Economy

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  • Category : Economy
  • Egypt has what it takes to benefit from global trade shift - IDSC

    Date: 2025-05-21 18:15:59 GMT - Egypt - Economy - SN:58 - ID:11188541

    NEW CAPITAL, May 21 (MENA) - Thanks to its strategic location and the regional trade agreements it has ratified, Egypt can be an export-manufacturing platform for Chinese companies to avoid US tariffs, said Nahla El-Sebai, director of the Cabinet ....

  • Uzbek delegation visits DRC to promote agriculture development cooperation

    Date: 2025-05-21 18:03:07 GMT - Egypt - Economy - SN:57 - ID:11188470

    CAIRO, May 21 (MENA) - President of the Desert Research Center (DRC) Hosam Shawky said agricultural development centers play an important role in supporting the Ministry of Agriculture and Land Reclamation's vision for building a new agricultural ....

  • Investment minister expounds new export rebates program

    Date: 2025-05-21 17:53:07 GMT - Egypt - Economy - SN:53 - ID:11188573

    CAIRO, May 21 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib outlined on Wednesday the new Export Rebate Program for fiscal years 2025/2026 and 2027/2028 during the weekly cabinet meeting at the New Administrative Capital. The ....

  • OPEN// Cabinet approves new automotive production incentive program to boost local industry

    Date: 2025-05-21 17:05:22 GMT - Egypt - Economy - SN:50 - ID:11188406

    CAIRO, May 21 (MENA) - The Cabinet approved, during its weekly meeting under Prime Minister Mostafa Madbouly Wednesday, a new automotive production incentive program as part of the National Strategy for the Automotive Industry. The initiative ....

  • Production of Petrobel, Agiba companies hit 110,000 barrels daily - ministry

    Date: 2025-05-21 16:23:01 GMT - Egypt - Economy - SN:44 - ID:11188469

    CAIRO, May 21 (MENA) - The Petroleum and Mineral Resources Ministry said on Wednesday petroleum liquids of Petrobel and Agiba companies exceeded 110,000 barrels per day thanks to the operation of new wells, rig-based maintenance works and non-rig ....

  • Bourse indices up at end of Wednesday trading

    Date: 2025-05-21 15:27:47 GMT - Egypt - Economy - SN:34 - ID:11188420

    CAIRO, May 21 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Wednesday transactions prompted by purchases by Egyptian investors and investment funds and institutions against sales by foreign and Arab ....

  • Global (1): First art storage facility of its kind in Saudi Arabia

    Date: 2025-05-21 14:44:26 GMT - Germany - Economy - SN:31 - ID:11188379

    Dear subscribers, the following is a global bulletin published for PRNewswire:‎ ================================================================= ATHR and Hasenkamp open art depot Jeddah - built according to international museum ....

  • GAFI's chairman discusses investment cooperation with Hong Kong

    Date: 2025-05-21 12:46:00 GMT - Egypt - Economy - SN:23 - ID:11187714

    CAIRO, May 21 (MENA) - Hossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI), said that the law drafted by the Egyptian government regarding central financial and business zones aims to create an environment luring ....

  • 17,000 tons of goods handled at Red Sea ports

    Date: 2025-05-21 06:40:07 GMT - Egypt - Economy - SN:5 - ID:11187497

    HURGHADA, Egypt, May 21 (MENA) - Some 17,000 tons of goods were handled at Red Sea ports over the past 24 hours. In a statement released on Wednesday, the Red Sea Port Authority (RSPA) said, the total volume of exported goods from the port ....

  • OPEN// PM: Egypt eyes greater coop. with China to localize EV manufacturing

    Date: 2025-05-20 19:00:05 GMT - Egypt - Economy - SN:62 - ID:11187077

    CAIRO, May 20 (MENA) - The Egyptian state attaches great importance to localizing the electric vehicle manufacturing, and is looking forward to cooperating with China on such an important file, especially in light of China's position as an EV market ....

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