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Economy
- Service : English
- Category : Economy
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Egypt's heading towards political stability: tourism minister
Date: 2014-01-20 16:59:20 GMT - Egypt - Economy - SN:89 - ID:510290
Tourism Minister Hisham Zaazou said on Monday that Egypt is heading towards political stability. Speaking before the annual meeting of the EUROMIC tourist organization, Zaazou said that the political stability would reflect on the different ....
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Egypt sells T-bonds
Date: 2014-01-20 16:46:34 GMT - Egypt - Economy - SN:82 - ID:510276
The Finance Ministry auctioned 3-year and 7-year treasury bonds worth EGP 4 billion on Monday. In an online statement, the ministry said it sold EGP 2 billion of 3-year treasury bonds (maturing on December 3, 2016) for which it had offered a ....
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Water shortage in Mideast, North Africa reaches 120 billion cubic meters annually
Date: 2014-01-20 12:40:19 GMT - Egypt - Economy - SN:54 - ID:509680
Water shortage in the Middle East and North Africa has reached more than 120 billion cubic meters annually, the head of the Arab Water Council said. Addressing the Cairo-hosted regional conference on coping with climate change in the water sector ....
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49 ships transit Suez Canal
Date: 2014-01-20 10:55:59 GMT - Egypt - Economy - SN:34 - ID:509365
Forty-nine ships transited the Suez Canal on Monday, carrying a total cargo of 2.359 million tons. The south-bound convoy included 30 ships, carrying 1.431 million tons, while the north-bound convoy included 19 vessels, carrying 928,00 tons. ....
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Electricity Minister reviews report on information technology applications in bills payment
Date: 2014-01-20 09:44:45 GMT - Egypt - Economy - SN:28 - ID:509148
Minister of Electricity Ahmed Emam reviewed Monday a report from North Cairo Electricity Distribution Company on using information technology applications in the payment of electricity bills. The report said the company started to use a number ....
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Profit-taking drives bourse down
Date: 2014-01-19 14:55:02 GMT - Egypt - Economy - SN:59 - ID:508006
The Egyptian Exchange (EGX) slipped on profit-taking at the end of Sunday's trading over intensive sales of Egyptian investors with fears piling up about the approach of the anniversary of the January revolution. The market capital lost EGP 6.4 ....
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91-, 273-day T-bills auctioned
Date: 2014-01-19 13:04:47 GMT - Egypt - Economy - SN:54 - ID:507744
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 with a 2.12 bid-to-cover ratio. The average yield was 10.377%, it said, ....
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Nile water level drops 1 cm
Date: 2014-01-19 11:45:09 GMT - Egypt - Economy - SN:48 - ID:507530
The Nile River water level dropped to 175.94 meters on Sunday, one centimeter less than Saturday, announced the Irrigation and Water Resources Ministry. Water released from the High Dam reached 75 million cubic meters. ....
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Canadian think tank to implement Egyptian-Saudi power linkage project
Date: 2014-01-19 10:10:20 GMT - Egypt - Economy - SN:39 - ID:507299
Egypt and Saudi Arabia signed a one-billion-dollar contract with a Canadian think tank to implement the power linkage project between the two sides, the Egyptian electricity minister said. In statements Sunday, Ahmed Imam said the project will be ....
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Number of tourists coming to Egypt down by 39% in November -CAPMAS
Date: 2014-01-19 09:58:45 GMT - Egypt - Economy - SN:37 - ID:507267
The Central Agency for Public Mobilization and Statistics (CAPMAS) said the number of tourists coming to Egypt decreased by 30 percent in November to reach 673,000 tourists against 1.1 million during the same month of the previous year. In its ....
