Economy

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  • Category : Economy
  • OPEN// Egypt to officially launch 5G services on June 4

    Date: 2025-06-02 15:57:44 GMT - Egypt - Economy - SN:60 - ID:11204439

    CAIRO, June 2 (MENA) - The National Telecom Regulatory Authority (NTRA) is set to launch fifth-generation (5G) mobile services on Wednesday. To mark the official rollout, the NTRA will hold a major celebration at the Pyramids area in Giza. On ....

  • OPEN// PM: Egypt's role in global entrepreneurship community spotlighted

    Date: 2025-06-02 14:45:06 GMT - Egypt - Economy - SN:46 - ID:11204437

    CAIRO, June 2 (MENA) - Prime Minister Mostafa Madbouly underscored the pivotal role played by the Ministerial Group for Entrepreneurship in developing a well-structured approach toward startups and entrepreneurs based on the best global ....

  • Egyptian-Korean cooperation to launch digital trade platform

    Date: 2025-06-02 14:13:37 GMT - Egypt - Economy - SN:41 - ID:11204097

    CAIRO, June 2 (MENA) - The Korea International Cooperation Agency (KOICA) and the General Organization for Export and Import Control (GOEIC) have signed a record of discussions to launch an $11 million project titled: “Establishing a digital ....

  • OPEN// Sisi urges for comprehensive development of public sector firms

    Date: 2025-06-02 13:56:37 GMT - Egypt - Economy - SN:37 - ID:11204374

    CAIRO, June 2 (MENA) - President Abdel Fattah El Sisi has urged for continued efforts to improve the performance of public sector companies, modernize their management practices, and maximize the returns on their assets. Sisi's directives ....

  • SCZONE expands financial services with new Beltone leasing branch

    Date: 2025-06-02 12:43:14 GMT - Egypt - Economy - SN:31 - ID:11204150

    CAIRO, June 2 (MENA) – The Suez Canal Economic Zone (SCZONE) is moving to strengthen its financial infrastructure to support growing industrial and logistics activities, its chairman Walid Gamal El-Din said on Sunday. Speaking at the opening ....

  • Bourse shows mixed performance at close of Monday trading

    Date: 2025-06-02 12:31:06 GMT - Egypt - Economy - SN:30 - ID:11204149

    CAIRO, June 2 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the end of trading on Monday on the back of selling operations by local and Arab institutions and investment funds as well as foreign and Egyptian investors, against ....

  • CBE announces five-day Eid holiday for banks

    Date: 2025-06-02 08:03:43 GMT - Egypt - Economy - SN:11 - ID:11203641

    CAIRO, June 2 (MENA) - The Central Bank of Egypt (CBE) announced on Monday that all banks operating in Egypt will suspend operations for five days on the occasion Eidul Adha (the Greater Bairam) that falls on the 10th of Dhu al-Hijjah of the 1446 ....

  • 13,000 tons of goods handled at Red Sea ports

    Date: 2025-06-02 07:50:26 GMT - Egypt - Economy - SN:10 - ID:11203612

    HURGHADA, Egypt, June 2 (MENA) - Some 13,000 tons of goods were handled at Red Sea ports over the past 24 hours. In a statement released on Monday, the Red Sea Port Authority (RSPA) said, the total volume of exported goods from the port amounted ....

  • Egypt eyes local production of spare parts using 3D printing technology

    Date: 2025-06-02 07:04:55 GMT - Egypt - Economy - SN:7 - ID:11203527

    CAIRO, June 2 (MENA) – Egypt is ramping up efforts to localize manufacturing of industrial spare parts using 3D printing and digital machining technologies, officials said during a workshop organized by the Arab Organization for Industrialization ....

  • Egypt one of key promising investment environments in region, says official

    Date: 2025-06-01 20:30:39 GMT - Egypt - Economy - SN:64 - ID:11203148

    CAIRO, June 1 (MENA) - Yasseen Mansour, the Chairman and Group CEO of Palm Hills Developments, said Egypt has today become one of the most promising investment environments in the region. Urban development has become an effective tool for ....

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