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Economy
- Service : English General
- Category : Economy
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Egypt eyes regional hub status for steel industry – manufacturer
Date: 2025-05-26 12:04:43 GMT - Egypt - Economy - SN:25 - ID:11194424
CAIRO, May 26 (MENA) – Egypt’s support for its steel industry will enhance competitiveness and deepen local manufacturing, Ayman al-Ashry, board member of the Federation of Egyptian Industries and chairman of Al-Ashry Steel, said on Monday. His ....
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OPEN// Petroleum min.: We are open to partnering with US companies to expand their operations in Africa
Date: 2025-05-26 11:43:23 GMT - Egypt - Economy - SN:22 - ID:11194245
CAIRO, May 26 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi said Egypt is a gateway to the African continent and the Egyptian petroleum sector is fully prepared to form partnerships with US companies to expand their operations in ....
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EABC: US investments in Egypt valued at dlrs 25b
Date: 2025-05-26 10:52:20 GMT - United Arab Emirates - Economy - SN:18 - ID:11194440
DUBAI, May 26 (MENA) - Chairman of the Egyptian-American Business Council (EABC) Omar Mehanna said that the value of American assets invested in the Egyptian market has reached around dlrs 25 billion, noting that the majority of these investments ....
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Irrigation min. warns climate change straining Egypt’s water system, urges tech use
Date: 2025-05-26 10:42:29 GMT - Egypt - Economy - SN:15 - ID:11194459
CAIRO, May 26 (MENA) – Water Resources and Irrigation Minister Hani Sewilam said climate change poses a serious challenge to Egypt’s water system, citing record summer heatwaves in 2023 that required flexible, rapid water management to meet farmers’ ....
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FEDCOC, Chinese Lao Feng Xiang Co. explore gold jewelry export partnership, tech localization
Date: 2025-05-26 10:40:15 GMT - Egypt - Economy - SN:14 - ID:11194380
CAIRO, May 26 (MENA) – Head of the General Division for Gold and Jewelry at the Federation of Egyptian Chambers of Commerce (FEDCOC) Hani Milad met with a Chinese delegation led by Yang Yi, chairman of Shanghai-based Lao Feng Xiang Co. Ltd, to ....
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AWIU, CSR Accreditation Foundation seal deal on promoting sustainable development
Date: 2025-05-26 10:14:32 GMT - Egypt - Economy - SN:12 - ID:11194180
CAIRO, May 26 (MENA) - The Arab Businesswomen Investors Union (AWIU) signed a cooperation protocol with the UK-based CSR Accreditation Foundation with the aim of contributing to community support and comprehensive development. The deal was signed ....
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Petroleum minister welcomes arrival of LNG regasification ship at Alex. port
Date: 2025-05-26 08:51:48 GMT - Egypt - Economy - SN:5 - ID:11193980
ALEXANDRIA/CAIRO, May 26 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi affirmed Monday the continued coordination between the ministries of petroleum and electricity, along with all relevant entities, to ensure the sustainability ....
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Gold Division Head says gold prices in Egypt 'unaffected' by interest rate cut
Date: 2025-05-25 19:29:57 GMT - Egypt - Economy - SN:76 - ID:11193692
CAIRO, May 25 (MENA) – The head of the Gold, Precious Metals, and Mining Industry Division at the Federation of Industries, Ehab Wassef, said that the Central Bank of Egypt’s interest rate cut by 1% will not directly affect local gold prices. In ....
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Al Baraka Bank Egypt, South Africa launch joint trade program
Date: 2025-05-25 18:13:54 GMT - Egypt - Economy - SN:68 - ID:11192809
CAIRO, May 25 (MENA) - Al Baraka Bank Egypt has launched a joint trade program with Al Baraka Bank South Africa through the group's digital platform to support trade between the two countries and across Africa. The effort is part of Al Baraka’s ....
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Electricity min. discusses with Algerian amb. cooperation in energy sector
Date: 2025-05-25 18:08:51 GMT - Egypt - Economy - SN:65 - ID:11193554
CAIRO, May 25 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat discussed Sunday with Algerian Ambassador in Cairo Mohamed Soufiane Berrah ways to support and enhance opportunities for cooperation, partnership, and investment in ....
