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Economy
- Service : English
- Category : Economy
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Banks begin to disburse yields of Suez Canal certificates
Date: 2014-12-07 15:26:18 GMT - Egypt - Economy - SN:33 - ID:1489337
The National Bank of Egypt, Banque Misr, Banque du Caire and Suez Canal Bank started to pay out Sunday the first returns on Suez Canal investment certificates, which represent a total sum of 1.9 billion pounds, throughout eight days. In ....
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Abdel-Nour: Gov seeks to raise growth rate to 7%
Date: 2014-12-07 14:53:19 GMT - Egypt - Economy - SN:32 - ID:1489081
Minister of Trade and Industry Monir Fakhry Abdel-Nour said Sunday the government planed to raise the growth rate to 7% during the coming stage. During a meeting with a delegation of major U.S. companies operating in the fields of infrastructure, ....
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Water Resources Ministry, Bahgat Group sign protocol to clean Assiut canal
Date: 2014-12-07 14:50:39 GMT - Egypt - Economy - SN:31 - ID:1489053
Water Resources Minister Hossam Moghazi and Chairman of Bahgat Group, a business conglomerate, Ahmed Bahgat signed a protocol to clean up a canal in Assiut, Upper Egypt. The protocol is part of the ministry's initiative to involve the private ....
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Electricity min. flies to China
Date: 2014-12-07 13:12:56 GMT - Egypt - Economy - SN:24 - ID:1488245
Electricity Minister Mohamed Shaker left here on Sunday for China to discuss ways of bolstering bilateral relations in the energy field. Heading a high-profile delegation, Shaker will discuss with Chinese officials the possibility of increasing ....
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1st batch of New Suez Canal certificates inerest to be paid Sunday - CBE
Date: 2014-12-06 10:37:36 GMT - Egypt - Economy - SN:28 - ID:1480965
The first batch of Suez Canal investment certificate interest yields will be paid to certificate-holders as of Sunday, said a well-placed source in the Central Bank of Egypt. The certificates come with 12% interest rates, which is considered the ....
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Egypt bourse up, main index gains 1.28 pct
Date: 2014-12-03 17:41:00 GMT - Egypt - Economy - SN:54 - ID:1466145
Intensive purchases by foreign investors drove up the Egyptian Exchange (EGX) indices at the close of Wednesday's trading. The market capital gained about 3.8 billion pounds to hit 517.4 billion pounds, amid transactions which reached about 802 ....
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Minster of tourism visits US to boost tourist movement
Date: 2014-12-03 17:20:49 GMT - Egypt - Economy - SN:51 - ID:1466001
Tourism Minister Hisham Zazoua will visit the United States on Thursday as part of a plan to push Egyptian tourism industry back on track. The minister is expected to attend conference in Florida and meet with representatives of travel agencies ....
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Minister welcomes cabinet approval to amend irrigation law
Date: 2014-12-03 17:18:39 GMT - Egypt - Economy - SN:49 - ID:1465989
Water Resources and Irrigation Minister Hossam Moghazi welcomed the Cabinet's approval to amend irrigation law, which aims to toughen up penalties on encroachment on the Nile River. The amendment on the law was "necessary" to preserve the ....
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Minister: Administrative reform on top of government's priorities
Date: 2014-12-03 11:14:18 GMT - Egypt - Economy - SN:33 - ID:1462825
Minister of Planning and Administrative Reform Ashraf Salman said on Wednesday that the administrative reform comes on top of the government's priorities. In his speech at a workshop on the Egyptian quality day, he added that without ....
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40% of investors' problems solved - minister
Date: 2014-12-02 13:27:19 GMT - Egypt - Economy - SN:10 - ID:1456117
Minister of Investment Ashraf Salman said 40% of problems of investors have been solved as the state focuses on solving the majority of these problems before launching the international economic conference in Sharm el-Sheikh in March 2015. As for ....
