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Economy
- Service : English
- Category : Economy
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World Bank receives $52 Billion in aid to poorest countries
Date: 2013-12-18 10:25:16 GMT - USA - Economy - SN:22 - ID:448192
the World Bank said it received a record amount estimated $52 Billion in financing over the next three years for the fund for the poorest countries. In a statement, the bank added a global coalition of developed and developing countries today ....
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Egyptian gov. to pump in new stimulus package worth EGP 30 bln- minister
Date: 2013-12-17 19:39:16 GMT - Egypt - Economy - SN:52 - ID:447522
The government plans to pump in a new stimulus package worth EGP 30 billion to spur the economy, finance minister announced Tuesday. Ahmed Galal's remarks came in a speech before the French Chamber of Commerce in Cairo. The minister said ....
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Domestic liquidity up 3 percent: CBE
Date: 2013-12-17 18:06:12 GMT - Egypt - Economy - SN:44 - ID:447379
The Central Bank of Egypt said on Tuesday that the total domestic liquidity hit 13,350 billion pounds at the end of September, with an increase of 38 billion pounds, or 3 percent. The bank deposits in local currency with the CBE rose by 10.9 ....
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EGX index up 1.15%
Date: 2013-12-17 15:16:42 GMT - Egypt - Economy - SN:38 - ID:446813
Egyptian Exchange (EGX) indexes moved closer to levels prior to the January 25 Revolution Tuesday prompted by intensive purchases by Egyptian and Arab investors optimistic about a popular consensus about the new constitution. The market capital ....
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Minister of Oil signs oil exploration agreement with two German companies
Date: 2013-12-17 12:55:41 GMT - Egypt - Economy - SN:26 - ID:444964
Minister of Oil and Mineral Resources Sherif Ismail on Tuesday signed an agreement with two German companies for oil and gas exploration in the Gulf of Suez at investment costs of about 22 million dollars. The agreement comes within the framework ....
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Tourism flow to Egypt increases during November
Date: 2013-12-17 12:45:18 GMT - Egypt - Economy - SN:23 - ID:444743
Tourism Minister Hisham Zaazou said Tuesday that the flow of tourists to Egypt increased during November compared to the previous two months. As many as 573,000 tourists visited Egypt in November rising from October during which 562,000 tourists ....
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Investment minister lays foundation stone of commercial complex in West Somed
Date: 2013-12-16 18:04:38 GMT - Egypt - Economy - SN:60 - ID:443584
Minister of Investment Ossama Saleh on Monday laid the foundation stone of a commercial complex in West Somed area in 6th of the October City at costs amounting to 52 million EGP. The project includes warehouses and a supermarket on an area of ....
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Egypt bourse declines on Arab, foreign sales
Date: 2013-12-16 17:25:43 GMT - Egypt - Economy - SN:41 - ID:443491
The Egyptian Exchange (EGX) indexes went down at the close of trading on Monday due to the continued sales by foreign investors, joined by Arab investors. The market capital lost about 900 million pounds to reach 418.3 billion pounds, after ....
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China ready to boost cooperation with Egypt in all domains - FM
Date: 2013-12-16 08:16:38 GMT - China - Economy - SN:10 - ID:442180
Chinese Foreign Minister Wang Yi expressed on Monday his country's readiness to push forward cooperation with Egypt in all domains. Wang termed as important Egyptian Foreign Minister Nabil Fahmy's current visit to China and his talks with Chinese ....
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China to grant Egypt 150 million yuan for projects - official
Date: 2013-12-16 08:12:41 GMT - China - Economy - SN:9 - ID:442173
China will offer a nonrefundable grant worth 150 million yuan to carry out projects in Egypt and boost joint investments, said Egyptian Foreign Ministry spokesman Badr Abdel Atti on Monday. Talk about the grant came through a meeting between ....
