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Economy
- Service : English
- Category : Economy
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Investors' confidence in Egyptian economy increased by 51.9 pct since Morsi ouster - Beltone Financial
Date: 2014-04-14 13:16:42 GMT - Egypt - Economy - SN:56 - ID:667620
The investors' confidence in the Egyptian economy has improved by 51.9 percent since the ouster of former president Mohamed Morsi on July 3, 2013, said Investment bank Beltone Financial. In a report issued on Monday, obtained by MENA, the bank ....
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Egyptian pound weakens against dollar in 3 months: IDSC
Date: 2014-04-14 11:12:58 GMT - Egypt - Economy - SN:40 - ID:667257
The value of the Egyptian pound decreased by 0.6% against the dollar during the period from December to February compared to the same period last year. In a statement by the cabinet's Information and Decision Support Center, the Egyptian pound ....
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Trade, Industry Ministry to lower power consumption by 20 percent
Date: 2014-04-14 10:49:19 GMT - Egypt - Economy - SN:36 - ID:667194
Trade and Industry Minister Monier Fakhri Abdel Nour gave on Monday orders to all sectors and affiliated centers and companies to lower power consumption by 20 percent. Abdel Nour, in press statements, urged writing down a monthly report on power ....
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Egypt says WB loan mirrors trust in national economy
Date: 2014-04-14 09:25:01 GMT - USA - Economy - SN:20 - ID:666949
Egypt's planning and International Cooperation minister stressed that the 300-million-pound loan granted by the World Bank to Egypt reflects trust of the international community in the national economy. It also underlines Egypt's ability to ....
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Egypt bourse indices down at end of Sunday trading
Date: 2014-04-13 16:18:48 GMT - Egypt - Economy - SN:28 - ID:666129
Egyptian Exchange (EGX) indices went down at the end of today's trading. The main EGX 30 benchmark index dropped by 0.31 percent to close at 7,875.22. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) followed suit ....
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Tourism minister adviser stresses Egypt's keenness on promoting cooperation with Sudan
Date: 2014-04-12 16:01:15 GMT - Sudan - Economy - SN:36 - ID:664465
Tourism Minister Adviser for Activating Tourism Amr el-Ezaby underlined that Egypt is keen on boosting cooperating with Sudan in the field of tourism. Egypt will help Sudan in implementing touristic projects so as to achieve prosperity for both ....
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Metro Line 3 to be opened in May
Date: 2014-04-12 15:56:28 GMT - Jordan - Economy - SN:35 - ID:664451
Egyptian Minister of Transport Ibrahim Demeiri, currently in Jordan, said that the second stage of the Metro Line 3 project will be inaugurated during the first week of May. "As many as 1.5 million passengers are expected to use the third line ....
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Memish: 62 ships cross Suez Canal
Date: 2014-04-12 15:53:11 GMT - Egypt - Economy - SN:34 - ID:664446
Sixty-two vessels crossed the Suez Canal on Saturday carrying a total cargo of 3.7 million tons, said Suez Canal Authority Chief General Mohab Memish. In statements to MENA, Memish said navigation movement on Sunday registered record numbers as ....
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CPA refers Nissan Motors Egypt to prosecution
Date: 2014-04-12 14:11:37 GMT - Egypt - Economy - SN:28 - ID:664162
The Consumers Protection Agency has referred Nissan Motors Egypt to public prosecution for not informing the agency about a malfunction in the brakes of one of its recent automobiles. In statements on Saturday, CPA Chairman Major General Atef ....
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Finance Minister: IMF played supporting roles to Egypt economy at hard times
Date: 2014-04-12 11:37:46 GMT - USA - Economy - SN:23 - ID:663767
Egyptian Minister of Finance Hani Qadri, who is currently on a visit to Washington, asserted that the International Monetary Fund has played supporting roles to Egypt's economy at hard times, especially during the years of 2011 and ....
