Economy

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  • Category : Economy
  • Zazou happy over return of Chinese tourism to Egypt

    Zazou happy over return of Chinese tourism to Egypt

    Date: 2014-01-01 14:37:02 GMT - Egypt - Economy - SN:35 - ID:473805

    Tourism Minister Hisham Zazou voiced happiness over the return of the Chinese tourism in Egypt at the beginning of the new year. This came during a celebration held by the Tourism Ministry on a cruise ship on the occasion of the return of Chinese ....

  • Egypt, France seek boosting joint cooperation

    Egypt, France seek boosting joint cooperation

    Date: 2014-01-01 13:26:45 GMT - Egypt - Economy - SN:27 - ID:473614

    Minister of Industry and Foreign Trade Munir Fakhry Abdel Nour on Wednesday received French Ambassador here Nicolas Galey where they discussed bilateral relations and the recent economic and political developments in Egypt. The two sides focused ....

  • Third metro line to be launched in mid April – governor

    Third metro line to be launched in mid April – governor

    Date: 2014-01-01 12:55:13 GMT - Egypt - Economy - SN:24 - ID:473526

    The third underground metro line linking Ataba and Misr el-Gedida will be launched by the end of April, Cairo Governor Galal Moustafa Said said on Wednesday. In statements to MENA, he added that a mega Tahrir parking lot – wide enough for 1,550 ....

  • Supply minister pledgeds to further tighten monitoring on market

    Supply minister pledgeds to further tighten monitoring on market

    Date: 2014-01-01 12:51:29 GMT - Egypt - Economy - SN:23 - ID:473519

    Supply Minister Mohamed Abu-Shadi pledged to continue tightening monitoring on the market to combat commercial cheating and selling outdated commodities or those of an unknown source. He noted that during December inspection campaigns in Greater ....

  • Egyptian economy ready for kick-start, minister says

    Egyptian economy ready for kick-start, minister says

    Date: 2013-12-31 19:08:00 GMT - Egypt - Economy - SN:52 - ID:472499

    Minister of Finance Ahmad Galal said Egypt has been passing through an interim stage since January 2011, noting that the Egyptian economy is now ready to kick-start. In a statement on Tuesday, the minister said the interim phase was not an easy ....

  • Mixed performance at EGX, main index up 0.01%

    Mixed performance at EGX, main index up 0.01%

    Date: 2013-12-31 16:39:29 GMT - Egypt - Economy - SN:38 - ID:472293

    The Egyptian Exchange showed mixed performance on Tuesday as investors and investment funds acted to settle their financial positions in the last session of 2013. The market capital lost EGP 580 million to reach EGP 426.8 billion. The EGX ....

  • EGX gains EGP 51bn, main index up 24.1% in 2013

    EGX gains EGP 51bn, main index up 24.1% in 2013

    Date: 2013-12-31 16:34:56 GMT - Egypt - Economy - SN:37 - ID:472288

    The Egyptian Exchange (EGX) indices recorded collective rise at the end of 2013 making big gains despite the difficult political and economic landscape. The market capital achieved gains of about 51 billion pounds to reach 427 billion pounds ....

  • SFD 2014 budget approved

    SFD 2014 budget approved

    Date: 2013-12-30 16:40:14 GMT - Egypt - Economy - SN:59 - ID:470335

    The Social Fund for Development approved its estimated 2014 budget, which aims to offer EGP 3 billion to fund labor-intensive micro and small-sized enterprises. The approval was given during a board meeting under Prime Minister and SFD Chairman ....

  • Egypt bourse gains EGP 1.8bln, main index up 0.12 pct

    Egypt bourse gains EGP 1.8bln, main index up 0.12 pct

    Date: 2013-12-30 16:33:36 GMT - Egypt - Economy - SN:57 - ID:470332

    The Egyptian Exchange (EGX) indices recorded collective rise at the closing of trading on Monday due to purchases by Egyptian and Arab investors. The market capital achieved gains of about 1.8 billion pounds to reach 427.3 billion pounds, after ....

  • Committee formed to settle economic organizations' debts to investment bank

    Committee formed to settle economic organizations' debts to investment bank

    Date: 2013-12-30 13:02:46 GMT - Egypt - Economy - SN:53 - ID:469804

    The Economic Group held a meeting Monday, under Prime Minister Hazem el-Beblawy, and in the presence of a host of ministers. The meeting tackled the debts owed ​​to the National Investment Bank by 23 public and economic organizations, cabinet ....

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