Economy
- Service : English
- Category : Economy
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
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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 ....
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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" ....
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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 ....
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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 ....
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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 ....