Economy

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  • Category : Economy
  • 53 ships transit Suez Canal

    53 ships transit Suez Canal

    Date: 2014-08-25 11:13:32 GMT - Egypt - Economy - SN:45 - ID:890302

    Fifty three ships transited the Suez Canal on Monday, carrying a total cargo of 2.5 million tons. The south-bound convoy included 28 ships, carrying 1.2 million tons, while the north-bound convoy included 25 ships, carrying 1.23 million tons. ....

  • Egypt Post gains EGP 150mn -- Minister

    Egypt Post gains EGP 150mn -- Minister

    Date: 2014-08-25 10:40:53 GMT - Egypt - Economy - SN:36 - ID:890237

    Egypt Post gained 150 million pounds during the 2013-2014 fiscal year, Communications Ministser Atef Helmi said Monday. Egypt Post has not achieved such surplus in 10 years, Helmi said. He made it clear that wages and allowances of workers at ....

  • Electricity min. reshuffles heads of power companies

    Electricity min. reshuffles heads of power companies

    Date: 2014-08-25 10:35:42 GMT - Egypt - Economy - SN:34 - ID:890219

    Electricity Minister Mohamed Shaker issued on Monday a decision reshuffling heads of 2 state-owned power companies and appointing new board members of two companies. The reshuffle covered Cairo Electricity Production Company and Upper Egypt ....

  • Bourse gains EGP 4.1 bn

    Bourse gains EGP 4.1 bn

    Date: 2014-08-24 13:35:02 GMT - Egypt - Economy - SN:37 - ID:889085

    The Egyptian Exchange made gains at the close of the week's first trading session on Sunday backed by wide purchases by local and foreign mutual funds and institutions of housing and contracting sector shares. The market capital achieved gains ....

  • Egyptian irrigation minister arrives in Khartoum for Ethiopia Dam talks

    Egyptian irrigation minister arrives in Khartoum for Ethiopia Dam talks

    Date: 2014-08-24 09:52:23 GMT - Sudan - Economy - SN:18 - ID:888558

    Egyptian Water Resources and Irrigation Minister Hossam Moghazi arrived here on Sunday to take part in the fourth round of negotiations with Sudan and Ethiopia on the controversial Renaissance Dam. Sudanese Water Resources Minister Moatez Moussa ....

  • New bread mechanism to be applied nationwide - minister

    New bread mechanism to be applied nationwide - minister

    Date: 2014-08-24 08:02:53 GMT - Egypt - Economy - SN:11 - ID:888371

    Supply and Internal Trade Minister Khaled Hanfi stressed on Sunday that the new subsidized-bread distribution mechanism, now applicable in Cairo and Canal governorates, will come into force across the nation. The new mechanism helps provide ....

  • Irrigation min. heads Egypt's delegation to 'Renaissance Dam' talks

    Irrigation min. heads Egypt's delegation to 'Renaissance Dam' talks

    Date: 2014-08-23 15:38:45 GMT - Egypt - Economy - SN:53 - ID:887754

    Water Resources and Irrigation Minister Hossam Moghazi will head on Sunday to the Sudanese capital of Khartoum to lead Egypt's delegation to the negotiations on the Ethiopian Renaissance Dam. The talks will be held on Monday and Tuesday in ....

  • Supply minister heads for US

    Supply minister heads for US

    Date: 2014-08-23 15:35:42 GMT - Egypt - Economy - SN:51 - ID:887749

    Egypt's Supply and Internal Trade Minister Khaled Hanfi will head for the US Sunday leading a high-level delegation on a three-day visit. The minister will meet US officials to discuss commodities exchange. The delegation groups representatives ....

  • Nile water level increases 9cm

    Nile water level increases 9cm

    Date: 2014-08-23 11:12:49 GMT - Egypt - Economy - SN:35 - ID:887299

    The Nile River water level increased on Saturday, recording 175.42 meters, nine centimeters more than Friday. Water released from the Aswan Dam reached 205 million cubic meters and the amount of water coming freshly to Lake Nasser reached 673 ....

  • PM calls tourism minister to follow up S. Sinai accident

    PM calls tourism minister to follow up S. Sinai accident

    Date: 2014-08-22 14:20:47 GMT - Egypt - Economy - SN:15 - ID:886249

    Prime Minister Ibrahim Mahlab on Friday called Tourism Minister Hisham Zazou to follow up the consequences of the deplorable accident that occurred on Sharm el-Sheikh-Tor road in the wee hours of Friday. Zazou told MENA that Mahlab asserted the ....

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