Economy

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  • Category : Economy
  • 30 slum areas to be developed in Cairo, Giza

    30 slum areas to be developed in Cairo, Giza

    Date: 2014-01-05 13:24:03 GMT - Egypt - Economy - SN:49 - ID:480661

    Prime Minister Hazem el-Beblawy attended Sunday a signing ceremony to develop as many as 30 slum areas in Cairo at a total cost of 350 million pounds. The cooperation protocol was signed between the Slum Development Fund, the governorates of ....

  • Petroleum minister inspects Polyethylene production project in Suez

    Petroleum minister inspects Polyethylene production project in Suez

    Date: 2014-01-05 10:18:45 GMT - Egypt - Economy - SN:32 - ID:480206

    Petroleum Minister Sherif Ismail inspected on Sunday a project aiming at producing Polyethylene in the North West Gulf of Suez Special Economic Zone, approximately 40 km south of Suez City. The project is likely to be operational next month at ....

  • Industry min. reviews WTO conference's outcomes with Egyptian business leaders

    Industry min. reviews WTO conference's outcomes with Egyptian business leaders

    Date: 2014-01-04 17:47:43 GMT - Egypt - Economy - SN:48 - ID:479436

    Minister of Trade and Industry Munir Fakhri Abdel Nour will review on Sunday with leaderships of business unions and organizations the outcomes of the ministerial conference of the World Trade Organization (WTO) held in Bali in December. The ....

  • Minister inspects oil companies in Al-Ain Al-Sokhna, Suez

    Minister inspects oil companies in Al-Ain Al-Sokhna, Suez

    Date: 2014-01-04 10:30:18 GMT - Egypt - Economy - SN:21 - ID:478495

    Minitser of Petroleum Sherif Ismail inspected on Saturday a number of oil companies operating in Al-Ain Al-Sokhna and Suez city to get posted on the course of work in such companies. In statements on Saturday, Head of the geographical area of oil ....

  • Egypt to import wheat from Russia, France Romania, Ukraine

    Egypt to import wheat from Russia, France Romania, Ukraine

    Date: 2014-01-04 09:42:32 GMT - Egypt - Economy - SN:13 - ID:478377

    The General Authority for Supply of Commodities (GASC) will buy 535,000 tons of wheat from Russia, France, Romania and Ukraine to produce subsidized bread. The wheat will be delivered on two periods, the first starts from January 21 through ....

  • Egypt bourse gains EGP 3 bn, main index down last week

    Egypt bourse gains EGP 3 bn, main index down last week

    Date: 2014-01-03 09:42:01 GMT - Egypt - Economy - SN:21 - ID:476746

    The Egyptian Exchange (EGX) made EGP 3 billion profits during last week's trading, making its capital hit EGP 429 billion. During the course of the week, the benchmark index EGX 30 went down 0.02 percent to 6,811 points, said a weekly report ....

  • Tourism, Aviation ministers voice optimism in 2014

    Tourism, Aviation ministers voice optimism in 2014

    Date: 2014-01-03 07:25:03 GMT - Egypt - Economy - SN:5 - ID:476455

    Tourism Minister Hisham Zazou has voiced optimism in 2014, hoping it will be a happy year for Egypt and the Egyptians. This came during a press conference with Civil Aviation Minister Abdulaziz Fadel present after launching "Egypt in our hearts" ....

  • CIB GDRs traded on London Bourse down

    CIB GDRs traded on London Bourse down

    Date: 2014-01-03 07:01:59 GMT - United Kingdom - Economy - SN:1 - ID:476410

    The Egyptian global depository receipts (GDRs) of the Commercial International Bank (CIB) dropped by 1.98 percent at the close of Thursday's trading. In the meantime, the GDRs of EFG Hermes, Orascom Telecom and Orascom Construction Industries ....

  • Bourse starts new year with gains worth EGP 2 billion

    Bourse starts new year with gains worth EGP 2 billion

    Date: 2014-01-02 18:07:29 GMT - Egypt - Economy - SN:20 - ID:476034

    The Egyptian Exchange (EGX) indexes posted collective gains in the first session of 2014. The market capital gained about 2.05 billion pounds, to end the first session of the new year at 428.8 billion pounds, after transactions reached 500 ....

  • Pilot CSP plant bedrock for local production of CSP units - minister

    Pilot CSP plant bedrock for local production of CSP units - minister

    Date: 2014-01-02 11:39:55 GMT - Egypt - Economy - SN:12 - ID:475207

    Launching a pilot Concentrated Solar Power (CSP) plant will form the basis for local production of concentrated solar power units, the environment minister Laila Iskandar said. Ahead of opening the pilot station on Thursday in the Sixth of ....

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