Economy

  • Service : English General
  • Category : Economy
  • OPEN// Presidential pardon for some prisoners on Eid, Sinai Liberation Day

    Date: 2025-03-28 15:59:27 GMT - Egypt - Economy - SN:28 - ID:11119262

    CAIRO, March 28 (MENA) - President Abdel Fattah El Sisi issued Friday decree No. 158 of 2025 pardoning some convicts on the occasions of Sinai Liberation Day and Eid al-Fitr. The decision was published in the official gazette. (MENA) M S H ....

  • CARGAS's lubricant sales rise by 54%, 34 new stations inaugurated

    Date: 2025-03-28 15:41:31 GMT - Egypt - Economy - SN:23 - ID:11118967

    CAIRO, March 28 (MENA) - Chairman and Managing Director of Natural Gas Vehicles Company (CARGAS) Khaled Gamal said that the company sales of lubricant for vehicles jumped in 2024 to over 5,000 tons or by 54% from last year, achieving an ....

  • IMF anticipates Egypt’s growth rate to hit 4.1% in FY 2025-26

    Date: 2025-03-27 22:42:27 GMT - Egypt - Economy - SN:62 - ID:11118617

    CAIRO, March 27 (MENA) - Director of the Communications Department at the International Monetary Fund (IMF) Julie Kozack reported on the IMF’s projections for the Egyptian economy for the upcoming fiscal year 2025-2026, saying the IMF anticipates a ....

  • CAPMAS: Egypt-Sierra Leone trade hit $37.6 mln in 2024

    Date: 2025-03-27 20:53:11 GMT - Egypt - Economy - SN:53 - ID:11118439

    CAIRO, March 27 (MENA) – The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that trade between Egypt and Sierra Leone amounted to $37.6 million in 2024, down from $57.9 million in 2023. Egyptian exports to Sierra Leone ....

  • Planning min. affirms gov't commitment to private sector-led growth

    Date: 2025-03-27 19:26:29 GMT - Egypt - Economy - SN:48 - ID:11118291

    CAIRO, March 27 (MENA) – Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat, said that the government is moving forward with reforms to increase private sector involvement and attract foreign ....

  • OPEN// PM emphasizes continued efforts with CBE for economic reform, private sector growth

    Date: 2025-03-27 18:37:15 GMT - Egypt - Economy - SN:42 - ID:11118288

    CAIRO, March 27 (MENA) - Prime Minister Mostafa Madbouli emphasized Thursday the necessity of continuing all efforts to achieve the state's objectives in advancing economic reform across various sectors. Madbouli was chairing a meeting of the ....

  • Egypt jumps to fourth place on list of largest glass exporters to Brazil

    Date: 2025-03-27 13:37:49 GMT - Egypt - Economy - SN:30 - ID:11117924

    CAIRO, March 27 (MENA) - Egypt's exports of glass and its products to Brazil jumped to dlrs 37.9 million moving Egypt from the tenth place among the largest exporters to Brazil in 2023 to fourth in 2024. According to data from Brazilian Ministry ....

  • Bourse indices up at close of Thursday trading

    Date: 2025-03-27 12:40:28 GMT - Egypt - Economy - SN:26 - ID:11117923

    CAIRO, March 27 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Thursday transactions prompted by purchases by Egyptian and foreign individuals against sales by local and Arab institutions and Arab investors. The ....

  • IMC, Huawei discuss cooperation in digital transformation

    Date: 2025-03-27 11:47:22 GMT - Egypt - Economy - SN:21 - ID:11117602

    CAIRO, March 27 (MENA) - The Industrial Modernization Center (IMC) and Huawei Technologies Company on Thursday discussed ways of leveraging the advanced technologies of the Chinese company as well as the possibility of its contribution to the ....

  • OPEN// PM follows up on work progress of northwestern coast development project

    Date: 2025-03-27 11:42:22 GMT - Egypt - Economy - SN:18 - ID:11117644

    CAIRO, March 27 (MENA) - Prime Minister Mostafa Madbouli said the development of the northwestern coast must come within the context of the State’s main goal of enhancing the importance of the area and maximizing its added value to national economy ....

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