Economy

  • Service : English General
  • Category : Economy
  • Bourse posts losses at close of Tuesday’s trading

    Date: 2025-02-11 16:24:55 GMT - Egypt - Economy - SN:30 - ID:11063280

    CAIRO, Feb 11 (MENA) –Egyptian Exchange indexes posted losses at the close of Tuesday’s trading session, on the back of selling operations by local institutions and investment funds and Arab investors amid concerns over possible geopolitical changes ....

  • Communications min., Orange company review cooperation in AI domain

    Date: 2025-02-11 14:42:39 GMT - France - Economy - SN:26 - ID:11062892

    PARIS, Feb 11 (MENA) - Egyptian Communications and IT Minister Amr Talaat had talks on Tuesday with CEO of Orange Middle East and Africa Jérôme Hénique on means of promoting cooperation in the artificial intelligence domain. Egyptian Ambassador ....

  • Egyptian market has many promising investment opportunities in health sector – Min.

    Date: 2025-02-11 13:40:48 GMT - Egypt - Economy - SN:24 - ID:11062941

    CAIRO, Feb 11 (MENA) – The Egyptian market has several promising investment opportunities in the health sector, Minister of Investment and Foreign Trade, Hassan El-Khatib, said. The minister’s remarks came Tuesday during his meeting with a ....

  • Global (1): Administrators from Alvarez & Marsal launch sale process for iconic UK luxury yacht-builder

    Date: 2025-02-11 07:59:42 GMT - United Kingdom - Economy - SN:8 - ID:11062401

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================== Funding secured with UK bank DF Capital to enable production to continue at Fairline ....

  • Investment min. probes cooperation opportunities with Spain

    Date: 2025-02-10 23:19:28 GMT - Egypt - Economy - SN:57 - ID:11062249

    CAIRO, Feb 10 (MENA) - Minister of Investment and Foreign Trade Hassan Al-Khatib said Egypt is a very competitive market in terms of investment cost, making it a luring destination for manufacturers and exporters to European countries. The ....

  • OPEN// PM discusses stock market development efforts, new investment incentives

    Date: 2025-02-10 21:17:32 GMT - Egypt - Economy - SN:54 - ID:11061967

    CAIRO, Feb 10 (MENA) - Prime Minister Mostafa Madbouli said the efforts afoot to enhance the Egyptian Exchange (EGX) performance are part of a state strategy for creating a more business-friendly environment for local as well as foreign ....

  • PM follows up efforts to provide, improve electricity service during summer

    Date: 2025-02-10 19:02:30 GMT - Egypt - Economy - SN:48 - ID:11061969

    CAIRO, Feb 10 (MENA) - Prime Minister Mostafa Madbouly reaffirmed the government's commitment to overseeing initiatives by the Ministry of Electricity and Renewable Energy to integrate more renewable energy into the national power grid and meet ....

  • CBE: Inflation rate down to 22.6% in January

    Date: 2025-02-10 18:20:29 GMT - Egypt - Economy - SN:45 - ID:11062015

    CAIRO, Feb 10 (MENA) - The Central Bank of Egypt has reported a decline in the core inflation rate to 22.6% in January 2025, down from 23.2% in December 2024. In a statement Monday, the bank noted that the monthly change in the core Consumer ....

  • Mashat reviews with FFI representatives upping energy investments in Egypt

    Date: 2025-02-10 18:11:43 GMT - Egypt - Economy - SN:43 - ID:11061784

    CAIRO, Feb 10 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat emphasized the government's keenness on encouraging renewable energy projects. The state carried out giant national projects in ....

  • OPEN// IMF, WB say Egypt's economy able to achieve growth, address economic hardships

    Date: 2025-02-10 15:46:41 GMT - Egypt - Economy - SN:37 - ID:11061778

    CAIRO, Feb 10 (MENA) - Representatives of the International Monetary Fund (IMF) and the World Bank said Egypt's economy is capable of achieving growth and addressing economic hardships, despite the impacts of regional and international challenges. ....

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