Economy
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- Category : Economy
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Share sales make bourse lose morning gains
Date: 2014-03-23 15:40:08 GMT - Egypt - Economy - SN:42 - ID:626111
Intensive share sales by mutual and investment funds had driven the Egyptian Exchange (EGX) to lose its morning gains on Sunday. The market capital reached EGP 491.4 billion after transactions surpassed EGP 1.4 billion. The main benchmark EGX ....
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Electricity minister chairs meeting on power supply in summer
Date: 2014-03-23 15:15:04 GMT - Egypt - Economy - SN:35 - ID:626063
Minister of Electricity and Renewable Energy Mohamad Shaker has chaired a meeting of chairpersons of power companies to discuss preparations for the summer season. He asserted the need to be ready for the usual increase in consumption in the ....
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Egyptian-Russian talks on trade, economy, investments
Date: 2014-03-23 10:19:09 GMT - Egypt - Economy - SN:13 - ID:625291
The activities of the preparatory committee for the Egyptian-Russian commercial committee started Sunday in Moscow to discuss trade, economic and investment issues. The activities will continue until March 26. The Egyptian side is presided by ....
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Agriculture minister lays foundation stone of school food factory in Sohag
Date: 2014-03-22 16:15:44 GMT - Egypt - Economy - SN:51 - ID:624362
Minister of Agriculture and Land Reclamation Ayman Farid Abu-Hadid on Saturday laid the foundation stone of a food factory for school children in Sohag Governorate. Abu-Hadid was accompanied by Sohag Governor Mahmoud Atiq. In statements, ....
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Agriculture minister lays foundation stone of school food factory in Sohag
Date: 2014-03-22 11:22:14 GMT - Egypt - Economy - SN:35 - ID:623788
Minister of Agriculture and Land Reclamation Ayman Farid Abu-Hadid on Saturday laid the foundation stone of a food factory for school children in Sohag Governorate. Abu-Hadid was accompanied by Sohag Governor Mahmoud Atiq. In statements, ....
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Govt acting to reduce budget deficit to maximum of 12% by June 30 -- Minister
Date: 2014-03-22 11:09:22 GMT - Egypt - Economy - SN:33 - ID:623758
The Egyptian government is acting to reduce the budget deficit to a maximum of 12 percent on June 30, 2014, Planning Minister Ashraf el-Arabi has said. The government is seeking to reduce the deficit of the next budget to 10 percent, Arabi said ....
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Promotional package to attract Arab tourists during summer – minister
Date: 2014-03-22 07:25:29 GMT - Egypt - Economy - SN:13 - ID:623270
Egypt's Tourism Minister Hisham Zazou said Friday that a new promotional program will kick off for Arab tourists next summer. In a bid to bring back tourism to its previous levels after being dramatically affected by political turmoil during the ....
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Solar energy plant to be established on top of Menufiya city hall building
Date: 2014-03-21 12:19:52 GMT - Egypt - Economy - SN:16 - ID:622273
Menufiya governor Ahmed Fawzy has agreed to establish a solar energy plant on top of the city hall building in Shebin el-Kom. The 50-kilowatt plant will cost some 1.5 million pounds. ....
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Leading share purchases drive main index up
Date: 2014-03-20 14:19:03 GMT - Egypt - Economy - SN:27 - ID:620916
Intensive purchases of leading shares by foreign investors have pushed the main index of the Egyptian Exchange (EGX) up at the close of trading on Thursday amid optimism about the performance of the national economy. The market capital hit EGP ....
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EGP 50 mln to fund development of 7 sewer pipe factories
Date: 2014-03-20 14:11:20 GMT - Egypt - Economy - SN:26 - ID:620888
Minister of Water Resources and Irrigation Mohamed Abdel Motaleb kicked off Thursday development work worth US$ 6.7 million (EGP 50 million)at seven factories that manufacture plastic sewer pipes . The seven factories are affiliated to the ....