Economy

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  • Category : Economy
  • Share sales make bourse lose morning gains

    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 ....

  • Electricity minister chairs meeting on power supply in summer

    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 ....

  • Egyptian-Russian talks on trade, economy, investments

    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 ....

  • Agriculture minister lays foundation stone of school food factory in Sohag

    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, ....

  • Agriculture minister lays foundation stone of school food factory in Sohag

    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, ....

  • Govt acting to reduce budget deficit to maximum of 12% by June 30 -- Minister

    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 ....

  • Promotional package to attract Arab tourists during summer – minister

    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 ....

  • Solar energy plant to be established on top of Menufiya city hall building

    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. ....

  • Leading share purchases drive main index up

    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 ....

  • EGP 50 mln to fund development of 7 sewer pipe factories

    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 ....

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