Economy

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  • Category : Economy
  • Improvement in aviation movement at regional airports

    Improvement in aviation movement at regional airports

    Date: 2013-10-05 14:47:18 GMT - Egypt - Economy - SN:10 - ID:323710

    Head of the Egyptian Airports Company Captain Gad el-Karim Nasr said the aviation movement at Egypt's regional airports witnessed a tangible improvement and the number of passengers has increased by 10 percent. The largest number of travelers ....

  • PM says Egypt to attend meetings of IMF, WB at level of ambassador this year

    PM says Egypt to attend meetings of IMF, WB at level of ambassador this year

    Date: 2013-10-04 14:00:41 GMT - Egypt - Economy - SN:10 - ID:322225

    Prime Minister Hazem el-Beblawi said Egypt will participate in annual autumn meetings of the International Monetary Fund (IMF) and the World Bank (WB) at the level of ambassador. The meetings will convene in Washington on October 10-12. ....

  • Egyptian Exchange indexes up last week

    Egyptian Exchange indexes up last week

    Date: 2013-10-04 13:50:24 GMT - Egypt - Economy - SN:6 - ID:322209

    The Egyptian Exchange indexes closed last week up while the market capital lost EGP one billion to hit EGP 380.015 billion. During the course of the week, the benchmark index EGX 30 rose 0.39 percent to 5,726 points, said a weekly report ....

  • Bourse bans OTC trading of 2 securities companies

    Bourse bans OTC trading of 2 securities companies

    Date: 2013-10-03 15:06:14 GMT - Egypt - Economy - SN:5 - ID:320748

    The Egyptian Exchange banned Masters Securities Company and Golden Way Securities Company from trading their shares over-the-counter (OTC) for three months. The decision will be effective as of today’s trading session, EGX said in a press ....

  • Egyptian Cabinet reviews security and economic files

    Egyptian Cabinet reviews security and economic files

    Date: 2013-10-02 13:34:16 GMT - Egypt - Economy - SN:18 - ID:318622

    The Egyptian Cabinet held a meeting on Wednesday under Prime Minister Hazem el-Biblawe and discussed security and economic files. The meeting took up efforts exerted by the government for preventing price hikes along with the role of monitoring ....

  • Egypt, WB seek new mechanism for implementing labor-intensive projects

    Egypt, WB seek new mechanism for implementing labor-intensive projects

    Date: 2013-10-02 13:17:32 GMT - Egypt - Economy - SN:16 - ID:318585

    Minister of Local Development Adel Labib met on Wednesday with a visiting delegation of the World Bank (WB) to discuss a new mechanism for implementing labor-intensive projects in Egypt. In press statements after the meeting, Labib said that the ....

  • Petroleum Minister: Saudi Arabia, UAE, Kuwait securing Egypt oil needs since July

    Petroleum Minister: Saudi Arabia, UAE, Kuwait securing Egypt oil needs since July

    Date: 2013-10-01 14:51:09 GMT - Egypt - Economy - SN:11 - ID:317135

    Petroleum Minister Sherif Isamil said Tuesday that Saudi Arabia, the UAE and Kuwait have been securing Egypt's needs of oil since July. They remain committed to supplying Egypt with oil until the end of this year, Ismail said, adding that Cairo ....

  • Govt committed to road map – investment minister

    Govt committed to road map – investment minister

    Date: 2013-09-28 14:00:49 GMT - Egypt - Economy - SN:8 - ID:311854

    The Egyptian government is committed to the road map on which the Egyptian people have agreed, said Investment Minister Osama Saleh. The nation’s constitution is being amended and will be followed by parliamentary and presidential elections, ....

  • Egyptian Exchange indexes up last week

    Egyptian Exchange indexes up last week

    Date: 2013-09-27 14:40:33 GMT - Egypt - Economy - SN:2 - ID:310442

    The Egyptian Exchange indexes closed last week up and the market capital gained EGP 9.45 billion to hit EGP 381 billion. During the course of the week, the benchmark index EGX 30 jumped 3.15 percent up to 5,704 points, said a weekly report issued ....

  • Financial Times: Egypt’s finance minister faces huge challenges to boost economy

    Financial Times: Egypt’s finance minister faces huge challenges to boost economy

    Date: 2013-09-27 14:40:05 GMT - United Kingdom - Economy - SN:3 - ID:310466

    Egypt’s new finance minister Ahmed Galal is on a mission that is seemingly impossible: he has pledged to reduce the budget deficit while at the same time spending more to get the economy moving, create jobs and buy some social peace, the Financial ....

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