Economy
- Service : English General
- Category : Economy
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Investment minister explores cooperation opportunities with Abu Dhabi Aviation
Date: 2025-05-23 13:54:17 GMT - Egypt - Economy - SN:25 - ID:11190914
CAIRO, May 23 (MENA) - Investment and Foreign Trade Minister Hassan El Khatib emphasized the importance of the government’s efforts to provide more facilitations for investors through a set of reforms in fiscal, monetary, and trade ....
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Innovation, entrepreneurship key drivers in overcoming middle-income trap, says minister
Date: 2025-05-23 13:52:26 GMT - Egypt - Economy - SN:24 - ID:11190713
CAIRO, May 23 (MENA) - Minister of Planning, Economic Development and International Cooperation, and Egypt’s Governor at the Islamic Development Bank Group (IsDB), Rania el Mashat, said that innovation and entrepreneurship are key drivers in ....
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Economic stability, private sector reform key to sustainable development, says Egypt’s planning min.
Date: 2025-05-23 10:47:24 GMT - Algeria - Economy - SN:17 - ID:11190708
ALGIERS, May 23 (MENA) - Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat highlighted that macroeconomic stability is essential for growth, but must be paired with structural reforms to empower the ....
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Egypt in talks with Saudi Arabia on strengthening agricultural, food safety cooperation
Date: 2025-05-23 10:16:46 GMT - Egypt - Economy - SN:15 - ID:11190510
CAIRO, May 23 (MENA) - Minister of Agriculture and Land Reclamation Alaa Farouk emphasized the importance of increasing Gulf, particularly Saudi, investment in Egypt’s agricultural sector, noting the recent steps taken by Egypt to improve the ....
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Egypt explores expanded coop. in renewable energy and electricity infrastructure with Switzerland
Date: 2025-05-23 09:49:40 GMT - Egypt - Economy - SN:12 - ID:11190507
CAIRO, May 23 (MENA) - Minister of Electricity and Renewable Energy Mahmoud Esmat discussed with Swiss Ambassador to Egypt Andreas Baum ways of strengthening cooperation and attracting further Swiss investment to Egypt’s electricity sector, ....
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Industry minister meets iron producers to draw up policies supporting steel industry
Date: 2025-05-23 09:04:41 GMT - Egypt - Economy - SN:11 - ID:11190562
CAIRO, May 23 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El Wazir announced Friday that the government is preparing to offer several licenses for the production of billet with special ....
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OPEN// PM reviews Ras El Hekma project progress
Date: 2025-05-22 18:42:16 GMT - Egypt - Economy - SN:77 - ID:11190153
CAIRO, May 22 (MENA) – Prime Minister Mostafa Madbouli held a meeting on Thursday to review the latest updates on the Ras El Hekma development project in Egypt’s northwest coast, in Matrouh Governorate. During the talks, Madbouli stressed the ....
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Industry minister invites Bulgarian partners to establish joint factories in Egypt targeting African market
Date: 2025-05-22 18:41:15 GMT - Egypt - Economy - SN:76 - ID:11190152
CAIRO, May 22 (MENA) - Minister of Industry and Transport Kamel el Wazir said the Egyptian-Bulgarian Business Forum constitutes a strategic opportunity to foster bilateral cooperation, especially in light of the significant convergence of views and ....
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IMF lauds Egypt's ongoing economic reform efforts
Date: 2025-05-22 16:37:03 GMT - Egypt - Economy - SN:73 - ID:11190063
CAIRO, May 22 (MENA) - Director of Communications at the International Monetary Fund (IMF) Julie Kozack praised Egypt’s ongoing economic reform efforts, highlighting progress in macroeconomic stability, declining inflation, and increased foreign ....
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Egypt’s Central Bank cuts interest rates by 1%
Date: 2025-05-22 16:27:59 GMT - Egypt - Economy - SN:71 - ID:11190085
CAIRO, May 22 (MENA) – The Central Bank of Egypt (CBE) announced a 100 basis point cut in interest rates during its Monetary Policy Committee meeting on Thursday. The overnight deposit rate was reduced to 24.00%, the lending rate to 25.00%, and ....