Economy

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  • Category : Economy
  • Bourse indices down

    Bourse indices down

    Date: 2014-10-16 10:00:09 GMT - Egypt - Economy - SN:17 - ID:1136609

    Egypt bourse indices went down at the beginning of Thursday trading over sale by local institutions and foreign investment funds. The capital market lost about 5.2 billion pounds to hit 493.7 billion pounds. The benchmark index EGX 30 ....

  • Beltagi calls for protecting agricultural lands

    Beltagi calls for protecting agricultural lands

    Date: 2014-10-15 17:40:46 GMT - Egypt - Economy - SN:56 - ID:1133345

    Minister of agriculture and land reclamation Adel el-Beltagui met Wednesday with a delegation of "Who loves Egypt" campaign to discuss means of protecting agricultural lands. A source at the Ministry of Agriculture said the meeting is part of ....

  • Egypt optimistic about Ethiopia dam talks in Cairo -- minister

    Egypt optimistic about Ethiopia dam talks in Cairo -- minister

    Date: 2014-10-15 17:00:30 GMT - Egypt - Economy - SN:50 - ID:1133041

    Irrigation Minister Hossam Moghazi expressed optimism Wednesday about the outcome of the new round of talks between Egypt, Sudan and Ethiopia on the Ethiopian renaissance dam. Moghazi voiced hope the talks might reach an agreement on selecting a ....

  • Abdel-Nor: establishment of logistic zones linking Egypt with Africa, Asia

    Abdel-Nor: establishment of logistic zones linking Egypt with Africa, Asia

    Date: 2014-10-15 16:57:28 GMT - Egypt - Economy - SN:49 - ID:1133009

    Minister of Industry, Trade and Small and Medium Industries Monir Fakhri Abdel-Nor announced Wednesday that his ministry seeks to carry out an economic strategy backing the small and medium projects and working to establish logistic zones linking ....

  • Investment minister meets Iraqi governor over bilateral cooperation

    Investment minister meets Iraqi governor over bilateral cooperation

    Date: 2014-10-15 15:14:50 GMT - Egypt - Economy - SN:43 - ID:1132277

    Investment Minister Ashraf Salman met on Wednesday with Diyawanyia Governor Ammar Habib in Cairo. They discussed bilateral cooperation in all fields, especially in the construction and infrastructure domain. Habib praised President Abdel ....

  • Tariffs on imported steel protect domestic industry -- official

    Tariffs on imported steel protect domestic industry -- official

    Date: 2014-10-15 07:26:21 GMT - Egypt - Economy - SN:2 - ID:1127937

    Head of the Federation of Egyptian Industries (FEI) Mohamed Al Suwaidi said on Tuesday that Egypt's decision to impose temporary protection tariffs on imported steel would protect domestic manufacturers. Industry Minister Monir Fakhry Abdel Nour ....

  • Zazou: Egyptian tourism is reviving

    Zazou: Egyptian tourism is reviving

    Date: 2014-10-14 14:35:02 GMT - Egypt - Economy - SN:49 - ID:1124597

    Minister of Tourism Hisham Zazou on Tuesday said that Egyptian tourism is reviving. At a meeting with a British MPs delegation, now visiting here, he added that the winter season will see more tourists coming to Egypt given political and security ....

  • Egypt working on bankruptcy law -- Minister

    Egypt working on bankruptcy law -- Minister

    Date: 2014-10-14 14:30:46 GMT - Egypt - Economy - SN:47 - ID:1124529

    Egypt is now working on its own bankruptcy law which is meant to expand small- and medium-sized enterprises in the country. Mounir Fakhry Abdel-Nour, the Trade and Industry Minister, said Tuesday that activating this law would encourage owners of ....

  • Exchange maintains downward trend for third session running

    Exchange maintains downward trend for third session running

    Date: 2014-10-14 13:55:10 GMT - Egypt - Economy - SN:41 - ID:1124081

    The Egyptian Exchange (EGX) on Tuesday maintained its downward trend for the third session running on the backdrop of sluggish international money market performance. Capital market lost around nine billion pounds, bringing the total losses to 25 ....

  • Egypt foreign debt hits $46.1 bn in June - CBE

    Egypt foreign debt hits $46.1 bn in June - CBE

    Date: 2014-10-14 12:19:22 GMT - Egypt - Economy - SN:20 - ID:1122997

    Egypt's foreign debts increased by $2.9 billion to reach $46.1 billion in June 2014 compared to 43,2 billion dollars in June 2013, the Central Bank of Egypt (CBE) revealed on Tuesday. The external debt to the gross domestic product recorded 16.5% ....

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