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Economy
- Service : English
- Category : Economy
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Govt supports serious German tour operators - minister
Date: 2014-11-29 13:29:10 GMT - Egypt - Economy - SN:51 - ID:1436557
The government supports serious German tour operators, said Tourism Minister Hisham Zaazou. The minister made the remark during a press conference held on Saturday on board the tourism boat "Berlin" in the presence of Red Sea Governor Ahmed ....
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Egypt pays back $2.5 bln of Qatari deposit - CBE official
Date: 2014-11-29 07:33:31 GMT - Egypt - Economy - SN:16 - ID:1434089
The Central Bank of Egypt (CBE) on Friday paid back $2.5 billion of the Qatari deposit. A CBE official told MENA that $500 million unpaid deposit is scheduled to be paid back in the second half of 2015. Cash reserve of foreign currency was not ....
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Bourse indexes show mixed performance last week
Date: 2014-11-28 10:12:29 GMT - Egypt - Economy - SN:8 - ID:1429029
The Egyptian Exchange closed last week with losses amounting to EGP 1 billion and its indexes showed mixed performance. The capital market declined 0.2 percent to hit EGP 524 billion. During the course of the week, the benchmark index EGX 30 ....
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CBE keeps interest rate unchanged
Date: 2014-11-27 16:27:40 GMT - Egypt - Economy - SN:29 - ID:1425657
The Monetary Policy Committee at the Central Bank of Egypt (CBE) has kept the overnight interest rate unchanged. The rate is kept at 9.25 per cent for deposit and 10.25 percent for lending, the CBE said in a statement on Thursday. ....
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Supply min. sheds light on Damietta grain project
Date: 2014-11-27 16:22:38 GMT - France - Economy - SN:27 - ID:1425637
Visiting Egyptian Supply Minister Khaled Hanafy said he expounded on the Damietta project, which aims to turn Egypt into an international logistic hot spot for the trade of grains, at a meeting of the Egyptian French Presidential Business ....
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130 mil cubic meters dug at New Suez Canal
Date: 2014-11-27 16:21:42 GMT - Egypt - Economy - SN:26 - ID:1425633
Head of the Armed Forces' Engineering Authority Kamel el-Wazir said on Thursday that 130 million cubic meters have been dug at the newly-launched Suez Canal project so far. He added that 82 companies and 21, 000 workers have been working on the ....
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Pan-Arab tourism challenges discussed at Arab tourism ministers meet: Zaazou
Date: 2014-11-27 16:18:57 GMT - Egypt - Economy - SN:24 - ID:1425617
Minister of Tourism Hisham Zaazou has said there are several challenges to pan-Arab tourism topped by pre-entry visas and security threats. During his participation at the Council of Arab Tourism Ministers' meeting at Arab League HQ in Cairo on ....
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Egypt bourse continues upward trend, gains EGP 2.4bn
Date: 2014-11-27 16:18:08 GMT - Egypt - Economy - SN:23 - ID:1425609
The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday's trading, backed by intensive purchases by local and foreign investment funds. The market capital achieved gains worth 2.4 billion pounds to reach 524.02 billion ....
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Agriculture minister to visit Italy Thursday
Date: 2014-11-26 17:39:49 GMT - Egypt - Economy - SN:53 - ID:1418381
Agriculture minister Adel el-Beltagy will visit Italy on Thursday for a regional conference. The Euros Mediterranean gathering will be held on November 27 and 28 in the Italian city of Palermo. The conference will discuss regional ....
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EGX gains EGP 5.4bln, all indexes up
Date: 2014-11-26 17:20:06 GMT - Egypt - Economy - SN:49 - ID:1418197
The Egyptian Exchange indexes were all up at the close of Wednesday’s trading session backed by purchases by foreign and local investment funds and institutions after the government beefed up measures to secure facilities and squares on November 28. ....
