Economy

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  • Category : Economy
  • Budget deficit reaches EGP 119.597bn between July, Jan. -- Finance Ministry

    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 ....

  • Economic group convenes weekly meeting under Mehleb

    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 ....

  • Abdel-Nour, British minister discuss boosting bilateral cooperation

    Abdel-Nour, British minister discuss boosting bilateral cooperation

    Date: 2014-03-04 16:06:56 GMT - United Kingdom - Economy - SN:56 - ID:590194

    Egypt's Trade and Industry Minister Mounir Fakhri Abdel-Nour met Tuesday with British Minister of Energy Michael Fallon to discuss means of boosting bilateral cooperation. Abdel-Nour, currently visiting here, also talked with Fallon about ways to ....

  • 57 vessels transit Suez Canal

    57 vessels transit Suez Canal

    Date: 2014-03-04 15:48:25 GMT - Egypt - Economy - SN:52 - ID:590139

    Fifty-seven vessels passed through the Suez Canal on Tuesday carrying a total cargo of 3.046 million tons. The south-bound convoy of 31 ships had a cargo of 1.908 million tons while the combined cargo of the 26 ships of the north-bound convoy ....

  • Ministerial group seeks to find solutions for Egyptian economy problems

    Ministerial group seeks to find solutions for Egyptian economy problems

    Date: 2014-03-04 15:13:28 GMT - Egypt - Economy - SN:46 - ID:590037

    The economic ministerial group, led by Prime Minister Ibrahim Mehleb, held a meeting on Tuesday to discuss ways to resolve problems facing Egypt's economy. During the meeting, Mehleb underlined the need for dealing with the current economic ....

  • Nile water level up 2cms

    Nile water level up 2cms

    Date: 2014-03-04 14:44:53 GMT - Egypt - Economy - SN:44 - ID:589962

    The Nile River water level increased on Tuesday, recording 175.56 meters, two centimeters more than Monday. The water released from the Aswan Dam reached 145 million cubic meters and the amount of water coming freshly to Lake Nasser reached 249 ....

  • EGX gains EGP 5.2bn, index up by 0.95%

    EGX gains EGP 5.2bn, index up by 0.95%

    Date: 2014-03-04 13:57:49 GMT - Egypt - Economy - SN:39 - ID:589836

    The Egyptian Exchange (EGX) gained 5.2 billion pounds at the end of trading Tuesday backed by purchase operations by Arab and foreign investors optimistic about the rebounding of world bourses after two days of drop in light of the Ukrainian ....

  • Representatives of UK companies to visit Egypt soon -- Minister

    Representatives of UK companies to visit Egypt soon -- Minister

    Date: 2014-03-04 13:34:43 GMT - Egypt - Economy - SN:35 - ID:589756

    Industry and Trade Minister Mounir Fakhri Abdel-Nour has said that representatives of a number of giant British companies will be visiting Egypt soon to get firsthand information about business opportunities in the country. They will also discuss ....

  • EGX gains EGP 2.1bn minutes after Sisi statements

    EGX gains EGP 2.1bn minutes after Sisi statements

    Date: 2014-03-04 13:19:29 GMT - Egypt - Economy - SN:32 - ID:589706

    The Egyptian Exchange (EGX) gained 2.1 billion pounds in only a few minutes following statements by Defense Minister Abdel-Fattah el-Sisi earlier Tuesday in which he hinted at joining the presidential race. The EGX 30 benchmark index went up by ....

  • PM: Egypt provides suitable climate for investment

    PM: Egypt provides suitable climate for investment

    Date: 2014-03-04 12:56:09 GMT - Egypt - Economy - SN:28 - ID:589630

    Egypt provides a suitable climate for businessmen and investment, said Prime Minister Ibrahim Mehleb. The remarks were made during a meeting with a high-profile delegation of Coca-Cola Company in the presence of Minister of Foreign Trade, ....

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