Economy
- Service : English General
- Category : Economy
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Housing min. probes coop. opportunities with global hospitality investment company
Date: 2025-05-14 21:43:50 GMT - Egypt - Economy - SN:59 - ID:11179099
CAIRO, May 14 (MENA) - Minister of Housing, Utilities and Urban Communities Sherif el Sherbini reviewed on Wednesday with a representative of The Bench - a global organizer of hospitality investment - joint cooperation opportunities to attract ....
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EGP 44.5 billion to be allocated for promoting exports in 2025/2026 budget
Date: 2025-05-14 18:33:41 GMT - Egypt - Economy - SN:56 - ID:11179169
CAIRO, May 14 (MENA) - A total of 44.5 billion pounds is expected to be allocated for promoting exports in the new budget for the 2025/2026 fiscal year, according to a statement by the Finance Ministry. In a statement on the draft budget for the ....
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Bourse shows mixed performance at close of Wednesday's trading
Date: 2025-05-14 18:19:15 GMT - Egypt - Economy - SN:55 - ID:11179124
CAIRO, May 14 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at end of trading Wednesday, amid selective trading by some large and leading stocks, offset by limited profit-taking operations on small and medium-sized stocks and ....
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Rwanda's Trade min. inspects Egyptian pavilions at Kigali Expo
Date: 2025-05-14 17:37:33 GMT - Egypt - Economy - SN:53 - ID:11178911
CAIRO, May 14 (MENA) - Egypt's Ambassador to Rwanda Nermin el Zawahiri and Rwandan Minister of Trade and Industry Prudence Sebahizi inspected the pavilions of Egyptian companies participating in the 20th Egypt & Middle East Expo 2025, the Rwandan ....
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SCZone Chairman: Growing interest in industry localization, technology transfer projects
Date: 2025-05-14 17:12:38 GMT - Egypt - Economy - SN:51 - ID:11179024
CAIRO, May 14 (MENA) - Chairman of the General Authority of the Suez Canal Economic Zone (SCZone) Walid Gamal El Din said Wednesday the economic zone is paying increasing attention to projects targeting industry localization and technology transfer, ....
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Mashat in talks over reform measures needed for IMF's $1.3 bln RSF funding
Date: 2025-05-14 17:11:01 GMT - Egypt - Economy - SN:50 - ID:11178952
CAIRO, May 14 (MENA) - Minister of Planning, Economic Development, and International Cooperation Rania el Mashat discussed on Wednesday with International Monetary Fund (IMF) mission chief Ivana Vladková Hollar the reform measures the ministry plans ....
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OPEN// PM approves free zone, industrial expansion in New October City
Date: 2025-05-14 15:54:28 GMT - Egypt - Economy - SN:44 - ID:11178865
CAIRO, May 14 (MENA) – Prime Minister Mostafa Madbouli approved the reallocation of two land plots in New October City for investment and industrial use. One, nearly 270 feddans, will host a private free zone and logistics area. The other, about ....
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Modern Gas Co. completes implementation of integrated gas project in UAE's Jubail Island
Date: 2025-05-14 15:52:46 GMT - Egypt - Economy - SN:43 - ID:11178968
CAIRO, May 14 (MENA) - The Modern Gas Company successfully completed the implementation and the operation of an integrated natural gas project in Jubail Island in Abu Dhabi, the United Arab Emirates, the Ministry of Petroleum said in a statement on ....
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Egypt's interest payments in new budget estimated at EGP 2.2 trillion
Date: 2025-05-14 15:38:26 GMT - Egypt - Economy - SN:42 - ID:11178951
CAIRO, May 14 (MENA) - Egypt’s interest payments on domestic and foreign debt are estimated to reach EGP 2.298 trillion in the 2025/26 state budget, up from EGP 1.834 trillion in the 2024/25 budget, marking an increase of EGP 463.562 billion, or ....
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Finance Ministry targets 807-billion-pound primary surplus in new budget
Date: 2025-05-14 15:19:36 GMT - Egypt - Economy - SN:39 - ID:11178932
CAIRO, May 14 (MENA) - The Finance Ministry seeks to attain an initial surplus worth 807 billion pounds in the new 2025/2026 fiscal year. In a statement on the draft budget of the new fiscal year, the ministry said the total budget deficit is ....