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Economy
- Service : English
- Category : Economy
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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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New investment law to be issued by end of October - GAFI chief
Date: 2014-09-15 09:55:49 GMT - Egypt - Economy - SN:24 - ID:942225
The new investment law will be issued by the end of October, said Chairman of the General Authority for Investment (GAFI) Hassan Fahmy. The law will not wait for the House of Representatives to be formed, as it is important it is issued as soon ....
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Int'l report: Egypt's economic, social standards improved significantly
Date: 2014-09-15 07:34:27 GMT - United Nations - Economy - SN:13 - ID:940901
Over the past three decades, Egypt’s economic and social indicators have improved significantly, and its Human Development Index ranking increased by almost 50 per cent, moving it from the low to medium development group (120 out of 177 countries), ....
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Bourse indexes show varied performance
Date: 2014-09-14 13:42:08 GMT - Egypt - Economy - SN:26 - ID:937245
The Egyptian Stock Exchange (EGX) indexes showed varied performance at the close of Sunday's trading. The capital market reached about 516.4 billion dollars, amid transactions which hit 508.4 million pounds. The benchmark index EGX 30 ....
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Abdel-Nour seeks sale of more Egyptian products in Moscow
Date: 2014-09-14 12:28:50 GMT - Egypt - Economy - SN:24 - ID:936601
Industry and Trade Minister Mounir Fakhri Abdel-Nour assigned the embassy's trade office in Moscow to study the establishment of shopping malls to display Egyptian products. During a visit of a shopping center selling Egyptian carpets during his ....
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Final report on feasibility of linking Congo River to the Nile to be finished in 2 weeks -- minister
Date: 2014-09-14 12:14:30 GMT - Egypt - Economy - SN:20 - ID:936489
A final report on the feasibility of linking the Congo River to the Nile will be complete within two weeks, the minister of water resources and irrigation Hossam el-Moghazi said. Its conclusions on the economic and legal aspects of the project ....
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EGX chief posts U.S. investors on measures to improve economic ops
Date: 2014-09-14 10:58:09 GMT - Egypt - Economy - SN:15 - ID:935721
Egyptian Stock Exchange (EGX) Chairman Mohamad Omran has held several meetings with U.S. investors on the sidelines of his current tour of the U.S. on the government efforts to improve the investment environment in Egypt. In a statement, EGX said ....
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Egypt's irrigation minister to visit Ethiopia's Renaissance Dam
Date: 2014-09-14 09:03:57 GMT - Egypt - Economy - SN:10 - ID:934549
Minister of Irrigation and Water Resources Hossam Moghazi has said he will pay a visit to the Renaissance Dam during a three-day visit to Ethiopia starting on Saturday. In statements in Alexandria on the sidelines of a water forum organized by ....
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Supply ministry signs memo of coop. with Emirati company to establish new silos
Date: 2014-09-13 15:25:57 GMT - Egypt - Economy - SN:37 - ID:931701
Minister of Supply Khalid Hanafy signed a memorandum of cooperation Saturday with chairman of UAE Swedan trading group Sheikh Ahmed Salim Swedan to establish new silos and railway tracks. The new agreement is part of a plan to turn Egypt to an ....
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Industry minister meets Russian counterpart
Date: 2014-09-13 15:22:46 GMT - Egypt - Economy - SN:36 - ID:931677
Industry Minister Mounir Fakhry Abdel-Nour held a meeting with his Russian counterpart Denis Manturov in Moscow. "The atmosphere is now favorable for boosting bilateral economic cooperation," Abdel-Nour said following the meeting. The meeting ....
