Economy

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  • Category : Economy
  • Italy lifts ban on travel to Red Sea, Aswan, Luxor

    Italy lifts ban on travel to Red Sea, Aswan, Luxor

    Date: 2013-11-16 10:45:46 GMT - Egypt - Economy - SN:9 - ID:389441

    The Italian foreign ministry has decided to lift a ban on travel to the Egyptian governorates of Red Sea, Luxor and Aswan. Italy is one of the most important markets for the Egyptian tourism. In statements to MENA, Egypt's Tourism Minister ....

  • Kuwait summit economic not political--head of Egypt delegion

    Kuwait summit economic not political--head of Egypt delegion

    Date: 2013-11-16 10:39:54 GMT - Kuwait - Economy - SN:27 - ID:389757

    The main purpose of the third Afro-Arab summit is economic and not political, said Wael Nasr, Assistant Foreign Minister for African Affairs. "We discussed the mechanisms that were introduced during Sirte summit to develop the Arab-African ....

  • Mansour approves pact of D-8 Organization for Economic Cooperation

    Mansour approves pact of D-8 Organization for Economic Cooperation

    Date: 2013-11-15 14:04:11 GMT - Egypt - Economy - SN:31 - ID:388525

    Egypt's President Adly Mansour has issued a decree approving the pact of the D-8 Organization for Economic Cooperation. In November, 2012, Egypt signed the charter in Islamabad, presidential spokesman Ehab Badawi said on Friday. The ....

  • Egypt poised to buy 240,000 tons of wheat from France, Romania

    Egypt poised to buy 240,000 tons of wheat from France, Romania

    Date: 2013-11-15 08:04:23 GMT - Egypt - Economy - SN:11 - ID:387827

    The General Authority for Supply Commodities inked two agreements Tuesday with the French and Romanian governments to buy 240,000 tons of wheat to be delivered on December 15. The government will buy 60,000 tons from Romania and about 180,000 ....

  • 182-, 364-day T-bills auctioned

    182-, 364-day T-bills auctioned

    Date: 2013-11-14 18:21:29 GMT - Egypt - Economy - SN:46 - ID:387388

    The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills with a 2.2 bid-to-cover ratio. The average yield was 11.151%, it ....

  • EGX indexes show varied performance at closing

    EGX indexes show varied performance at closing

    Date: 2013-11-14 18:02:03 GMT - Egypt - Economy - SN:41 - ID:387364

    The Egyptian Stock Exchange (EGX) showed varied performance at closing on Thursday, amid anticipation of the November 19 protests, called for by the various political powers to revive the second anniversary of Mohamed Mahmoud Street clashes. The ....

  • Non-petroleum exports rise 12% in 10 months - minister

    Non-petroleum exports rise 12% in 10 months - minister

    Date: 2013-11-14 18:01:05 GMT - Egypt - Economy - SN:40 - ID:387362

    Egyptian non-petroleum exports achieved a 12% growth in ten months - from January through October, said Trade and Industry Minister Mounir Fakhri Abdel-Nour. In a statement issued by the ministry Thursday, Abdel-Nour said the value of ....

  • 1 million pounds allocated to set up sanitary drainage project in Rashid - governor

    1 million pounds allocated to set up sanitary drainage project in Rashid - governor

    Date: 2013-11-14 17:16:43 GMT - Egypt - Economy - SN:33 - ID:387280

    Behira Governor Mostafa Hadhoud said that a sanitary drainage project will be implemented in Gediya region in Rashid at a total cost of 20 million pounds. The National Authority for Drinking Water and Drainage will be in charge of the project, he ....

  • No new fees for collecting garbage - minister

    No new fees for collecting garbage - minister

    Date: 2013-11-14 16:44:30 GMT - Egypt - Economy - SN:29 - ID:387205

    State Minister for Environmental Affairs Laila Iskander said that no new fees will be imposed on citizens for a new cleanliness and garbage collection mechanism especially during the experimental phase that will last for six months. In a press ....

  • Housing minister signs cooperation protocols for construction of 6,870 housing units in Port Said, Suez

    Housing minister signs cooperation protocols for construction of 6,870 housing units in Port Said, Suez

    Date: 2013-11-13 15:04:00 GMT - Egypt - Economy - SN:29 - ID:385107

    Minister of Housing, Utilities and Urban Communities Ibrahim Mehleb and Port Said Governor Sameh Qandil signed on Wednesday a cooperation protocol for the construction of 3,870 housing units in the governorate. Another protocol was also signed ....

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