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Economy
- Service : English
- Category : Economy
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Tax authority gains EGP 125bln from July 1 through Feb. 10
Date: 2014-02-11 14:53:48 GMT - Egypt - Economy - SN:42 - ID:549814
The Egyptian Tax Authority made gains worth 125 billion pounds from July 1 until February 10. This is five billion pounds more than the same period in the previous fiscal year. ....
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Exchange maintains its upward trend on Tuesday
Date: 2014-02-11 14:50:35 GMT - Egypt - Economy - SN:41 - ID:549802
The Egyptian Exchange (EGX) continued its upward trend on Tuesday amid reports that Defense Minister Field Marshal Abdel Fattah el-Sisi will run for president in the coming elections, powered by intensive purchases by foreign and Arab investors and ....
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Last batch of bonus for weaving workers paid end of this week: Investment min.
Date: 2014-02-10 19:14:02 GMT - Egypt - Economy - SN:81 - ID:548264
Egypt’s Investment Minister Ossama Saleh said that the last batch of bonus for workers of the spinning and weaving at public sector companies will be paid at the end of this week. Earlier, cabinet approved paying the delayed bonus in its ....
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Egypt's announcement of 34bln EGP Stimulus Package power up for an economy on the mend -- spokesman
Date: 2014-02-10 16:30:48 GMT - Egypt - Economy - SN:77 - ID:548037
Today, Egypt’s Finance Ministry announced the details of a second stimulus package since the interim government took over the leadership of the country after the June 30th revolution in a step that aimed to further shore up the economy, according to ....
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Mixed performance at EGX at close of trading
Date: 2014-02-10 16:16:22 GMT - Egypt - Economy - SN:66 - ID:548007
The Egyptian Exchange (EGX) showed mixed performance on Monday affected by increased anticipation over the stance of Defense Minister Field Marshal Abdel-Fattah el-Sisi to run in the presidential elections. The market capital made limited ....
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EBRD's investments in Egypt stand at 203mln euros
Date: 2014-02-10 16:13:57 GMT - Egypt - Economy - SN:64 - ID:547993
The total investments of European Bank for Reconstruction and Development (EBRD) in Egypt hit 203 million euros, said EBRD’s managing director for the southern and eastern Mediterranean region Hildegard Gacek. In a speech delivered during the ....
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Egypt bourse chief expects economy would flourish within 3 years
Date: 2014-02-10 12:59:35 GMT - Egypt - Economy - SN:57 - ID:547469
Egypt's bourse chairman Mohamed Omran expected the Egyptian economy to flourish within the upcoming three years. During his participation in the Euromed conference on Monday, Omran said that achieving economic improvement requires attaining ....
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Nile water level drops 1cm
Date: 2014-02-10 12:33:42 GMT - Egypt - Economy - SN:55 - ID:547414
The Nile River water level recorded 175.84 meters on Monday, 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 88 million cubic ....
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47 vessels transit Suez Canal
Date: 2014-02-10 12:06:44 GMT - Egypt - Economy - SN:49 - ID:547333
Forty-seven ships transited the Suez Canal in two convoys on Monday carrying 2.895 million tons. The south-bound convoy comprised 25 vessels carrying shipments weighing 1.4 million tons, while the north-bound convoy comprised 22 vessels carrying ....
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Arab League economic committee starts meetings in Cairo
Date: 2014-02-10 11:08:30 GMT - Egypt - Economy - SN:42 - ID:547136
The economic committee of the Arab League started on Monday meetings on issues to be referred to 93rd round of the economic and development affairs council. The committee's two-day talks will mull several topics including the agenda of the next ....
