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Economy
- Service : English General
- Category : Economy
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Planning minister: Egypt’s GDP growth rises to 4.3% in Q2
Date: 2025-03-26 17:33:51 GMT - Egypt - Economy - SN:44 - ID:11116909
CAIRO, March 26 (MENA) – Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, said that Egypt’s GDP grew by 4.3% in the second quarter of fiscal year 2024/2025, up from 2.3% a year earlier. During a press ....
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MIDOR net profits rose 63% to $129 million in 2024
Date: 2025-03-26 17:27:17 GMT - Egypt - Economy - SN:43 - ID:11116899
CAIRO, March 26 (MENA) - The Middle East Oil Refining Company (MIDOR) net profits after tax rose by 63%, reaching $129 million in 2024, according to a statement by the Ministry of Petroleum and Mineral Resources on Wednesday. Last year MIDOR ....
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Egypt's GDP growth rate increases to 4.3 pct in 2nd quarter of FY 2024/25, says minister
Date: 2025-03-26 16:35:33 GMT - Egypt - Economy - SN:39 - ID:11116736
CAIRO, March 26 (MENA) – Egypt’s gross domestic product (GDP) growth rate registered 4.3% in the second quarter of the 2024/2025 fiscal year, compared to 2.3% in the same period a year earlier, Minister of Planning, Economic Development, and ....
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OPEN// PM: More consultations over proposed Export Rebate Program will take place after Eid al-Fitr holiday
Date: 2025-03-26 16:34:07 GMT - Egypt - Economy - SN:38 - ID:11116893
CAIRO, March 25 (MENA) - Prime Minister Mostafa Madbouly announced that the Export Rebate Program, that is being developed in consultation with the ministers of finance and investment, will be implemented starting in the FY 2025-2026, with a focus ....
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Cabinet okays Alstom railway components project in Borg El Arab
Date: 2025-03-26 15:33:05 GMT - Egypt - Economy - SN:35 - ID:11116777
CAIRO, March 26 (MENA) - The Cabinet approved Wednesday a request submitted to the Ministry of Investment and Foreign Trade to establish a new project in the Borg El Arab Freezone by French Alstom railways components manufacturing LLC. The ....
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OPEN// Cabinet approves draft budget of 2025-2026 FY
Date: 2025-03-26 14:49:58 GMT - Egypt - Economy - SN:33 - ID:11116709
CAIRO, March 26 (MENA) - The cabinet approved on Wednesday the draft budget of the 2025-2026 FY and decided to refer it to the House of Representatives. During the cabinet meeting, Finance Minister Ahmed Kouchouk reviewed the most important ....
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Planning min. reviews features of economic, social development plan 2025-2026
Date: 2025-03-26 14:40:10 GMT - Egypt - Economy - SN:32 - ID:11116712
CAIRO, March 26 (MENA) - Minister of Planning, Economic Development, and International Cooperation Rania el Mashat reviewed Wednesday economic and social development plan for FY 2025/2026 to direct public investments to priority projects that ....
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EGX shows mixed performance at close of Wednesday's trading
Date: 2025-03-26 14:02:20 GMT - Egypt - Economy - SN:31 - ID:11116609
CAIRO, March 26 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday's trading session. The market capital gained EGP 3 billion to settle at EGP 2.234 trillion after total transactions amounting to ....
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Shimi stresses deep interest in developing pharmaceutical industry, promoting medical security
Date: 2025-03-26 14:02:07 GMT - Egypt - Economy - SN:30 - ID:11116384
CAIRO, March 26 (MENA) - Minister of the Public Business Sector Mohamed Shimi underlined the ministry's deep interest in developing the pharmaceutical industry in its affiliated companies. The ministry seeks promoting the role of the Holding ....
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Egyptian amb., Moroccan trade min. review bilateral cooperation
Date: 2025-03-26 10:22:55 GMT - Egypt - Economy - SN:17 - ID:11116230
CAIRO, March 26 (MENA) - Egyptian Ambassador to Morocco Ahmed Nehad Abdel Latif had talks with Moroccan Minister of Industry and Trade Riyad Mezzour on means of promoting bilateral cooperation and partnership. The two sides underlined keenness on ....
