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Economy
- Service : English
- Category : Economy
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CAPMAS: Egypt's monthly inflation rate up by 1% in February
Date: 2014-03-10 09:03:29 GMT - Egypt - Economy - SN:22 - ID:600448
Inflation rates rose by 1 percent from January to February to hit 146.4 points against 145, said the Central Agency for Public Mobilization and Statistics (CAPMAS). Annual inflation rate rose by 10.2 percent compared to February of 2013, the ....
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Egypt cement factories depend on gas, mazut by 100%
Date: 2014-03-10 08:06:02 GMT - Egypt - Economy - SN:4 - ID:600306
An official at the petroleum oil ministry said energy used by cement factories depends by 100 percent on gas and mazut. He said this amount is less than what is being at cement factories in the US, Europe, Canada and Asia, adding these factories ....
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Suez Canal axis development project "important" for Egyptian economy - expert
Date: 2014-03-09 16:34:01 GMT - Egypt - Economy - SN:47 - ID:599635
The Suez Canal axis development project is of special importance to the Egyptian economy during the upcoming phase, said economic expert Salah Gouda. The projects which will be set up there will generate big revenues to Egypt, Gouda told MENA in ....
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Al-Futtaim pumps EGP 16.5mln to establish 5 commercial centers - minister
Date: 2014-03-09 15:30:52 GMT - Egypt - Economy - SN:42 - ID:599495
Dubai-based retail group Majid Al-Futtaim (MAF) is in the process of establishing five mega commercial centers at total investments reaching about 16.5 billion pounds withing the upcoming five years, announced Trade, Industry and Investment Minister ....
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Transport minister follows up renovation in Alexandria port
Date: 2014-03-09 14:38:15 GMT - Egypt - Economy - SN:39 - ID:599381
Transport Minister Ibrahim el-Demeiry is following up development works in the January 25 train station in Alexandria port. The minister praised the workers' efforts in developing the station and hailed the regular movement and container handling ....
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EGX indexes show varied performance at closing
Date: 2014-03-09 14:24:51 GMT - Egypt - Economy - SN:38 - ID:599349
The Egyptian Stock Exchange (EGX) showed varied performance at the close of trading on Sunday. The market capital recorded gains worth 1 billion pounds amid intensive sales by Egyptian and Arab institutions and strong purchases by individual ....
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China offers 25-million-dollar grant to Egypt's development projects
Date: 2014-03-09 12:33:34 GMT - Egypt - Economy - SN:32 - ID:599036
Egypt and China signed on Sunday two agreements for technical and economic cooperation worth 25 million dollars. As per the first agreement, China will offer a non-refundable grant of 150 million yuan (equivalent of 25 million euros) to Egypt to ....
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Civil aviation minister inspects Hurghada airport
Date: 2014-03-08 15:55:00 GMT - Egypt - Economy - SN:54 - ID:597579
Civil Aviation Minister Hossam Kamal inspected on Saturday construction works of a new terminal at Hurghada airport. The terminal project, which is about to be accomplished, is designed to receive as many as 7.5 million passengers a ....
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Nile water level up 1 cm
Date: 2014-03-08 13:07:30 GMT - Egypt - Economy - SN:42 - ID:597227
The Nile River water level increased on Saturday, recording 175.56 meters, one centimeters more than Friday. The water released from the Aswan Dam reached 145 million cubic meters and the amount of water coming freshly to Lake Nasser reached 197 ....
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Suez Canal navigation going normally
Date: 2014-03-08 11:42:13 GMT - Egypt - Economy - SN:36 - ID:597005
Fifty-one vessels carrying three million tons of cargo transited the Suez Canal on Saturday, marking the huge confidence the international navigation community has in the efficiency of Egyptian security measures, said President of the Suez Canal ....
