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Economy
- Service : English
- Category : Economy
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Egypt bourse indices collectively up
Date: 2013-09-26 16:36:57 GMT - Egypt - Economy - SN:23 - ID:309115
The Egyptian Exchange (EGX) indices closed Thursday's transactions with a rise, promoted by purchases of Egyptian and Arab funds and institutions. The market capital gained about 2.4 billion pounds to hit 381.1 billion pounds, while the total ....
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Govt has clear-cut plan to flourish economy - minister
Date: 2013-09-26 15:53:28 GMT - Egypt - Economy - SN:22 - ID:309033
The government has a clear-cut plan to flourish the economy and achieve social justice, said Finance Minister Ahmed Galal. During a conference held with a host of Egyptian and foreign investors, organized by EFG Hermes, Galal said that the ....
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Egyptian, Indian FMs agree on beefing up India's investments in Egypt
Date: 2013-09-26 10:35:52 GMT - USA - Economy - SN:2 - ID:308320
Egyptian Foreign Minister Nabil Fahmy has agreed with his Indian counterpart S.M. Krishna on increasing India's investments and setting up projects in Egypt. During a meeting on the sidelines of the 68th session of the UN General Assembly, the ....
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Curfew reduced fuel consumption by citizens – Minister
Date: 2013-09-25 19:51:43 GMT - Egypt - Economy - SN:16 - ID:307782
Environment Minister Laila Eskander said Wednesday that the curfew has considerably reduced citizens' consumption of fuel. Reducing energy consumption will make Egypt do without importing fossil fuel, Eskander said as she visited the Muqattam ....
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Housing minister welcomes each vision on Suez Canal Axis project
Date: 2013-09-25 12:45:56 GMT - Egypt - Economy - SN:7 - ID:306799
Minister of Housing, Utilities and Urban Communities Ibrahim Mehleb has affirmed the ministerial committee concerned with following up the implementation of Suez Canal Axis project welcomes each vision on the venture. The project is a big ....
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Transport minister: Increasing efficiency of El-Saf/Korimat road at cost of EGP 34 mln
Date: 2013-09-22 13:08:43 GMT - Egypt - Economy - SN:6 - ID:301696
Transport Minister Ibrahim el-Demiri said that the rehabilitation works on El-Saf/Korimat road were finalized at a total cost of EGP 34 million. In statements on Sunday, the minister said that 20,000 vehicles used the 900-kilometer road that ....
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New incentives to boost industry sector - minister
Date: 2013-09-21 13:49:11 GMT - Egypt - Economy - SN:11 - ID:300157
A new package of incentives will be offered to boost the industry sector, increase its competitiveness and support investors who are currently carrying out projects, said Trade and Industry Minister Mounir Fakhri Abdel-Nour. During a tour of an ....
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Stock market upbeat about several measures – experts
Date: 2013-09-21 10:16:34 GMT - Egypt - Economy - SN:5 - ID:299737
The Egyptian stock market has been optimistic lately due to several positive elements, including the Central Bank of Egypt’s decision to reduce interest rates on deposits and loans, financial experts said. Also, measures by the Egyptian ....
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Egyptian Exchange indexes up last week
Date: 2013-09-20 14:28:30 GMT - Egypt - Economy - SN:20 - ID:298801
The Egyptian Exchange indexes closed last week up and the market capital hit EGP 371.6 billion after gaining EGP 1.6 billion. During the course of the week, the benchmark index EGX 30 jumped 0.76 percent up to 5,530 points, said a weekly report ....
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Oil minister chairs petroleum corporation board meeting for fiscal year
Date: 2013-09-20 12:31:52 GMT - Egypt - Economy - SN:8 - ID:298570
Petroleum Minister Sherif Ismail has chaired the board meeting of the Egyptian General Petroleum Corporation to discuss and approve its plan for the 2012-13 fiscal year. During the meeting, the minister stressed the importance of pressing ....
