Economy

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  • IMF committed to supporting Egypt - official

    IMF committed to supporting Egypt - official

    Date: 2013-10-12 07:48:17 GMT - United Nations - Economy - SN:4 - ID:334735

    The International Monetary Fund (IMF) is committed to supporting Egypt and its people during the transitional period, said IMF Middle East and Central Asia Director Masood Ahmed. The IMF has worked heavily with the Egyptian governments since ....

  • Performance of Agriculture Ministry to be restructured: Minister

    Performance of Agriculture Ministry to be restructured: Minister

    Date: 2013-10-11 14:08:05 GMT - Egypt - Economy - SN:25 - ID:334047

    Agriculture Minister Ayman Abu Hadid said on Friday that the performance of his ministry is being restructured in a way that guarantees the best interest of Egyptian farmers. The minister underlined the necessity of farmers contributing to ....

  • Mansour, Zaazou discuss promoting tourism movement

    Mansour, Zaazou discuss promoting tourism movement

    Date: 2013-10-10 20:24:21 GMT - Egypt - Economy - SN:29 - ID:332940

    Interim President Adli Mansour held a meeting on Thursday with Minister of Tourism Hisham Zaazou to discuss promoting the tourism sector. During the meeting, Zaazou reviewed efforts exerted by the ministry to resume and activate tourism movement ....

  • Agriculture minister meets IFAD delegation to discuss countryside development

    Agriculture minister meets IFAD delegation to discuss countryside development

    Date: 2013-10-10 19:43:28 GMT - Egypt - Economy - SN:27 - ID:332873

    Agriculture Minister Ayman Abu Hadid said Thursday the International Fund for Agricultural Development (IFAD) in cooperation with the Egyptian government assist the Egyptian farmers and fresh graduates to develop their own businesses in the ....

  • EGX wins 5.7bln pounds, index jumps 2.23 percent

    EGX wins 5.7bln pounds, index jumps 2.23 percent

    Date: 2013-10-10 19:40:13 GMT - Egypt - Economy - SN:26 - ID:332868

    The Egyptian Exchange (EGX) made profits at the close of Thursday trading driven by heavy purchases by foreign investors. The market capital gained 5.7 billion pounds to reach 390 billion pounds, its highest ever level since the beginning of the ....

  • Egyptian Exchange indexes down

    Egyptian Exchange indexes down

    Date: 2013-10-08 15:59:43 GMT - Egypt - Economy - SN:14 - ID:328874

    The Egyptian Exchange (EGX) indexes were collectively down at the closing of Tuesday trading backed by sales by Egyptian, Arab and foreign investors ahead of Feast of Sacrifice (Greater Bairam) vacation, to start on Monday. The benchmark EGX ....

  • Investment minister reviews performance of state-owned insurance companies

    Investment minister reviews performance of state-owned insurance companies

    Date: 2013-10-08 14:13:23 GMT - Egypt - Economy - SN:12 - ID:328634

    Investment Minister Usama Saleh has held a meeting with leaders of state-owned insurance companies with a view to reviewing their performance. At the meeting, the minister asserted the necessity of following-up the process of promoting their ....

  • WB finances new projects in Egypt at 275mln dollars

    WB finances new projects in Egypt at 275mln dollars

    Date: 2013-10-08 14:07:11 GMT - Egypt - Economy - SN:11 - ID:328626

    The World Bank will finance new projects in Egypt at a value of 275 million dollars. These projects are to be in the health-care and social justice domains. Within this framework, the Bank has held several meetings with Egyptian officials with ....

  • Egypt receives $20 billion in migrant remittances

    Egypt receives $20 billion in migrant remittances

    Date: 2013-10-06 14:31:11 GMT - Egypt - Economy - SN:12 - ID:325282

    Egypt ranked the sixth position globally and topped Arab countries in migrant remittances in 2013 and received $20 billion. At the international level, the top recipients of officially recorded remittances for 2013 are India (with an estimated ....

  • Beblawy to

    Beblawy to "Okaz": No economic progress without security, political stability

    Date: 2013-10-06 11:44:16 GMT - Kingdom of Saudi Arabia - Economy - SN:4 - ID:324874

    Egyptian Prime Minister Hazem Al-Beblawy asserted that economic progress could never be achieved without security and political stability, noting that the government does not intend to renew the state of emergency. In the second part of his ....

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