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Economy
- Service : English
- Category : Economy
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European Bank will finance five projects in several sectors in Egypt as of next year -- Bahaa-Eddin
Date: 2013-12-04 12:21:19 GMT - Egypt - Economy - SN:43 - ID:422273
The European Bank for Reconstruction and Development will finance five projects in several sectors in Egypt as of next year, said Egyptian Minister of International Cooperation Ziad Bahaa-Eddin on Wednesday. In press statements, he added that the ....
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Egypt needs 2 years without protests to attract investments
Date: 2013-12-04 11:48:06 GMT - Egypt - Economy - SN:33 - ID:422175
For Egypt to get back up on its feet there should be at least two years of halt of protests and unionist strikes, says Egyptian business magnate Naguib Sawiris. Egypt needs to stop and take a breath in this critical time, Sawiris said on the ....
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New oil deals aim at increasing production rates, addressing market needs - minister
Date: 2013-12-04 11:36:09 GMT - Egypt - Economy - SN:31 - ID:422118
Petroleum Minister Sherif Ismail said on Wednesday signing more oil and natural gas deals with global companies aims at increasing the country's production rates and meeting growing local market needs. The minister gave the remarks following the ....
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Kuwaiti finance minister denies halting financial aid to Egypt
Date: 2013-12-04 11:35:05 GMT - Kuwait - Economy - SN:30 - ID:422115
Deputy Premier and Finance Minister Sheikh Salem Abdel-Aziz denied reports fanned by some TV channels and websites on a Kuwaiti message on halting financial support to Egypt. In statements to the Kuwaiti news agency on Wednesday, Sheikh Salem ....
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CBE Governor: Foreign reserve with the Bank has slightly declined in November
Date: 2013-12-04 11:11:35 GMT - Egypt - Economy - SN:26 - ID:422027
Governor of the Central Bank of Egypt (CBE) Hisham Ramez on Wednesday said that foreign reserve with the Bank has slightly declined in November. In his speech at the Egypt-GCC Investment Forum, which opened here earlier in the day, he added that ....
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Investment minister launches initiative to activate Egypt-GCC investments
Date: 2013-12-04 11:08:54 GMT - Egypt - Economy - SN:25 - ID:422016
Investment Minister Osama Saleh launched an initiative to activate investments between Egypt and the Gulf Cooperation Council (GCC) nations with the aim of realizing an economic and strategic integration among the Arab peoples. Addressing the ....
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PM says political stability, security needed for economic progress
Date: 2013-12-04 10:03:40 GMT - Egypt - Economy - SN:24 - ID:421836
Prime Minister Hazem el-Beblawy stressed on Wednesday that economic progress will not be achieved unless political stability and security are realized. Beblawy, addressing the first Arab-Gulf investment forum, said the Egyptian economy is facing ....
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Egypt buys 60,000 tons of wheat from Romania
Date: 2013-12-04 08:04:07 GMT - Egypt - Economy - SN:8 - ID:421585
The General Authority for Supply Commodities inked an agreement Tuesday with the Romanian government to buy 60,000 tons of wheat to be delivered on December 20. The Romanian wheat is priced at $304.89 per ton and the French wheat at $303.82 and ....
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Tourism minister inaugurates new project to attract German tourists
Date: 2013-12-03 18:52:57 GMT - Egypt - Economy - SN:72 - ID:421156
Tourism Minister Hisham Zazou has inaugurated a new marketing project in partnership with a German company to promote tourism to Egypt. Zazou said that Germany was the fifth largest tourism exporter to Egypt with 1,3 million tourists in 2010 and ....
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Communication minister briefs cabinet on High-speed internet project
Date: 2013-12-03 18:50:15 GMT - Egypt - Economy - SN:71 - ID:421151
Egypt Minister of Communications and Information Technology Atef Helmy briefed a cabinet meeting on Tuesday on the latest developments in the High-speed Internet National Initiative. The project's conditions and terms of bidding are ready, ....
