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Economy
- Service : English General
- Category : Economy
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MSMEDA invests EGP 800 mln in Sinai projects, says CEO Bassel Rahmy
Date: 2025-04-26 14:07:55 GMT - Egypt - Economy - SN:31 - ID:11154048
CAIRO, April 26 (MENA) – CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA) Bassel Rahmy said that the agency invested EGP 800 million in North and South Sinai from 2014 to 2024, funding around 9,600 projects and generating ....
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State keen to achieve economic growth based on investments, industry localization – Min.
Date: 2025-04-26 13:24:40 GMT - Egypt - Economy - SN:29 - ID:11153960
CAIRO, April 26 (MENA) – The state intends to achieve strategic transition for making economic growth through stimulating investments and localizing industry, Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, ....
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Finance Ministry says tax facilitation package aims to back business community
Date: 2025-04-26 12:45:10 GMT - Egypt - Economy - SN:26 - ID:11153934
CAIRO, April 26 (MENA) – The Finance Ministry said Saturday that the first package of tax facilitation includes 20 simplified procedures aiming to support partnerships for business community. These procedures include an integrated and simplified ....
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Directing investments towards projects aiming at easing impact of climate change: Mashat
Date: 2025-04-26 12:24:33 GMT - Egypt - Economy - SN:25 - ID:11153992
CAIRO, April 26 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania el Mashat asserted that the national investment plan aims at supporting the implementation of the national strategy of climate change via ....
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Employment rates, youth skill development among biggest Africa's challenges: min.
Date: 2025-04-25 15:47:12 GMT - Egypt - Economy - SN:38 - ID:11153080
CAIRO, April 25 (MENA) - Minister of Planning, Economic Development and International Cooperation and Egypt's Governor at the World Bank Group (WBG) Rania el Mashat said employment rates and the development of youth's skills are among the biggest ....
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Mashat in talks with EU over timeline of completing procedures related to 2nd phase of MFA program
Date: 2025-04-25 14:43:31 GMT - Egypt - Economy - SN:35 - ID:11153163
WASHINGTON, April 25 (MENA) - Rania el Mashat, Minister of Planning, Economic Development, and International Cooperation and Egypt’s Governor at the World Bank, held a meeting with Elena Flores, Director General for Economic and Financial Affairs at ....
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Petroleum minister in talks over boosting energy cooperation with int'l energy agency
Date: 2025-04-25 14:14:21 GMT - Egypt - Economy - SN:31 - ID:11152997
CAIRO, April 25 (MENA) - Petroleum Minister Karim Badwi discussed on Friday with Executive Director of the International Energy Agency (IEA) Fatih Birol ways of bolstering cooperation in the energy domain. Talks were held on the sidelines of the ....
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Egypt-Italy trade exchange hit dlrs 6 billion in 2024 - Cabinet
Date: 2025-04-25 11:04:48 GMT - Egypt - Economy - SN:24 - ID:11152764
CAIRO, April 25 (MENA) - Italy is Egypt's biggest European trade partner with trade exchange growing by 11.9 percent to hit 6.6 billion dollars in 2024 against 5.9 billion dollars in 2014, according to the cabinet ingormation on Friday. Egyptian ....
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Hurghada Port closed due to severe weather
Date: 2025-04-25 06:36:50 GMT - Egypt - Economy - SN:10 - ID:11152549
HURGHADA, Egypt, April 25 (MENA) - Hurghada Port was closed on Friday due to bad weather conditions, the Red Sea Ports Authority said. The closure was prompted by high 3-4 meter waves and strong 25-30 mph winds, the Authority said in a ....
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IMF expects Egypt’s economy growth rises to 3.8% for FY 2025
Date: 2025-04-24 20:41:12 GMT - Egypt - Economy - SN:60 - ID:11152372
CAIRO, April 24 (MENA) – Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, said that Egypt’s economy is improving, with growth expected to hit 3.8% for fiscal year 2025, rising to 4.3% in 2026. During a press conference ....
