Economy

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  • Category : Economy
  • EGX gains EGP 3.7 bln

    EGX gains EGP 3.7 bln

    Date: 2014-11-04 13:50:23 GMT - Egypt - Economy - SN:39 - ID:1263937

    The Egyptian Exchange indexes were all up at the close of Tuesday’s trading session backed by purchases by foreign investors. The market capital achieved gains worth EGP 3.7 billion to reach EGP 512.5 billion after transactions hit EGP 1.5 ....

  • BP to pump $240 million for exploration in Egypt

    BP to pump $240 million for exploration in Egypt

    Date: 2014-11-04 13:27:40 GMT - Egypt - Economy - SN:30 - ID:1263689

    British Petroleum (BP) announced that it will pump 240 million dollars to expand exploration in Egypt during the coming period. The British oil giant was awarded, several months ago, the global tender put forward by Egypt for search and ....

  • Egypt-Italy alliance for establishing global logistics center: min.

    Egypt-Italy alliance for establishing global logistics center: min.

    Date: 2014-11-04 12:07:56 GMT - Egypt - Economy - SN:13 - ID:1262921

    Minister of Supply and Internal Trade Khaled Hanafy said on Tuesday that Italy submitted a proposal to establish Logistics areas for collecting and preserving grains, vegetables and fruits. This would contribute to putting up large quantities of ....

  • Fertilizers are available : Assiut gov.

    Fertilizers are available : Assiut gov.

    Date: 2014-11-03 10:56:41 GMT - Egypt - Economy - SN:35 - ID:1254857

    Assiut Governor General Ibrahim Hamad said subsidized agricultural fertilizers are available in all Agricultural cooperatives in villages for the winter season crops. Hamad denied there was any shortage in fertilizers, saying he gave necessary ....

  • IMF, WB ask to organize int'l economic conference in 2018 in Egypt

    IMF, WB ask to organize int'l economic conference in 2018 in Egypt

    Date: 2014-11-02 12:39:28 GMT - Egypt - Economy - SN:36 - ID:1248937

    The International Monetary Fund (IMF) and the World Bank (WB) called for organizing an annual conference for global economy in Egypt in 2018, said chairman of Egypt Expo & Convention Authority (EECA) Khaled Shehata. The international bodies ....

  • Egyptian, Ethiopian trade, industry ministers to attend business forum

    Egyptian, Ethiopian trade, industry ministers to attend business forum

    Date: 2014-11-01 11:12:29 GMT - Ethiopia - Economy - SN:30 - ID:1242189

    Egyptian Trade and Industry Minister Mounir Fakhri Abdel-Nour along with the Ethiopian trade and industry ministers will attend today the Egyptian-Ethiopian business forum, which will be held on the sidelines of the fifth session of the joint ....

  • Tourist flow hits record high over past 6 months -- Minister

    Tourist flow hits record high over past 6 months -- Minister

    Date: 2014-10-31 15:27:05 GMT - Egypt - Economy - SN:12 - ID:1238401

    Tourist flow to Egypt has increased tangibly over the past six months, according to the Minister of Tourism, Hisham Zaazou. Zaazou said the incoming tourism increased by 193.5 percent in September on the same month last year. Flow rates for ....

  • Labib directs to resolve Halayeb and Shalateen problems

    Labib directs to resolve Halayeb and Shalateen problems

    Date: 2014-10-31 15:14:56 GMT - Egypt - Economy - SN:10 - ID:1238353

    Minister of Local Development Adel Labib has ordered Red Sea governor Ahmed Abdullah to act to solve all problems facing residents of Halayeb and Shalateen in the south of Egypt. In press statements on Friday, Labib said he directed to resolve ....

  • Cabinet offers 425-million-pound aid to cotton growers

    Cabinet offers 425-million-pound aid to cotton growers

    Date: 2014-10-29 18:31:10 GMT - Egypt - Economy - SN:42 - ID:1227585

    The Cabinet, under Prime Minister Ibrahim Mahlab, decided on Wednesday to offer 425-million-pound aid to cotton growers. The Agriculture and Industry ministers will develop a mechanism to ensure the aid is given to the eligible farmers. ....

  • Cabinet forms committee to restore looted state land

    Cabinet forms committee to restore looted state land

    Date: 2014-10-29 16:03:09 GMT - Egypt - Economy - SN:30 - ID:1226369

    Prime Minister Ibrahim Mahlab formed on Wednesday a ministerial committee to restore looted state-owned land. The committee will be made up of the ministries of Justice, Housing, Local Development and Transitional Justice along with the executive ....

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