Economy
- Service : English
- Category : Economy
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No increase in electricity prices on any slice - official
Date: 2013-10-20 15:39:51 GMT - Egypt - Economy - SN:37 - ID:345996
The first undersecretary of the Ministry of Electricity and the ministry's spokesman Aktham Abu El-Ela denied any increases in electricity prices on any slice. The official denied what was published regarding this subject on some websites. ....
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Bourse gains EGP 3.2 bln in first session after Eid
Date: 2013-10-20 14:29:23 GMT - Egypt - Economy - SN:33 - ID:345816
Indices of the Egyptian Exchange (EGX) shut Sunday's session collectively up, backed by wide purchases by investors. The market capital gained about 3.2 billion pounds, hitting 396.2 billion pounds, after transactions reached 642 million pounds. ....
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2 ships with 519 cars on board arrive at Alexandria port
Date: 2013-10-20 10:11:34 GMT - Egypt - Economy - SN:15 - ID:345237
Two ships coming from India and Greece sailed into Alexandria Port on Sunday carrying 519 cars of different brands. In statements, chairman of Alexandria Port Authority Adel Yassin said all procedures were taken to unload the ships. ....
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Additional 3,400 megawatts to be generated by summer - minister
Date: 2013-10-20 10:04:25 GMT - Egypt - Economy - SN:14 - ID:345229
An additional 3,400 megawatts will be generated under the electricity sector plan to meet rising power consumption during the 2014 summer, Electricity Minister Ahmed Imam said. In press statements Sunday, he said the ministry would do its best to ....
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Recycling rice straw saves annually EGP 4 bln: Agriculture min.
Date: 2013-10-19 07:23:20 GMT - Egypt - Economy - SN:1 - ID:343542
Egypt's Agriculture Minister Ayman Farid Abu Hadid said that The total amount of rice straw is sufficient to produce annually about four billion tons of feeds and fertilizers which save four billion pounds annually. These remarks came during Abu ....
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Abdel-Nour announces new line-up of IMC
Date: 2013-10-18 11:34:59 GMT - Egypt - Economy - SN:14 - ID:342745
Industry and Trade Minister Mounir Fakhri Abdel-Nour has decided to reshuffle the Industrial Modernization Center (IMC). In a statement Friday, he said the ministry is so keen on improving the center for its role in boosting all industrial ....
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Abu-Hadid continues meetings with Arab, international investment funds to flourish agricultural sector
Date: 2013-10-14 12:24:42 GMT - Egypt - Economy - SN:59 - ID:338325
Agriculture and Land Reclamation Minister Ayman Farid Abu-Hadid said that he will continue his meetings with investment funds and Arab and international organizations concerned with agricultural cooperation. He also said that he held several ....
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Trio awarded Nobel economics prize
Date: 2013-10-14 12:13:38 GMT - Sweden - Economy - SN:57 - ID:338304
The 2013 Nobel Prize in economics has been awarded to Eugene Fama, Lars Peter Hansen and Robert Shiller. It was awarded for their "empirical analysis of asset prices", according to the awarding committee, the BBC reported on Monday. The ....
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Investment rate hit 14.2 %, total investments declined during 2012/13 - planning ministry
Date: 2013-10-14 12:06:19 GMT - Egypt - Economy - SN:54 - ID:338294
The volume of investments during 2012-2013 went down by 3.7 percent to hit 248.6 billion pounds against 258.1 billion pounds during 2011-2012, the Planning Ministry revealed. The ministry, meanwhile, said the rate of public investment inched ....
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Trade minister meets S. Korean amb.
Date: 2013-10-14 09:24:39 GMT - Egypt - Economy - SN:31 - ID:337924
Minister of Industry and Foreign Trade Mounir Fakhry Abdel-Nour held talks with South Korean Ambassador here Kim Young-so to discuss means of boosting joint economic and commercial cooperation. During the talks, Abdel-Nour said the ministry ....