Economy

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  • Category : Economy
  • US's Bechtel offers financing Egypt's national projects with soft conditions

    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 ....

  • Moody's raising of Egypt's outlook 'positive': min.

    Moody's raising of Egypt's outlook 'positive': min.

    Date: 2014-10-21 18:49:05 GMT - Egypt - Economy - SN:87 - ID:1173001

    Finance Minister Hani Qadri Demian said Tuesday Moody's decision to raise Egypt's outlook from negative to stable was a positive step towards improving the country's status on the international investments' map. However, Demian said in a ....

  • India amb. confers with Menia governor on metallurgical investments

    India amb. confers with Menia governor on metallurgical investments

    Date: 2014-10-21 17:56:54 GMT - Egypt - Economy - SN:79 - ID:1172789

    Indian Ambassador to Egypt Navdeep Suri conferred with Menia Governor Salah Ziada and representatives of chambers of commerce in Menia on opportunities to expand economic cooperation and attract Indian investments especially into the metallurgical ....

  • Egypt purchases 180,000 tons of wheat

    Egypt purchases 180,000 tons of wheat

    Date: 2014-10-21 17:30:22 GMT - Egypt - Economy - SN:77 - ID:1172537

    The Ministry of Supply and Internal Trade has purchased 180,000 tons of wheat from France, Romania and Russia to produce subsidized bread through an international tender. The average price of wheat hits $255.16 per ton. The shipments will ....

  • IDSC develops study for investment obstacles, opportunities in Egypt

    IDSC develops study for investment obstacles, opportunities in Egypt

    Date: 2014-10-21 17:07:11 GMT - Egypt - Economy - SN:71 - ID:1172389

    Head of the Cabinet's Information and Decision Support Center (IDSC) Sherif Badr said Tuesday the center has recently developed a study on all the investment obstacles and business opportunities in Egypt. Badr told MENA the study was presented to ....

  • Egypt, Kazakhstan agree to facilitate trade exchange - Minister

    Egypt, Kazakhstan agree to facilitate trade exchange - Minister

    Date: 2014-10-21 17:05:05 GMT - Egypt - Economy - SN:70 - ID:1172377

    Egypt's Minister of Industry, Trade and Small- and Medium-sized Enterprises Mounir Fakhri Abdel Nour said Tuesday Egypt and Kazakhstan agreed to open new horizons in trade and economic relations through expanding of the volume of trade ....

  • Deal on exchange of agricultural risks signed

    Deal on exchange of agricultural risks signed

    Date: 2014-10-21 16:49:22 GMT - Egypt - Economy - SN:67 - ID:1172273

    Agriculture Minister Adel el-Beltagi signed on Tuesday a deal over the exchange of agricultural risks. Both the European Union and the French Agency for Development are funding the project. An Agriculture Ministry official said the agreement ....

  • 51 vessels transit Suez Canal

    51 vessels transit Suez Canal

    Date: 2014-10-21 14:28:07 GMT - Egypt - Economy - SN:42 - ID:1171173

    Fifty-one ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.471 million tons. The south-bound convoy included 30 vessels, carrying 1.516 million tons, while the north-bound convoy included 21 ships, carrying 955,000 tons. ....

  • EGX gains 4.2bln pounds, index up 1.15 percent

    EGX gains 4.2bln pounds, index up 1.15 percent

    Date: 2014-10-21 14:24:05 GMT - Egypt - Economy - SN:40 - ID:1171125

    The Egyptian Exchange made gains at the end of Tuesday's trading session backed by purchases by Arab and foreign institutions and investment funds. The market capital achieved gains worth 4.2 billion pounds to reach 489.9 billion pounds after ....

  • Int'l cooperation minister sees Egypt upgraded economic outlook as sign of success

    Int'l cooperation minister sees Egypt upgraded economic outlook as sign of success

    Date: 2014-10-21 14:22:25 GMT - Egypt - Economy - SN:39 - ID:1171105

    International Cooperation Minister Naglaa el-Ahwani has said that upgrading Egypt's outlook from negative to stable is a sign the economic reform program is successful. Moody's Monday raised Egypt's outlook to stable due to improved political ....

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