Economy
PM attends signing of $1.65 bln metal industries complex deal
March 26, 2025
PM attends signing of $1.65 bln metal industries complex deal
Prime Minister Mostafa Madbouly attended the signing of a $1.65 billion contract to establish the Shin Feng Integrated Metal Industries…
PM reviews IFC advisory services deal to expand private sector’s participation in airports’ management
March 25, 2025
PM reviews IFC advisory services deal to expand private sector’s participation in airports’ management
CAIRO, March 24 (MENA) – Prime Minister Mostafa Madbouly reviewed with Vice-President of International Finance Corporation (IFC) for Africa Sérgio…
Health Minister: Gov’t discusses steps to facilitate foreign investment
March 24, 2025
Health Minister: Gov’t discusses steps to facilitate foreign investment
Deputy Prime Minister for Human Development and Minister of Health and Population, Khaled Abdel Ghaffar chaired a government meeting to…
GAFI, Mashreq Bank ink deal to attract foreign, local investments
March 23, 2025
GAFI, Mashreq Bank ink deal to attract foreign, local investments
General Authority for Investment and Free Zones (GAFI) and Mashreq Bank Saturday 22/3/2025 sealed a cooperation deal to boost cooperation…
LMD Announces Completion of Phase One of Business Quarter at “ONE NINETY” in New Cairo
March 20, 2025
LMD Announces Completion of Phase One of Business Quarter at “ONE NINETY” in New Cairo
Landmark Real Estate Development (LMD), a leading developer of integrated real estate projects, has announced the completion of all…
CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan
March 19, 2025
CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan
American multinational financial firm J.P. Morgan anticipates interest rates in Egypt to be cut by six percent during the Central…
Petroleum Ministry: SUMED profits hit $192mn in 2024
March 19, 2025
Petroleum Ministry: SUMED profits hit $192mn in 2024
The Arab Petroleum Pipelines Company (SUMED) has achieved net profits estimated at 192 million dollar in 2024, with a return…
Investment min.: Egypt focuses on infrastructure, private sector growth
March 19, 2025
Investment min.: Egypt focuses on infrastructure, private sector growth
CAIRO, March 18 (MENA) – Minister of Investment and Foreign Trade Hassan al-Khatib said the world is undergoing fundamental economic…
Video: Egypt incurs monthly losses of US$ 800 million, says President Sisi
March 18, 2025
Video: Egypt incurs monthly losses of US$ 800 million, says President Sisi
Egyptian President Abdel Fattah al-Sisi said that owing to regional tensions Egypt is incurring monthly losses estimated at approximately US$800…
President Sisi stresses continuous development in state institutions
March 18, 2025
President Sisi stresses continuous development in state institutions
CAIRO, March 16 (MENA) – President Abdel Fattah al-Sisi reaffirmed the importance of continuous development in state institutions, particularly in…