economic

Egypt releases strategic economic plan (2024-2030) for National Dialogue

Sat, 20 Jan 2024 - 11:48 GMT

Egypt's Prime Minister Mostafa Madbouly has ordered the release of a new economic plan for the country's next six years.

Egypt achieved remarkable transformation in energy sector: Study

Tue, 17 Jan 2023 - 01:00 GMT

A recent study issued by the Egyptian Center for Thought and Strategic Studies confirmed that, in recent years, Egypt has been able to achieve a remarkable transformation in the energy sector.

Egypt, Oman mull boosting trade, economic, investment cooperation

Thu, 23 Dec 2021 - 04:20 GMT

During her meeting with Omani Trade and Industry Minister Qais bin Mohammed Al Yousef via video conference, Gamea discussed ways of boosting trade, industrial and investment cooperation between the two countries.

Egypt Economic Summit’s second session tackles the positive results of the economic reform program

Thu, 16 Dec 2021 - 11:46 GMT

Sadek: We face difficulty increasing sales due to some imported raw materials shortage

Egypt skips ‘Commodity Dependence’ trap, thanks to diverse exports: Report

Sat, 23 Oct 2021 - 11:24 GMT

Reports showed Egypt is one of the countries that are outside this trap due to the government’s keenness on expanding manufacturing activities

Egyptian Amb. in Beirut discusses economic relations with Lebanese gov’t members

Sat, 02 Oct 2021 - 01:42 GMT

Ambassador of Egypt to Lebanon, Dr. Yasser Elwi, met Saturday with a number of members of the Lebanese government, to discuss ways to support and develop economic bilateral relations between Egypt and Lebanon.

Egyptian Amb. in Beirut discusses economic relations with Lebanese gov’t members

Sat, 02 Oct 2021 - 01:42 GMT

Ambassador of Egypt to Lebanon, Dr. Yasser Elwi, met Saturday with a number of members of the Lebanese government, to discuss ways to support and develop economic bilateral relations between Egypt and Lebanon.

US dollar exchange rate stable at Egypt's banks

Sun, 09 May 2021 - 07:53 GMT

The dollar registered its lowest exchange rate at the National Bank of Egypt, recording EGP 15.60 for buying and EGP 15.70 for selling.

CAPMAS: Number of Egyptians who acquired immigrant status falls by 47.4% in 2020

Sun, 09 May 2021 - 11:45 GMT

The number of Egyptians who gained immigration approvals reached 153 main immigrants and 31 accompanied ones, the report said.

Mullah: Oil sector contribution to GDP reached 24 percent during FY 2019/2020

Sun, 09 May 2021 - 11:37 GMT

The minister's remarks were made during an event marking the International Cooperation Ministry launching of a joint coordination platform with the Oil and Mineral Wealth Sector

Egypt tops emerging markets containing inflation: Cabinet

Sat, 21 Nov 2020 - 01:15 GMT

The Cabinet’s information center published an infographic showing that Egypt tops emerging markets in containing inflation domain.

Investment in Africa’s untapped private sector is key to resilient economic recovery: Al Mashat

Wed, 21 Oct 2020 - 01:39 GMT

Al Mashat, urged for the World Bank and international institutions to tap into Africa’s private sector and support economic recovery.

Egypt's Finance min. announced new facilities to encourage citizens to pay government dues via e-payment

Wed, 30 Sep 2020 - 02:20 GMT

In statements on Wednesday, the minister said these facilities will enable citizens to receive services without any added expenses.

Egypt to become first Arab country to issue Green bonds

Tue, 29 Sep 2020 - 12:03 GMT

Egypt started marketing a five-year U.S. dollar-denominated Green bond on Tuesday at a yield of around 5.75%.

Al Mashat Meets Members of Egyptian Military-Diplomatic Representatives Abroad

Tue, 29 Sep 2020 - 10:50 GMT

Al-Mashat, met with the members of the Egyptian Military-Diplomatic Representatives abroad.

Egypt's Planning Ministry: LE 16.9 bn Suez Canal investments in 2020-2021 plan

Sun, 27 Sep 2020 - 10:33 GMT

The minister further referred to the waterway's role as main source for generating outflow of foreign currency into the country.

Minister of International Cooperation, Korean Ambassador Prioritize Expanding Technological Education to Support Youth in Egypt

Sat, 26 Sep 2020 - 10:13 GMT

Al-Mashat, discussed with Mr. Hong Yin Wook, the new South Korean ambassador in Cairo, future areas of cooperation between Egypt and South Korea.

Egypt's Trade minister: Crisis of Kenya imposing custom tariffs on Egypt's exports settled

Mon, 21 Sep 2020 - 11:05 GMT

She said many Kenyan companies have complained of imposing of tariffs on their exports from Cairo, leading to a halt in handling of Egyptian containers at Kenya's Mombasa harbor.

Egypt's Petroleum min., Naftogaz officials probe boosting investments

Sat, 22 Aug 2020 - 08:57 GMT

In a statement issued on Saturday, the minister said the meeting tackled ways of boosting cooperation in the coming period given the Ukrainian company's willingness to take part in the projected oil and gas tenders.

Maait: LE12.7 bn in this year's state budget for digital transformation projects

Sat, 15 Aug 2020 - 11:56 GMT

In statements on Saturday, Maait said the government is proceeding with the march of digital transformation.

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