Economy

  • Service : English General
  • Category : Economy
  • EGX shows mixed performance at close of Tuesday's trading

    Date: 2025-02-12 14:33:19 GMT - Egypt - Economy - SN:28 - ID:11064558

    CAIRO, Feb 12 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Tuesday's trading session. The market capital gained EGP 3 billion, recording EGP 2.189 trillion with total transactions amounting to about EGP 57.8 ....

  • AOI: We work on promoting "Made in Egypt" slogan

    Date: 2025-02-12 11:37:22 GMT - Egypt - Economy - SN:18 - ID:11064033

    CAIRO, Feb 12 (MENA) - Chairman of the Arab Organization for Industrialization (AOI) Mukhtar Abdel Latif affirmed the organization's interest in promoting the slogan “Made in Egypt”, with a view to increasing local manufacturing rates and producing ....

  • Egypt open to further cooperation with Hungary: Transport min.

    Date: 2025-02-11 23:02:00 GMT - Egypt - Economy - SN:22 - ID:11062624

    CAIRO, Feb 11 (MENA) – Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir asserted that Egypt is open to further cooperation with Hungary in various industrial fields, adding that his ministry ....

  • Qena governor announces kick-start of Obelisk Solar PV project in Nagaa Hammadi

    Date: 2025-02-11 22:23:14 GMT - Egypt - Economy - SN:56 - ID:11063695

    CAIRO, Feb 11 (MENA) – Governor of Qena Khaled Abdel Halim announced Tuesday the kick-start of a project to establish a PV solar plant with a capacity of 1 GW and a 200 MWh battery storage system (BESS) in the city of Nagaa Hammadi. The governor ....

  • DP World completes 65% of 1st phase of Sokhna Logistics Park

    Date: 2025-02-11 19:36:44 GMT - United Arab Emirates - Economy - SN:43 - ID:11063522

    CAIRO, Feb 11 (MENA) – DP World has reached a major milestone in the development of the Sokhna Logistics Park, with 65% of the first phase now complete, WAM reported. The $80 million, state-of-the-art logistics hub, strategically located in the ....

  • IT min. meets Airbus official to discuss coop. in research, development

    Date: 2025-02-11 18:39:59 GMT - France - Economy - SN:39 - ID:11063295

    PARIS, Feb 11 (MENA) - Minister of Communications and Information Technology Amr Talaat discussed with Executive Vice President International in Airbus Wouter Van Wersch establishing a research and development center for the company in Egypt. ....

  • Petroleum min. discusses with ADES CEO boosting future E&P activities

    Date: 2025-02-11 18:31:09 GMT - Egypt - Economy - SN:38 - ID:11062897

    CAIRO, Feb 11 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi met with ADES CEO Mohamed Farouk and ADES Egypt Country Manager Ahmed Mohy to discuss the company’s exploration and production (E&P) work. The meeting reviewed ADES’ ....

  • SCA chief: Red Sea showing signs of stability

    Date: 2025-02-11 18:27:36 GMT - Egypt - Economy - SN:37 - ID:11063273

    ISMAILIA, Egypt, Feb 11 (MENA) – Chairman of the Suez Canal Authority (SCA) Admiral Osama Rabie stated that the Red Sea is seeing early signs of stability, adding that the authority remains in direct contact with global maritime organizations to ....

  • Egypt keen to boost coop. with ESCWA – Min.

    Date: 2025-02-11 17:49:15 GMT - Egypt - Economy - SN:35 - ID:11063284

    CAIRO, Feb 11 (MENA) – Egypt works on furthering cooperation with the United Nations Economic and Social Commission for Western Asia (ESCWA), Finance Minister, Ahmed Kouchouk, said. The minister’s remarks came Tuesday during a meeting with ....

  • Investment min. explores with Spanish company investment opportunities in energy domain

    Date: 2025-02-11 17:43:20 GMT - Egypt - Economy - SN:34 - ID:11063276

    CAIRO, Feb 11 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib said on Tuesday that the Egyptian market is full of promising investment chances in the energy sector. At a meeting with a delegation of Spanish company Técnicas ....

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