Economy

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  • Petroleum minister says $ 2bn deals signed since 2013

    Petroleum minister says $ 2bn deals signed since 2013

    Date: 2014-11-10 07:59:59 GMT - Egypt - Economy - SN:9 - ID:1301209

    Sherif Ismail, the Minister of Petroleum and Mineral Resources, said on Sunday 36 agreements have been signed since 2013 at investments worth two billion dollars. He said 20 new agreements will be signed with investments of 1.2 billion ....

  • Egypt road network upgraded - Min.

    Egypt road network upgraded - Min.

    Date: 2014-11-09 16:21:32 GMT - Egypt - Economy - SN:42 - ID:1298889

    Efforts are underway to upgrade the network of Egypt's roads, Transportation Minister Hany Dahy has said. He added that a committee was formed to visually inspect the safety of 54 roads across the nation. "The committee started working ....

  • 50 vessels transit Suez Canal

    50 vessels transit Suez Canal

    Date: 2014-11-09 13:22:56 GMT - Egypt - Economy - SN:39 - ID:1297581

    Fifty vessels transited the Suez Canal on Sunday, carrying a total cargo of 2.515 million tons. The south-bound convoy included 28 vessels with a combined cargo of 1.313 million tons while the north-bound convoy included 22 ships, carrying 1.202 ....

  • Egypt, France discuss bolstering economic cooperation, joint investment

    Egypt, France discuss bolstering economic cooperation, joint investment

    Date: 2014-11-09 11:45:38 GMT - Egypt - Economy - SN:33 - ID:1296609

    Minister of Industry Mounir Fakhry Abdel-Nour conferred on Sunday with new French ambassador to Egypt Andre Baran on means of bolstering economic, trade cooperation and upping joint investments in the coming phase. During the meeting, the two ....

  • Egypt, Slovenia to establish investment alliance in national projects

    Egypt, Slovenia to establish investment alliance in national projects

    Date: 2014-11-09 10:05:25 GMT - Egypt - Economy - SN:17 - ID:1295617

    Minister of Supply and Internal Trade Dr Khaled Hefni said an Egyptian-Slovenian alliance has been established to set up hi-tech storage centers for grains at a low cost. In statements after meeting with Slovenian Ambassador in Cairo Tanja ....

  • Trade, industry minister to attend Ethiopia-hosted conf. in December

    Trade, industry minister to attend Ethiopia-hosted conf. in December

    Date: 2014-11-08 10:18:30 GMT - Egypt - Economy - SN:36 - ID:1289453

    Trade and Industry Minister Mounir Fakhry Abdel-Nour will take part in the Conference of African Union Ministers of Trade, which will be held in Addis Ababa on December 3 until December 5. The Egyptian minister is scheduled to deliver a speech ....

  • Bourse makes profits in first week of Nov.

    Bourse makes profits in first week of Nov.

    Date: 2014-11-07 06:59:29 GMT - Egypt - Economy - SN:1 - ID:1282945

    The Egyptian Exchange indexes closed up in the first week of November and the market capital gained EGP 15.3 billion to hit EGP 519.5 billion or 3 percent higher than the week before. During the course of the week, the benchmark index EGX 30 ....

  • Bourse indexes down

    Bourse indexes down

    Date: 2014-11-06 15:25:53 GMT - Egypt - Economy - SN:28 - ID:1280677

    The Egyptian Exchange (EGX) indexes went all down on Thursday for the second consecutive session affected by investors' concerns over the terror blast that hit the country last night. The market capital hit EGP 519.5 billion after transactions ....

  • Minister: EBRD to approve Egypt as operations' state

    Minister: EBRD to approve Egypt as operations' state

    Date: 2014-11-05 16:30:33 GMT - Egypt - Economy - SN:66 - ID:1273201

    The board of directors of the European Bank for Reconstruction and Development (EBRD) is expected to approve Egypt during the coming year as fully operations' state due to its growing investments in Egypt, Egypt's International Cooperation Minister ....

  • Transforming processed waste water into economic project

    Transforming processed waste water into economic project "strategic goal" – Governor

    Date: 2014-11-05 15:45:14 GMT - Egypt - Economy - SN:62 - ID:1272849

    New Valley Governor Mahmoud Ashmawy said on Wednesday that transforming the processed waste water into an economic project is a strategic goal meant to serve sustainable environmental development. In press statements to MENA, the governor said ....

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