Economy

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  • Category : Economy
  • FDI up in June 2014 - CBE

    FDI up in June 2014 - CBE

    Date: 2014-11-10 17:04:02 GMT - Egypt - Economy - SN:70 - ID:1306393

    Net foreign direct investments had risen by $40 million in the period between March and June, the Central Bank of Egypt (CBE) said Thursday. In a report, the CBE said net FDIs recorded $1.045 billion in June against $1.005 billion in March. ....

  • CBE governor wins leadership vision award from World Union of Arab Bankers

    CBE governor wins leadership vision award from World Union of Arab Bankers

    Date: 2014-11-10 16:33:46 GMT - Lebanon - Economy - SN:62 - ID:1306249

    The Union of Arab Banks and the World Union of Arab Bankers decided to grant the governor of Central Bank of Egypt (CBE) Hisham Ramez an award of leadership vision for the year 2014. The move came in appreciation of Ramez's efforts in ....

  • Annual inflation rate declines to 8.47% in October - CBE

    Annual inflation rate declines to 8.47% in October - CBE

    Date: 2014-11-10 16:21:12 GMT - Egypt - Economy - SN:55 - ID:1306117

    The annual inflation rate declined to 8.47 percent in October, compared by 9.15 percent in September, announced the Central Bank of Egypt (CBE). In a statement Monday, the CBE said that the main inflation rate hit 0.55 percent in October, 2014 ....

  • 48 vessels transit Suez Canal

    48 vessels transit Suez Canal

    Date: 2014-11-10 13:00:33 GMT - Egypt - Economy - SN:50 - ID:1304005

    Forty-eight vessels transited the Suez Canal on Monday, carrying a total cargo of 2.320 million tons. The south-bound convoy included 22 vessels with a combined cargo of 1.103 million tons while the north-bound convoy included 26 ships, carrying ....

  • Supply minister meets delegation from Visa company

    Supply minister meets delegation from Visa company

    Date: 2014-11-10 12:17:43 GMT - Egypt - Economy - SN:43 - ID:1303513

    Supply and Internal Trade Minister Khaled Hanafy met Monday with General Manager for Middle East and North Africa at Visa Ihab Ayoub along with his accompanying delegation. The meeting took up technological cooperation between the Supply and ....

  • UAE economy minister: Egypt has great potentials to lure world investments

    UAE economy minister: Egypt has great potentials to lure world investments

    Date: 2014-11-10 08:26:45 GMT - Kingdom of Saudi Arabia - Economy - SN:16 - ID:1301433

    UAE Economy Minister Sultan Al-Mansouri asserted that Egypt has great potentials to lure international and Arab investments, noting that Egypt could rank first in the tourism and manufacturing fields worldwide, according o the Saudi "Al-Iqtisadiya" ....

  • Petroleum minister says $ 2bn deals signed since 2013

    Petroleum minister says $ 2bn deals signed since 2013

    Date: 2014-11-10 07:59:59 GMT - Egypt - Economy - SN:9 - ID:1301209

    Sherif Ismail, the Minister of Petroleum and Mineral Resources, said on Sunday 36 agreements have been signed since 2013 at investments worth two billion dollars. He said 20 new agreements will be signed with investments of 1.2 billion ....

  • Egypt road network upgraded - Min.

    Egypt road network upgraded - Min.

    Date: 2014-11-09 16:21:32 GMT - Egypt - Economy - SN:42 - ID:1298889

    Efforts are underway to upgrade the network of Egypt's roads, Transportation Minister Hany Dahy has said. He added that a committee was formed to visually inspect the safety of 54 roads across the nation. "The committee started working ....

  • 50 vessels transit Suez Canal

    50 vessels transit Suez Canal

    Date: 2014-11-09 13:22:56 GMT - Egypt - Economy - SN:39 - ID:1297581

    Fifty vessels transited the Suez Canal on Sunday, carrying a total cargo of 2.515 million tons. The south-bound convoy included 28 vessels with a combined cargo of 1.313 million tons while the north-bound convoy included 22 ships, carrying 1.202 ....

  • Egypt, France discuss bolstering economic cooperation, joint investment

    Egypt, France discuss bolstering economic cooperation, joint investment

    Date: 2014-11-09 11:45:38 GMT - Egypt - Economy - SN:33 - ID:1296609

    Minister of Industry Mounir Fakhry Abdel-Nour conferred on Sunday with new French ambassador to Egypt Andre Baran on means of bolstering economic, trade cooperation and upping joint investments in the coming phase. During the meeting, the two ....

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