Economy

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  • Generated power down by 1.1% in January - IDSC

    Generated power down by 1.1% in January - IDSC

    Date: 2014-03-05 11:42:19 GMT - Egypt - Economy - SN:45 - ID:591563

    The electricity generated in January hit 13.27 billion kilowatt, down by 1.1 percent compared to the 13.417 billion kilowatt of the previous month, said the Cabinet's Information and Decision Support Center (IDSC). But power generated annually ....

  • Petroleum Minister to participate in tripartite meeting with Iraqi, Jordanian counterparts to boost joint cooperation

    Petroleum Minister to participate in tripartite meeting with Iraqi, Jordanian counterparts to boost joint cooperation

    Date: 2014-03-05 11:38:12 GMT - Egypt - Economy - SN:44 - ID:591546

    Petroleum Minister Sherif Ismail said Wednesday he is scheduled to participate in a tripartite meeting with his Iraqi and Jordanian counterparts in Amman that was called for by Jordanian Prime Minister Abdullah Nsour during the Egyptian-Jordanian ....

  • Building of 750 megawatt Banha power plant now completed - minister

    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 ....

  • CAPMAS: Wheat stockpile down by 34.1 percent at end of 2012/2013

    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 ....

  • Zaazou meets German foreign ministry official on travel ban on Egypt

    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 ....

  • Zaazou says tourism to Egypt able to face challenges, return to normal levels

    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 ....

  • Electricity Minister says power needs can be met if fuel secured

    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 ....

  • Sawiris to buy stakes in German travel group FTI

    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 ....

  • Wages of Egypt Post staff up to EGP 2.2 bln, says Communications minister

    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 ....

  • Egypt lost 300,000 acres of agriculture soil due to encroachments: ministry

    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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