Economy

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  • Category : Economy
  • Maritime, Land Transport Holding Co., Maersk sign MoU to promote cooperation in RSRS domain

    Date: 2025-02-27 12:45:13 GMT - Egypt - Economy - SN:20 - ID:11084552

    CAIRO, Feb 27 (MENA) - Deputy Prime Minister for Industrial Development and Minister of Industry and Development Kamel el Wazir on Thursday attended on Thursday the signing of a memorandum of understanding between the Holding Company for Maritime ....

  • 3 industrial areas in Egypt turned into eco-industrial parks - UNIDO

    Date: 2025-02-27 12:35:57 GMT - Egypt - Economy - SN:19 - ID:11084940

    CAIRO, Feb 27 (MENA) - Patrick Jean Gilabert, UNIDO Representative of the Regional Office Hub in Egypt, said on Thursday the organization is now contributing to implementing 23 successful projects in Egypt at a value of 58 million dollars, including ....

  • OPEN// PM opens Alex Panel factory at SCZONE

    Date: 2025-02-27 11:51:41 GMT - Egypt - Economy - SN:18 - ID:11084734

    SUEZ, Egypt, Feb 27 (MENA) - Prime Minister Mostafa Madbouli on Thursday inaugurated the factory of Alex Panel company for Sandwich panel manufacturing during his inspection tour of Sokhna Industrial Zone, which is an affiliate of the Suez Canal ....

  • OPEN// PM opens Air Liquide factory at 80 mn euro investments

    Date: 2025-02-27 11:12:00 GMT - Egypt - Economy - SN:14 - ID:11084667

    SUEZ, Egypt, Feb 27 (MENA) - Prime Minister Moustafa Madbouli inaugurated on Thursday a 25,000-square-meter factory of Air Liquide at 80 million euro investments. The prime minister is on a tour of the integrated Sokhna area - an affiliate to the ....

  • EGP 6 bln earmarked as additional funding to support wheat farmers: Finance min.

    Date: 2025-02-26 21:26:56 GMT - Egypt - Economy - SN:59 - ID:11084040

    CAIRO, Feb 26 (MENA) - Finance Minister Ahmed Kouchouk said six billion pounds were allocated as an additional funding to support wheat farmers. The government particularly focuses on increasing wheat yield, and setting a minimum rate for ....

  • OPEN// PM: Egypt to invest $1.25 bln in gas projects for 2025/2026

    Date: 2025-02-26 21:06:23 GMT - Egypt - Economy - SN:57 - ID:11084113

    CAIRO, Feb 26 (MENA) – The Egyptian Natural Gas Holding Company (EGAS) plans to invest $1.25 billion in 2025/2026 to boost gas production, with a target of 630 million cubic feet per day. The meeting, held during the general assembly of EGAS, ....

  • Investment min. urges Dubai Ports Authority to expand its business in Egypt

    Date: 2025-02-26 20:36:58 GMT - Egypt - Economy - SN:53 - ID:11083985

    CAIRO, Feb 26 (MENA) - Minister of Investment and Foreign Trade Hassan El-Khatib said the state is working on more reforms to fiscal, monetary, trade and procedural policies to create a business-friendly environment, and streamline investment ....

  • Elsewedy Electric wins contract for Hungary’s largest power plant

    Date: 2025-02-26 20:20:21 GMT - Egypt - Economy - SN:50 - ID:11083991

    CAIRO, Feb 26 (MENA) – Elsewedy Electric announced that it had secured a contract to build Hungary’s largest combined-cycle power plant (CCPP), marking its first major investment in Europe. The contract was awarded by MVM Mátra Energia Zrt, a ....

  • SCZone inks usufruct contract for $12 mln gypsum factory in Wadi Al-Technologia

    Date: 2025-02-26 19:10:55 GMT - Egypt - Economy - SN:46 - ID:11083882

    CAIRO, Feb 26 (MENA) - Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din signed a usufruct contract with Chairman of Industrial House for Building Materials Yasser Ayoub, to build a new gypsum products factory in Wadi ....

  • Egypt allocates EGP 85 bln for salary, pension increases from July

    Date: 2025-02-26 19:04:40 GMT - Egypt - Economy - SN:44 - ID:11083986

    CAIRO, Feb 26 (MENA) – Finance Minister Ahmed Kouchouk announced that Egypt will allocate between EGP 80 to 85 billion for salary and pension increases starting July 2025. During a press conference following the weekly Cabinet meeting, Kouchouk ....

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