Economy

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  • Category : Economy
  • Egypt, US ink 3 contracts to upgrade 100 locomotives, supply train spare parts

    Date: 2025-04-10 11:04:13 GMT - Egypt - Economy - SN:21 - ID:11132871

    CAIRO, April 10 (MENA) – Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir and US Ambassador to Egypt Herro Mustafa Garg witnessed the inking of three contracts in the field of railways between ....

  • CAPMAS: Inflation rate up 1.5% in March 2025

    Date: 2025-04-10 07:22:20 GMT - Egypt - Economy - SN:6 - ID:11132603

    CAIRO, April 10 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the inflation rate recorded 250.6 points in March, marking a 1.5 percent rise compared to February. The most important reasons behind this ....

  • Mashat: Arab economic integration represents strategic pillar in facing challenges

    Date: 2025-04-09 19:28:40 GMT - Egypt - Economy - SN:57 - ID:11132169

    CAIRO, April 9 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el Mashat took part in annual meetings of Arab Financial Institutions in Kuwait. Addressing the meetings, the minister said Arab economic ....

  • OPEN// PM: Gov't eyes expanding 'Amazon' investments in Egypt

    Date: 2025-04-09 19:26:38 GMT - Egypt - Economy - SN:56 - ID:11132208

    CAIRO, April 9 (MENA) – Prime Minister Mostafa Madbouli said the government is willing to enhance cooperation with online retail giant 'Amazon', given the important role of digital commerce in fostering financial inclusion. Madbouli was speaking ....

  • SCZONE launches $58 mln industrial projects in Sokhna

    Date: 2025-04-09 18:36:27 GMT - Egypt - Economy - SN:53 - ID:11132170

    CAIRO, April 9 (MENA) – The General Authority for the Suez Canal Economic Zone (SCZONE) announced the launch of two industrial projects in the Sokhna Integrated Industrial Zone with total investments of $58 million and a combined area of 81,000 ....

  • Minister Mashat praises significant progress in Egypt-Hungary economic relations

    Date: 2025-04-09 18:06:00 GMT - Egypt - Economy - SN:50 - ID:11132001

    CAIRO, April 9 (MENA) - Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, chaired a preparatory meeting with representatives from various ministries and national entities, as part of the preparations for the ....

  • EGX posts collective losses at close of Wednesday's trading

    Date: 2025-04-09 17:54:24 GMT - Egypt - Economy - SN:49 - ID:11132168

    CAIRO, April 9 (MENA) - Egyptian Exchange indexes posted collective losses at the close of Wednesday's trading session, on the back of selling operations by local and Arab institutions and investment funds, against purchases by foreign institutions ....

  • PM warns of global economic risks, says gov't ready for all scenarios

    Date: 2025-04-09 16:04:57 GMT - Egypt - Economy - SN:31 - ID:11131954

    CAIRO, April 9 (MENA) – Prime Minister Mostafa Madbouli said that the government is fully prepared to deal with any scenario resulting from the global economic and trade crisis, which could trigger inflation and recession, according to international ....

  • Wazir, envoys of 29 French companies discuss investment opportunities Egypt

    Date: 2025-04-09 12:31:26 GMT - Egypt - Economy - SN:21 - ID:11131346

    CAIRO, April 9 (MENA) - Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el Wazir held an expanded meeting with representatives of 29 French companies and institutions. The meeting offered an important ....

  • OPEN// PM attends signing of cooperation deals to offer NSPO's companies

    Date: 2025-04-09 11:24:00 GMT - Egypt - Economy - SN:17 - ID:11131263

    CAIRO, April 9 (MENA) - Prime Minister Moustafa Madbouli attended on Wednesday the signing ceremony of a number of cooperation agreements between the Sovereign Fund of Egypt (TSFE), National Service Projects Organization (NSPO) of the Armed Forces ....

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