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Economy
- Service : English
- Category : Economy
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Egypt inflation rate rose in January on yearly basis -- report
Date: 2014-02-10 09:50:57 GMT - Egypt - Economy - SN:32 - ID:546899
The rate of inflation rose in December by 1.6 percent to score 145 points, said an official report on Monday. The rate also hiked in January to 12.2 percent compared to the same month in 2013, said the report released by the Central Agency of ....
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Telecom Egypt reaches cable damage settlement
Date: 2014-02-10 09:50:14 GMT - Egypt - Economy - SN:31 - ID:546895
Telecom Egypt has signed a settlement with El Swefy Law Firm, the legal representatives of the "B-Elephant" tanker ship that damaged and cut two submarine cables, EIG and TE North, last March. Under the terms of the deal, which has signaled the ....
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Egypt economy witnesses positive developments: Minister
Date: 2014-02-10 07:53:02 GMT - Egypt - Economy - SN:13 - ID:546581
Investment Minister Osama Salah said the Egyptian economy is witnessing positive developments in the recent months. "The implementation of the roadmap will have positive impacts on our economy," he said, addressing the third Euro-Mediterranean ....
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Egypt bourse continues upward trend
Date: 2014-02-09 18:22:32 GMT - Egypt - Economy - SN:41 - ID:546209
The Egyptian Exchange (EGX) continued its upward trend on Sunday, backed by intensive purchases by foreign and Arab investors and institutions. The market capital gained 1.8 billion pounds to stand at 460.8 billion, after transactions hit about ....
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Agreement signed with EIB to finance youths electricity station
Date: 2014-02-09 17:42:42 GMT - Egypt - Economy - SN:39 - ID:546147
Planning and International Cooperation Minister Ashraf el-Arabi and the European Investment Bank (EIB) Vice-President Philippe de Fontaine Vive signed Sunday a project finance agreement with the Central Bank of Egypt (CBE) and the Egyptian ....
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Agreement signed with EIB to finance youths electricity station
Date: 2014-02-09 17:42:41 GMT - Egypt - Economy - SN:38 - ID:546146
Planning and International Cooperation Minister Ashraf el-Arabi and the European Investment Bank (EIB) Vice-President Philippe de Fontaine Vive signed Sunday a project finance agreement with the Central Bank of Egypt (CBE) and the Egyptian ....
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91-, 266-day T-bills auctioned
Date: 2014-02-09 16:22:59 GMT - Egypt - Economy - SN:33 - ID:546027
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills. The average yield was 10.22%, it said, adding it accepted bids at rates ....
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Overall plan to support tourism's recovery - minister
Date: 2014-02-09 15:17:46 GMT - Egypt - Economy - SN:29 - ID:545911
The Tourism Ministry is implementing an integrated plan to support tourism's recovery to Egypt, said Tourism Minister Hesham Zaazou. The exaggeration of the media outlets worldwide about the situation in Egypt has greatly affected the tourism ....
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285 mln EGP allocated for water projects in Sinai -- governor
Date: 2014-02-08 18:06:26 GMT - Egypt - Economy - SN:56 - ID:544357
A sum of 285 million EGP has been allocated for drinking water projects in North Sinai, Governor el-Sayyed Abdel-Fattah Harhour said on Saturday. Among the projects, one for sea water desalination at a capacity of 5,000 cubic meters, said ....
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Irrigation minister praises outcome of his Italy visit
Date: 2014-02-08 17:33:23 GMT - Egypt - Economy - SN:53 - ID:544282
Minister of Water Resources and Irrigation Mohamad Abdel-Mutaleb has praised the outcome of his Italy visit during which he had talks with top officials on the relations binding the two countries. Upon his return home on Saturday, the minister ....
