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Economy
- Service : English
- Category : Economy
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Egyptian bourse shows mixed performance, main index down by 0.28 pct
Date: 2014-06-30 08:23:08 GMT - Egypt - Economy - SN:13 - ID:804492
The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading due to intensive share sales by foreign and Arab investors. A state of anticipation prevailed among investors after receiving news of President Abdel ....
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Finance Min. to announce new budget plan in press conference
Date: 2014-06-30 07:43:17 GMT - Egypt - Economy - SN:1 - ID:804408
Finance Minister Hani Qadri would hold a press conference on Monday to announce the new state budget plan and packages of reforms contained in it. The Ministry said in a statement that President Abdel Fattah El Sisi approved on Sunday the state ....
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Labib: EGP 3.6 bn allocated for local development projects in new budget
Date: 2014-06-29 10:30:29 GMT - Egypt - Economy - SN:18 - ID:803274
Minister of Local Development General Adel Labib said EGP 3.6 billion has been allocated for carrying out development projects in all governorates in the state budget 2014/2015. In statements on Sunday, Labib said five main programs, including ....
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Tourism minister: Special programs to lure Arab tourists to Egypt
Date: 2014-06-29 09:53:57 GMT - Kingdom of Saudi Arabia - Economy - SN:16 - ID:803209
Minister of Tourism Hisham Za'azou said special tourist programs with competitive prices will start as of the current week end to lure Arab tourists to Egypt. In statements to the Saudi "Al-Watan" newspaper out on Sunday, the minister said the ....
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3 mln cards for petroleum products to be distributed over 3 months- min.
Date: 2014-06-28 15:27:25 GMT - Egypt - Economy - SN:47 - ID:802475
As many as three million of smart cards, made for subsidized petroleum products, will be distributed in the coming three months, Ashraf el-Arabi, the minister of planning , follow-up and administrative reform said Saturday. Arabi said the ....
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No exceptions in maximum wage law: Planning min.
Date: 2014-06-28 13:48:22 GMT - Egypt - Economy - SN:44 - ID:802308
Planning Minister Ashraf El Arabi has said that the maximum wages limit would be applied with no exception. The minister denied lowering the maximum salary limit to EGP 30,000, adding "such reports are unfounded." The ministry of planning ....
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Planning Ministry to outline administrative reform plan
Date: 2014-06-28 12:00:32 GMT - Egypt - Economy - SN:35 - ID:802061
The Planning Ministry's plan for administrative reform will be outlined within a month with a one-year application term, Minister Ashraf el-Arabi said. During a press conference Saturday, Arabi said the file will include reforming the wages ....
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Nile level remains unchanged
Date: 2014-06-28 11:31:43 GMT - Egypt - Economy - SN:37 - ID:802074
The Nile River water level recorded 174.16 meters on Saturday, the same as the reading of Friday. Water released from Aswan Dam reached 240 million cubic meters which is the same amount of water coming freshly to Lake Nasser today, said a report ....
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USAID investments in Egypt amount to $30b since 1975
Date: 2014-06-28 08:49:50 GMT - Egypt - Economy - SN:20 - ID:801734
US economic assistance to Egypt (ESF) through the US Agency for International Development has totaled approximately 30 billion dollars since 1975, USAID has said. USAID programs in Egypt have over the past two years secured more than 40,000 ....
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Egyptian GDRs in London show mixed performance
Date: 2014-06-28 07:43:34 GMT - United Kingdom - Economy - SN:5 - ID:801622
The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed mixed performance at the close of Friday's trading. The GDRs of Orascom Telecom went up by 1.12 percent to 0.90 dollar. The GDRs of the Commercial ....
