Economy

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  • Category : Economy
  • Egypt, Russia eye stronger economic cooperation

    Date: 2025-03-05 19:26:49 GMT - Egypt - Economy - SN:50 - ID:11092311

    CAIRO, March 5 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib reaffirmed Egypt's commitment to supporting foreign investments and providing incentives for Russian investors, underlining the importance of strengthening economic ....

  • Bourse shows mixed performance at close of trading

    Date: 2025-03-05 18:19:34 GMT - Egypt - Economy - SN:44 - ID:11092308

    CAIRO, March 5 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday’s trading session. That was attributed to sales by institutions and Arab, local and foreign investment funds against purchases by Arab, ....

  • Military production minister: We work on developing Industry to support national economy

    Date: 2025-03-05 12:51:53 GMT - Egypt - Economy - SN:27 - ID:11091867

    CAIRO, March 5 (MENA) - Minister of State for Military Production Mohamed Salaheddin Mostafa said on Wednesday that his ministry has been working on developing local industry to support national economy. During a tour of Heliopolis Chemical ....

  • World Bank lauds UELDP as pioneering example for economic growth, job creation

    Date: 2025-03-05 11:52:20 GMT - Egypt - Economy - SN:23 - ID:11091635

    CAIRO, March 5 (MENA) - Local Development Minister Manal Awad said the World Bank has recently published a report on its website highlighting the great successes realized by the Upper Egypt Local Development Program (UELDP). The World Bank hailed ....

  • Mashat: Supporting sustainable development initiatives with 1.8 bn euros in investment guarantees from EFSD+

    Date: 2025-03-05 11:34:31 GMT - Egypt - Economy - SN:21 - ID:11091546

    CAIRO, March 5 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat stressed the importance of the “Investment Guarantees for Development Mechanism” to explore mechanisms for engaging private sector ....

  • Tourism min. opens Egyptian pavilion at ITB Berlin 2025

    Date: 2025-03-05 08:12:16 GMT - Egypt - Economy - SN:10 - ID:11091410

    CAIRO, March 5 (MENA) - Minister of Tourism and Antiquities, Sherif Fathi opened the Egyptian pavilion participating in the Berlin Tourist Exchange (ITB Berlin 2025) in the German capital, Berlin. ITB Berlin 2025 activities kickstarted Wednesday ....

  • Labor min, GIZ delegation discuss files of mutual concern

    Date: 2025-03-04 14:34:01 GMT - Egypt - Economy - SN:30 - ID:11090478

    CAIRO, March 4 (MENA) - Minister of Labor Mohamed Gobran discussed with a delegation from the German Agency for International Cooperation (GIZ) promoting cooperation in joint files within the framework of the Labor Market Access Project ....

  • Bourse indices go down at closing of Tuesday’s trading session

    Date: 2025-03-04 14:31:53 GMT - Egypt - Economy - SN:29 - ID:11090479

    CAIRO, March 4 (MENA) - Egyptian Exchange (EGX) indices declined at the close of Tuesday’s trading session, backed by sales of Arab and foreign institutions and investment funds and Arab investors. The market capital lost about EGP 9 billion to ....

  • Egypt’s foreign reserves rise to $47.39 bln in February 2025

    Date: 2025-03-04 14:31:20 GMT - Egypt - Economy - SN:28 - ID:11090475

    CAIRO, March 4 (MENA) - The Central Bank of Egypt (CBE) announced an increase in net international reserves, reaching $47.393 billion at the end of February 2025, up from $47.265 billion in January, marking a rise of $128 million. According to ....

  • ICT minister mulls investment opportunities with global companies

    Date: 2025-03-04 14:27:58 GMT - Egypt - Economy - SN:25 - ID:11090086

    CAIRO, March 4 (MENA) - Minister of Communications and Information Technology Amr Talaat has discussed investment opportunities with a number of global companies. The minister held meetings with senior officials of international companies on the ....

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