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Economy
- Service : English
- Category : Economy
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Building of 750 megawatt Banha power plant now completed - minister
Date: 2014-03-05 11:29:43 GMT - Egypt - Economy - SN:43 - ID:591510
The construction works of the 750 megawatt Banha power plant were finalized at a cost of 4,450 million pounds, said Electricity Minister Mohamed Shaker on Wednesday. The combined cycle power plant, located 4.5 km NE of the city of Banha on the ....
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CAPMAS: Wheat stockpile down by 34.1 percent at end of 2012/2013
Date: 2014-03-05 11:11:22 GMT - Egypt - Economy - SN:39 - ID:591470
Wheat stockpile hit 1.07 million tons at the end of 2012/2013, down by 34.1 percent compared to the end of 2011/2012, said the Central Agency for Public Mobilization and Statistics (CAPMAS). The agency, in its annual bulletin, showed a 17.2 ....
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Zaazou meets German foreign ministry official on travel ban on Egypt
Date: 2014-03-05 11:09:09 GMT - Germany - Economy - SN:37 - ID:591464
Egypt's Tourism Minister Hisham Zaazou met here on Wednesday with Ambassador, Director General for Africa, Asia, Latin America, Near and Middle East at the German Federal Foreign Office Clemens von Goetze for talks on the recent German travel ban on ....
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Zaazou says tourism to Egypt able to face challenges, return to normal levels
Date: 2014-03-05 07:46:42 GMT - Germany - Economy - SN:10 - ID:590860
Egypt's Tourism Minister Hisham Zaazou has said the Egyptian incoming tourism is able to face challenges and return to its normal levels before the 2011 revolution. During his meeting with the German tourist media club in Berlin, Zaazou said ....
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Electricity Minister says power needs can be met if fuel secured
Date: 2014-03-04 18:15:07 GMT - Egypt - Economy - SN:77 - ID:590449
Electricity Minister Mohamed Shaker said Tuesday his Ministry is capable of meeting all domestic demands for power if the fuel is secured. The Ministry will add 3,000 megawatts to the national grid in the summer, bringing the total capacity to ....
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Sawiris to buy stakes in German travel group FTI
Date: 2014-03-04 17:45:18 GMT - Egypt - Economy - SN:71 - ID:590390
Egyptian businessmen Samih Sawiris is taking a stake of 25 percent to 35 percent in FTI, Germany’s fourth-biggest tour operator, the two parties said on Monday. “We aim for cooperation with an eye to the long run,” Sawiris said in a ....
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Wages of Egypt Post staff up to EGP 2.2 bln, says Communications minister
Date: 2014-03-04 17:38:37 GMT - Egypt - Economy - SN:69 - ID:590374
Communications and IT Minister Atef Helmy said Tuesday wages of staffers at Egypt Post Authority increased from EGP 900 million in 2011 to EGP 2.2 billion. During a meeting with the staff of Egypt Post HQ in Ramsis, central Cairo, Helmy stressed ....
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Egypt lost 300,000 acres of agriculture soil due to encroachments: ministry
Date: 2014-03-04 17:35:34 GMT - Egypt - Economy - SN:68 - ID:590368
The Agriculture Ministry has said that encroachments on arable lands cost Egypt 20 billion pounds annually as well as the loss of 300,000 acres of agriculture soil. In a statement on its website on Tuesday, the ministry said that more than ....
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Budget deficit reaches EGP 119.597bn between July, Jan. -- Finance Ministry
Date: 2014-03-04 16:32:46 GMT - Egypt - Economy - SN:62 - ID:590251
The Finance Ministry on Tuesday indicated that the budget deficit in the period between July 2013 through January 2014 went down to 119.597 billion pounds; i.e. 5.8 percent of the gross domestic product, compared with 119.825 billion in the same ....
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Economic group convenes weekly meeting under Mehleb
Date: 2014-03-04 16:18:58 GMT - Egypt - Economy - SN:59 - ID:590219
The economic group convened its weekly meeting Tuesday under Prime Minister Ibrahim Mehleb. The new premier stressed the importance of addressing economic problems in a comprehensive way to be able to find radical solutions to them. He said ....
