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Economy
- Service : English
- Category : Economy
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Draft budget to be reviewed with president after changes – minister
Date: 2014-06-25 06:12:47 GMT - Egypt - Economy - SN:3 - ID:796394
Finance Minister Hani Qadri said Tuesday the cabinet would review another draft for 2014/2015 budget upon order of President Abdel Fattah El Sisi. The draft budget was amended after the president refused to approve the previous one for the big ....
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Communication min. meets WB delegation
Date: 2014-06-24 15:09:22 GMT - Egypt - Economy - SN:43 - ID:795679
Communication Minister Atef Helmy has met with a World Bank Group delegation. The meeting tackled bilateral cooperation in the communication and information technology fields. The minister has said Egypt seeks to develop the communications ....
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Losing agricultural lands may cause political, social wreck in Egypt
Date: 2014-06-24 14:41:57 GMT - Egypt - Economy - SN:42 - ID:795605
Minister of Agriculture and Land Reclamation Adel el-Beltagui warned that the growing encroachments on agricultural lands could be detrimental to Egypt. The loss of the country's agricultural lands means the loss of its agricultural resources and ....
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32 vessels transit Suez Canal
Date: 2014-06-24 14:01:11 GMT - Egypt - Economy - SN:40 - ID:795513
Thirty-two vessels transited the Suez Canal Tuesday, carrying a total cargo of 2.077 million tons. The north-bound convoy comprised 15 ships, carrying a cargo of 1,20 million tons, while the south-bound convoy included 17 ships, carrying 1,057 ....
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Investment min. meets Egypt envoy to Russia
Date: 2014-06-24 13:35:55 GMT - Egypt - Economy - SN:36 - ID:795462
Investment Minister Ashraf Salman held a meeting with Egypt's ambassador to Russia Mohamed El Badry. They discussed investment opportunities in Egypt and the embassy's role in luring Russian investments to the country. The minister said that ....
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Trade Minister says economy up some times in 2013-2014
Date: 2014-06-24 12:58:16 GMT - Egypt - Economy - SN:28 - ID:795375
Trade and Industry Minister Mounir Fakhri Abdel-Nour has said that economic indices have shown positive readings in a number of times over the past few months. The industrial growth rate has increased during the third quarter of the fiscal year ....
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EGX indices go down on back of sharp decline at Dubai stock exchange
Date: 2014-06-24 12:47:22 GMT - Egypt - Economy - SN:25 - ID:795268
The Egyptian Exchange (EGX) indices went down at the end of trading Tuesday following the sharp decline at Dubai stock exchange. The capital market lost some 4.85 billion pounds. The EGX 30 benchmark index went down by 1.66 percent closing at ....
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Zazou entrusts team to start promotion campaign in Latin America
Date: 2014-06-24 12:15:24 GMT - Egypt - Economy - SN:23 - ID:795226
Minister of Tourism Hisham Zazou on Tuesday entrusted a team of his ministry to outline a plan for a promotion campaign that will be implemented in Latin American markets. The team has recently paid a visit to Brazil where they held talks with ....
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CBE opens account to receive donations to support national economy
Date: 2014-06-24 11:37:29 GMT - Egypt - Economy - SN:16 - ID:795151
The Central Bank of Egypt (CBE) has decided to open the door to donations to support the national economy at account number 037037, MENA learned Tuesday. The decision was made following President Abdel Fattah El Sisi's initiative to give up half ....
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Egyptian GDRs in London show mixed performance
Date: 2014-06-23 17:54:08 GMT - United Kingdom - Economy - SN:94 - ID:794075
The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed mixed performance at the close of Monday's trading. The GDRs of the Commercial International Bank (CIB) and Orascom Telecom dropped to 4.88, 0.89 dollars ....
