-06 13:55:35 GMT - Egypt - Economy - SN:49 - ID:11167180

    CAIRO, May 6 (MENA) – The Egyptian General Petroleum Corporation (EGPC), under Minister of Petroleum and Mineral Resources Karim Badawy, held a videoconference meeting on Tuesday. The Ministry of Petroleum and Mineral Resources said in a ....

  • All EGX indices up, benchmark increases 0.23 pct

    Date: 2025-05-06 12:27:39 GMT - Egypt - Economy - SN:40 - ID:11167215

    CAIRO, May 6 (MENA) - Egyptian Exchange (EGX) indices went up collectively at the close of Tuesday's trading, pushed by purchases from local institutions and investment funds as well as Arab and foreign investors. The market capital gained nearly ....

  • OPEN// Egypt’s foreign reserves reach historic record of over $48 billion in April 2025

    Date: 2025-05-06 12:22:11 GMT - Egypt - Economy - SN:38 - ID:11167216

    CAIRO, May 6 (MENA) - The Central Bank of Egypt announced that the country’s net foreign currency reserves reached a new all-time high at the end of April 2025, surpassing the $48 billion mark for the first time in its history. In a statement, ....

  • Petroleum min., Abu Dhabi Ports Group probe boosting cooperation

    Date: 2025-05-06 10:20:56 GMT - Egypt - Economy - SN:24 - ID:11166632

    CAIRO, May 6 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi on Tuesday discussed with Ahmad Al Mutawa, the Regional CEO of Abu Dhabi Ports Group (AD Ports Group), and his accompanying delegation ways of enhancing cooperation. ....

  • Electricity min, IFC delegation mull ways to back renewable energy projects

    Date: 2025-05-06 10:06:50 GMT - Egypt - Economy - SN:22 - ID:11166752

    CAIRO, May 6 (MENA) – Electricity Minister Mahmoud Esmat and delegation members of the International Finance Corporation (IFC) have discussed ways to support renewable energy projects. The Electricity Ministry said in a statement on Tuesday that ....

  • 15,000 tons of goods handled at Red Sea ports

    Date: 2025-05-06 07:22:12 GMT - Egypt - Economy - SN:10 - ID:11166587

    DAMIETTA, Egypt, May 6 (MENA) - Some 15,000 tons of goods were handled at Red Sea ports in the past 24 hours. In a statement released on Tuesday, the Red Sea Port Authority (RSPA) said that the total volume of exported goods from the port ....

  • Minister Mashat says EBRD president’s visit to Egypt reflects strength of bilateral relations

    Date: 2025-05-05 22:12:14 GMT - Egypt - Economy - SN:61 - ID:11166370

    CAIRO, May 5 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat emphasized the significance of the visit by President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso to ....

  • OPEN// PM discusses preparations for holding Egypt-US investment forum late May

    Date: 2025-05-05 18:18:42 GMT - Egypt - Economy - SN:48 - ID:11165992

    CAIRO, May 5 (MENA) - Prime Minister Mostafa Madbouli presided Monday over a meeting of the Ministerial Economic Group to discuss preparations for Egypt’s hosting of the Egypt-US Investment and Economic Forum late May. A number of senior ....

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