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Economy
- Service : English
- Category : Economy
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Egypt bourse gains EGP 12.2bln in week
Date: 2014-02-13 14:49:59 GMT - Egypt - Economy - SN:20 - ID:553787
The Egyptian Exchange (EGX) made more profits at the end of trading on Thursday, backed by intensive purchases by Arab and foreign investors along with the Egyptian institutions. The market capital gained 1.9 billion pounds, increasing its ....
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Egypt tourism minister says seeks to achieve 20 percent growth rate
Date: 2014-02-12 18:14:08 GMT - United Kingdom - Economy - SN:40 - ID:552192
Egypt's Tourism Minister Hesham Zaazou said that he seeks to achieve a growth rate in the tourism sector by about 20 percent. In exclusive statements to MENA correspondent here, Zaazou said that the tourism sector in Egypt lost about 2 billion ....
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EGX gains 3.6 billion pounds, hitting 468.7 billion pounds
Date: 2014-02-12 18:12:36 GMT - Egypt - Economy - SN:39 - ID:552185
The Egyptian Exchange (EGX) continued its upward trend on Wednesday after statements by head of the 50-member committee about plans by Defense Minister Field Marshal Abdel Fattah el-Sisi to run in the coming presidential elections. The market ....
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World Bank expects Egypt's GDP growth rate to up to 3.5% by end of current fiscal year
Date: 2014-02-12 08:58:15 GMT - Egypt - Economy - SN:7 - ID:550894
The World Bank expected the increase of the growth rate of Egypt's gross domestic product (GDP) to 3.5 percent by the end of the current fiscal year to end in June of 2014. The WB quarter economic bulletin for the Middle East and North Africa, ....
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Air traffic at Cairo airports hits 7,383 flights during Feb.: official
Date: 2014-02-11 18:34:11 GMT - Egypt - Economy - SN:73 - ID:550265
Head of the Egyptian Holding Company for Airports and Air Navigation Ashraf Zaki said on Tuesday that the air traffic at Egyptian airports hit 7,383 flights, transferring about 784,000 passengers. The figures came in statistics on the air ....
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Gov't settles disputes with 80 real estate companies – minister
Date: 2014-02-11 17:48:09 GMT - Egypt - Economy - SN:65 - ID:550173
Minister of Investment Osama Saleh said on Tuesday that the government has reached a settlement with eighty companies in the domain of real estate investment. The minister made the remarks during an inauguration ceremony of a preparatory ....
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Growth rate of GDP down one percent during first quarter of fiscal year 2013/2014
Date: 2014-02-11 17:34:07 GMT - Egypt - Economy - SN:66 - ID:550179
The growth rate of Gross Domestic Product went down one percent during the first quarter of fiscal year 2013/2014 compared to 2.5 percent in the same period in the previous fiscal year. A report issued by the Finance Ministry indicated that this ....
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Milan bourse true opportunity to promote Egypt's tourist destinations: minister
Date: 2014-02-11 17:15:04 GMT - Egypt - Economy - SN:62 - ID:550144
Tourism Minister Hisham Zaazou said that Milan bourse in Italy which will kick off during Feb. 13-15, is one of the most important tourism exchanges in the world. Tourism decision makers and representatives from all over the world would take part ....
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Nile water level drops
Date: 2014-02-11 16:07:20 GMT - Egypt - Economy - SN:55 - ID:549996
The Nile River water level recorded 175.83 meters on Tuesday, one centimeter less than yesterday's reading. Water released from the Aswan Dam reached 140 million cubic meters and water coming freshly to Lake Nasser amounted to 93 million cubic ....
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51 ships transit Suez Canal
Date: 2014-02-11 14:59:13 GMT - Egypt - Economy - SN:43 - ID:549823
Fifty-one ships transited the Suez Canal in two convoys on Tuesday carrying 2.589 million tons. The south-bound convoy comprised 26 vessels carrying shipments weighing 1.140 million tons, while the north-bound convoy comprised 25 vessels carrying ....
