Economy
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…
PM follows up on steps taken to stimulate investment climate, enhance its competitiveness
March 15, 2025
PM follows up on steps taken to stimulate investment climate, enhance its competitiveness
CAIRO, March 13 (MENA) – Prime Minister Mostafa Madbouly on Thursday chaired a meeting to follow up on the implementation…
BP to help Egypt close gas supply gap with 160 million cubic feet daily
March 13, 2025
BP to help Egypt close gas supply gap with 160 million cubic feet daily
The British Petroleum (BP) company aims to increase gas production in Egypt by about 160 million cubic feet per day…
FM: Egypt moving steadily towards upgrading economic performance
March 11, 2025
FM: Egypt moving steadily towards upgrading economic performance
Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty stressed that Egypt is moving steadily towards upgrading its economic…
IMF approves disbursement of 4th tranche from loan to Egypt
March 11, 2025
IMF approves disbursement of 4th tranche from loan to Egypt
Egyptian Finance Minister Ahmed Kouchouk announced on Monday that the International Monetary Fund (IMF) has approved the disbursement of the…
PM: Egyptian Economy Shows Positive Indicators at present
March 6, 2025
PM: Egyptian Economy Shows Positive Indicators at present
Prime Minister Mostafa Madbouly asserted that the Egyptian economy shows many positive indicators at present. He said that the Purchasing…
Egypt’s non-oil private sector growth continues in February following increased sales
March 5, 2025
Egypt’s non-oil private sector growth continues in February following increased sales
Egypt’s non-oil private sector continued to improve in February, building on the upward trend seen at the start of 2025…