Economy

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  • Category : Economy
  • Arab academy hosts COREangels MEA investor meeting, launches $10 mln startup fund

    Date: 2025-05-24 21:09:43 GMT - Egypt - Economy - SN:46 - ID:11192378

    ALEXANDRIA, Egypt, May 24 (MENA) - The Arab Academy for Science, Technology and Maritime Transport hosted the investment committee meeting of COREangels MEA at its Smart Village campus in Egypt. Academy President Dr. Ismail Abdel Ghaffar ....

  • OPEN// Industry min. opens Egyptian-Vietnamese factory in Minya 3 last Minya

    Date: 2025-05-24 14:33:26 GMT - Egypt - Economy - SN:34 - ID:11191999

    The industry minister underscored the strategic importance of station locations along the second line of Egypt’s high-speed electric rail network, particularly the segment linking New Valley Road of El Kharga to Sohag Station. This station will ....

  • OPEN// Industry min. opens Egyptian-Vietnamese factory in Minya 2 Minya

    Date: 2025-05-24 14:32:38 GMT - Egypt - Economy - SN:33 - ID:11191996

    Wazir inspected the Western Desert Road Development Project that stretches along 1,226 km, including the 72-km segment from Dairut to Assiut that comprise six lanes in each directions with a total width of 46 meters. Almost 75 percent of the segment ....

  • OPEN// Industry min. opens Egyptian-Vietnamese factory in Minya

    Date: 2025-05-24 13:53:07 GMT - Egypt - Economy - SN:28 - ID:11191815

    MINYA, UPPER EGYPT, May 24 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir Saturday inaugurated Golden Avenue Apparel Factory in Minya governorate, during his tour of the Upper Egypt ....

  • FEI: Decision to establish two textile cities in Upper Egypt to support exports

    Date: 2025-05-24 12:02:47 GMT - Egypt - Economy - SN:18 - ID:11191811

    CAIRO, May 24 (MENA) - Board Member of the Textile Industries Chamber at the Federation of Egyptian Industries (FEI) Mohamed Fathi Abul Fotouh asserted that the recent decision to establish two integrated textile cities in Upper Egypt is designed to ....

  • Egypt's transformative, extractive industries index rises 3.9% in March 2025: CAPMAS

    Date: 2025-05-24 11:08:03 GMT - Egypt - Economy - SN:14 - ID:11191585

    CAIRO, May 24 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) announced a 3.9% increase in the transformative and extractive industries production index, reaching 120.47 in March 2025 compared to 115.93 in February ....

  • Cabinet denies reports of mango juice import-export imbalance

    Date: 2025-05-24 06:15:58 GMT - Egypt - Economy - SN:4 - ID:11191335

    CAIRO, May 24 (MENA) – A senior Egyptian official has denied widely circulated social media claims that Egypt exported $113 million worth of mangoes in 2024 while importing $234 million worth of mango juice, calling the information “completely ....

  • Petroleum min. stresses processing phosphate locally

    Date: 2025-05-23 17:39:45 GMT - Egypt - Economy - SN:34 - ID:11190933

    CAIRO, May 23 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi reaffirmed on Friday the importance of processing mineral ores locally, most particularly phosphate, rather than exporting them as raw materials to maximize the added ....

  • IMF praises Egypt’s economic reform progress

    Date: 2025-05-23 15:06:10 GMT - Egypt - Economy - SN:29 - ID:11191053

    CAIRO, May 23 (MENA) - Director of Communications at the International Monetary Fund (IMF) Julie Kozack praised the Egyptian government's efforts. Egypt has made clear progress in its macroeconomic reform program, with clear improvements in ....

  • Investment minister, Modon Properties review updates on Ras El Hekma

    Date: 2025-05-23 15:03:17 GMT - Egypt - Economy - SN:28 - ID:11190937

    CAIRO, May 23 (MENA) - Investment and Foreign Trade Minister Hassan El-Khatib met Friday with Managing Director and Board Member of Modon Properties Holding Abdullah Al-Sahi to review updates on the Ras El Hekma project and other developments the ....

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