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Economy
- Service : English
- Category : Economy
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Govt to determine body in charge of industrial zones, says minister
Date: 2014-04-17 11:16:05 GMT - Egypt - Economy - SN:19 - ID:673246
Minister of Industry, Foreign Trade and Investment Mounir Fakhry Abdel Nour said the government will determine within days the body that will be in charge of industrial zones. The decision will set the relations between the New Urban Communities ....
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Egyptian GDRs in London stable
Date: 2014-04-17 07:44:18 GMT - United Kingdom - Economy - SN:9 - ID:672710
The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed stable performance at the close of Wednesday's trading. The GDRs of Orascom Telecom, EFG-Hermes and Orascom Construction Industries remained unchanged at 0.85, ....
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Bourse gains EGP 2.1bln, main index up 0.67 pct
Date: 2014-04-16 13:45:46 GMT - Egypt - Economy - SN:60 - ID:671788
Egypt's Stock Exchange (EGX) indices achieved a collective rise at the close of Wednesday's trading prompted by purchases of Arab and Egyptian institutions amid expectations of strong rise of EGX after the end of Easter holidays and spring ....
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Nile water level drops
Date: 2014-04-16 11:15:40 GMT - Egypt - Economy - SN:39 - ID:671326
The Nile River water level dropped Wednesday, recording 175.15 meters, one centimeter less than yesterday. Water released from the Aswan Dam reached 170 million cubic meters and the amount of water coming freshly to Lake Nasser reached 118 ....
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Egyptian economy on way of recovery - minister
Date: 2014-04-16 10:15:19 GMT - Kingdom of Saudi Arabia - Economy - SN:32 - ID:671134
Egyptian Trade and Industry Minister Monier Fakhri Abdel Nour stressed that the Egyptian economy is on the way to recovery and it is still capable of addressing challenges. "Our national economy cannot be based on grants and aid. It has to ....
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60 of telephone exchange network developed across nation - official
Date: 2014-04-16 10:13:49 GMT - Egypt - Economy - SN:31 - ID:671131
More than 60 percent of telephone exchanges were developed across the nation, said a Telecom Egypt official on Wednesday. The development plan includes all centrals and will be completed in 2015, Bayoumi Omar, the head of the company's Canal and ....
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A plan to develop mechanisms of vegetables and fruits trading: supply Min
Date: 2014-04-16 10:12:08 GMT - Egypt - Economy - SN:30 - ID:671124
Minister of Supply and Internal Trade Khaled Hanafi said on Wednesday that a plan to develop mechanisms for handling and transporting vegetables and fruit would be set up in the coming period. Hanafi added that this plan targets reducing waste ....
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Egypt's SODIC settles dispute over Eastown scheme
Date: 2014-04-15 16:36:25 GMT - Egypt - Economy - SN:59 - ID:670082
The Six of October Development and Investment (SODIC) company agreed on Tuesday with the Housing Ministry and the New Urban Communities Authority to pay EGP 900 million over seven years to settle a dispute on the Eastown scheme in Cairo. The ....
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Zazou: More security measures will be adopted at hotels
Date: 2014-04-15 16:01:39 GMT - Egypt - Economy - SN:55 - ID:670016
Minister of Tourism Hisham Zazou on Tuesday said that his ministry is planning to issue a mandatory decision for Sharm el-Sheikh hotels to install surveillance cameras as an added security measure. At a meeting with South Sinai Governor Major ....
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Aviation ministry to rationalize energy use
Date: 2014-04-15 15:46:36 GMT - Egypt - Economy - SN:53 - ID:669987
Egypt's ministry of Civil Aviation will reduce its electricity consumption by up to 20% by reducing the lighting of administrative buildings in the ministry and its subsidiaries, especially in the upcoming period and the beginning of the summer ....
