Economy

PM attends signing of $1.65 bln metal industries complex deal

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

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

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

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

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

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

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

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

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

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…
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