Economy

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  • Category : Economy
  • Mashat arrives in Algeria to participate in IsDB annual meetings

    Date: 2025-05-20 12:29:18 GMT - Algeria - Economy - SN:25 - ID:11186562

    ALGIERS/CAIRO, May 20 (MENA) - Minister of Planning and Economic Development and Governor of Egypt at the Islamic Development Bank (IsDB) Group Rania al Mashat arrived in Algeria to participate in the Annual Meetings of the Islamic Development Bank ....

  • OPEN//Sisi directs gov. to provide suitable conditions to attract more foreign investments

    Date: 2025-05-20 11:49:29 GMT - Egypt - Economy - SN:22 - ID:11186452

    CAIRO, May 20 (MENA) - President Abdel Fattah El Sisi has directed the government to pursue intensive efforts to create suitable conditions for attracting more foreign investments and empowering the private sector, through establishing a suitable ....

  • OPEN// Investment min. says political stability contributes to attract foreign investors

    Date: 2025-05-20 11:00:31 GMT - Germany - Economy - SN:21 - ID:11186356

    BERLIN, May 20 (MENA) - Egypt's Minister of Investment and Foreign Trade Hassan el-Khatib said the Egyptian government seeks to provide clear, stable and long-term policies being key elements luring true investors. During his participation in ....

  • Egypt hosts 12th CAPSCA meeting

    Date: 2025-05-20 10:43:37 GMT - Egypt - Economy - SN:20 - ID:11186419

    CAIRO, May 20 (MENA) - The Egyptian Civil Aviation Authority, representing the Ministry of Civil Aviation, is currently hosting the Twelfth Meeting of the Middle East Regional Collaborative Arrangement for the Prevention and Management of Public ....

  • OPEN// Sumitomo Group head: Our "Made in Egypt" labeled products support car industry in Europe, beyond

    Date: 2025-05-20 10:16:08 GMT - Egypt - Economy - SN:18 - ID:11186329

    CAIRO, May 20 (MENA) - The chairman of Sumitomo Global Corporation on Tuesday said that products of the mega company that bear "Made in Egypt" label are shipped from its factories to several destinations across Europe and beyond, demonstrating the ....

  • Petroleum Ministry: PhosPhate Misr net profits surpass EGP 3mln in 2024

    Date: 2025-05-20 09:31:27 GMT - Egypt - Economy - SN:15 - ID:11185984

    CAIRO, May 20 (MENA) - The sale profits of PhosPhate Misr company from its concessions in Abu Tartour, the Red Sea, and Sebaiya has increased to EGP 7.9 billion in 2024, marking a 149 percent increase compared to last year. Profits after tax ....

  • OPEN// PM: SE Wiring Systems Egypt giant edifice

    Date: 2025-05-20 09:31:16 GMT - Egypt - Economy - SN:14 - ID:11186146

    10TH OF RAMADAN CITY, Egypt, May 20 (MENA) - Prime Minister Moustafa Madbouli on Tuesday said that SE Wiring Systems Egypt, a subsidiary of Sumitomo Electric Systems Europe located in the 10th of Ramadan City, represents a massive industrial ....

  • Egyptian Tax Authority affirms stability of VAT and tax exemptions on essential goods

    Date: 2025-05-20 08:00:09 GMT - Egypt - Economy - SN:13 - ID:11186139

    CAIRO, May 20 (MENA) - The Egyptian Tax Authority has unequivocally denied recent media claims suggesting any intention to raise the general rate of Value Added Tax (VAT) or to eliminate existing exemptions on essential food commodities, emphasizing ....

  • Egypt, Germany strengthen strategic economic ties through business collaboration

    Date: 2025-05-20 07:49:15 GMT - Germany - Economy - SN:12 - ID:11186106

    BERLIN/CAIRO, May 20 (MENA) - Egyptian Ambassador in Berlin Mohamed el-Badri emphasized the deep strategic relationship between Egypt and Germany, highlighting the significant role that German companies play in advancing Egypt’s industrial sector, ....

  • Egypt, Uzbekistan seek to enhance agricultural cooperation to achieve food security

    Date: 2025-05-20 07:46:56 GMT - Egypt - Economy - SN:11 - ID:11186104

    CAIRO, May 20 (MENA) - Minister of Agriculture and Land Reclamation Alaa Farouk reaffirmed the depth of historical relations between Egypt and Uzbekistan across various sectors and levels, expressing readiness to provide full support and expertise ....

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