Economy

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  • Category : Economy
  • El Sewedy Electric acquires 60% stake in Thomassen Service

    Date: 2025-05-05 12:30:06 GMT - Egypt - Economy - SN:15 - ID:11165483

    CAIRO, May 5 (MENA) - El Sewedy Electric S.A.E. (EGX: SWDY.CA)—a premier Integrated Energy and Infrastructure Solutions Provider in Europe, the Middle East, and Africa—has acquired a 60% (sixty percent) stake in Thomassen Service, consisting of its ....

  • Bourse posts collective losses at close of Monday's trading

    Date: 2025-05-05 12:16:54 GMT - Egypt - Economy - SN:13 - ID:11165556

    CAIRO, May 5 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Monday's trading session, on the back of selling operations by Arab institutions, as well as Arab and local investors, against purchases by local and foreign ....

  • EU amb. to MENA: 2nd tranche of EU package for Egypt to be disbursed in weeks

    Date: 2025-05-05 10:12:50 GMT - Egypt - Economy - SN:9 - ID:11165111

    ASWAN, Egypt, May 5 (MENA) - European Union (EU) Ambassador Angelina Eichhorst on Monday said that a €4 billion second tranche of a larger €7.4 billion macro-financial assistance (MFA) package for Egypt is due to be disbursed within a few weeks. ....

  • ICT min.: cybersecurity is collective responsibility involving all members of society

    Date: 2025-05-04 16:42:02 GMT - Egypt - Economy - SN:51 - ID:11164582

    CAIRO, May 4 (MENA) - Minister of Communications and Information Technology Amr Talaat emphasized that cybersecurity is a collective responsibility involving all members of society, underlining the importance of coordinated efforts to build a secure ....

  • Egypt, Morocco discuss development of economic partnership, joint access to African markets

    Date: 2025-05-04 15:35:58 GMT - Egypt - Economy - SN:44 - ID:11164505

    CAIRO, May 4 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib emphasized the importance of coordinating efforts to open new markets for Egyptian and Moroccan products, especially in the sectors of textiles, agriculture, and ....

  • OPEN// Egypt, UAE sign 50-year agreement to develop Kezad East Port Said industrial zone

    Date: 2025-05-04 15:21:09 GMT - Egypt - Economy - SN:40 - ID:11164493

    CAIRO, May 4 (MENA) - Prime Minister Mostafa Madbouli witnessed Sunday the signing of an agreement for the development of the “Kezad East Port Said” zone, an industrial and logistics hub to be established through a partnership between Egypt’s ....

  • OPEN// Investment min. opens Egyptian-Moroccan Investment Forum

    Date: 2025-05-04 12:31:22 GMT - Egypt - Economy - SN:29 - ID:11164128

    CAIRO, May 4 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib on Sunday opened the Egyptian-Moroccan Investment Forum under the theme "A promising economic partnership". The forum is attended by Moroccan Secretary of State in ....

  • Bourse indices up at end of Sunday trading

    Date: 2025-05-04 12:22:06 GMT - Egypt - Economy - SN:28 - ID:11164304

    CAIRO, May 4 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Sunday transactions prompted by purchases by Egyptian individuals against sales by foreign and Arab investors, institutions and investment funds. The ....

  • AirCairo launches new route to Amman’s Queen Alia Airport

    Date: 2025-05-03 16:04:04 GMT - Egypt - Economy - SN:45 - ID:11163191

    CAIRO, May 3 (MENA) – AirCairo has launched a new route between Cairo International Airport and Amman Queen Alia International Airport in Amman, Jordan. The airline is set to operate two flights a week on Wednesdays and Fridays between the two ....

  • EU Amb., NCW's head, Aswan governor inspect exhibition of 'Tahwesha' beneficiaries in Aswan

    Date: 2025-05-03 10:31:12 GMT - Egypt - Economy - SN:13 - ID:11162745

    ASWAN, Upper Egypt, May 3 (MENA) - European Union Ambassador to Egypt Angelina Eichhorst, Chairperson of the National Council for Women (NCW) Amal Ammar and Aswan Governor Ismail Kamal inspected Saturday morning the handmade products exhibition of ....

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