Economy

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  • Category : Economy
  • Par'lt approves Egypt’s $7.4 bln stake in African Development Bank

    Date: 2025-02-23 21:15:51 GMT - Egypt - Economy - SN:38 - ID:11079761

    CAIRO, Feb 23 (MENA) – The House of Representatives (HoR) approved Egypt’s subscription to the African Development Bank’s (AfDB) capital increase, acquiring 554,770 shares worth $7.4 billion. The decision, made in a plenary session led by Speaker ....

  • OPEN// Egyptian, Kuwaiti PMs probe boosting cooperation in all fields, 2 last Kuwait City

    Date: 2025-02-23 18:01:24 GMT - Kuwait - Economy - SN:32 - ID:11079490

    During the talks, Madbouli expressed appreciation for the warm reception of the Kuwaiti prime minister, saying that he is looking forward to enhancing economic relations between the two countries and elevating them to the level of the close ties ....

  • CBE launches EGP 30 bln industrial support initiative

    Date: 2025-02-23 17:57:34 GMT - Egypt - Economy - SN:30 - ID:11079476

    CAIRO, Feb 23 (MENA) – The Central Bank of Egypt (CBE) announced an EGP 30 billion industrial support initiative offering five-year loans at a 15% interest rate. The program funds machinery, equipment, and production lines for private-sector ....

  • OPEN// Egyptian, Kuwaiti PMs probe boosting cooperation in all fields

    Date: 2025-02-23 17:15:55 GMT - Kuwait - Economy - SN:27 - ID:11079213

    KUWAIT CITY, Feb 23 (MENA) - Egyptian Prime Minister Moustaf Madblouli Sunday and his Kuwaiti counterpart Sheikh Ahmed Abdullah al Ahmad al Sabah reviewed ways of boosting bilateral cooperation in all fields. Egypt is looking forward to ....

  • Bourse indices up at closing of Sunday's trading session

    Date: 2025-02-23 13:56:07 GMT - Egypt - Economy - SN:20 - ID:11079140

    CAIRO, Feb 23 (MENA) - The Egyptian Exchange (EGX) indices posted collective gains at the close of Sunday's trading session, backed by purchases by foreign institutions and investment funds against sales by local and Arab institutions and Arab ....

  • Wazir lauds role of Arab Bridge Maritime company in promoting trade with Jordan, Iraq

    Date: 2025-02-23 11:38:06 GMT - Egypt - Economy - SN:11 - ID:11078779

    CAIRO, Feb 23 (MENA) - Transport Minister Kamel Wazir commended the historic ties binding Egypt with Jordan and Iraq. He accentuated the importance of cooperation among the three countries in various transport fields. He lauded the Arab Bridge ....

  • Gov't committed to attracting more Bahraini investments - Minister

    Date: 2025-02-22 15:55:44 GMT - Egypt - Economy - SN:27 - ID:11078173

    CAIRO, Feb 22 (MENA) - Minister of Investment and Foreign Trade Hassan El-Khatib on Saturday highlighted the importance of the Egyptian-Bahraini Joint Governmental Committee for Trade, Economic, Scientific, and Technological Cooperation in ....

  • Trade exchange with Bahrain hit over $660m in 2024 – Min.

    Date: 2025-02-22 15:51:30 GMT - Bahrain - Economy - SN:26 - ID:11077985

    MANAMA, Feb 22 (MENA) – Rania Al-Mashat, Egyptian Minister of Planning, Economic Development, and International Cooperation, has lauded close partnership with Bahrain in different fields. The minister’s remarks came Saturday during her ....

  • Egypt committed to achieving sustainable development under Vision 2030 - min.

    Date: 2025-02-21 18:49:29 GMT - Egypt - Economy - SN:34 - ID:11076933

    CAIRO, Feb 21 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat emphasized on Friday that Egypt is unwaveringly committed to achieving sustainable development in line with Vision 2030 which focuses on ....

  • Petroleum min., Archeos Energy discuss increasing company's investments in Egypt

    Date: 2025-02-21 17:06:23 GMT - Egypt - Economy - SN:25 - ID:11076920

    CAIRO, Feb 21 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from Archeos Energy, led by its CEO Nasser Saif al Yafei, to discuss beefing up the company's investments in Egypt. Archeos Energy is a joint ....

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