Economy
- Service : English General
- Category : Economy
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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 ....
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EGAS inks new deal to expand natural gas exploration in Nile Delta area
Date: 2025-05-14 13:26:04 GMT - Egypt - Economy - SN:35 - ID:11178418
CAIRO, May 14 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of an agreement between the Egyptian Natural Gas Holding Company (EGAS) and Harbour Energy to expand exploration and production operations in the ....
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Military Production min. inspects Military Production Co. for Projects, Engineering Consultations, General Supplies
Date: 2025-05-14 12:51:17 GMT - Egypt - Economy - SN:30 - ID:11178421
CAIRO, May 14 (MENA) - Minister of State for Military Production Mohamed Salaheddin Mostafa visited on Wednesday the Military Production Company For Projects, Engineering Consultations and General Supplies to follow up on the daily work flow at the ....
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EU amb. to Egypt visits West Alex. Wastewater Treatment Plant
Date: 2025-05-14 09:55:53 GMT - Egypt - Economy - SN:21 - ID:11178139
ALEXANDRIA, May 14 (MENA) - A delegation from the European Union, led by EU Ambassador to Egypt Angelina Eichhorst, visited the West Alexandria Wastewater Treatment Plant on Wednesday. Eichhorst and accompanying delegation listened to a detailed ....
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OPEN// Mashat: Egyptian economy regains growth momentum
Date: 2025-05-14 09:36:56 GMT - Egypt - Economy - SN:20 - ID:11178063
CAIRO, May 14 (MENA) - Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said the Egyptian economy has regained growth momentum since the implementation of economic reform measures that began in March 2024, ....
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10,000 tons of goods handled at Red Sea ports
Date: 2025-05-14 06:24:19 GMT - Egypt - Economy - SN:11 - ID:11177849
HURGHADA, Egypt, May 14 (MENA) - Some 10,000 tons of goods were handled at Red Sea ports over the past 24 hours. In a statement released on Wednesday, the Red Sea Port Authority (RSPA) said, the total volume of exported goods from the port ....
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Finance ministry allocates EGP 1 bln to support farmers in FY 2025/26
Date: 2025-05-13 19:50:12 GMT - Egypt - Economy - SN:74 - ID:11177628
CAIRO, May 13 (MENA) – The Ministry of Finance announced that it had allocated EGP 1.02 billion to support farmers in the draft state budget for fiscal year 2025/2026, compared to EGP 657 million in the current fiscal year. In a statement, the ....
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OPEN// PM meets with members of advisory committee for export development
Date: 2025-05-13 19:23:36 GMT - Egypt - Economy - SN:69 - ID:11177533
CAIRO, May 13 (MENA) – Prime Minister Mostafa Madbouli has emphasized the government’s keenness to get acquainted with various viewpoints as regards the implementation of the new export burden rebate program in a way that helps meet the export ....
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Investment min. heads to Moscow to participate in Egyptian-Russian Committee meetings
Date: 2025-05-13 18:57:35 GMT - Egypt - Economy - SN:68 - ID:11177414
CAIRO, May 13 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib headed Tuesday to Moscow to chair the Egyptian delegation participating in the 15th session of the Egyptian-Russian Committee for Trade, Economic, Scientific, and ....