Economy

  • Service : English General
  • Category : Economy
  • Suez embraces biggest hybrid renewable energy project in ME, Africa

    Date: 2025-03-04 14:01:33 GMT - Egypt - Economy - SN:17 - ID:11090225

    CAIRO, March 4 (MENA) – TAQA Arabia company announced that it is collaborating with the French company Voltalia to develop the first hybrid renewable energy project in the Middle East and Africa, with a capacity of 3.2 gigawatts. The project, ....

  • OPEN// PM reviews green hydrogen, ammonia project in Gulf of Suez

    Date: 2025-03-04 13:15:50 GMT - Egypt - Economy - SN:22 - ID:11090361

    CAIRO, March 4 (MENA) - Prime Minister Mostafa Madboui chaired a high-level meeting on Tuesday to review a proposed project for producing green hydrogen and ammonia in the Gulf of Suez. The meeting was attended by Deputy Prime Minister for ....

  • OPEN// PM follows up on progress of IPO program

    Date: 2025-03-04 12:32:40 GMT - Egypt - Economy - SN:19 - ID:11090149

    CAIRO, March 4 (MENA) - Prime Minister Mostafa Madbouli presided Tuesday over a meeting of the government to follow up on the implementation progress of the initial public offering (IPO) program. The meeting was attended by Minister of ....

  • Planning min.: Egyptian economy becomes more stable, predictable despite global challenges

    Date: 2025-03-04 11:29:01 GMT - Egypt - Economy - SN:16 - ID:11090145

    CAIRO, March 4 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said Tuesday Egyptian economy has become more stable and predictable, despite global challenges. In an interview with CNN's Middle ....

  • 8 OPEC+ countries to up oil production April 1

    Date: 2025-03-03 20:59:03 GMT - Austria - Economy - SN:64 - ID:11089696

    VIENNA, March 3 (MENA) - Eight oil-producing countries in the OPEC+ decided to gradually return to the voluntary adjustments of 2.2 million barrels per day, starting April 1st. This came during a meeting of the eight OPEC+ member states, which ....

  • EBRD, CBE launch national SME champions program

    Date: 2025-03-03 18:26:53 GMT - Egypt - Economy - SN:56 - ID:11089501

    CAIRO, March 3 (MENA) - The European Bank for Reconstruction and Development (EBRD) and the Central Bank of Egypt (CBE) have launched a national program for SME champions in partnership with local financial institutions, including the Export ....

  • OPEN// PM reviews economic development plans, structural reforms

    Date: 2025-03-03 15:23:34 GMT - Egypt - Economy - SN:43 - ID:11089276

    CAIRO, March 3 (MENA) - Prime Minister Mostafa Madbouli chaired a high-level meeting Monday to discuss key economic and development files with Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat and other ....

  • Egypt's food exports to UK hit $86 million in 2024 - FEC

    Date: 2025-03-03 13:33:26 GMT - Egypt - Economy - SN:30 - ID:11089080

    CAIRO, March 3 (MENA) - Egypt's food exports to the United Kingdom surged by 19% in 2024, reaching $86 million compared to $72 million in 2023, the Food Export Council (FEC) revealed Monday. Frozen fruits led the list of Egyptian food exports to ....

  • Banque Misr issues new savings certificate with 27% variable annual interest rate

    Date: 2025-03-03 13:32:02 GMT - Egypt - Economy - SN:29 - ID:11089127

    CAIRO, March 3 (MENA) - Banque Misr has launched a three-year savings certificate; Youmaty, with a variable annual interest rate of 27%. Paid daily, the rate is priced based on the corridor deposit rate minus 0.25%. The certificate is ....

  • Egypt launches int'l bid for oil, gas exploration

    Date: 2025-03-03 13:08:35 GMT - Egypt - Economy - SN:27 - ID:11089040

    CAIRO, March 3 (MENA) - The Ministry of Petroleum and Mineral Resources on Monday announced launching a new International Bid Round for Oil and Gas Exploration for the year 2025 in seven undeveloped fields in the Mediterranean and six exploration ....

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