Economy

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  • Category : Economy
  • Rational use of air conditioners saves 8% of Egypt's energy consumption - minister

    Rational use of air conditioners saves 8% of Egypt's energy consumption - minister

    Date: 2013-12-29 09:02:23 GMT - Egypt - Economy - SN:14 - ID:467281

    Egypt's electricity minister said on Sunday Egypt can save 2,000 megawatts if the use of air conditioners were rationalized during rush hours, that do not exceed four hours. A rational use of air conditioners will save 8 percent of Egypt's ....

  • 70 flights arrive at Hurghada airport

    70 flights arrive at Hurghada airport

    Date: 2013-12-28 17:41:14 GMT - Egypt - Economy - SN:54 - ID:466701

    Hurghada International Airport has received 70 flights; 60 international and 10 domestic. The flights carried 10,500 tourists of various nationalities to attend the Christmas and New Year holidays. In statements to MENA, Sadeq el-Showri, ....

  • Upcoming phase to be major challenge for Egypt - tourism minister

    Upcoming phase to be major challenge for Egypt - tourism minister

    Date: 2013-12-28 08:34:37 GMT - Egypt - Economy - SN:19 - ID:465667

    The upcoming phase will be a challenge for Egypt, as when it approaches stability and continues the road map, several countries and organizations will attempt to hinder this process, said Tourism Minister Hisham Zaazou. The Egyptian people are ....

  • Egyptian Exchange indexes up last week

    Egyptian Exchange indexes up last week

    Date: 2013-12-27 11:05:04 GMT - Egypt - Economy - SN:6 - ID:464187

    The Egyptian Exchange indexes closed last week up and the market capital gained EGP 2.7 billion to hit EGP 426 billion. During the course of the week, the benchmark index EGX 30 jumped 0.95 percent to 6,813 points, said a weekly report issued by ....

  • Electricity station operating with natural gas inaugurated

    Electricity station operating with natural gas inaugurated

    Date: 2013-12-26 15:55:36 GMT - Egypt - Economy - SN:29 - ID:463192

    Minister of Petroleum Sherif Ismail announced the beginning of a project to convert a diesel-fueled electricity generating station to use natural gas with investments of 230 million pounds. The event was attended by Red Sea Governor Ahmed ....

  • River Congo project mulled for it would save 50 bln cubic meters of water for Egypt annually : minister

    River Congo project mulled for it would save 50 bln cubic meters of water for Egypt annually : minister

    Date: 2013-12-26 15:48:46 GMT - Egypt - Economy - SN:27 - ID:463176

    Irrigation and Water Resources Minister Mohamed Abd el-Mottaleb said that the project of linking the River Nile with Congo River is still under serious examination, stressing that Egypt wants to cooperate with the Nile basin countries in different ....

  • Developing supervision over industrial activities to raise quality of products - minister

    Developing supervision over industrial activities to raise quality of products - minister

    Date: 2013-12-26 15:13:36 GMT - Egypt - Economy - SN:25 - ID:463100

    Trade and Industry Minister Mounir Fakhry Abdel Nour said that his ministry is keen on developing supervision over industrial activities to raise the quality of products. The minister's remark came during a ceremony organized by the Industrial ....

  • Environment Minister: Egypt can overcome power crisis if some axes applied

    Environment Minister: Egypt can overcome power crisis if some axes applied

    Date: 2013-12-26 14:53:03 GMT - Egypt - Economy - SN:22 - ID:463070

    Minister of State for Environmental Affairs Leila Iskandar said Thursday that Egypt could overcome the power crisis if some axes were applied. These axes include rationalizing the use of power in all sectors and lifting the energy subsidy that ....

  • Electricity Minister pays inspection visit to north Cairo power station

    Electricity Minister pays inspection visit to north Cairo power station

    Date: 2013-12-26 14:25:54 GMT - Egypt - Economy - SN:20 - ID:463009

    Electricity and Energy Minister Ahmed Imam toured on Thursday north Cairo power station to check on the progress of work and ongoing maintenance programs. The combined cycle station has a capacity of 1,500 MW. ....

  • Govt should help local businessmen: World Bank expert

    Govt should help local businessmen: World Bank expert

    Date: 2013-12-26 09:42:11 GMT - Egypt - Economy - SN:10 - ID:462241

    A World Bank expert said Egyptian decision makers have an opportunity to overcome obstacles facing local businessmen. In a statement issued by the World Bank and obtained by MENA, the expert said there is a need to boost transparency between ....

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