Economy
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- Category : Economy
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50 vessels transit Suez Canal
Date: 2014-10-27 16:31:12 GMT - Egypt - Economy - SN:69 - ID:1212109
Fifty ships transited the Suez Canal on Monday, carrying a total cargo of 2.474 million tons. The south-bound convoy included 30 vessels, while the north-bound convoy included 20 ships. ....
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Investment minister discusses WB report on Egyptian economy
Date: 2014-10-27 13:25:53 GMT - Egypt - Economy - SN:50 - ID:1210209
Investment Minister Ashraf Salman opened Monday the proceedings of the World Bank (WB) conference, which will discuss the report of the WB group on the Egyptian economy. The conference, attended by representatives of the Investment Ministry, a ....
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IMF says Mid-East, North Africa Face poor growth
Date: 2014-10-27 10:31:43 GMT - USA - Economy - SN:36 - ID:1208217
The Middle East and North Africa is set for another year of poor economic growth, weighed down by conflict in Iraq, Syria and Libya and beset by sky-high unemployment coupled with lower oil prices, according to the International Monetary ....
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Tourism movement not affected by Sinai terror attack - minister
Date: 2014-10-26 15:06:27 GMT - Egypt - Economy - SN:36 - ID:1203925
The tourism movement in archeological sites and museums was not affected by Sinai terrorist attack, which took place on Friday and claimed the lives of at least 31 soldiers and injured dozens, said Antiquities Minister Mamdouh el-Damaty. He, ....
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Egypt industry min. to visit Ethiopia next week
Date: 2014-10-26 14:15:42 GMT - Egypt - Economy - SN:34 - ID:1203553
Industry and Trade Minister Mounir Fakhri Abdel-Nour will lead a business delegation to Ethiopia next week to participate in the Egyptian-Ethiopian business forum. The delegation will comprise 50 Egyptian companies and a number of businessmen and ....
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Bourse indices slightly up at early tradings
Date: 2014-10-26 09:30:45 GMT - Egypt - Economy - SN:19 - ID:1201449
The Egyptian Exchange (EGX) on Sunday showed mixed levels of performance at the onset of the week amid purchases from Arab and foreign investors in return for selling from local investors, neglecting expectations of recession after the terror ....
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3 giant projects to be launched in Feb. with cost of 55 billion pounds
Date: 2014-10-25 17:46:54 GMT - Egypt - Economy - SN:35 - ID:1198729
The Ministry of Supply and Interior Trade will launch three giant projects in February during an international economic conference with the cost of 55 billion pounds, Minister of Supply and Interior Trade Khaled Hanafi said. The feasibility ....
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Trial operation of 2nd unit of Ain Sokhna power plant Thursday: Electricity min.
Date: 2014-10-23 11:43:02 GMT - Egypt - Economy - SN:7 - ID:1183709
Egypt's Electricity Minister Mohamed Shaker said the trial operation of the second unit of 650 megawatt Ain Sokhna power plant on Thursday. Shaker added that the move comes within a huge project that includes 19 operations at a cost of 9.1 ....
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62 ships cross Suez Canal
Date: 2014-10-22 12:57:49 GMT - Egypt - Economy - SN:44 - ID:1177209
Sixty-two ships crossed the Suez Canal on Wednesday, carrying a combined cargo of 3.515 million tons. The south-bound convoy included 30 ships, the biggest of which was a Panamanian container ship which carries a cargo of 157,000 tons and is ....
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US's Bechtel offers financing Egypt's national projects with soft conditions
Date: 2014-10-22 11:15:36 GMT - Egypt - Economy - SN:36 - ID:1176205
Supply and Internal Trade Minister Dr Khalef Hefny conferred on Wednesday with chairman of the US Bechtel Corporation Brian Hans who offered that his foundation finances any national projects in Egypt with soft financial loans. In statements on ....