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Economy
- Service : English
- Category : Economy
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Industry minister says Cabinet to confer on establishing independent authority of mines
Date: 2013-12-10 13:54:49 GMT - Egypt - Economy - SN:26 - ID:432890
The Cabinet will convene Wednesday to discuss a draft law on establishing an independent authority of mines and quarries so as to avoid multiplicity of bodies concerned with this strategic industry, Industry Minister Mounir Fakhri Abdel-Nour said ....
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Industry minister calls for reaching social justice
Date: 2013-12-10 12:17:22 GMT - Egypt - Economy - SN:16 - ID:432669
Minister of Trade and Industry Mounir Fakhri Abdennour undelined the need to reach social justice in its broad spectrum in terms of providing suitable service to nationals and not just offer them suitable salaries taking into account the minimum ....
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Saudi cabinet agrees to maintain oil output ceiling
Date: 2013-12-09 17:25:30 GMT - Kingdom of Saudi Arabia - Economy - SN:60 - ID:431452
The Saudi Cabinet decided Monday to maintain its oil production ceiling and hailed the current stability on the international petroleum market. The cabinet further affirmed that the kingdom will continue to oversee the latest developments in ....
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Major companies expected to be listed on EGX in 2014
Date: 2013-12-09 13:10:08 GMT - Egypt - Economy - SN:54 - ID:430927
Egyptian Exchange Chairman Mohamed Omran expected that between three and five major companies will be listed before the end of the first half of 2014. Among the expected companies is Kuwaiti Al-Salam Holding Company for financial services, Omran ....
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EGX gains EGP 4.4 billion
Date: 2013-12-08 17:57:49 GMT - Egypt - Economy - SN:45 - ID:429666
The Egyptian Exchange (EGX) made profits for the fourth consecutive session at the close of trading on Sunday amid investors' optimism over expected Gulf investments in Egypt in the upcoming phase. The market capital gained 4.4 billion pounds to ....
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Egypt transport minister meets Hungarian national development minister
Date: 2013-12-08 14:56:13 GMT - Egypt - Economy - SN:37 - ID:429348
Transport Minister Ibrahim el-Demiri met here Sunday with Hungarian Minister for National Development Zsuzsa Nemeth to discuss cooperation between the two countries in developing Egypt's railway system. During the meeting, Demiri affirmed Egypt's ....
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91, 266-day T-bills auctioned
Date: 2013-12-08 13:56:45 GMT - Egypt - Economy - SN:33 - ID:429216
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5.5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills with a 2.83 bid-to-cover ratio. The average yield was 10.217%, it said, ....
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Trade minister back home from Indonesia
Date: 2013-12-08 13:10:07 GMT - Egypt - Economy - SN:30 - ID:429105
Minister of Trade and Industry Munir Fakhri Abdel Nour returned home on Sunday winding up a visit to Indonesia during which he attended the 9th Ministerial Conference of the World Trade Organization held in Bali. Delegations from 160 countries ....
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Investment minister: Egypt still ranks 10th among top 50 business reformers
Date: 2013-12-08 12:09:35 GMT - Egypt - Economy - SN:27 - ID:428956
Investment Minister Osama Saleh said that Egypt still ranks 10th among the top 50 countries reforming their investment climate in the world. Giving a word at the opening of Doing Business Conference in Egypt, the minister said that a group of ....
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CBE: Foreign currency reserves decrease by dlrs 825m in November
Date: 2013-12-08 12:02:24 GMT - Egypt - Economy - SN:25 - ID:428945
The Central Bank of Egypt announced a decrease in foreign currency reserves in November by 4.4% registering 17.765 billion dollars, compared with 18.590 billion dollars in October. CBE Governor Hisham Ramez expected a decrease in the foreign ....
