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Economy
- Service : English
- Category : Economy
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Gov't supports foreign tourism – minister
Date: 2014-02-05 08:19:33 GMT - Egypt - Economy - SN:12 - ID:538228
Minister of Tourism Hisham Zazou asserted Tuesday support of the interim government to increase the number of foreign tourists coming to Egypt. In an interview with the Mexican newspapers El Universal and La Riforma, Zazou noted that Egypt ....
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Gov't reconsiders agricultural land rental rates - minister
Date: 2014-02-05 07:51:37 GMT - Egypt - Economy - SN:8 - ID:538173
Agriculture Minister Ayman Abu-Hadid said on Tuesday the ministry is going to vary the rates of the land leases to help land owners gain more. Abu-Hadid made the remarks during a meeting of the general council of agriculture extension. ....
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54 ship carrying 2.7 million tons transit Suez canal – Mamish
Date: 2014-02-05 07:41:30 GMT - Egypt - Economy - SN:4 - ID:538148
Chairman of the Suez Canal Authority Mohab Mamish has said 54 ships have transited the Suez Canal carrying a total cargo of 2.748 million tons. He also denied reports aired by local media that a terrorist attempt to explode the beacon of the Suez ....
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Egypt trade minister inaugurates business forum in Paris
Date: 2014-02-04 15:45:41 GMT - France - Economy - SN:45 - ID:537464
Egyptian Trade and Industry Minister Mounir Fakhri Abdel-Nour inaugurated an Egyptian-French business forum on Tuesday with the participation of more than 45 French companies. Addressing the gathering, Abdel-Nour reviewed the latest developments ....
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Mixed performance at EGX, main index down by 1.64%
Date: 2014-02-04 15:05:31 GMT - Egypt - Economy - SN:41 - ID:537399
Indices of Egyptian Exchange (EGX) showed mixed performance on Tuesday over profit-taking operations for the second day in a row. The market capital lost about 2.8 billion pounds to reach 450.9 billion amid transactions which hit about 1.18 ....
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First Egyptian nuclear plant will depend on third generation reactor -- Adviser
Date: 2014-02-04 12:16:08 GMT - Egypt - Economy - SN:22 - ID:536961
The first Egyptian nuclear plant will depend on a third generation reactor, the up-to-date available technology on the international market, said an adviser to the Ministry of Electricity and Energy on Tuesday. Dr. Ibrhim al-Assiry, in statements ....
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Nile water level drops by 1cm
Date: 2014-02-04 12:05:49 GMT - Egypt - Economy - SN:21 - ID:536948
The Nile water level reached 175.86 meters on Tuesday, one centimeter less than Monday's reading. Water released from the High Dam reached 58 million cubic meters, according to a report by the Ministry of Water Resources and Irrigation. ....
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Biblawy probes economic group files
Date: 2014-02-03 18:31:40 GMT - Egypt - Economy - SN:61 - ID:535840
The economic group held a meeting on Monday under Prime Minister Hazem el-Biblawy to discuss the files of the group and preparations for el-Biblawy's visit to Saudi Arabia. Attended the meeting were Central Bank governor as well as ministers of ....
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Saudi economists eagerly await Beblawy's visit to kingdom
Date: 2014-02-03 13:35:49 GMT - Kingdom of Saudi Arabia - Economy - SN:52 - ID:535295
The upcoming visit to Saudi Arab by Egypt's Prime Minister Hazem el-Beblawy is gaining great interest particularly among economists in the kingdom as Saudi investments in Egypt hit 23 billion dollars in January. Saudi Arabia is the number one ....
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Profit-taking drives Egypt's bourse down
Date: 2014-02-03 13:27:58 GMT - Egypt - Economy - SN:50 - ID:535276
The Egyptian Exchange (EGX) slipped on profit-taking at the end of Monday's trading over an expected cabinet reshuffle and the possible presidential bid by Field Marshal Abdel-Fattah el-Sisi. The market capital lost up to EGP 680 million to reach ....
