Economy
- Service : English
- Category : Economy
-
28.2% rise in treatment at state's expense in Nov: IDSC
Date: 2014-12-15 09:01:25 GMT - Egypt - Economy - SN:16 - ID:1539825
Treatment at the state expense in Egypt increased by 28.2% in November reaching to 327.8 million pounds in comparison to 255.6 million pounds in October, Information and Decision Support Center (IDSC) said in a social and economic report. The ....
-
EFSA successfully solves 90% of investors' problems -- Official
Date: 2014-12-15 08:51:48 GMT - Egypt - Economy - SN:9 - ID:1539381
The Egyptian Financial Supervisory Authority has in one year managed to solve more than 90 percent of pending problems of investors, especially those involving the capital market, EFSA vice chairman Khaled el-Nashar has said. EFSA has submitted ....
-
Egypt bourse plagued by 4th largest ever loss
Date: 2014-12-14 19:10:28 GMT - Egypt - Economy - SN:43 - ID:1537749
The Egyptian Exchange closed on Sunday with heavy losses amounting to EGP 21.3 billion, the fourth largest daily loss in its history and second in two years, due to random and intensive share sales by local and foreign investment funds and Arab ....
-
EFSA: Major Arab, Foreign companies set to invest in insurance market
Date: 2014-12-14 19:07:35 GMT - Egypt - Economy - SN:41 - ID:1537733
Head of the Egyptian Financial Supervisory Agency (EFSA) Sherif Samy unveiled on Sunday that the EFSA received many requests from major global and Arab Gulf companies to invest in the Egyptian insurance market. They took that step to make good ....
-
Direct-order land allocation law to be approved within 2 weeks - minister
Date: 2014-12-14 12:29:45 GMT - Egypt - Economy - SN:18 - ID:1533077
Within two weeks, the Egyptian presidency will approve a law allowing the Industrial Development Authority (IDA) to allocate industrial lands through direct order as part of government efforts to speed up licensing procedures, said Investment ....
-
IDSC: Egypt's natural gas exports drop 77.71 percent in October
Date: 2014-12-14 12:25:00 GMT - Egypt - Economy - SN:29 - ID:1534873
Egyptian natural gas exports saw a 77.71% drop to dlrs 25.6 million in October 2014, down from dlrs 115 million in the corresponding month a year earlier, according to a report by the cabinet information and decision support center ....
-
Agriculture min. asserts importance of using flood water for agriculture
Date: 2014-12-14 11:12:32 GMT - Egypt - Economy - SN:26 - ID:1534157
Minister of Agriculture and Land Reclamation Adel el-Beltagui asserted the importance of benefiting from the torrential rain water for agricultural purposes. This came during a meeting Sunday with Minister of Local Development Adel Labib on ....
-
Industry minister: Gov't keen on luring investments in automobile industry
Date: 2014-12-14 10:26:35 GMT - Egypt - Economy - SN:22 - ID:1533589
Minister of Industry and Trade Munir Fakhri Abdel Nour asserted that the government is keen on providing incentives to lure investments into the automobile industry to produce 100,000 cars per year to compete with the European market that will enjoy ....
-
Bourse loses 8.5 billion pounds
Date: 2014-12-14 09:22:52 GMT - Egypt - Economy - SN:15 - ID:1532837
The Egyptian Exchange began trading this week with losses amounting to EGP 8.5 billion pounds prompted by a sharp decline in Arab and world money markets. The capital market declined to EGP 499.5 billion. The bourse administration was forced ....
-
4 coop. agreements signed to train 13,000 employees
Date: 2014-12-11 20:05:17 GMT - Egypt - Economy - SN:30 - ID:1520393
Investment Minister Ashraf Salman attended the signing ceremony of four cooperation agreements between the National Company For Construction & Development (NCCD) and each of the German Arab Chamber of Industry and Commerce (GACIC) and the Center for ....