Economy

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  • Category : Economy
  • EGX indices up as trading hit 5.3 bln pounds

    EGX indices up as trading hit 5.3 bln pounds

    Date: 2014-09-18 15:00:29 GMT - Egypt - Economy - SN:29 - ID:965893

    The Egyptian Exchange made gains at the close of Thursday's trading backed by robust trading in shares of the housing and real state sectors. The market capital gained 5.3 billion pounds to reach 527.2 billion pounds after transactions hit 1 bln ....

  • Irrigation minister to head for Ethiopia Friday

    Irrigation minister to head for Ethiopia Friday

    Date: 2014-09-18 14:42:59 GMT - Egypt - Economy - SN:25 - ID:965777

    Water Resources and Irrigation Minister Hossam Moghazi along with his accompanying delegation will head for Ethiopia Friday to take part in proceedings of the national committee on Ethiopia's Renaissance Dam. The committee, which will start its ....

  • Increasing jobs in private sector best means to boost prosperity, growth in Egypt: WB

    Increasing jobs in private sector best means to boost prosperity, growth in Egypt: WB

    Date: 2014-09-18 11:30:59 GMT - Egypt - Economy - SN:14 - ID:963917

    Increasing jobs in the private sector is the best means to boost prosperity and growth in Egypt, according to a report of the World Bank under the rubric "priority in Egypt: providing more and better jobs". Egyptian youth need job opportunities, ....

  • Egypt-Belarus to form committee to study joint investment of tractors, says minister

    Egypt-Belarus to form committee to study joint investment of tractors, says minister

    Date: 2014-09-18 10:16:28 GMT - Egypt - Economy - SN:10 - ID:963193

    Minister of Industry and Trade Munir Fakhri Abdel Nour announced that a joint Egyptian-Belarusian committee has been formed to conduct economic studies on chances of establishing joint investments on manufacturing agricultural tractors. A ....

  • Cabinet approves new renewable energy tariff - Zaazou

    Cabinet approves new renewable energy tariff - Zaazou

    Date: 2014-09-17 14:14:03 GMT - Egypt - Economy - SN:52 - ID:958805

    The Cabinet approved during a meeting on Wednesday the new renewable energy tariff. Tourism Minister Hisham Zaazou made the remark during the closing session of Euromoney Egypt Conference. Zaazou attended the conference on behalf of Prime ....

  • Listed firms hit 239: Bourse head

    Listed firms hit 239: Bourse head

    Date: 2014-09-17 12:23:10 GMT - Egypt - Economy - SN:44 - ID:957857

    The head of the Egyptian Exchange said the companies listed on the Exchange reached 239, adding that three major companies have recently started investing in the bourse. Mohamed Omran added that the new listing process would be evaluated after a ....

  • WB seeking new framework for partnership with Egypt -- Country director

    WB seeking new framework for partnership with Egypt -- Country director

    Date: 2014-09-17 09:52:38 GMT - Egypt - Economy - SN:32 - ID:956413

    The World Bank is working on a new framework for partnership with Egypt, WB Country Director Hartwig Schafer has said. The new partnership is meant to achieve development priorities of Egyptians, Schafer said in a statement Wednesday. He put ....

  • Palestinian economy in decline, unemployment up to alarming levels

    Palestinian economy in decline, unemployment up to alarming levels

    Date: 2014-09-17 09:17:15 GMT - Egypt - Economy - SN:26 - ID:956109

    The recent conflict in Gaza will put further stress on an already struggling Palestinian economy with falling income per capita in 2013, projected to contract further by the end of 2014 according to the latest World Bank update on the state of the ....

  • Egypt, US discuss means of boosting economic ties

    Egypt, US discuss means of boosting economic ties

    Date: 2014-09-17 08:19:10 GMT - Egypt - Economy - SN:16 - ID:954789

    Supply Minister Khaled Hanafi has met with Ron Verdonk, Minister Plenipotentiary for Agricultural Affairs at the US embassy in Cairo, to discuss means of boosting Egyptian-American economic relations. Hanafi posted Verdonk on successful steps ....

  • EGX gains EGP 2.5bn

    EGX gains EGP 2.5bn

    Date: 2014-09-16 15:08:01 GMT - Egypt - Economy - SN:48 - ID:952045

    The Egyptian Exchange made gains at the close of Tuesday’s trading session backed by purchases by local funds and Arab investors. The market capital gained 2.5 billion pounds to reach 520.6 billion after transactions hit 584.7 million. The EGX ....

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