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Economy
- Service : English
- Category : Economy
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Industry minister says cooperation needed to succeed in economy, politics
Date: 2013-10-29 16:41:50 GMT - Egypt - Economy - SN:48 - ID:360933
Improving the economy and the political landscape in Egypt hinges on cooperation among the different segments of society, says the industry and trade minister. Cooperation among the government, private sector and the business and civil societies ....
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EGX chairman meets counterparts in Singapore, Poland, S.Korea and India
Date: 2013-10-29 14:29:36 GMT - Egypt - Economy - SN:37 - ID:360727
Chairman of the Egyptian Exchange Mohamed Omran met Tuesday with his counterparts in Singapore, Poland, South Korea and India to probe an EGX plan to establish a market for futures contracts. Talks took up financial tools that can be used and ....
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Bourse rallies with gains hitting 1.9bln pounds
Date: 2013-10-29 14:18:53 GMT - Egypt - Economy - SN:35 - ID:360656
The Egyptian Exchange made gains at the close of Tuesday's trading session, powered by intensive purchases by investors and foreign investment institutions and funds. The market capital achieved gains worth EGP 1.9 billion to reach EGP 394.9 ....
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Natural gas network expansion work should be accelerated -- minister
Date: 2013-10-29 13:41:36 GMT - Egypt - Economy - SN:29 - ID:360574
The oil minister is not happy with the current natural gas network expansion work rates, saying they are not satisfactory and should be accelerated. All obstructions hindering the process to stretch the network to as many households as possible ....
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European Bank ready to support Egyptian government in its economic reform policies
Date: 2013-10-29 13:00:39 GMT - Egypt - Economy - SN:22 - ID:360476
The European Bank has announced its readiness to work with the current Egyptian government for supporting its economic reform policies. The remark was made at a meeting on Tuesday between Egyptian Minister of International Cooperation Zeyad Bahaa ....
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Irrigation ministry denies disputes with agriculture ministry over Siwa wells
Date: 2013-10-29 12:58:54 GMT - Egypt - Economy - SN:21 - ID:360470
Minister of Water Resources and Irrigation Mohamed Abdel-Moteleb denied disputes with the Ministry of Agriculture, stressing that both ministries are coordinating efforts to magnify the benefit of Siwa water wells. In press statements on the ....
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Minister opens forum on financial inclusion, microfinance in Egypt
Date: 2013-10-29 12:41:24 GMT - Egypt - Economy - SN:19 - ID:360418
Deputy Prime Minister for Economic Affairs Ziyad Bahaa AL-Din highlighted the importance of merging the unofficial economic sector with the official one as it is part and parcel of the Egyptian economy. In statements during the inauguration of a ....
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EGX loses 6bln pounds; index down 1.9 percent
Date: 2013-10-28 17:11:19 GMT - Egypt - Economy - SN:50 - ID:359178
The Egyptian Exchange plummeted at the close of Monday's trading session amid fears of violence flaring up with the approach of the date of the trial of ousted president Mohamed Morsi, due to take place next week. The market capital suffered ....
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Fadel urges private airlines to cooperate with EgyptAir
Date: 2013-10-28 12:26:31 GMT - Egypt - Economy - SN:36 - ID:358577
Civil Aviation Minister Abdel-Aziz Fadel urged private airlines to cooperate with EgyptAir to give a push to the Egyptian air transport sector. During a meeting Monday, representatives from private airlines thanked the minister for his initiative ....
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70% of Red Sea hotels resume operation
Date: 2013-10-28 11:34:56 GMT - Egypt - Economy - SN:30 - ID:358441
About 70 percent of Red Sea hotels and resorts started re-operation after their activities were suspended over a spate of riots which gripped the country over the past period, the tourism ministry undersecretary said. In statements to MENA ....
