ar
en
fr
Economy
- Service : English General
- Category : Economy
-
OPEN// Gov.: Preparations ongoing for implementing Real Estate National ID Bill once president signs it into law
Date: 2025-05-12 13:51:07 GMT - Egypt - Economy - SN:28 - ID:11175198
CAIRO, May 12 (MENA) - Prime Minister Mostafa Madbouly affirmed that the Egyptian government has made significant progress in the digital transformation sector over recent years, both in services provided to individuals and to businesses. This ....
-
OPEN// PM follows up on initiative to convert cars to run on natural gas
Date: 2025-05-12 13:38:26 GMT - Egypt - Economy - SN:27 - ID:11175354
CAIRO, May 12 (MENA) - Prime Minister Mostafa Madbouly said that the government’s initiative to convert vehicles to operate on natural gas is a top priority, in line with President Abdel Fattah El Sisi’s directives to expand the conversion and ....
-
Bourse shows mixed performance at close of Monday trading
Date: 2025-05-12 13:16:36 GMT - Egypt - Economy - SN:26 - ID:11175461
CAIRO, May 12 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at end of trading Monday on the back of purchases by local and Arab institutions and investment funds as well as foreign and Egyptian investors, against sales by foreign ....
-
Business Sector: KIMA 2 factory is giant, industrial edifice in Upper Egypt
Date: 2025-05-12 12:41:28 GMT - Egypt - Economy - SN:23 - ID:11175274
CAIRO, May 12 (MENA) - The Public Business Sector Ministry said KIMA 2 factory of the Egyptian Chemical Industries company in the Upper Egyptian governorate of Aswan has the capacity to produce 1,200 tons of ammonia and 1,575 tons of urea ....
-
CAPMAS: 24.1% increase in value of exports in Feb. 2025
Date: 2025-05-12 10:39:20 GMT - Egypt - Economy - SN:11 - ID:11175039
CAIRO, May 12 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that trade deficit reached dlrs 2.33 billion in February 2025, compared to dlrs 3.28 billion for the same month the previous year, a decrease of ....
-
CBE: Egyptian expats' remittances hit record of 32.6 bln in one year
Date: 2025-05-12 10:00:24 GMT - Egypt - Economy - SN:9 - ID:11175023
CAIRO, May 12 (MENA) - The Central Bank of Egypt (CBE) announced that remittances from Egyptians abroad increased by 72.4% (USD 13.7 billion) to hit a record of USD 32.6 billion during the period from March 2024 to February 2025. In a statement ....
-
Egypt, Qatar mull signing long-term contracts in natural gas domain
Date: 2025-05-12 08:22:07 GMT - Egypt - Economy - SN:5 - ID:11174835
CAIRO, May 12 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi on Monday discussed with Qatar's Minister of State for Energy Affairs and CEO of QatarEnergy Saad bin Sherida Al Kaabi ways of accelerating the implementation of joint ....
-
CBE: Core inflation rate records 10.4% in April 2025
Date: 2025-05-11 19:14:36 GMT - Egypt - Economy - SN:65 - ID:11174479
CAIRO, May 11 (MENA) - The Central Bank of Egypt has reported an increase in the core inflation rate by 10.4% in April 2025, up from 9.4% in the previous month. In a statement released on Sunday, the bank noted that the monthly change in the ....
-
OPEN// Egypt targeting localization of auto industry – PM
Date: 2025-05-11 16:37:07 GMT - Egypt - Economy - SN:58 - ID:11174315
CAIRO, May 11 (MENA) - Prime Minister Mostafa Madbouli described the National Automotive Industry Development Strategy as a key pillar in achieving the goal of localizing car manufacturing in Egypt and attracting major global companies. He ....
-
Ministers of finance, investment meet with IMF mission
Date: 2025-05-11 15:52:40 GMT - Egypt - Economy - SN:53 - ID:11174182
CAIRO, May 11 (MENA) - Minister of Investment and Foreign Trade Hassan el Khatib announced the launch of a digital platform to unify and simplify the business licensing process, with plans to develop a more advanced "single window" digital system ....
