Economy
- Service : English
- Category : Economy
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Studies underway on Dameitta grains hub -- minister
Date: 2014-11-03 10:00:56 GMT - Egypt - Economy - SN:25 - ID:1254245
Studies are underway on a project eyed to establish a work grains hub and a commercial city in Dameitta, Supply Minister Khaled Hanafi said. The project has been recently launched by President Abdel Fattah El Sisi. The grains hub will have ....
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IMF, WB ask to organize int'l economic conference in 2018 in Egypt
Date: 2014-11-02 12:39:28 GMT - Egypt - Economy - SN:36 - ID:1248937
The International Monetary Fund (IMF) and the World Bank (WB) called for organizing an annual conference for global economy in Egypt in 2018, said chairman of Egypt Expo & Convention Authority (EECA) Khaled Shehata. The international bodies ....
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Egyptian, Ethiopian trade, industry ministers to attend business forum
Date: 2014-11-01 11:12:29 GMT - Ethiopia - Economy - SN:30 - ID:1242189
Egyptian Trade and Industry Minister Mounir Fakhri Abdel-Nour along with the Ethiopian trade and industry ministers will attend today the Egyptian-Ethiopian business forum, which will be held on the sidelines of the fifth session of the joint ....
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Tourist flow hits record high over past 6 months -- Minister
Date: 2014-10-31 15:27:05 GMT - Egypt - Economy - SN:12 - ID:1238401
Tourist flow to Egypt has increased tangibly over the past six months, according to the Minister of Tourism, Hisham Zaazou. Zaazou said the incoming tourism increased by 193.5 percent in September on the same month last year. Flow rates for ....
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Labib directs to resolve Halayeb and Shalateen problems
Date: 2014-10-31 15:14:56 GMT - Egypt - Economy - SN:10 - ID:1238353
Minister of Local Development Adel Labib has ordered Red Sea governor Ahmed Abdullah to act to solve all problems facing residents of Halayeb and Shalateen in the south of Egypt. In press statements on Friday, Labib said he directed to resolve ....
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Losses plague Egyptian bourse in Oct.
Date: 2014-10-31 08:17:45 GMT - Egypt - Economy - SN:1 - ID:1235789
The Egyptian Exchange lost EGP 22 billion and its indexes were all down in October. The capital market declined to EGP 504.2 billion compared to EGP 526.2 or 4.2 percent less than September. During the course of the month, the benchmark index ....
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Cabinet offers 425-million-pound aid to cotton growers
Date: 2014-10-29 18:31:10 GMT - Egypt - Economy - SN:42 - ID:1227585
The Cabinet, under Prime Minister Ibrahim Mahlab, decided on Wednesday to offer 425-million-pound aid to cotton growers. The Agriculture and Industry ministers will develop a mechanism to ensure the aid is given to the eligible farmers. ....
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Cabinet forms committee to restore looted state land
Date: 2014-10-29 16:03:09 GMT - Egypt - Economy - SN:30 - ID:1226369
Prime Minister Ibrahim Mahlab formed on Wednesday a ministerial committee to restore looted state-owned land. The committee will be made up of the ministries of Justice, Housing, Local Development and Transitional Justice along with the executive ....
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EGX gains EGP 5.7bn
Date: 2014-10-29 15:49:26 GMT - Egypt - Economy - SN:28 - ID:1226173
The Egyptian Exchange (EGX) gained 5.7 billion pounds at the end of trading on Wednesday prompted by purchase operations by Arab and foreign investment funds. The benchmark index EGX 30 jumped 2.37 percent to 8,952.25 points. The broader EGX ....
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EGX gains EGP 3.3bn
Date: 2014-10-28 14:19:11 GMT - Egypt - Economy - SN:20 - ID:1218265
The Egyptian Exchange (EGX) gained 3.3 billion pounds at the end of trading on Tuesday prompted by purchase operations by investment funds and Arab investors. The benchmark index EGX 30 jumped 1.11 percent to 8,744.77 points. The broader EGX ....