Economy

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  • Category : Economy
  • WB: Palestinian economy in decline, unemployment rising to alarming levels

    WB: Palestinian economy in decline, unemployment rising to alarming levels

    Date: 2014-09-16 10:13:49 GMT - palestine - Economy - SN:27 - ID:949649

    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 report on the state of the ....

  • Amr Moussa upbeat over Egypt's economic future

    Amr Moussa upbeat over Egypt's economic future

    Date: 2014-09-16 09:53:35 GMT - Egypt - Economy - SN:24 - ID:949381

    Former Arab League secretary general Amr Moussa was upbeat over Egypt's economic future. In statements to MENA on the fringe of his participation in the Euromoney Conference, Moussa said there is now more stability that could enhance the ....

  • Revenues from selling Suez Canal investment certificates hit EGP 60 bln -- CBE chief

    Revenues from selling Suez Canal investment certificates hit EGP 60 bln -- CBE chief

    Date: 2014-09-15 18:01:35 GMT - Egypt - Economy - SN:67 - ID:946177

    The EGP 600-billion-target revenues from selling the new Suez Canal project's investment certificates has been met, the Central Bank of Egypt chief has said. The state television quoted Hisham Ramez as making the announcement in breaking ....

  • Proceeds of Suez Canal's investment certificates reach EGP 58 bln

    Proceeds of Suez Canal's investment certificates reach EGP 58 bln

    Date: 2014-09-15 18:01:04 GMT - Egypt - Economy - SN:66 - ID:946173

    Governor of the Central Bank of Egypt Hisham Ramez announced Monday that the proceeds of selling the Suez Canal's investment certificates reached 58 billion pounds. Ramez told MENA that the bank is working to reach the targeted sum, which is 60 ....

  • Outcome of Suez Canal's investment certificates reaches EGP 55 bln

    Outcome of Suez Canal's investment certificates reaches EGP 55 bln

    Date: 2014-09-15 15:02:27 GMT - Egypt - Economy - SN:55 - ID:945093

    Governor of Central Bank of Egypt Hisham Ramez announced Monday the outcome of selling Suez Canal's investment certificates reached 55 billion pounds. Ramez told MENA that there was unprecedented turnout by citizens to buy the certificates from ....

  • 45 vessels cross Suez Canal

    45 vessels cross Suez Canal

    Date: 2014-09-15 13:01:38 GMT - Egypt - Economy - SN:49 - ID:943921

    Forty-five vessels transited the Suez Canal on Monday, carrying a total cargo of 2.5 million tons. The south-bound convoy included 16 ships, carrying around one million tons, while the north-bound convoy included 29 vessels with a cargo of 1.5 ....

  • Egypt depends on investment certificates to finance new Suez Canal due to national considerations - Financial Supervision

    Egypt depends on investment certificates to finance new Suez Canal due to national considerations - Financial Supervision

    Date: 2014-09-15 12:34:23 GMT - Egypt - Economy - SN:43 - ID:943677

    Chairman of the Financial Supervision Authority (FSA) Sherif Samy said Monday the Egyptian government decided to depend on investment certificates to finance the new Suez Canal project due to national security considerations. During Almal GTM ....

  • Renewable energy tariff to be announced in October - Minister

    Renewable energy tariff to be announced in October - Minister

    Date: 2014-09-15 12:31:42 GMT - Egypt - Economy - SN:42 - ID:943221

    Egypt's Investment Minister Ashraf Salman Said Monday the renewable energy tariff is scheduled to announced in October. During Almal GTM Conference, the minister added the government will start using solar energy, then the wind, traditional ....

  • Minister opens Egypt pavilion at world food exhibition in Russia

    Minister opens Egypt pavilion at world food exhibition in Russia

    Date: 2014-09-15 10:33:42 GMT - Russia - Economy - SN:34 - ID:942549

    Minister of Trade, Industry and Small and Medium-sized Enterprises Mounir Fakhry Abdel Nour opened on Monday an Egyptian pavilion at the World Food Moscow Exhibition. Addressing the event in which 64 Egyptian companies are taking part, he ....

  • Red Sea hotel, resorts occupancy hits 79%

    Red Sea hotel, resorts occupancy hits 79%

    Date: 2014-09-15 10:16:47 GMT - Egypt - Economy - SN:30 - ID:942417

    Red Sea hotel occupancy rates have climbed to 79 percent during the first half of September. A statement released by the Red Sea Governorate's City Hall Tourism Administration said the number of tourist nights in the Red Sea governorate reached ....

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