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 ....