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Economy
- Service : English
- Category : Economy
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Oil Minister: Full cooperation between ministries of oil, electricity to ensure regular operation of power generation units
Date: 2014-02-19 17:46:21 GMT - Egypt - Economy - SN:66 - ID:565312
Minister of Oil and Mineral Wealth Engineer Sherif Ismail said Wednesday that there is full coordination between the ministries of oil and electricity as well as constant interaction round-the-clock between the Egyptian Natural Gas Holding Company ....
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Planning Minister:40.3 million pounds for health sector
Date: 2014-02-19 17:22:16 GMT - Egypt - Economy - SN:65 - ID:565262
Minister of Planning and International Cooperation Ashraf el-Araby, said Wednesday the ministry has recently provided funding of 40.3 million pounds to support the health sector. This funding was directed to support university hospitals as well ....
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Transportation min. says World Bank agrees to fund development of Cairo's public transportation sector
Date: 2014-02-19 17:00:46 GMT - Egypt - Economy - SN:63 - ID:565228
Egypt's Transportation Minister Ibrahim El-Demeiry said on Wednesday that the ministry has agreed with the World Bank to allocate 1.3 million dollars as a grant to fund the development of the public transportation sector and the training of its ....
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Suez governor sees Ain Sokhna port 'cornerstone for development'
Date: 2014-02-19 16:48:12 GMT - Egypt - Economy - SN:61 - ID:565202
Suez Governor Al-Arabi Al-Sorouri said Ain Sokhna port is a cornerstone in the Suez Canal development plan, adding the governorate is working to overcome obstacles facing plans to improve the port. Al-Sorouri made his comments as he inspected the ....
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Petroleum Minister to visit Qena Thursday to inspect service projects
Date: 2014-02-19 13:22:47 GMT - Egypt - Economy - SN:54 - ID:564737
Petroleum Minister Sharif Ismail is scheduled to visit Qena governorate on Thursday to inspect some service projects in Qena city, Deshna and Quos, Qena Governor Abdul Hamid el-Hagan said. The Ministry of Petroleum has approved EGP 2 million to ....
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EGP 10 bln mortgage portfolio for low, mid income citizens: CBE
Date: 2014-02-19 07:21:40 GMT - Egypt - Economy - SN:3 - ID:563650
The Central Bank of Egypt (CBE) announced on Tuesday launching a new initiative, through which it allocated EGP 10 billion mortgage portfolio for low and middle income people for a period of 20 years at low prices. Under this initiative, the CBE ....
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EGP 400mln allocated to support agriculture research development projects
Date: 2014-02-18 18:05:34 GMT - Egypt - Economy - SN:78 - ID:563221
A sum of EGP 400 million has been allocated to support agriculture research development projects in the current year, Agriculture Minister Ayman Abu-Hadid said Tuesday. He stressed the importance of drawing up urgent plans to back all kinds of ....
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EGX gains EGP 4.6bn
Date: 2014-02-18 16:35:30 GMT - Egypt - Economy - SN:67 - ID:562985
The Egyptian Exchange (EGX) gained 4.6 billion pounds at the end of trading Tuesday amid optimism by investors about the completion of the roadmap and expectations that presidential election laws will be endorsed this week. The EGX 30 benchmark ....
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WB: $300 million to finance small-sized projects in Egypt
Date: 2014-02-18 15:01:10 GMT - Egypt - Economy - SN:51 - ID:562751
Senior economic expert at the World Bank (WB) Sahar Nasser said the bank seeks to cooperate with the Egyptian government to finance small-sized projects at investments of about $300 million. In press statements on Tuesday, Nasser said the bank’s ....
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"FAO chooses Egypt for its initiative on agricultural cooperation in Africa
Date: 2014-02-18 14:01:54 GMT - Egypt - Economy - SN:47 - ID:562603
The Food and Agriculture Organization of the United Nations (FAO) has chosen Egypt to be its starting point for implementing its initiative on agricultural cooperation in Africa. Agriculture Minister Ayman Abu Hadid has received a FAO delegation ....
