Economy

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  • $ 1.3 Italian investments to be pumped into Egyptian market: amb

    $ 1.3 Italian investments to be pumped into Egyptian market: amb

    Date: 2014-03-20 11:42:52 GMT - Egypt - Economy - SN:14 - ID:620493

    Egypt's Ambassador to Italy Mostafa Helmy met on Thursday with the Italian deputy minister of economic development. They agreed to hold the coming Egyptian-Italian Business Council in Cairo on March 29-30. A large number of Italian investors ....

  • Egypt industry minister: Industrial growth rate may decline due to energy crisis

    Egypt industry minister: Industrial growth rate may decline due to energy crisis

    Date: 2014-03-19 16:09:58 GMT - Sudan - Economy - SN:59 - ID:619248

    Egypt's Minister of Trade, Industry and Investment Monir Fakhry Abdel-Nour, now visiting Sudan, said on Wednesday that a proposal to use coal in cement factories is currently reviewed by Prime Minister Ibrahim Mahlab. In his statements to MENA, ....

  • 49 ships transit Suez Canal

    49 ships transit Suez Canal

    Date: 2014-03-19 12:39:12 GMT - Egypt - Economy - SN:49 - ID:618694

    Forty-nine vessels transited the Suez Canal on Wednesday, carrying a total cargo of 2.184 million tons. The south-bound convoy included 23 ships carrying 720,000 tons, while the north-bound convoy included 26 vessels carrying a cargo of 1.464 ....

  • Electricity, petroleum ministers to hold joint press conf. to review power generation situation

    Electricity, petroleum ministers to hold joint press conf. to review power generation situation

    Date: 2014-03-19 12:37:18 GMT - Egypt - Economy - SN:48 - ID:618689

    Well-placed sources said that the ministers of electricity and petroleum would hold a joint press conference soon to review all facts about the power generation situation in Egypt. The measure comes after intensive efforts by the two ministries ....

  • Nile water level drops 1 cm

    Nile water level drops 1 cm

    Date: 2014-03-19 12:35:44 GMT - Egypt - Economy - SN:47 - ID:618686

    The Nile River water level dropped Wednesday, recording 175.44 meters, one centimeter less than yesterday. Water released from the Aswan Dam reached 140 million cubic meters and the amount of water coming freshly to Lake Nasser reached 88 million ....

  • Zaazoua: Facilities to implement 1m-Indian-tourists-to-Egypt campaign

    Zaazoua: Facilities to implement 1m-Indian-tourists-to-Egypt campaign

    Date: 2014-03-19 09:56:18 GMT - Egypt - Economy - SN:30 - ID:618181

    Minister of Tourism Hisham Zaazou underlined the importance of the Indian tourism to Egypt. Addressing a press conference with visiting Travel Agents Association of India President Iqbal Mulla, Zaazoua said he met with a number of prominent ....

  • Ethiopia needs more investment from UAE -- minister

    Ethiopia needs more investment from UAE -- minister

    Date: 2014-03-19 07:46:22 GMT - Ethiopia - Economy - SN:9 - ID:617795

    Ethiopian Industry Minister Ahmed Abitew has stressed that Ethiopia needs more investment from the United Arab Emirates, Walta Information Center has reported. The minister made his remarks during the Ethiopian-UAE business forum that aims at ....

  • Abdel Nour holds talks with Sudan industry minister on boosting ties

    Abdel Nour holds talks with Sudan industry minister on boosting ties

    Date: 2014-03-19 07:28:41 GMT - Sudan - Economy - SN:1 - ID:617758

    Sudanese Trade Minister Othman Omar el-Sherief held talks on Tuesday with his Egyptian counterpart Munir Fakhry Abdel Nour, at the end of his two-day visit to Sudan Before his departure from Khartoum Airport, Abdel Nour discussed means of ....

  • Tourism Ministry hosts Italian media delegation

    Tourism Ministry hosts Italian media delegation

    Date: 2014-03-18 17:09:57 GMT - Egypt - Economy - SN:52 - ID:617240

    The Tourism Ministry and the Egyptian General Authority for the Promotion of Tourism hosted an Italian media delegation including Italian actress Eleonora Brigliadori and a number of Italian trip organizers. They will be taken on a Nile cruise ....

  • Egyptian Bourse indices up, main index gains 0.44 percent

    Egyptian Bourse indices up, main index gains 0.44 percent

    Date: 2014-03-18 16:28:08 GMT - Egypt - Economy - SN:44 - ID:617137

    Indices of the Egyptian Exchange (EGX) shut Tuesday's session collectively up, backed by wide purchases by foreign investors. The market capital achieved gains worth 1.6 billion pounds to reach 493.4 billion pounds, after transactions reached ....

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