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Economy
- Service : English General
- Category : Economy
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ICT minister, Japanese amb. discuss enhancing AI, digital entrepreneurship coop.
Date: 2025-04-15 20:38:01 GMT - Egypt - Economy - SN:59 - ID:11140376
CAIRO, April 15 (MENA) – Minister of Communications and Information Technology (ICT) Amr Talaat met with Japanese Ambassador in Cairo Oka Hiroshi to discuss cooperation in artificial intelligence, entrepreneurship, and digital skills. During the ....
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China’s BEFAR group starts $500 mln project in Sokhna industrial zone
Date: 2025-04-15 20:18:22 GMT - Egypt - Economy - SN:56 - ID:11140090
CAIRO, April 15 (MENA) – The Suez Canal Economic Zone announced the groundbreaking of a $500 million chemical production project by China’s BEFAR Group in the Sokhna industrial zone. The project will produce chlor-alkali and related products with ....
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Afreximbank to inject $2 bln into Egypt in 2025
Date: 2025-04-15 20:16:58 GMT - Egypt - Economy - SN:55 - ID:11140088
CAIRO, April 15 (MENA) – Ayman El-Zoghby, Head of Intra-African Trade, Investment, and Corporate Finance at the African Export-Import Bank (Afreximbank), said the bank plans to provide $2 billion in direct and indirect financing to Egypt in ....
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Egypt allocates EGP 700 bln for human development in FY 2025/26
Date: 2025-04-15 19:24:58 GMT - Egypt - Economy - SN:54 - ID:11140081
CAIRO, April 15 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said Egypt will allocate EGP 700 billion for human development sectors in the 2025/26 fiscal year, up from EGP 447 billion in the ....
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EGP 742.5 bln allocated for social protection in new draft budget - Finance min.
Date: 2025-04-15 19:21:07 GMT - Egypt - Economy - SN:53 - ID:11139734
CAIRO, April 15 (MENA) - Finance Minister Ahmed Kouchouk affirmed that President Abdel Fattah El Sisi and the government are fully committed to supporting the most vulnerable groups in society, saying that EGP 742.5 billion has been allocated for ....
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Planning minister: total targeted investments in FY 2025-26 plan to reach EGP 3.5 trillion for first time
Date: 2025-04-15 18:49:11 GMT - Egypt - Economy - SN:46 - ID:11140138
CAIRO, April 15 (MENA) - Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat said that corrective fiscal and monetary policies and improved public investment governance have contributed significantly to the ....
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Finance min. says FY 2025-26 budget offers EGP 78 bln in support for industrial and export activities
Date: 2025-04-15 18:21:29 GMT - Egypt - Economy - SN:45 - ID:11139733
CAIRO, April 15 (MENA) - Minister of Finance Ahmed Kouchouk emphasized that the new budget for the 2025-2026 fiscal year will be one of "growth, stability, and partnership with the business community," for it includes a record EGP 78 billion in ....
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Egypt aims for 4% primary surplus and reduced budget deficit in new financial targets - min.
Date: 2025-04-15 18:08:26 GMT - Egypt - Economy - SN:44 - ID:11140083
CAIRO, April 15 (MENA) - Minister of Finance Ahmed Kouchouk announced that Egypt aims to achieve a primary surplus of 4% of GDP in the fiscal year 2025-2026. It also targets to reduce the overall budget deficit to 7.3% of GDP and then to further ....
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Investments of private sector represent 63% of total investments in Egypt: Mashat
Date: 2025-04-15 16:59:12 GMT - Egypt - Economy - SN:39 - ID:11139651
CAIRO, April 15 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said that private sector investments now make up 63% of total investments in Egypt—highlighting its growing role in driving economic ....
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Military Production Ministry works on backing local industry - Min.
Date: 2025-04-15 16:03:03 GMT - Egypt - Economy - SN:34 - ID:11139814
CAIRO, April 15 (MENA) – State Minister for Military Production Mohamed Salah Eddin Moustafa said his ministry is keen to enforce the directives of President Abdel Fattah El Sisi to support national industrialization and establish partnerships with ....
