Economy

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  • Category : Economy
  • PM witnesses signing of partnership agreement with US company

    Date: 2025-05-28 09:13:05 GMT - Egypt - Economy - SN:14 - ID:11197179

    CAIRO, May 28 (MENA) - Prime Minister Moustafa Madbouli witnessed the signing of a partnership agreement between the Holding Company for Pharmaceuticals, Chemicals and Medical Supplies and US-based Dawah Pharma. The goal of the joint venture is to ....

  • 14,000 tons of goods handled at Red Sea ports

    Date: 2025-05-28 07:13:41 GMT - Egypt - Economy - SN:8 - ID:11197025

    HURGHADA, Egypt, May 28 (MENA) - Some 14,000 tons of goods were handled at Red Sea ports. In a statement released on Wednesday, the Red Sea Port Authority (RSPA) said, the total volume of exported goods from the port amounted to 9,000 ....

  • OPEN// Egypt’s central bank governor leads delegation to AfDB annual meetings in Abidjan

    Date: 2025-05-28 02:44:17 GMT - Egypt - Economy - SN:2 - ID:11196927

    CAIRO/ABIDJAN, May 28 (MENA) – Central Bank of Egypt (CBE) Governor Hassan Abdalla is heading the country’s official delegation to African Development Bank (AfDB) annual meetings in Abidjan, Côte d'Ivoire. Running from May 26 to 30, the event, ....

  • IMF upgrades its forecast for Egypt's growth rate to 3.8 percent during FY24/25

    Date: 2025-05-27 22:02:24 GMT - Egypt - Economy - SN:78 - ID:11196902

    CAIRO, May 27 (MENA) - Head of the IMF mission in Egypt Vladkova Hollar stressed on Tuesday that Egypt has made substantial progress toward macroeconomic stability. "Growth is expected to continue strengthening, and we upgraded our forecast for ....

  • OPEN// PM: Gov't open to exceptional incentives for advanced tech industries

    Date: 2025-05-27 18:54:10 GMT - Egypt - Economy - SN:61 - ID:11196590

    CAIRO, May 27 (MENA) – Prime Minister Mostafa Madbouli said that the government gives strong priority to localizing advanced technology industries and is open to offering exceptional incentives to companies with high local content and export ....

  • Parliament approves €61.5 million deal to expand Gabal El Asfar wastewater treatment plant

    Date: 2025-05-27 18:35:32 GMT - Egypt - Economy - SN:59 - ID:11196765

    CAIRO, May 27 (MENA) - The House of Representatives approved on Monday a €61.5 million (EGP 3.47 billion) grant agreement to support the third phase of the Gabal El Asfar wastewater treatment plant, one of the largest facilities of its kind in the ....

  • Egypt steps up livestock supply, abattoir readiness ahead of Eid al-Adha

    Date: 2025-05-27 17:42:09 GMT - Egypt - Economy - SN:52 - ID:11196041

    CAIRO, May 27 (MENA) – The Agriculture and Land Reclamation Ministry is ramping up efforts ahead of Eid al-Adha to ensure meat quality and availability, spokesperson Mohamed El-Qersh said on Tuesday. Veterinary teams have been deployed across ....

  • OPEN// PM says government committed to cutting external debt, attracting more FDI

    Date: 2025-05-27 17:37:04 GMT - Egypt - Economy - SN:51 - ID:11196578

    CAIRO, May 27 (MENA) – Prime Minister Mostafa Madbouly reaffirmed the government’s commitment to reducing external debt sustainably over the medium and long term, while stepping up efforts to attract new foreign direct investment (FDI) across key ....

  • Egypt keen to foster coop. with African countries in aviation domains – Min.

    Date: 2025-05-27 17:24:19 GMT - Egypt - Economy - SN:50 - ID:11195823

    CAIRO, May 27 (MENA) – Egypt is keen to strengthen cooperation with African countries through sharing experience and boosting human and technical efficiency, Minister of Civil Aviation Sameh El Hefni said Tuesday. The minister’s remarks came ....

  • Mashat discusses with DPG development coop.

    Date: 2025-05-27 16:16:33 GMT - Egypt - Economy - SN:45 - ID:11195634

    CAIRO, May 27 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania al-Mashat met Tuesday with UN Resident Coordinator Elena Panova and Head of Cooperation at the European Union (EU) Delegation in Egypt Sophie ....

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