Economy

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  • Category : Economy
  • OPEN// PM confers with CBE governor on Egypt's current economic performance

    Date: 2025-04-28 18:06:17 GMT - Egypt - Economy - SN:53 - ID:11157062

    CAIRO, April 28 ( MENA) - Prime Minister Mostafa Madbouly met with Governor of the Central Bank of Egypt (CBE) Hassan Abdullah as part of ongoing coordination and regular follow-up regarding Egypt's macroeconomic indicators, efforts to reduce ....

  • GIZ launches new initiative to promote green services in Egypt

    Date: 2025-04-28 17:54:46 GMT - Egypt - Economy - SN:52 - ID:11156943

    CAIRO, April 28 (MENA) - The German Agency for International Cooperation (GIZ) has launched a new initiative aimed at enhancing the green portfolio for business service providers in Egypt. According to a GIZ statement, the initiative aims to ....

  • Egypt’s budget deficit drops 5.1% of GDP in eight months

    Date: 2025-04-28 16:22:08 GMT - Egypt - Economy - SN:46 - ID:11156814

    CAIRO, April 28 (MENA) - The Ministry of Finance announced a decrease in the overall budget deficit for the state’s general budget between July and February of the current fiscal year 2024/2025, reaching EGP 879.3 billion, equivalent to 5.1% of GDP, ....

  • Public expenditure rises 15.8% in 8 months

    Date: 2025-04-28 14:27:10 GMT - Egypt - Economy - SN:39 - ID:11156865

    CAIRO, April 28 (MENA) - The Ministry of Finance announced Monday that total public expenditure increased by EGP 314.9 billion (15.8%) during the period from July to February 2024/2025, reaching EGP 2.308 trillion compared to EGP 1.993 trillion ....

  • Total tax revenues hit EGP 1.234 trillion in 8 months of FY 2024-25: Finance Ministry

    Date: 2025-04-28 14:23:08 GMT - Egypt - Economy - SN:37 - ID:11156539

    CAIRO, April 28 ( MENA) - The Ministry of Finance announced a significant increase in tax revenues during the period from July to February of the 2024-2025 fiscal year, rising by 38.4% or about EGP 342.4 billion. Total tax revenues reached EGP ....

  • Egypt has successful model of Public-Private Partnership, says UAB head

    Date: 2025-04-28 13:08:09 GMT - Egypt - Economy - SN:27 - ID:11156547

    CAIRO, April 28 (MENA) - Chairman of the Union of Arab Banks (UAB) and the Federation of Egyptian Banks (FEB) Mohamed El-Etreby said Egypt has a successful model of Public-Private Partnership (PPP), citing the implementation of several major ....

  • CBE governor named Governor of the Year

    Date: 2025-04-28 13:02:01 GMT - Egypt - Economy - SN:26 - ID:11156557

    CAIRO, April 28 (MENA) - Chairman of the Union of Arab Banks (UAB) Chairman Mohamed El-Etreby announced Monday that Governor of Central Bank of Egypt (CBE) Hassan Abdullah has won the Governor of the Year Award for 2025. Giving a word at the 2025 ....

  • Military production companies to participate in Solar & Storage Live Egypt 2025

    Date: 2025-04-28 12:59:55 GMT - Egypt - Economy - SN:25 - ID:11156736

    CAIRO, April 28 (MENA) - Companies affiliated with the Ministry of Military Production will participate in the Solar & Storage Live Egypt 2025 exhibition, scheduled to be held from April 29 to 30 at the Egypt International Exhibition Center in New ....

  • Petroleum ministry hosts 7th meeting of ministerial task force on CBAM

    Date: 2025-04-28 12:54:49 GMT - Egypt - Economy - SN:24 - ID:11156524

    CAIRO, April 28 ( MENA) - The Ministry of Petroleum and Mineral Resources hosted the 7th meeting of the Technical Secretariat for the Ministerial Task Force on the European Carbon Border Adjustment Mechanism (CBAM), coordinated by the General ....

  • Bourse indices up at close of Monday's trading

    Date: 2025-04-28 12:33:57 GMT - Egypt - Economy - SN:20 - ID:11156768

    CAIRO, April 28 (MENA) - Egyptian Exchange (EGX) indices posted collective gains at the close of Monday transactions prompted by purchases by Egyptian individuals against sales by foreign and Arab investors, institutions and investment funds. The ....

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